Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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A bank is processing job applications. The typical processing time for one application is 4 weeks. The bank can process 5 applications per week. The department is trying to improve efficiency by reducing the processing time to 2 weeks. What is the reduction of applications under review after the efficiency improvement?
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- Navern Corporation manufactures and sells custom home elevators. From the time an order is placed until the time the elevator is installed in the customer's home averages 141 days. The 141 days are spent as follows: Wait time Inspection time Process time Move time Queue time What is Navern's manufacturing cycle efficiency (MCE) for its elevators? Multiple Choice O O 41.1% 30.4% 58.9% 29 days 24 days 34 days 31 days 23 days 57.4%arrow_forwardWhat can we do to prevent excessive utilization of the central processing unit? What impact does having limited resources have on this tactic? Try out some of their output?arrow_forwardProcess time is part of cycle time. The process time of a business process refers to: a. alWways is the largest part of cycle time. b. timMe a customer spends waiting in a queue (e.g., time customer spends waiting in a drive-thru line) c. is ofFten considered to be value-added time to the customer. d. timMe from beginning to completion of the business process.arrow_forward
- In Canada, you must take 10 hours off-duty in every 24-hour period and 8 of those hours must be consecutive. How can you take the other two hours off-duty during your 16-hour workshift?arrow_forwardIn a job shop, effective capacity is only 79 percent of design capacity, and actual output is 53 percent of effective output. What design capacity would be needed to achieve an actual output of 11 jobs per week? What is its effective capacity? a. The Design Capacity needed to achieve the required actual job outputs Blank 1 (round to whole number) b. The Effective Capacity needed to achieve the required actual job outputs = Blank 2 (round to whole number) Blank 1 Add your answerarrow_forwardDreamInflate is a balloon manufacturing company. Balloon manufacturing consists of seven work stations, each performing a single step as indicated in the table below. There are five workers manned for the seven work stations as shown. Assume the workers are paid $15 per Worker Task Sequence Processing Time (secs/balloon) Task Dye production Electrocharging Dipping (Cold and Hot) Mortar Dipping Balloon inflation and delaltexing Vulcanization Inspection/Testing 1 30 w1 20 3 35 W2 25 W3 30 W4 6. 45 W5 7 40 hour. Each balloon pack is sold for $6 and has a variable cost of $1. The company has fixed costs of $200 per hour. There is more demand than the overall production system can provide. Based on the information provided, answer the following questions: • What is the cost of direct labor for balloons? • How much profit does DreamInflate make every hour? (note that the cost of direct labor is also a variable cost). What would the profit of DreamInflate be if the variable costs were 10…arrow_forward
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