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Subject Name: Simulation & Modelling Q. Describe the following : • Simulation of a Multi-server queueing system • Simulation of an inventory system

Problem 1 Coveral vield tests for roasting rounds of beef have been carefully undertaken. A summary of results (average per round) follows: As purchased (AP) Weight = Servable Weight = Cost (AP) 22 lb 7 oz 17 lb 10 oz $6.95 per Ib %3D a. What is the cost per servable pound? b. Use the above information to determine the number of pounds of rounds to purchase for a weekend buffet being planned for 275 guests (six [EP-on the plate] ounces will be served to each guest). c. Use the above information to calculate a cost factor and then use the cost factor to determine the revised cost per servable pound when the AP price of the round rises to $7.45 per pound. d. Using the revised cost per servable pound, calculate the per portion cost for the six- ounce portion that will be provided on the buffet.

Customer Interarrival Service Time of Time Number Time Arrival 22 74 22 89 105 3 21 34 4 26 38 80 23 6. 81 26 7 78 90 8. 20 26 9. 32 37 10 13 88 11 28 38 12 18 73 13 29 93 14 19 25 15 20 93 16 23 5 17 78 37 18 20 5T 19 109 28 20 78 85 You're given a table of ice-cream shop customers. 20 customers have arrived starting from 22. second of the opening. Interarrival times and service times are given in seconds. a) Calculate the arrival times of all customers. b) Calculate the service start time of each customer. c) Calculate the queue lengths. d) Calculate the idle times of the shop. e) Calculate the utilization ratio. f) Calculate the mean waiting time (including the first and the last customers)

Question Many companies are capitalizing on people being at the airports longer and not being able to carry many personal health and beauty aids. A vending machine selling cosmetics and perfume at an airport is a A) pop-up shop. B) parasite store. C) kiosk. OD) store-within-a-store. E) timed leased agreement store.

Operations Management CH 3 QUESTION 22 Tucson Machinery, Incorporated, manufactures numerically controlled machines, which sell for an average price of $0.5 million each. Sales for these NCMs for the past two years were as follows: Use Exhibit 3.10. QUARTER LAST YEAR QUANTITY (UNITS) QUARTER THIS YEAR QUANTITY (UNITS) I 12 I 16 II 18 II 24 III 26 III 28 IV 16 IV 18   a) Find a line using regression in Excel. Note: Round your answers to 3 decimal places. y =  ________         + ________ t b)Find the trend and seasonal indexes. Note: Round your answers to 3 decimal places.   Period Trend Forecast Seasonal Factors Last Year I     Last Year II     Last Year III     Last Year IV     This Year I     This Year II     This Year III     This Year IV     This  is  left  blank This  is  left blank This  is  left  blank c) Forecast sales for next year. Note: Round your answers to 2 decimal places.   Period Forecast (Units) Next Year I   Next…

QUESTION 4 Calculate four periods moving average forecast from the following last six periods Period Demand 1 38 40 42 4 40 44 38 O a. 40 Ob.41 Ос. 42 Od. 43

Required information Lyndia Company is a merchandiser that sells a total of 15 products to its customers. The company provided the following information from last year: Selling Price Variable Cost Product 1 Unit Sales per Unit per Unit 9,000 $ 29 $12.95 2 16,500 $ 99 $68.55 3 6,000 $ 85 $42.50 4 19,500 $109 $85.00 5 4,500 $ 19 $ 6.35 6 27,000 $119 7 3,000 $ 39 $92.00 $14.30 8 7,500 $ 79 $33.18 9 9,000 $ 69 $30.36 10 15,000 $.95 $77.60 11 10,500 $ 59 $25.40 12 1,500 $ 65 $29.00 222 13 3,000 $ 44 $12.40 141 6,000 $ 49 $13.48 15 12,000 150,000 $ 89 $61.83 Last year, Lyndia's total fixed expenses and net operating income were $3,000,000 and $1,223,070, respectively. The company would like your assistance in developing some financial projections for this year.

Part B Three-period Four-period Units Units Demanded Period weighted moving weighted moving Demanded Three-period weighted moving average forecast average forecast average forecast Four-period weighted moving average forecast 24 2 25 60 28 50 49 S50 4 32 26.33 46 4.90 39,80 40 41 5 35 29.50 28.6 38 35 38 32.83 31.7 30 32 28 25 26,93 250 es 7 41 36.00 34.9 24 20 8 46 39.00 38 49 43.00 41.8 10 10 53 46.67 45.4 50.50 49.2 1 2 3 4 5 6 7 8 9 10 11 1. Make a comparative analysis out of your answers in the plotted data. (3-5 sentences)

Question 15 $1 h $0.50 $0.75 Estimate the cost of a stock-out if the margin is $1 and half the time the customer simply doesn' buy anything. $0.25 B Question 16 nwacc.instructure.com TH 2 mond of 6. Unfortunatel:

Q 7. Explain characteristics of management information systems (MIS)?

Using the table, what is the paid occupancy percentage for the month? Month November Rooms in 300 Hotel Paid Rooms 5,497 Occupied 5,697 Rooms Paid Guests 5,948 Total Hotel $2,157,893 Revenue 63.30% 61.08% 59.11% 61.26%

Question 1 You are given the following information about a wooden crate that is being shipped to by truck to the city of New York. Rate = $6.00/pounds w/m, Weight = 200 pounds; Dimensions: Length = 30 inches, Width = 40 inches, Height = 36 inches How much will the shipper be charged? $1200.00 $150.00 $200.00 $1500.00

Question 3   The Mental Health Parity Act requires the same level of health benefits coverage for mental illness as for a physical condition.   True   False       Question 4   A hospital in a rural community is having difficulty attracting radiation therapists. In an effort to attract young, newly trained therapists, the department has decided to pay these newly graduated therapists at a pay rate equivalent to that of radiation therapists who have been with the hospital for up to ten years. What compensation issue is relevant to this scenario?   O Internal equity   O External competitiveness   OExtrinsic rewards   O Intrinsic rewards

QUESTION 3 (Using the same problem) A vendor for the local ballpark food stand is questioning whether to stock his concession with a large or small inventory. He believes that it will depend upon the size of the crowd. He has developed a payoff matrix for the various alternatives (stocking decision) and states of nature (size of crowd). What is the Expected Value of Perfect Information (EVPI)? PROFIT ($) Average Crowd $50,000 $70,000 .50 Alternatives Large Inventory Small Inventory Probability * A) $68,400 B) $78,400 C) $10,000 D) -$20,000 O E) $51,500 Large Crowd $220,000 $90,000 .20 Small Crowd -$2,000 -$5,000 30

Question content area Part 1 Maria manages a​ bakery, that specializes in ciabatta​ bread, and has the following information on demand and​ costs:   Ciabatta Bread Sold Per Hour​ (Q) Price​ (P) Total Cost​ (TC) 0 ​$6.00 ​$1.50 1 5.50 5.50 2 5.00 8.50 3 4.50 11.00 4 4.00 13.00 5 3.50 14.50 6 3.00 15.50 7 2.50 17.00 8 2.00 19.50 Part 2 a. To maximize​ profits, Maria should sell enter your response here loaves of ciabatta bread per hour

Q21 The owner of a large machine shop has just finished its financial analysis from the prior fiscal year. Following is an excerpt from the final report:       Net revenue $ 348,000 Cost of goods sold   305,000 Value of production materials on-hand   42,500 Value of work-in-process inventory   67,000 Value of finished goods on-hand   27,500   a. Compute the inventory turnover ratio (ITR). (Round your answer to 1 decimal place.) b. Compute the weeks of supply (WS). (Do not round intermediate calculations. Round your answer to 1 decimal place.)

QUESTION 7 Which data category of SAP enterprise system which is the most engaged with? O a. Vendor data O b. Transactional data OC. Organisational data O d. Material data QUESTION 8 According to SAP-based organisational data, a plant can be any of the following except: O a. Regional distribution center O b. Client O C. Office Od. Warehouse QUESTION 9

Requirement Show your working calculation

Question 1 You first conduct analysis for ordering product 101 and shipping by truckload transportation.Your preferred truckload carrier will ship a truckload Supplier A’s facility to your AtlantaDC for $800 total given that they are separated by about 250 miles. Each truckload hasa capacity for 700 units of product 101. When using truckload transportation, the transittime is 2 days. However, since your supplier has limited capacity to process orders, theyonly guarantee to ship your order within 10 days of receiving the order.1. Recall that pipeline inventory cost does not depend on the quantity shipped but onlythe transportation mode. In this problem, the lead time TL between when you pay foran order and when you receive it is 10 days of order processing plus 2 days of transit time: TL = 12 days. Thus, pipeline inventory cost per item should be computed asr ∗ v ∗ TL in compatible time units. What is the pipeline inventory cost per week youwill incur using truckload trucking?

If sale is 78 during March, 85 in April, 90 in May, 84 in June, and 97 in July, what, is the three-month simple moving average for August? a. 88.667 Ob. 90.333 O c. 97 O d. 86.8

QUESTION 1   Trinity product Limited makes and sells three which the following information is available Standard cost and selling price per unit Day Scan types of electronic       Night scan security systems for       Omni scan GH¢ GH¢ GH¢ Material                               70 110 155 Manufacturing labour            40 55 70 Installation labour                 24 32 44 Variable overheads                16 20 28 Selling price                        250 320 460 Fixed cost for the period are GH¢450,000 and installation labour, which is highly skilled is available for 25,000 hours only in a period and is paid GH¢8 per hour. Both manufacturing and installation labour are variable cost. The maximum demand for the period is: Day scan    2,000 units;    Night scan    3,000 units;     Omni scan     1,800  units. Required Calculate the shortfall (if any) in hours of installation Determine the best production plan assuming the…

7.  Question content area left Part 1 Leah​ Johnson, director of Urgent Care of​ Brookline, wants to increase capacity to provide​ low-cost flu shots but must decide whether to do so by hiring another​ full-time nurse or by using​ part-time nurses. The table below shows the expected costs of the two options for three possible demand​ levels:                                                                                   States of Nature​ (demand) Alternatives Low Medium High Hire full−time $300 $480 $680 Hire part−time $0 $340 $1,200 Probabilities 0.20 0.55 0.25 Part 2 ​a) The alternative with the least expected cost is ▼   a. Hire full-time b. Hire part-time The expected cost of this alternative is ​$ ______ ​(enter your answer as a whole​ number). .

Question 2 Company X signs a contract agreeing to buy 25 hours of maintenance services from Al-Majal Company for SR 30 an hour. What if Al-Majal Company breaks the contract and Company X is forced to hire another maintenance company for SR 40 an hour. Use the editor to format your answer

1. Describe the various functions of purchase orders. Describes the steps to register a purchase order in the Sage 50 (Peachtree) program.

Question 2 "In air cargo revenue management, for every flight we operate, we first must forecast the capacity so we can understand how much space we can sell. Unlike on the passenger side where the number of seats is rather standard, the cargo capacity will vary based on the route, the aircraft, the number of passengers, the number of bags passengers are carrying and other metrics." Karri Kauppi, Head of Cargo Revenue Management & Pricing, Finnair Source: The Complexities of Air Cargo Revenue Management https://www.kambr.com/articles/the-complexities-of-air-cargo-revenue-management (a) According to Karri Kauppi, cargo revenue management (CRM) is complex. The first thing in CRM is to forecast the air cargo capacity which would depend on factors e.g. the route, the aircraft, the number of passengers, the number of bags and other metrics. Appraise how Karri practises CRM in forecasting air cargo capacity and pricing available cargo space for sale in order to maximize profitability.…

Qno1.                          Transcript of Respondent One’s Interview  I: Describe your overall experience of being a member of Club at University? R.1:  My overall experience is not that too long, because it has just launched before 2, 3 months. My experience so far is amazing as I can notice some good changes in my body and I have become more attentive now.  I: What are the general advantages of being a member of Club? R.1: The general advantages of Club are that are that I used to lead a sedentary lifestyle but now I consider myself both physically and psychologically fit. My diet has been improved because the Instructor has helped me a lot in designing a diet chart. I have made new friends and this is improving my interpersonal skills as well. I would say I am gaining my self-confidence that makes me feel good about myself. On a lighter note, my teachers are also noticing such changes in my personality and they appreciate this transformation.      I: What are the disadvantages of…

QUESTION 15 The Sweet Success Bakery sells 800 cakes at a price of $20 per cake. Its total economic costs for producing 800 cakes are $4,800. The Sweet Success Bakery's economic profits are O $4,800. $11,200. $16,000. indeterminate from this information.

2. Newspaper Stand • A newspaper stand operator has the following sales data for one- year sales of Fine magazine. Quantity Sold per day No. of days quantity sold 10 36 11 54 12 72 13 90 14 108 • The operator wants to know how many copies to stock per day to get the maximum profit. Issues of the magazine sell for $0.50, and costs $0.30. Unsold copies cannot be returned to the distributor.

Question 4 plz

Question 18 The study of operations management is A.Design, operation and improvement of productive systems B.A sequence of activities across organizations that are involved in producing and delivering a product or service C.A series of activities from suppliers to customers that add value to a product or service D.The identifcation of and elimination of activities from suppliers to customers that do not add value Question 21 TRUE OR FALSE Businesses that use Just in Time (JlT) purchasing consider purchase price to be the only cost Question 25 Supply chain management is the study of A.Material flows, information flow and financial flows across organisations B.Material flows, information flow and fnancial flows within organisations C.Suppliers involved in getting goods or services to market D.The measure of costs across organisations to determine the customer selling price

Executive Summary for 39 Storage https://www.39storage.com/ (This Company) Cite Sources

Model A B C Labor Hours Used Hours Available Tubing Pumps A B C Blue Ridge Hot Tubs Total Profit Pumps Tubing Number to Assembl Require Require Make y hours d Resources Used Demand Min 15 12 10 322 Max 130 Available 650 88 30 40 45 d 112 A B C 11 10 12 Profit/Unit $ 96.00 $ 75.00 $ 116.00 Blue Ridge Hot Tubs is a local company that just received a donation of tubes and pumps used for hot tubs. The company wants to know how many of each model they should make in order to maximize their profits. They need to stay within the amount of available hours, can't make more than what they have the resources for, and want to stay within the minimum and maximum demand.