Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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In an essay, suppose you are opening up an an Applesbee's restaurant. describe the capacity analysis of the process, including the strategies used to adress expected customer demand
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- Given the following four capacity alternatives, find the best production method for every production volume. Method Fixed Cost ($) Variable Cost ($/unit) A 200 5 100 10 C 150 4 D 250 2.arrow_forwardDescribe the importance of and your approach to managing capacity and demand. In your response, try to answer the following not as separate questions but as one cohesive response to describe your understanding of and approach to capacity planning and demand. • Describe what the strategies are for matching capacity to demand.• Why is it important to come up with this strategy?• Which strategy will you use?• How will you go about understanding what your capacity is?• How will you go about understanding what your demand is?arrow_forwardWhat are some capacity measures and constraints for each of the following? University Hospital Computer repair shop Farm The company you work for on one that you know well. Give a brief description of what the firm does then evaluate the capacity measures and constraints that exist for capacityarrow_forward
- Please do not give solution in image format thanku Bob's candle factory is considering three different manufacturing options. Option A uses hand labor with fixed costs of $10,000 and variable costs of $2.75/candle. Option B uses a combination of hand and automation with fixed costs of $15,000 and variable costs of $1.10/candle. Option C is highly automated with fixed costs of $20,000 and variable costs of $0.75/candle. a. If demand for Bob's candles is 2500, which option should he pick, and what is the cost? b. If demand for Bob's candles is 4500 which option should he pick, and what is the cost?arrow_forwardBriefly explain how a restaurant might use each of the “five ways” listed below to adjust its short-term capacity levels. 1) Vary the price of goods or services 2) Provide customers with information 3) Advertising and promotion 4) Add peripheral goods and/or services 5) Provide reservationsarrow_forwardIn an essay, suppose you are opening up an an Applebee's restaurant. describe short and long term capacity management of the process, including strategies and concpets used to adress expected customer demand.arrow_forward
- Hoosier Manufacturing operates a production shop that is designed to have the lowest unit production cost at an output rate of 175 units per hour. In the month of July, the company operated the production line for a total of 325 hours and produced 39,400 units of output. What was its capacity utilization rate for the month?arrow_forwardWhat are some capacity balance problems faced by the following organizations or facilities? a An airline terminal b. A university computing lab c. A cloning manufacturerarrow_forwardHow is capacity utilization computed, and what does it tell us?arrow_forward
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