Calculate the EVPI. Show clear workings piease Cost Either 0 or 1 Failiure SO Leave the plant open 0.736 E(cost)=$3960 2 or more Failures $15,000 0.264 Close the plant $10,000
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- c.a. Under an ISO 9000 program, which one of the following employees is responsible for checkingcompleted work to make sure it has been performed to company specifications?A. The maintenance general managerB. The PM program administratorC. A shop foremanD. A maintenance technician c.b. Which one of the following isn’t a goal of a PM program?A. Limit downtimeB. Save a company money on maintenance so that the cost of its products stays competitiveC. Keep a machine running within its specificationsD. Use fewer repair parts and less time to install those partsc.c. Which of the following tasks is an uptime PM task that can be performed while the machine is runningduring production?A. Checking the motor starter contacts for burned and pitted areasB. Checking for excess noise or vibration on the machineC. Checking the condition of the couplingD. Tightening electrical connections11.1 Safelite guaranteed an $11 hourly wage when it rolled out performance pay, so it paid installers $20 per windshield or $11 per hour, whichever was greater. How many windshields must a worker install in an 8-hour day for performance pay to equal the $11 hourly wage? Workers installed 2.7 windshields per day before performance pay. Did it take a little or a lot of extra effort to reach the “incentive zone”? Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.Your boss has told you to evaluate two ovens forTink-the-Tinkers, a gourmet sandwich shop. After some questioningof vendors and receipt of specifications, you are assuredthat the ovens have the attributes and costs shown in the followingtable. The following two assumptions are appropriate:1. The life of each machine is 5 years.2. The company thinks it knows how to make 14% on investmentsno more risky than this one.a) Determine via the present value method which machine to tellyour boss to purchase.b) What assumption are you making about the ovens?c) What assumptions are you making in your methodology?
- Franklin Cards sells greeting cards for $2 each and plans to sell 100,000 cards every quarter. Themanagement accountant has determined the company must sell 80,000 cards every quarter to breakeven. What is the margin of safety (MOS) in both units and sales dollars?1write about management process , tools , continous . improvement , Tqm ( write more about it end explined it clearly 200 words 2project managemet tools and tecgniques ... CPM , critical path and explined it clearly 3. Maintenance and reliability and explined it clearly 200 wordsOne of the firm’s audit partners, Alice Goodwin, justhad lunch with a good friend, Sara Hitchcock, who is president of Granger ContainerCorporation. Granger Container Corp. is a fast-growing company that has been in businessfor only a few years. During lunch, Sara asked Alice for some advice and direction on howGranger Container should structure its systems development process within the InformationSystems Department. Sara noted that because Granger has experienced such tremendousgrowth, the systems development process has evolved into its current state without muchdirection. Given Granger Container’s current size, Sara questions whether their currentprocesses are reasonable. Sara’s concern is magnified by the fact that she has little understanding of information systems processes. Alice told Sara about your information systemsevaluation experience and agreed to have you look at Granger Container’s current systemsdevelopment procedures. Sara gave Alice the following summary of the…
- A company makes parts that cost $35.00 in material and labor. 92% of the parts are produced defect free and are sold for full price at $110 each. 2% of the parts made must be scrapped. Scrap parts are sold for $8.00 each. The remaining 6% of the parts made must be reworked at a cost of $12.00 each. After rework 1% still must be scrapped and the other 5% is sold at a discounted price of $90 each. a. Draw the tree diagram showing the quality cost situation. b. Determine the earnings per part. c. Determine the cost of poor quality (COPQ). d. Determine the earnings per part and COPQ if the rework operation was shut down and the parts that required reworking were just sold for scrap instead.Howard Weiss, Inc., is considering building a sensitive new radiation scanning device. His managers believe that there is aprobability of .35 that the ATR Co. will come out with a competitive product. If Weiss adds an assembly line for the product and ATR Co. does not follow with a competitive product, Weiss's expected profit is $40,000 ; if Weiss adds an assembly line and ATR follows suit, Weiss still expects $20,000 profit. If Weiss adds a new plant addition and ATR does not produce a competitive product, Weiss expects a profit of $600,000 ; if ATR does compete for this market, Weiss expects a loss of $120,000.Part 2a) Expected value for the option = $ b)Expected value for the build new plant option = c) The alternative that provides Weiss the…Mont Corp produces and sells 1,000 dining tables per year. Currently its only quality problem with the products is related to varnishing. It currently incurs $400 per year for quality training and $600 per year for reliability engineering. Inspection cost is $6 per unit, and all units produced are inspected. Traditionally, at an internal inspection, 9% of all units fully-produced are found to have problems with the varnishing, and are reworked. Rework cost is $100 per unit. Defective units sold to customers are returned to the company and reworked. External failures are 1% of units sold, and the company incurs the shipping costs at the rate of $20 per unit. In 2020, management are considering an alternative method of inspecting products which will reduce inspection cost by $1.50 per unit. The alternative method will reduce the internal failure to 4% of all units produced, and increase the external failure rate to 6% of all units sold. In addition, with the alternative inspection…
- for ideas what could be 5 whys for the movie 12 angry men the oringinal version? what could you do to solve them and why?write an essay addressing the following: 1. what was the process that was shown to be weak? 2. how was the error discovered? 3. what was the proposed solution? 4. was the solution Implemented? if so what was the outcome? what were the benefits? 5. If the solution was not implemente what was the outcome? What were the costs or fallouts for not implementing? 6. what was your role in this process3. Jonathan owns and operates 5 car window tinting shops in the Rio Grande Valley area. Each tint shops has 4 car stalls. Jonathan only operate 3 stalls at a time, leaving the other stall vacant. Based on his latest revenue reports, he is averaging 2 customers at a time receiving tint while the 3rd stall is empty. Each tint shop is open 12 hours per day. Each car or truck requires 2 hours of work A) what is Jonathan daily design capactity? B) what is Jonathan daily effective capcity? C) what is Jonathan actual out per day D) what is Jonathan utilization rate E) what is Jonathan effective utilization rate