Mylab Operations Management With Pearson Etext -- Access Card -- For Operations Management: Sustainability And Supply Chain Management (13th Edition)
13th Edition
ISBN: 9780135225899
Author: Jay Heizer, Barry Render, Chuck Munson
Publisher: PEARSON
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Textbook Question
Chapter 16, Problem 3P
Question
••• 16.10 Rick Wing has a repetitive manufacturing plant producing automobile steering wheels. Use the following data to prepare for a reduced lot size. The firm uses a work year of 305 days.
| Annual demand for steering wheels | 30,500 |
| Daily demand | 100 |
| Daily production (8 hours) | 800 |
| Desired lot size (2 hours of production) | 200 |
| Holding cost per unit per year | $10 |
- a. What is the setup cost, based on the desired lot size?
- b. What is the setup time, based on $40 per hour setup labor?
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Students have asked these similar questions
Question 25
The bullwhip effect can cause the variability in ________ to be substantially greater than variability in ________.
Group of answer choices
demand within the supply chain, supplier demand
supplier demand, demand within the supply chain
consumer demand, demand within the supply chain
demand within the supply chain, consumer demand
supplier demand, demand within the supply chain
Question NO. 4
Convinced by the efficiency of hybrid model, Sony, started to produce LED filaments of its Soy TV's
itself while outsourcing all its other components. Initially, Sony can only produce these LED filaments at a
very steady rate of eight hundred per day. Three hundred TVs are assembled daily in eight hours shift, 250
days a year. Due to difference in TVs demands and its production, LED filaments are only produced in
batches of 2,000 units. Your are required to estimate;
Annual production of LED filament batches in numbers
b. Starting with zero inventory, if usage and production remains the same what would be the inventory
levels after 76 hrs.
Calculate average inventory levels when each production cycle starts with zero inventory.
d. The same equipment that is used to make the LED filaments could also be used to make another
filament used in the firm's other products. That job would require four days, including setup time.
Setup time for making a batch of the LED filament…
QUESTION #4
James Marshall, owner and operator of the Hearing Bells Megastore, is reviewing the costs
associated with the store's best-selling hearing aid, the HB100. The data available to Mr.
Marshall concerning this device follow.
30 units/week
Demand
Order cost = $5/order
Holding cost = $2.50/unit/year
%3D
The Hearing Bells Megastore operates 52 weeks a year.
a. What is the EOQ?
b. Given the data from above, and assuming a 300-day work year; how many orders should be
processed per year? What is the expected time between orders?
c. What is the total cost for the inventory?
Chapter 16 Solutions
Mylab Operations Management With Pearson Etext -- Access Card -- For Operations Management: Sustainability And Supply Chain Management (13th Edition)
Ch. 16 - Question 1. What is JIT?Ch. 16 - Prob. 1DQCh. 16 - Question 3. What is TPS?Ch. 16 - Question 4. What is level scheduling?Ch. 16 - Question 5. JIT attempts to remove delays, which...Ch. 16 - Prob. 6DQCh. 16 - Prob. 8DQCh. 16 - Question 9. Discuss how the Japanese word for card...Ch. 16 - Question 10. Standardized, reusable containers...Ch. 16 - Prob. 11DQ
Ch. 16 - Prob. 12DQCh. 16 - Prob. 7DQCh. 16 - Question 16.1 Leblanc Electronics, Inc., in...Ch. 16 - Question 16.2 Tej Dhakars company wants to...Ch. 16 - Question 16.3 Pauline Found Manufacturing, Inc.,...Ch. 16 - Prob. 7PCh. 16 - Question 16.5 Discount-Mart, a major East Coast...Ch. 16 - Question 16.6 Discount-Mart (see Problem 16.5),...Ch. 16 - Prob. 10PCh. 16 - Question 16.8 Carol Cagle has a repetitive...Ch. 16 - Question 16.9 Given the following information...Ch. 16 - Question 16.10 Rick Wing has a repetitive...Ch. 16 - Prob. 11PCh. 16 - Prob. 12PCh. 16 - Question JIT at Arnold Palmer Hospital Video Case...Ch. 16 - Question JIT at Arnold Palmer Hospital Video Case...Ch. 16 - Question JIT at Arnold Palmer Hospital Video Case...Ch. 16 - Question JIT at Arnold Palmer Hospital Video Case...
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- Question 23 Company A carries 5,000 items. Customers ordered 1,000 items from inventory last week. Company A was able to fulfill 600 items of the order. What is the stock out probability for last week? Group of answer choices 0.08 0.4 0.6 0.92arrow_forwardQ: Write a letter to a Production Manager for the demand of 50 Haier Company name air conditionersarrow_forwardQuestion 2 Question 2Explain the strategies that companies could adopt to continue practising leaninventory management for its global supplies in the post Covid-19 era. answer guidelines Strategies that companies could use practise lean inventory management such as - smaller quantities delivered, more frequent deliveries, nearer suppliers, dual sourcing, any relevant answer. please provide detailed answer.minimum 700 wordsarrow_forward
- QUESTION 22 When Nike's customers trigger events in its supply chain by ordering a customized product, then the supply chain management is considered: O pull-based model push-based model Best-guesses model Build-to-stockarrow_forward_____ refers to the inability of services to be stored, warehoused, or inventoried. Question 20 options: a) Perishability b) Reliability c) Heterogeneity d) Variabilityarrow_forwardQUESTION 9 A popuar and effective tool for demand management and planning is calledarrow_forward
- QUESTION 27 Determine the value of X in the below table. Item: A Safety Stock = 20 Description: Eiger Waterbottle Lot-Size: FOQ = 140 Lead Time = 1 week Period 37 38 39 40 41 42 43 44 Gross Requirements 125 125 125 140 140 150 150 150 Scheduled Receipts 140 140 0 0 On Hand 100 X Net Requirements Planned Order Receipts Planned Order Releasesarrow_forwardQUESTION 2 A) On the average, a firm has 10 weeks of work-in-process, and annual cost of goods sold is $15 million. Assuming that the company works 50 weeks a year: a) What is the dollar value of the work-in-process? b) If the work-in-process could be reduced to 7 weeks and the annual cost of carrying inventorv was 20% of the inventory value, what would be the annual saving? B). Warsop Factory sales are $10 million. The company spends $3.5 million for purchase of direct materials and $2.5 million for direct labor; overhead is $3.5 million and profit is $500,000. Direct labor and direct material vary directly with the cost of goods sold, but overhead does not. The company wants to triple its profit. By how much should the firm increase sales? By how much should the firm decrease material costs? By how much should the firm decrease labor cost? а. b. с.arrow_forwardQno 3. Explain steps required in mail merger and benefits of mail merger and usage in the industry? Define uses of Macro function?arrow_forward
- Question: What level of safety stock should be maintained? Please show the solution. Thank youarrow_forwardQuestion: 1. For a 90% service level, what is the ROP? z=1.28 2. For a 95% service level, what is the safety stock? z=1.65 Please show the solution. Thank you.arrow_forwardquestion #2 Same problem statement: Weekly demand for DVD-Rs at a retailer is normally distributed with a mean of 1,000 boxes and a standard deviation of 150. Currently, the store places orders to the supplier, with a reorder point of 4,200 boxes. The order quantity to the supplier is fixed at 5,000 boxes. Replenishment lead time is 4 weeks, fixed order cost per order is $100, each box costs the retailer $10, and the inventory holding cost is 25% per year. If the retailer wants to achieve a 99% service level (use the z-value with one decimal, as in Table 13.4 on page 400 of the textbook), what should be the safety stock value? Numeric Response 772.8 SHARE f5 f6 4- f7 ♫+ fg fil W f12. insert prt sc delete home @ 0 end 1:23 PM 11/15/2022 pg Larrow_forward
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