2. Two suppliers of products are available to supply the needs of four supermarkets. Each supplier can provide 90 units per day. Each supermarket would like to receive 60 units per day. For each unit per day of unmet demand, there is a penalty. At supermarket A, the penalty is P1, 000; at supermarket B, the penalty is P1, 100; at supermarket C, the penalty is P1, 150, and at supermarket D, the penalty is P1, 020. The cost of transporting each unit from each reservoir to each city is shown in the table below. From Supplier 1 Supplier 2 Supermarket A P 350 P 450 Supermarket B P 400 P 350 To Supermarket C P 500 P 40 Supermarket D P 300 P 250
Q: a) What is the economic order quantity? units (round your response to the nearest whole number). b)…
A: EOQ = sqrt (2DS/H) Annual Holding cost = EOQ/2 x H Annual ordering cost = D/EOQ x S Reorder…
Q: GENERATE THE DECISION VARIABLE SOLUTION AND GENERATE AN ANSWER REPORT 1. Southern Sporting Goods…
A: Let, B = Units of basketball to be produced F = Units of Football to be produced Objective…
Q: In terms of the FLOW Company that operates in the Caribbean discuss each stage, specifically noting…
A: Stages of Team Development
Q: J 2 An electronics store wants to identify a location for a warehouse that will ship to five retail…
A: In order to find the best location, the load distance method can be used. Here, the distance needs…
Q: Identify the strategic issues facing craft brewers in 2021. What effects may these issues have on…
A: There are categories within craft that are growing faster than IPA's where you can see craft beer…
Q: why creativity is important for organisations (e.g., because it enables them to create new…
A: Creativity is needed in every organization and plays an important role in the growth and expansion…
Q: faults that are still in a programme at the time it is delivered will have on product support.
A: ‘Product support services’ refer to labour-based services software/ hardware, which can be…
Q: A firm wants to determine how many units of each of two products: Wall clock and Alarm clock, they…
A: The question is related to linear programming. The given problem is of maximization.
Q: GENERATE THE DECISION VARIABLE SOLUTION AND GENERATE A SENSITIVITY REPORT 1. Southern Sporting Goods…
A: Let, B = Units of basketball to be produced F = Units of Football to be produced Objective…
Q: . Create the network diagram for the table above b. Determine the critical activities and…
A: A project schedule network diagram shows the sequence of the task that is performed to complete a…
Q: Formulate the following problems as balanced assignment models: Person A is planning to organize a…
A: An assignment problem is called a balanced assignment problem when the number of persons and the…
Q: If Julia clears at least $1,000 in profit for each game after paying all her expenses, she believes…
A: Linear programming is a mathematical technique that is also used in operations management…
Q: Assume you’ve been promoted to Executive Chef, and a new employee is having trouble understanding…
A: The prime objective of the restaurant and food services chains or establishments is to offer good or…
Q: With the evolution of RFID instead of UPC, how will this capability make the production grow and…
A: RFID:- The Radio Frequency Identification (RFID) technology has been around since the 1940s, but…
Q: Discuss five (5) challenges in setting goals
A: Organizations like Summerwood Hotel today are focused upon delivering the best commodities to their…
Q: 1. Compute the throughput time. (Round your answer to 1 decimal place.) 2. Compute the manufacturing…
A: Production is the process in which inputs are combined to have the required output. It includes a…
Q: Q5: Reduce the following project activity Normal Time Cost 1-2 3 300 2-3 6 480 7 2100 8 400 4 320 5…
A: The question is related to Crashing of Project. Project Crashing deal with those situations which…
Q: how are project management and software development different?
A: Difference in Software Development Project Management and Project Management I firmly…
Q: Consider the following short case as you respond to the question: Abruzzi's Italian Kitchen is a…
A: Seperation of duties are significant no matter the scale of business. Seperation of duty helps to…
Q: Explain how a business case relates to a technological project and why it's important.
A: A business case provides a reason to begin a business project. It estimates the risks, price, and…
Q: If Julia clears at least $1,000 in profit for each game after paying all her expenses, she believes…
A: Linear programming is a mathematical technique that is also used in operations management…
Q: Identify the eight key processes of excellent supply chainmanagement, and discuss how each of these…
A: Supply chain management- is based on the systematic process for handling the distribution of…
Q: 1. What inventory management model should we use to solve this problem? Model for discount purchases…
A: Note: We are aloowed to do first three sub-parts only at a time. Please post rest of the parts again…
Q: The difference between a group and a team is that: Select one: a. in a team each member has a job,…
A: The difference between a group and a team is that: Select one: a. in a team each member has a job,…
Q: How is project management used to govern the scope, time, and cost of a project?
A: Project management is an activity that assists in listing down all the aspects which are associated…
Q: *Find the solution to the following linear programming problem by dual simplex method Min Z= 2X₁+4X,…
A:
Q: An electrical engineer wants to finish his new device production project within 47 days to meet his…
A: Project Crashing deal with those situations which will speak of the effect of increase or decrease…
Q: How does this supply chain differ from that in a manufacturing firm?
A: A supply chain is indeed the web of people, businesses, materials, operations, and technology…
Q: Find the basic initial solution to the following transportation problem using the northwest corner…
A: The transportation model is used to calculate the minimum cost of the route by selecting different…
Q: INSTRUCTIONS: 1. Read and understand the cases/problems properly. 2. Create an excel solution for…
A: Let, B = Units of basketball to be produced F = Units of Football to be produced Objective…
Q: CASE 3. Burger Doodle The manager of a Burger Doodle franchise wants to determine how many sausage…
A: Given data is Biscuit Labor(hr) Sausage(lb) Ham(lb) Flour(lb) Sausage 0.010 0.10 - 0.04 Ham…
Q: True or false? Please explain in detail Lowering the inventory turnover rate by drastically…
A: 1. Inventory Turnover Ratio is an activity or efficiency Ratio. It is calculated in Times. This…
Q: Write the Dual Problem for the below Primal prblem: Min. Z = 6X1 + 3X2 S. T. 6X1 + 3X2 + X3 >= 2 2X1…
A: The dual problem is converted from the primal problem using the following rules. 1. Minimization…
Q: 1. The Dulac Box plant produces wooden packing boxes to be used in the local seafood industry.…
A: Multifactor productivity = Output / Input Input = Labor cost + Previous Capital cost + Energy cost…
Q: Dags pe t the local farmers' market. shelled pecans for $7, and of an unshelled pecan. It requ…
A: Based on given information have to determine the decision variables: X1=Pies X2=Batches of one dozen…
Q: What is total quality management?
A: The term "total quality management" was first used in the 1960s to describe a manufacturing…
Q: b. Key positions can be staffed with experts. c. It is difficult to integrate activities across…
A: Functional organisational design:- A functional organization is designed like the typical…
Q: sponsibilities of planning, organising, and regulating play in project administration?
A: Individuals who possess a strong entrepreneurial attitude are good project managers. This gives them…
Q: The Peachtree Airport in Atlanta serves light aircraft. It has a single runway and one air traffic…
A: Service rate is the number of transactions served per hour. Here transaction can be customers,…
Q: What indicators are utilised to assess the most crucial supply chain processes?
A: Supply chain management is a process chain initiated from raw materials and ends in delivering…
Q: The smallest defect in a computer chip will render the entire chip worthless. Therefore, tight…
A: Given data Sample size (n) = 1000 Defective size or percentage of defects = 1.5% Z-score = 3
Q: Minimize: Z = 3X₁ + 5X₂ + 5X3 + 4X4 Subject to: 8X₁ + 2X4 ≤ 100 4X2 + 3X3 = 90 8.>0
A: Linear programming is a mathematical technique that is also used in operations management…
Q: How important do you think data quality is to data warehousing's success? What are the benefits of…
A: Data Quality:- Data Quality refers to the extent to which internal characteristics (e.g., accuracy,…
Q: nswer. Level output/workforce strategy: Monthly planning for all the products in same family…
A: The term "aggregate planning" is used to describe the process of developing, updating, and…
Q: As technology evolves, consumers will see a growing number of vending machines for products,…
A: A vending machine can be stated as a technical or automated machine that offers or provides products…
Q: If the coefficient for Activity 2 in the objective function changes to $400, then the objective…
A: The allowable increase of activity 2 is 500. This means that the objective coefficient of activity 2…
Q: Finance How to increase air tr control revenues in Libyan air transportation
A: Air transport is an important enabler to achieving economic growth and development. Air transport…
Q: A company produces two types of tables, T1 and T2. It takes 2 hours to produce the parts of one unit…
A:
Q: ur options they have for dealing
A: Project risk is an uncertain complication that might develop at any point in the project's…
Q: As shown in the attachment I have part a done and I need help on parts b, c and d. Please use…
A: Find the Calculations below: Excel Declarations: Solver Declarations: Results:
Step by step
Solved in 4 steps with 7 images
- A company manufactures dog leashes that sell for $19.81, including shipping and handling. The monthly fixed costs (advertising, rent, etc.) are $22,503 and the variable costs (materials, shipping, etc.) are $7.65 per leash. How many leashes must be produced and sold each month for the company to break even? leashes. Round to the nearest leash.Consider the supply chain illustrated here:Last year, the retailer's weekly variance of demand was 200 units. The variance of orders was 500, 600, 750, and I ,350 units for the retailer, wholesaler, distributor, and manufacturer, respectively.(Note that the variance of orders equals the variance of demand for that firm 's supplier.)a) Calculate the bullwhip measure for the retailer.b) Calculate the bullwhip measure for the wholesaler.c) Calculate the bullwhip measure for the distributor.d) Calculate the bullwhip measure for the manufacturer.e) Which firm appears to be contributing the most to the bullwhip effect in this supply chain?As manager of the St. Cloud Theatre Company, you have decided that concession sales will support themselves. The following table provides the information you have been able to put together thus far: ITEMSELLING PRICEVARIABLE COST% OF REVENUE Soft Drink$1$0.6025 Wine1.750.9025 Coffee2.000.3530 Candy1.500.2020 You estimate labor cost to be $250.00 (5 booths with 2 people each). Even if nothing is sold, your labor cost will be $250.00, so you decide to consider this a fixed cost. Booth rental, which is a contractual cost at $50.00 for each booth per night, is also a fixed cost. What is the break-even volume per evening performance? How much wine would you expect to sell each evening at the break-even point? If you can solve the question using Excel OM.
- As manager of the St. Cloud Theatre Company, you have decided that concession sales will support themselves. The following table provides the information you have been able to put together thus far: ITEMSELLING PRICEVARIABLE COST% OF REVENUE Soft Drink$1$0.6025 Wine1.750.9025 Coffee2.000.3530 Candy1.500.2020 You estimate labor cost to be $250.00 (5 booths with 2 people each). Even if nothing is sold, your labor cost will be $250.00, so you decide to consider this a fixed cost. Booth rental, which is a contractual cost at $50.00 for each booth per night, is also a fixed cost. What is the break-even volume per evening performance? How much wine would you expect to sell each evening at the break-even point? Please solve the question using Excel OM.Adidas is an athletic company designs and manufacturesseveral athletic things. Football is one of the company'sproducts that sells for $40 per unit. Total fixed costs relatedto the manufacturing of the football are $150,000 per monthand variables costs involved in manufacturing are $ 15 per unit. 1-Compute the number of footballs to be sold to earn atarget profit of $30.000.?Your Corporation manufactures four products that use the same raw material and production machine. Your Company is experiencing a shortage of pounds of the raw material. Information related to the four products are shown below. Products A B C D Selling price $40 $32 $35 $65 Variable cots $34 $22 $27 50 Machine hours per unit 6 8 5 7 Pounds per unit 18 20 28 38 To maximize profit next month, in what order would it be best to schedule production (first to last)? a. A, B, C, D b. A, D, B, C c. B, D, A, C d. D, A, C, B
- As manager of the St. Cloud Theatre Company, you have decided that concession sales will support themselves. The following table provides the information you have been able to put together thus far: Item Selling Price Variable Cost % of Revenue Soft Drink $1.20 $0.70 24 Wine $2.00 $1.00 26 Coffee $1.00 $0.35 30 Candy $0.75 $0.30 20 Last year's manager, Scott Ellis, has advised you to be sure to add 10% of variable cost as a waste allowance for all categories. You estimate labor cost to be $250.00 (5 booths with 3 people each). Even if nothing is sold, your labor cost will be $250.00, so you decide to consider this a fixed cost. Booth rental, which is a contractual cost at $80.00 for each booth per night, is also a fixed cost. a) Based on the information available, the per night break-even point in…1. Timothy received $100 for his birthday. He wants to buy either a new skateboard or a new mp3 player to listen to music while working out but he can buy only one. a. Which core principle is represented in this scenario above (if any). b. give an xplanation.Problem 20-10 (Algo) You are a newsvendor selling San Pedro Times every morning. Before you get to work, you go to the printer and buy the day’s paper for $0.50 a copy. You sell a copy of San Pedro Times for $1.25. Daily demand is distributed normally with mean = 335 and standard deviation = 67. At the end of each morning, any leftover copies are worthless and they go to a recycle bin. a. How many copies of San Pedro Times should you buy each morning? (Use Excel's NORMSINV() function to find the correct critical value for the given α-level. Round your z-value to 2 decimal places and final answer to to 2 decimal places.) b. Based on a, what is the probability that you will run out of stock? (Round your answer to the nearest whole number.)
- The purchasing manager for the Pacific Steel Companymust determine a policy for ordering coal to operate 12converters. Each converter requires exactly 5 tons of coalper day to operate, and the firm operates 360 days per year.The purchasing manager has determined that the orderingcost is $80 per order, and the cost of holding coal is 20% ofthe average dollar value of inventory held. The purchasingmanager has negotiated a contract to obtain the coal for$12 per ton for the coming year.a. Determine the optimal quantity of coal to receive in eachorder.b. Determine the total inventory-related costs associatedwith the optimal ordering policy (do not include the costof the coal).c. If five days’ lead time is required to receive an order ofcoal, how much coal should be on hand when an order isplaced?The purchasing manager for the Pacific Steel Companymust determine a policy for ordering coal to operate 12converters. Each converter requires exactly 5 tons of coalper day to operate, and the firm operates 360 days per year.The purchasing manager has determined that the orderingcost is $80 per order, and the cost of holding coal is 20% ofthe average dollar value of inventory held. The purchasingmanager has negotiated a contract to obtain the coal for$12 per ton for the coming year.a. Determine the optimal quantity of coal to receive in eachorder.b. Determine the total inventory-related costs associatedwith the optimal ordering policy (do not include the costof the coal).Consider that a company produces a certain component in batches of 795 units (Q) for its computer products. The annual demand for this component is 2,049 units. The annual inventory rate is 13%. The machine used to produce this part has a production rate of 13,655 units/year and a cost of $15/unit. b) How long (years) does it take to produce the batch considering the Q provided? Report your answer to 3 decimal places