13. The friendly sausage company orders the sausages that they use at the end of each week. They consume on average 5 kg sausage per day with a standard deviation of 2.5 kgs. It takes 1,5 days to get their orders from the butcher outside the city. This week they start with a sausage stock of 10 kgs in their fridge. If they want to keep their service level at 99% how much order they should place at the end of each week?
Q: 1)What are the distinctive features of a focused differentiation strategy? How is it different from…
A: Companies must build effective strategies to acquire a competitive advantage and achieve long-term…
Q: Performance management can focus on the performance of a whole organization, a department, an…
A: Performance management is a very crucial process that is aimed at enhancing the performance of the…
Q: Draw a model /representation of the strengths and weaknesses, and the current, opportunities and…
A: This case study focuses on Nakassajja Tiles and Ceramics Ltd. (NCTL), a relatively young firm…
Q: know and understand traditional,behavioral, viewpoints and contingency viewpoints of management
A: Management is the process of planning, organizing, leading, and controlling resources to achieve…
Q: Please complete all work in excel. Use excel to make the calculations (cells can be clicked on to…
A: Fixed cost = $8,000Variable cost = $0.10Selling Price = $0.50 per pound
Q: The following diagram shows the flow process, raw material costs, and machine processing time for…
A: Given data: Selling Price for A = $40 Selling Price for B = $50 Selling Price for C = $60 Total…
Q: Assume that JAO, Inc., a manufacturer of electronic test equipment, uses 14,400 units of an item…
A: Economic ordering quantity(EOQ) is an inventory managing method using for identifying the optimal…
Q: Given the following activity network: (3 activities - A1, A2 & A3; arrows point from A1 to A2 and A1…
A: A network diagram shows the link of each task with the duration taken by each activity with respect…
Q: Please complete all work in excel. Use excel to make the calculations (cells can be clicked on to…
A: EVPI is a concept that is used by the business manager while taking important decisions and is…
Q: 2. For the following project draw a node network and a bar chart. Then perform resource leveling…
A: Find the given details below: Activity Duration(Days) Immediate Predecessors Laborers A 6 - 2…
Q: The annual demand for the company is 40000 computers. Ordering, carrying and shortage costs are 100,…
A: Annual demand (D) = 40000 Ordering cost (S) = 100 Carrying cost (H) = 40 Shortage cost (B) = 80
Q: The term "plenty of processes" doesn't really explain what it means, does it? Is it feasible to say…
A: In manufacturing, a process might involve assembling components or materials to create a finished…
Q: 3. Software upgrade times(in seconds) are being evaluated. Samples of five observations have been…
A: X-double bar = Average of all mean valueR-bar = Average of all range value Control limit of the X…
Q: A firm offers three different prices on its products, depending upon the quantity purchased. Since…
A: The production plan is usually developed based on market demand forecasts, production capacity,…
Q: What's the point of identity and permission management today?
A: Identity and permission management is the technique through which the organizations digital…
Q: Define the term linear programming Write down four inequalities to represent the information…
A: As per Bartleby guidelines, we can only solve the first three subparts of one question at a…
Q: A newly opened BackPack Company in Kitwe, produces a line of backpacks. The manager, Jill Bwalya,…
A: Aggregate production rate = (Total Aggregate production - Beginning Inventory ) Number of periods .…
Q: lernes Manufacturing produces metal products primarily used in the construction industry. The three…
A: Step 1: Total factor productivity (TFP) refers to a measure of the overall efficiency and…
Q: Install window blinds to keep the computers around you coo
A: 1.1) Movable Chairs: Using movable chairs can improve the ergonomics of the workspace, allowing…
Q: Calculate early start, early finish, late start, late finish, activity float and activity duration…
A: Activity Immediate Predecessors Duration A - 0 B A 15 C B 15 D C 15 E D 30 F E 30 G F…
Q: Discuss the ethical considerations and social responsibilities that managers face in making business…
A: Managers play an important role in organisations, and their decisions and actions have a significant…
Q: If the firm's profit margin for SUV tires changed from $22/tire to $20/tire what would be the new…
A: The allowable Increase / Decrease for SUV variable is 2, 4 respectively i.e. the range for SUV…
Q: Prudential reasons are those moral reasons that are separate from self-interest. Select one: a.…
A: Prudential reasons are moral reasons that are based on self-interest or considerations of personal…
Q: Determine the ending inventory balance using the FIFO (First-In, First-Out) method. Beginning…
A: Here, I would use the FIFO method, using this method, I would determine the ending inventory…
Q: Please do not give solution in image format thanku Ageneral hospital is renovating the existing…
A: The U.S. Green Building Council (USGBC) created a specialised rating system for healthcare…
Q: There are several factors influencing warehouse operations. Advise Takealot on the importance of…
A: The management of a business's whole supply chain depends heavily on warehouse operations. When…
Q: write application request for temporary or contract basis employment to permanent employment .…
A: A temporary or contract basis job is one in which an individual is engaged for a certain length of…
Q: Light-emitting diode (LED) light bulbs have become required in recent years, but do they make…
A: The break-even point is the level of sales or revenue at which a business earns neither a profit nor…
Q: Be as thorough and complete as you can. Show relationships between those operations activities to…
A: To ensure a flawless flight experience, airlines orchestrate a comprehensive array of operations…
Q: The M-N plant manufactures two different products: M and N. Selling prices and weekly market demands…
A: Plant layout refers to the arrangement of physical facilities within a manufacturing or industrial…
Q: the answeer is not convincing
A: Management consists of four fundamental functions: planning, organising, leading, and controlling.…
Q: Forecasting and Queuing model List three positive and three negative outcomes for each of these…
A: Management science is a discipline that solves complicated business problems using mathematical and…
Q: 6. Company X wanted to make a pre-assessment before choosing the final location for their new…
A: Weighted factor model, in which the procedure of making WFM concerns developing preset criteria…
Q: Discuss and provide examples on how would a person preparation changed if they were negotiating with…
A: Negotiation is a process that involves communication between two or more than two parties. The…
Q: Calculate early start, early finish, late start, late finish, activity float and activity duration…
A: Activity Immediate Predecessors Duration A - 0 B A 15 C B 15 D C 15 E D 30 F E 30 G F…
Q: Please complete all work in excel. Use excel to make the calculations (cells can be clicked on to…
A: For BlueBox-Fixed cost =$500Variable cost =$0.08Selling Price =$1.00For GreenFilms-Fixed cost…
Q: A community playhouse needs to determine the lowest-cost production budget for an upcoming show.…
A: Find the given details below: Carpentry Painting Numbers 2 1 Working hours…
Q: What types of orientation for new employees should direct supervisors provide at the work site?…
A: Employee orientation, also known as onboarding, is the process of introducing new employees to an…
Q: What are the disavantages of quality management software (QMS)?
A: A technological solution called quality management software (QMS) helps businesses monitor and…
Q: What are the possible negative outcomes that could arise from the implementation of a strategy and…
A: Concept used: Strategy and benchmarks For growth and sustainability, organization must create an…
Q: In a car maintenance workshop, as a manager how can you plan and control and the department’s…
A: As a manager, it is crucial to develop a comprehensive plan that sets financial goals, allocates…
Q: real time inventory management system
A:
Q: How can a well-designed CRM system facilitate effective collaboration and communication among…
A: Organizations understand the need for efficient departmental collaboration and communication in…
Q: what forces of business are involved in the podcast What Skills Are You Missing as an Entrepreneur…
A: Entrepreneurship is the process of identifying, creating, and pursuing opportunities to establish a…
Q: An office security system at PAC Ltd has two component parts, both of which must work for the…
A: System reliability can be calculated by identifying the systme model whether its a serial model or…
Q: Make a Indirect competitors of our product. Title A SUSTAINABLE PORK-BASED RESTAURANT POWERED BY…
A: A new concept in the field of sustainable eating has emerged: a sustainable pork-based restaurant…
Q: s the adoption of total flexibility possible in Zimbabwe
A: The adoption of total flexibility, which refers to a highly flexible and adaptable work environment,…
Q: 1. A production department of a textile firm received six different orders this week. They have…
A: Process Due Job Time Date A 2 7 C 4 4 E 5 15 B 8 16 D 10 17 F 12 18
Q: Given the following activity network: (3 activities A1, A2, & A3; arrows point from A1 to A2 & A1 to…
A: Find the Given details below: Activities Predecessor Duration A1 - 5 A2 A1 7 A3 A1 (4*50%)…
Q: What is the role of documentation in project management?what are the key phrases in project…
A: Documentation plays crucial role in project management as it serves as a record of project…
Please do not give solution in image format thanku
Step by step
Solved in 3 steps
- The Pigskin Company produces footballs. Pigskin must decide how many footballs to produce each month. The company has decided to use a six-month planning horizon. The forecasted monthly demands for the next six months are 10,000, 15,000, 30,000, 35,000, 25,000, and 10,000. Pigskin wants to meet these demands on time, knowing that it currently has 5000 footballs in inventory and that it can use a given months production to help meet the demand for that month. (For simplicity, we assume that production occurs during the month, and demand occurs at the end of the month.) During each month there is enough production capacity to produce up to 30,000 footballs, and there is enough storage capacity to store up to 10,000 footballs at the end of the month, after demand has occurred. The forecasted production costs per football for the next six months are 12.50, 12.55, 12.70, 12.80, 12.85, and 12.95, respectively. The holding cost incurred per football held in inventory at the end of any month is 5% of the production cost for that month. (This cost includes the cost of storage and also the cost of money tied up in inventory.) The selling price for footballs is not considered relevant to the production decision because Pigskin will satisfy all customer demand exactly when it occursat whatever the selling price is. Therefore. Pigskin wants to determine the production schedule that minimizes the total production and holding costs. Can you guess the results of a sensitivity analysis on the initial inventory in the Pigskin model? See if your guess is correct by using SolverTable and allowing the initial inventory to vary from 0 to 10,000 in increments of 1000. Keep track of the values in the decision variable cells and the objective cell.The Pigskin Company produces footballs. Pigskin must decide how many footballs to produce each month. The company has decided to use a six-month planning horizon. The forecasted monthly demands for the next six months are 10,000, 15,000, 30,000, 35,000, 25,000, and 10,000. Pigskin wants to meet these demands on time, knowing that it currently has 5000 footballs in inventory and that it can use a given months production to help meet the demand for that month. (For simplicity, we assume that production occurs during the month, and demand occurs at the end of the month.) During each month there is enough production capacity to produce up to 30,000 footballs, and there is enough storage capacity to store up to 10,000 footballs at the end of the month, after demand has occurred. The forecasted production costs per football for the next six months are 12.50, 12.55, 12.70, 12.80, 12.85, and 12.95, respectively. The holding cost incurred per football held in inventory at the end of any month is 5% of the production cost for that month. (This cost includes the cost of storage and also the cost of money tied up in inventory.) The selling price for footballs is not considered relevant to the production decision because Pigskin will satisfy all customer demand exactly when it occursat whatever the selling price is. Therefore. Pigskin wants to determine the production schedule that minimizes the total production and holding costs. As indicated by the algebraic formulation of the Pigskin model, there is no real need to calculate inventory on hand after production and constrain it to be greater than or equal to demand. An alternative is to calculate ending inventory directly and constrain it to be nonnegative. Modify the current spreadsheet model to do this. (Delete rows 16 and 17, and calculate ending inventory appropriately. Then add an explicit non-negativity constraint on ending inventory.)The Pigskin Company produces footballs. Pigskin must decide how many footballs to produce each month. The company has decided to use a six-month planning horizon. The forecasted monthly demands for the next six months are 10,000, 15,000, 30,000, 35,000, 25,000, and 10,000. Pigskin wants to meet these demands on time, knowing that it currently has 5000 footballs in inventory and that it can use a given months production to help meet the demand for that month. (For simplicity, we assume that production occurs during the month, and demand occurs at the end of the month.) During each month there is enough production capacity to produce up to 30,000 footballs, and there is enough storage capacity to store up to 10,000 footballs at the end of the month, after demand has occurred. The forecasted production costs per football for the next six months are 12.50, 12.55, 12.70, 12.80, 12.85, and 12.95, respectively. The holding cost incurred per football held in inventory at the end of any month is 5% of the production cost for that month. (This cost includes the cost of storage and also the cost of money tied up in inventory.) The selling price for footballs is not considered relevant to the production decision because Pigskin will satisfy all customer demand exactly when it occursat whatever the selling price is. Therefore. Pigskin wants to determine the production schedule that minimizes the total production and holding costs. Modify the Pigskin model so that there are eight months in the planning horizon. You can make up reasonable values for any extra required data. Dont forget to modify range names. Then modify the model again so that there are only four months in the planning horizon. Do either of these modifications change the optima] production quantity in month 1?
- Assume the demand for a companys drug Wozac during the current year is 50,000, and assume demand will grow at 5% a year. If the company builds a plant that can produce x units of Wozac per year, it will cost 16x. Each unit of Wozac is sold for 3. Each unit of Wozac produced incurs a variable production cost of 0.20. It costs 0.40 per year to operate a unit of capacity. Determine how large a Wozac plant the company should build to maximize its expected profit over the next 10 years.In Problem 12 of the previous section, suppose that the demand for cars is normally distributed with mean 100 and standard deviation 15. Use @RISK to determine the best order quantityin this case, the one with the largest mean profit. Using the statistics and/or graphs from @RISK, discuss whether this order quantity would be considered best by the car dealer. (The point is that a decision maker can use more than just mean profit in making a decision.)If a monopolist produces q units, she can charge 400 4q dollars per unit. The variable cost is 60 per unit. a. How can the monopolist maximize her profit? b. If the monopolist must pay a sales tax of 5% of the selling price per unit, will she increase or decrease production (relative to the situation with no sales tax)? c. Continuing part b, use SolverTable to see how a change in the sales tax affects the optimal solution. Let the sales tax vary from 0% to 8% in increments of 0.5%.
- 3-2) The optimal quantity of the three products and resulting revenue for Taco Loco is: A) 28 beef, 80 cheese, and 39.27 beans for $147.27. B) 10.22 beef, 5.33 cheese, and 28.73 beans for $147.27. C) 1.45 Z, 8.36 Y, and 0 Z for $129.09. D) 14 Z, 13 Y, and 17 X for $9.81. 3-3) Taco Loco is unsure whether the amount of beef that their computer thinks is in inventory is correct. What is the range in values for beef inventory that would not affect the optimal product mix? A) 26 to 38.22 pounds B) 27.55 to 28.45 pounds C) 17.78 to 30 pounds D) 12.22 to 28 poundsDr. Thompson makes three bean mixes for coffee shops located in the Austin. The three mixes, referred to as the Tameka Mix, the Christian Mix, and the Tamia Mix, are made by mixing different percentages of five types of beans. In preparation for the fall season, Dr. Thompson just purchased the following shipments of beans at the prices shown: Type of Beans Shipment Amount in pounds Cost Per Shipment in dollars Arabica 6000 7500 Robusta 7500 7125 Liberica 7500 6750 Excelsa 6000 7200 Juno 7500 7875 The Tameka Mix consists of 15% Arabica, 25% Robusta beans, 25% Liberica, 10% Excelsa, and 25% Juno. The Christian Mix consists of 20% of each type of beans, and the Tamia Mix consists of 25% Arabica, 15% Robusta beans, 15% Liberica, 25% Excelsa, and 20% Juno. Dr. Thompson analyzed the cost to get the beans ready and determined that the profit contribution per pound is $1.65 for the Tameka Mix, $2.00 for the Christian Mix, and $2.25 for the…Dr. Thompson makes three bean mixes for coffee shops located in the Austin. The three mixes, referred to as the Tameka Mix, the Christian Mix, and the Tamia Mix, are made by mixing different percentages of five types of beans. In preparation for the fall season, Dr. Thompson just purchased the following shipments of beans at the prices shown: Type of Beans Shipment Amount in pounds Cost Per Shipment in dollars Arabica 6000 7500 Robusta 7500 7125 Liberica 7500 6750 Excelsa 6000 7200 Juno 7500 7875 The Tameka Mix consists of 15% Arabica, 25% Robusta beans, 25% Liberica, 10% Excelsa, and 25% Juno. The Christian Mix consists of 20% of each type of beans, and the Tamia Mix consists of 25% Arabica, 15% Robusta beans, 15% Liberica, 25% Excelsa, and 20% Juno. Dr. Thompson analyzed the cost to get the beans ready and determined that the profit contribution per pound is $1.65 for the Tameka Mix, $2.00 for the Christian Mix, and $2.25 for the…
- 1. At the beginning of each semester, BOOKY can order 60, 80, or 100 copies of the book from the publisher, each with differing discounts per book. The ordering costs are listed in the following table. Number of Books Ordered 60 80 100 Ordering Costs 6100 7700 9100 2. BOOKY can either sell the book at the retail price ($130 per copy) or offer a 10% discount ($117 per copy). The demand distributions under different selling prices are listed in the following tables. The demand distribution for the textbook when the selling price is $130 per copy. Demand Probability 70 0.6 90 0.4 The demand distribution for the textbook when the selling price is $117 per copy. Demand Probability 80 0.15 100 0.85 3. Any unmet demand for the textbook will be irrecoverable There are two decision variables in this decision problem: the ordering quantity and the selling price of the textbook. a) If BOOKY is allowed to return unsold textbooks to the publisher for a refund of…Answer Questions a to e, based on the following information You run a small grocery store and have the following fruits in storage: 1000 apples, 1500 oranges, 75 watermelons, 100 peaches, and 125 mangos. You plan to package these fruits into gift sets and sell them during the New Year's Sale. The gift sets will be offered in 3 options. Each option is sold at a different price and subject to the following requirements in terms of the fruits that are in the bag: . Option A-Must contain 6 apples, 6 oranges, and 1 watermelon. Option B-Must contain 2 apples, 4 oranges, 1 peach, and 2 mangos. Option C-Must contain 1 watermelon, 1 peach, and 1 mango. Option A will sell for $100, option B will sell for $130, and option C will sell for $200. Assume that there is no limit on demand and that we allow fractional gift sets for simplicity. Your goal is to maximize revenue. Suppose we would like to formulate this as a LP problem, and have the following decision variables: TA =# of gift set A, B =# of…A handicraft products trader is selling leather cases for $40 the unit. To run his business, he needs to pay $10000 for rent, $5000 salaries, and another $5000 for marketing campaigns. The handicraft trader has the choice to import his products from different countries, and it will cost him $20 per unit if the product comes from China, $25 per unit if the product comes from India, and $15 per unit if the product comes from Malaysia. Questions: 1. If the trader must choose to import his products from one country, then which country will it be? 2. compute the trader’s profit if he sells 40 units imported from China and 50 units imported from India. 3. compute the trader’s profit if he imports only from China and sells 500 then 2000 units. Explain the obtained results. 4. What is the trader total cost from importing 100 units from Malaysia and 200 units from India ? 5. If the trader decides to import only from China, how many units he should sell to reach a profit of $2000? 6. If…