Concept explainers
(a)
Interpretation: The company wants to know the less expensive generating products.
Concept Introduction: Flow chart represents the figure of various steps of the process in sequel order. It is useful to describe various processes in manufacturing, administrative or in any service process and project plan too.
(b)
Interpretation: Company wants to know that which process will make customer to wait longer for purchasing the finished product.
Concept Introduction: Flow chart represents the figure of various steps of the process in sequel order. It is useful to describe various processes in manufacturing, administrative or in any service process and project plan too.
(c)
Interpretation: Company wants to know that which company appears to be practicing delayed differentiation.
Concept Introduction: Flow chart represents the figure of various steps of the process in sequel order. It is useful to describe various processes in manufacturing, administrative, or in any service process and project plan too. In its delayed differential policy is there where the company does not wait for the order instead it manufactures the product to reduce customer’s waiting time and make them available the finished product before receiving the order.
(d)
Interpretation: Identifying the company that has adopted a make-to-stock process for production.
Concept Introduction: Flow chart represents the figure of various steps of the process in sequel order. It is useful to describe various processes in manufacturing, administrative, or in any service process and project plan too. In it make to the stock method is one of the methods which processes the goods and stock it as per
Want to see the full answer?
Check out a sample textbook solutionChapter 6 Solutions
Practical Operations Management
- A company is about to begin production of a new product. The manager of a department that is asked to produce one of the components wants to know if there is enough machine time available. The machine will produce the item at a rate of 220 units a day. Eighty-five units will be used daily in assembling the final product. The company operates five days a week, 50 weeks a year. The manager estimates that it will take almost a full day to get the machine ready for a production run, at a cost of $250. Inventory holding cost will be $8 per unit per year. a. What production run quantity should be used to minimize total annual setup and holding cost? (Do not round intermediate calculations. Round the final answer to the nearest whole number.) Production run quantity = units b. What is the length of a production run (in days)? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Run length = days c. During production, at what rate will inventory build…arrow_forwardSpartan Castings must implement a manufacturing process that reduces the amount of particulates emitted into the atmosphere. Two processes have been identified that provide the same level of particulate reduction. The first process is expected to incur $350,000 of fixed cost and add $50 of variable cost to each casting Spartan produces. The second process has fixed costs of $150,000 and adds $90 of variable cost per casting.a. What is the break-even quantity beyond which the first process is more attractive?b. What is the difference in total cost if the quantity produced is 10,000?arrow_forwardThe one in bold, I already sold. Spartan Castings must implement a manufacturing process that reduces the amount of particulates emitted into the atmosphere. Two processes have been identified that provide the same level of particulate reduction. The first process is expected to incur $340,000 of fixed cost and add $40 of variable cost to each casting Spartan produces. The second process has fixed costs of $100,000 and adds $70 of variable cost per casting. a. What is the break-even quantity beyond which the first process is more attractive? The break-even quantity is 8000 castings. b. What is the difference in total cost if the quantity produced is 5,000? The total cost of process 1 is greater. Find the difference in total cost?arrow_forward
- Based on customer benefit packages and value chain for the restaurant business determine the order qualifier and order winners for the restaurant business?arrow_forwardYou have developed the following simple product structure of items needed for your gift bag for a rush party for prospective pledges in your organization. You forecast 250 attendees. Assume that there is no inventory on hand of any of the items. Explode the bill of material. (Subscripts indicate the number of units required.) Determine the number of units of each item required. Item K: units (enter your response as a whole number). Item L: units (enter your response as a whole number). Item M: units (enter your response as a whole number)arrow_forwardIt costs $50,000 to start a production process. Variable cost is $25 per unit and revenue is $45 per unit. What is the break-even point?arrow_forward
- Production systems may be divided into four categories, each of which is briefly described with an example for each category in turn.arrow_forwardSustainable manufacturing and energy management. This topic would focus on sustainable manufacturing practices and energy management within the supply chain. It could cover energy efficient production processess, the adooption of renewable energy sources, and sustainable use of resources in manaufacturing operations. Explain this into details and try and prepare a content for a power point presentation.arrow_forwardWe learned how to create Pivot Tables, Calculations, and Slicers. Using the data below: Part A - Create a Pivot table that shows in aggregate form the Product, Average Number of Units sold (0 decimals), Total Sales (2 decimals), and % of Total Sales (1 decimal). Insert a Timeline by Months. Part B - Create a Pivot table that shows in aggregate form the Products in the rows, the Locations in the Columns, and the Number of Transactions (not Units) for each. (0 decimals) Group the Products eye liner and mascara and rename it "eye products" and Group the Products lip gloss and lipstick and rename it "lip products". Tum off all Subtotals (see Design menu). Part C - Create a Pivot table that shows in aggregate form the Salesperson in the rows, the Location in the Columns, and the Average Total Sales (2 decimals) for each. Then create a Pivot Chart in the form of a Line Chart with Markers making the x axis Products and they axis Average Total Sales with a Line for each Location. The y axis…arrow_forward
- In determining whether a job order cost or a cost method should be used in any given manufacturing situation, there are various factors to consider.arrow_forwardZhu Manufacturing is considering the Introduction of a family of new products. Long-term demand for the product group is somewhat predictable, so the manufacturer must be concemed with the risk of choosing a process that is inappropriate. Faye Zhu is VP of operations. She can choose among batch manufacturing or custom manufacturing, or she can invest in group technology, Zhu won't be able to forecast demand accurately until after she makes the process choice. Demand will be classified into four compartments: poor, fair, good, and excellebt The table below indicates the payoffs (profits) associated with each processidemand combination, as well as the probabilities of each long-term demand level: Demand Poor Fair Good Excellent Probability Batch Custom 0.15 0.40 -$300,000 $100,000 $1,200,000 $800,000 $400,000 $00,000 0.30 $1,200,000 $750,000 $500,000 0.15 $1,300,000 $800,000 $2,200,000 Group technology a) The alternative that provides Zhu the greatest expected monetary value (EMV) is…arrow_forwardIt includes an introduction and explains how it works, as well as threads in process managementarrow_forward
- Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,