A company plans to produce 25,000 units in a 3-month period. The months have 22, 21, and 20 working days, respectively. What should the average daily production be?
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A company plans to produce 25,000 units in a 3-month period. The months have 22, 21, and 20 working days, respectively. What should the average daily production be?
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- At the beginning of each week, a machine is in one of four conditions: 1 = excellent; 2 = good; 3 = average; 4 = bad. The weekly revenue earned by a machine in state 1, 2, 3, or 4 is 100, 90, 50, or 10, respectively. After observing the condition of the machine at the beginning of the week, the company has the option, for a cost of 200, of instantaneously replacing the machine with an excellent machine. The quality of the machine deteriorates over time, as shown in the file P10 41.xlsx. Four maintenance policies are under consideration: Policy 1: Never replace a machine. Policy 2: Immediately replace a bad machine. Policy 3: Immediately replace a bad or average machine. Policy 4: Immediately replace a bad, average, or good machine. Simulate each of these policies for 50 weeks (using at least 250 iterations each) to determine the policy that maximizes expected weekly profit. Assume that the machine at the beginning of week 1 is excellent.Design capacity is the ability of the company to produce the quantity of goods and services within a particular period of time when the company have best condition to produce and when the company have unlimited resources. These resource's includes- Men, Machinery, Material etc. It shows the maximum capacity of the company to produce. Effective capacity refers to the ability of the company to produce maximum quantity within a particular period of time to achieve in current production condition and current resources. It shows the real outcome capacity of the firm when the company produce within their own current condition of their production. Question Why is the capacity design important?Design capacity is the ability of the company to produce the quantity of goods and services within a particular period of time when the company have best condition to produce and when the company have unlimited resources. These resource's includes- Men, Machinery, Material etc. It shows the maximum capacity of the company to produce. Effective capacity refers to the ability of the company to produce maximum quantity within a particular period of time to achieve in current production condition and current resources. It shows the real outcome capacity of the firm when the company produce within their own current condition of their production. In design capacity it is assume that the company will produce in best and ideal condition to produce goods and services while in Effective capacity it is assume that company will produce in current operating conditions. In design capacity it is assume that the company have unlimited resource's. It means these resource's include:- Men,…
- A recurring maintenance job in a factory is being done by a three-man crew. Due to the nature of the job and space limitations, it was observed that two of the men were idle 37% of the time; one of the men was also idle an additional of the time, and at any given time only one man was required. The men were each paid P24.00 per hour. Each time the job was performed a set of tools and equipment with a value equivalent to P36.00 per hour was used. If the three-men crew could complete the work in 5 hours, which crew size would be the most economical1) An operator is used for loading and unloading of parts to automated machines. Loading time is 1 minute; unloading time is 2 minutes, machining time is 30 minutes, Operator travel time between the machines including the inspection time is 4 minutes. Cost of operator is C₁=40 TL/Hour, cost of a machine is C₂-200 TL/Hour. What is the cost per unit of production if optimum number of machines is assigned to the operator? (Note: Times are given in minutes and costs are per hour) a) 231 TL/unit b) 6930 TL/unit c) 115.5 TL/unit d) 240 TL/unit e) 132 TL/unit 2) An operator is used for loading and unloading of parts to automated machines. Loading time is 1 minute; unloading time is 2 minutes, machining time is 30 minutes; Operator travel time between the machines including the inspection time is 4 minutes. Cost of operator is C1=40 TL/Hour; cost of a machine is C₂=200 TL/Hour. How many machines (integer number) should be assigned to the operator so that the total operator and machine costs…A company makes two products (A and B). Each product requires time on two machines 1 and 2. the specifications for each product are as follows Product A Product B Processing time on machine 1 (hrs/unit) Processing time on machine 2 (hrs/unit) Material and labor cost (Sh./ unit) Selling price (Sh./ unit) Maximum possible sale (units) 2 1 2 14 15 16 18 130 150 The amount of time available on machine 1 is 360 hrs and on machine 2 is 260 hrs. Using simplex method determine the number of product A and B, which should be sold in order to maximize total contribution for the company.
- a) Suppose you walk into a large supermarket at 2 am with a friend. Your friend says, "I can't believe that these stores stay open all night. Only one out of fifteen checkout lines is open. There can't be more than ten shoppers in this store. It just doesn't make any sense for this store to be open all night." What conditions must be true for it to be to the advantage of the supermarket to stay open all night? b) Your friend has a large garden and grows fresh fruit and vegetables to be sold at a local "farmer's market." Last year your friend was the only worker in the garden, without any additional workers. However, this year your friend hired a worker and production more than doubled. He comments "Next summer, I think I'll hire another two workers (so total workers including myself would go up from 2 to 4) and my output should again more than double". Is it likely that he could hire more workers and always continue to reap greater than proportional increases in production? Why?In 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 answerI submitted this question a couple days ago. However, I am still a little confused. Here was the original question: Collins Little Company has a staff of 4 employees, each working 8 hours per day at a rate of $20/hour. Their overhead expenses are $200/day. Collins processes and closes on 12 titles each day. They are considering purchasing a computerized title search system that will allow the processing of 20 titles per day. With the new system, they could cut their staff to 2 employees working the same hours at the same pay, but their overhead expenses would double to $400 per day. 1. Compute the labor productivity with the old system (in titles / hour). 2. Compute the labor productivity with the new system (in titles / hour). 3. Compute the multifactor productivity with the old system (in titles / dollar). 4. Compute the multifactor productivity with the new system (in titles / dollar). One of the answers is: Labor Productivity = 12/(4*8) Another is: Labor Productivity =…
- Sturgill Manufacturing Inc. needs to predict the numbers of machines and employees required to produce its planned production for the coming year. The plant runs three shifts continuously during the workweek, for a total of 120 hours of capacity per week. The shop efficiency (the percent of total time available for production), which accounts for setups, changeovers, and maintenance, averages 70% with a standard deviation of 5%, which reduces the weekly capacity. Six key parts are produced, and the plant has three different types of machines to produce each part. The machines are not interchangeable as they each have a specific function. The time to produce each part on each machine varies. The mean time and standard deviation (in hours) to produce each part on each machine are shown below: Mean Time Part Type Machine A Machine B Machine C 1 3.5 2.6 8.9 2 3.4 2.5 8 3 1.8 3.5 12.6 4 2.4 5.8 12.5 5 4.2 4.3 28 6…4. The Spencer Optics Company produces an inexpensive line of sunglasses. The manufacturing process consists of assembling two plastic lenses (produced by the firm's plastic molding depart- ment) into a finished frame (purchased from an outside supplier). The company is interested in using material requirements planning to schedule its operations and has asked you to prepare an example to illustrate the technique. The firm's sales manager has prepared a 10-week sales forecast for one of the more popular sunglasses (the Classic model) for your example. The forecast is 100 units per week. Spencer has customer orders of 110 units, 80 units, 50 units, and 20 units in weeks 1, 2, 3, and 4, respectively. The sunglasses are assembled in batches of 300 units. Presently, three such batches are sched- uled: one in week 2, one in week 5, and one in week 8. Complete the following time-phased record: Week hand 1 2 3 4 5 6 7 8 9 10 Classic Model On MPS Record Forecast Orders Projected available…Create a Crow’s Foot notation ERD to support the following business operations: Create a Crowsfoot notation ERD to support the following business operations: - A friend of yours has opened Marshfield Electronics and Repairs (MER) to repair smartphones, laptops, tablets, and MP3 players. She wants you to create a database to help her run her business. When a customer brings a device to MER for repair, data must be recorded about the customer, the device, and the repair (also referred to as repair request). Completing each repair request can involve multiple services (e.g. glass replacement, battery replacement, cleaning. Some services require parts. The customer’s name, address, and a contact phone number must be recorded. For the device to be repaired, the type of device, model, and serial number are recorded (or verified if the device is already in the system). Each repair request is given a reference number, which is recorded in the system along with the date of the request, and a…