How many units should you hold in finished-goods in a Replenishment Pull System if the daily demand is 8,900 units, the buffer factor percentage is 13%, the worst-case scrap rate is 4%, the worst-case unplanned downtime is 8%, your total Lead Time is 1.5 days, and there are 20 units per container? Group of answer choices 167 containers 835 containers 755 containers 3,338 containers
Q: A plastic parts supplier produces two types of plastic parts used for electronics. Type 1 requires…
A: Assume, Total number of units, of type-1 = X (Quantity) Total number of units, of type-2 = Y…
Q: An engineering firm retains a technical specialist to assist four design engineers working on a…
A: Based on the question description, the following information is extracted. Number of design…
Q: Explain how waiting lines can develop even when the service time is a constant.
A: The waiting line is the length of time that a customer has to wait before they are served. The…
Q: e weapon" Justify the statemen
A: Since quality is an integral component of an organization's overall competitive advantage, the…
Q: What is your forecast for next year’s sales?
A: The least squares method is a statistical technique that is used to estimate the parameters of a…
Q: ERP provides organizations with integrated operations, placing a new emphasis on customer…
A: A form of technology known as enterprise resource planning (ERP) is generally utilized by…
Q: b. A food manufacturer wants to locate a warehouse to serve its major customers. The customers,…
A: Given data: Customer X-Coordinate Y-Coordinate Annual volume Judy inc. 3 7 25 Zac supermarket…
Q: Project Quality Management addresses the management of project deliverables of the project, it…
A: The practice of continuously assessing the integrity of all operations and implementing remedial…
Q: Goop Inc needs to order a raw material to make a special polymer. The demand for the polymer is…
A: Mean μ = 250 gallons Standard deviation σ = 125 gallons Cost (c) = $10 per gallon Selling price (p)…
Q: What are the consequences of shipping and receiving errors?
A: Shipping errors are the mistakes made in the process of shipping. Receiving errors are mistakes made…
Q: A shoe store orders shoes from the manufacturer and sells them at a mall. Storing shoes at the store…
A: Given data: Let the number of pairs of shoes = X Holding cost = $8 per shoe pair Ordering cost =…
Q: The Ottery Creek Winery produces three kinds of table wine - a blush, a white, and a red. The winery…
A: Let Blush wine, white wine and red wine be represented by B, W and R respectively. Maximize…
Q: What is the average number of errors per order? Do not round intermediate calculations. Round your…
A: c-bar = Average number of errors per order = Total Errors/Total Samples =…
Q: Cynthia Knott's oyster bar buys fresh Louisiana oysters for $4 per pound and sells them for $10 per…
A: Given data; Cost price 4 $ per pound Selling price 10 $ per pound Salvage price 3 $ per…
Q: 1. Foxie Owl’s Besty Bagel shop makes fresh bagels. She has to buy raw materials fresh every day for…
A: Given data: Daily demand- 200, 225, 250, 275, or 300 bagels. Fill Rate requirement = 96% or 0.96
Q: Find the multifactor productivity of Produces 10,000 units a day if Labor Costs: 10 people working a…
A: Multifactor productivity is the proportion between input and output based on the consideration of…
Q: Question B Elaburate the Smart Warehouse contribution to enhance companies’ supply chain…
A: An automated warehouse system, either entirely or in part, is known to as a smart warehouse. The…
Q: In your own words, describe cost of quality (COQ) and why an organization should be managing COQ.
A: Today the business world is becoming ever more competitive day by day. The client has a broad range…
Q: Scenario 14.1 — Vidalia Onions When Vidalia onions are ready, the entire 13 county (plus parts of…
A: Given data: Bags purchased = 240,000 bags per year = 240,000/365 per…
Q: Questions 1.Explain using illustrations how forecasting features in this company's operations.…
A: Forecasting is a technique to predict future value. It is useful to predict future demand, sales, or…
Q: Using the IF function, write a formula in J38 to display "Yes" if the activity is critical and…
A: Critical path is the sequence of tasks that must be completed in a certain amount of time to prevent…
Q: To cut the number of projects, the steering committee used a weighting scheme that reflected the…
A:
Q: Using any organisation of your choice describe the significance of operations managers and how they…
A: Key Advantages inside Effective Operations ManagerProduct Quality - The quality of a product alludes…
Q: A local bakery is renowned for its elaborately cecorated sheet cakes. Consider the following process…
A: Based on the given details, the following information can be extracted. The bakery operates 8 hours…
Q: A payoff table is given as s1 s2 s3 d1 250 450 500 d2 300 -250 900 d3 400 500…
A: Expected value method EV=(s1×p1)+(s2×p2)+(s3×p3) Conservative decision-maker A conservative…
Q: Study the scenario provided below and answer all questions that follow. InSight Limited imports…
A: Given data: Ordering cost per order=5000Carrying cost per unit per year=2Current Order…
Q: Problem 4: Write the MOST equation for the task and calculate the Normal time for the process (in…
A: MOST (Maynard operation sequence technique) is the time and motion study technique used in…
Q: Based on the percentages of dollar volume, item number 1289 should be classified as Item number 2349…
A: Production is the process in which inputs are combined to have the required output. It includes a…
Q: Peter's International Barbershop is a popular haircutting and styling saloon near the campus…
A: Given data: Arrival Time = 2 customers in 10 minutes Service Time = 3 minutes Server = 1 Service…
Q: d. What is the probability that when you arrive there will be three or more vehicles ahead of you?…
A: Given data: Arrival rate (λ) = 10 / hr Service rate (μ) = 12/ hr
Q: In no less than 200 words, describe the connection between “quality” and “strategy.”
A: The term quality defines good or bad, success or failure, and right or wrong of the resultant…
Q: Lower days of supply means, ____ inventory. Lower turns means ____inventory. A) More , less B)…
A: Inventory directs to business goods & outcomes that are inclined to sell, with the raw materials…
Q: Find an example from the internet of the application of lean thinking to a service operation.…
A: "Since you have asked multiple questions, we will be answering the first question for you. If you…
Q: what is the cause and effect diagram and discuss its benefits and application in the project…
A: A cause-effect is a graphic tool used to graphically depict potential explanations for a particular…
Q: A start-up company in Vanderbijlpark that produces toy buses and cars, has two primary resources…
A: Here, I have been given a case, from these data, I would formulate an LP, after formulating this LP,…
Q: Draw a simple bill-of-materials (BOM) for a smart phone given the following requirements: (a)…
A: The components in a bill of materials for a smartphone are listed below. Smartphone Components…
Q: Using trend projection, develop a formula to predict sales for years 11 and 12. You have to show all…
A: Trend projection forecast technique is a technique that is used to predict the future of a trend. It…
Q: Exponential Smoothing when α= .6 and the forecast for March is 350.
A: Exponential smoothing is one of the methods of forecasting. It is used in case of time-series demand…
Q: Explain why it is important for Jaguar to have an accurate BOM structure for their new Jaguar SType…
A: BOM - also known as product tree structure in which all the items which are needed for developing or…
Q: c. Prepare a naive forecast for periods 2 through 11 using the given sales data. Compute each of the…
A: Formulae used: For Error = Actual Sales – Forecast For Abs = Absolute value of | Actual Sales –…
Q: Please answer part iv. which is related to the three part question posted some moments ago that has…
A: Forecasting is the process of predicting future events. It is used in a variety of fields, such as…
Q: The following table shows the fixed cost and variable cost for 3 locations. Construct cost curves…
A: Total cost for any location = Fixed cost + Number of units X Variable cost per unit Compute the…
Q: Kamal Fatehl production manager of Kennesaw Manufacturing, finds his profit at $28,600 (as shown in…
A: Find the Calculations below: The decrease percentage is 5.9% The new supply chain cost is $ 159000…
Q: What is facility layout?
A: To put Simply, facility layout is the arrangement of a facility to maximize processes that are not…
Q: How does companies use business case to select projects
A: Business Case for projects To determine whether an investment is profitable, a business case must be…
Q: Discuss the impact of the internet on negotiation between a firm and its suppliers.
A: The internet revolution has led to an increase in the online presence of businesses and their…
Q: Which of the following is the first phase in the design of a global supply chain network? a. Define…
A: Global supply chains are structures that are used to purchase & supply services and goods…
Q: a) The EOQ for the workbooks is 444 (round your response to the nearest whole number). b) What are…
A: The best order amount of raw materials for a corporate organization to reduce holding costs, order…
Q: Research and answer the following: 1. What is Capacity? 2. Describe ways of defining and measuring…
A: "Since you have asked multiple questions, we will answer the first question for you. If you want any…
Q: Letz Products has two decisions to make, with the second decision dependent on the outcome of the…
A: Expected payoff at chance node = Probability 1 X Expected payoff event 1 + Probability 2 X Expected…
please answer within 30 minutes.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
- “The EBQ and EOQ models are basically the same”, remarked a scholar. Using relevant formulae and diagrams, critique this statementRomulo Drugstore sells 10 bottles of Paracetamol syrup Strawberry flavor 60 mL a day, and 15 bottles on holidays and weekends. It takes 5 days for the supplier to deliver the order; and on peak seasons and certain occasions, the supplier takes 10 days to deliver the ordered items. What should be the safety stock level of the said item? 20 bottles 25 bottles 100 bottles 175 bottles What is the Average Lead Time? 5 days 10 days 15 None What is the Maximum Lead Time? 5 days 10 days 15 None What is the average daily use? 10 bottles 15 bottles 20 bottles 25 bottles 100 bottles What is the maximum daily use? 10 bottles 15 bottles 20 bottles 25 bottles 100 bottles Which of the following is NOT True? Cycle Stock Inventory must be maintained. Safety Stock Inventory must be secured. Monitoring of inventory movement facilitates the necessary adjustment of both the Cycle Stock and Safety Stock Inventory. Safety Stock inventory is also considered as a buffer stock. None of the choices.Romulo Drugstore sells 10 bottles of Paracetamol syrup Strawberry flavor 60 mL a day, and 15 bottles on holidays and weekends. It takes 5 days for the supplier to deliver the order; and on peak seasons and certain occasions, the supplier takes 10 days to deliver the ordered items. What should be the safety stock level of the said item? 20 bottles 25 bottles 100 bottles 175 bottles
- Summarize at least two KPIs from the front end, two from the middle, and two from the back end of the revenue cycle, as well as why you believe these KPIs will demonstrate whether the organization is meeting its KPIs or notOakwood Hospital is considering using ABC analysis to classify laboratory SKUs into three categories: those that will be delivered daily from their supplier (Class A items), those that will be controlled using a continuous review system (B items), and those that will be held in a two-bin system (C items). The following table shows the annual dollar usage for a sample of eight SKUs. Rank the SKUs, and assign them to their appropriate category. SKU Code Dollar Value Annual Usage 1 2 3 4 5 6 7 8 $0.01 $0.03 $0.45 $1.00 $4.50 $0.90 $0.30 $1.50 1,200 120,000 100 44,000 900 350 70,000 200Carol Cagle has a repetitive manufacturing plant pro-ducing trailer hitches in Arlington, Texas. The plant has an average inventory turnover of only 12 times per year. She has therefore deter-mined that she will reduce her component lot sizes. She has devel-oped the following data for one component, the safety chain clip: Annual demand = 31,200 unitsDaily demand = 120 unitsDaily production (in 8 hours) = 960 unitsDesired lot size (1 hour of production) = 120 unitsHolding cost per unit per year = $12Setup labor cost per hour = $20 How many minutes of setup time should she have her plant man-ager aim for regarding this component?
- Upon delivery, only the items quantity ordered on the PO(pruchase order) is received and a Daly Receiving Report (DRR)made by the supplier at the time of delivery. True or false? Plz send the answer fastProblem 2: Perkins Lighting wishes to employ a kanban in their new floor lamp production system. For the floor lamp base, they have provided the following information: Daily demand 300 units Holding cost $20/unit/year Order cost $10/order Lead time 2 days Safety stock 600 units Find the size of the kanban and the number of kanbans required.A regional manufacturer of table lamps plans on using a manual kanban information system. On average the firm produces 1,200 lamps monthly. Production lead time is 18 days, and the firm plans to have 15 percent buffer stock.Assume 20 working days per month.a. If each container holds 15 lamps, what will be the total number of kanban tickets required?b. What is the maximum WIP inventory the company can expect to have using this system?c. Suppose that each lamp costs the firm $30 to produce. If carrying costs are based on a 20 percent annual interest rate, what annual carrying cost for WIP inventory is the company incurring?
- The Friendly Greetings greeting card company outsources printing to a nearby printing shop, which charges a $1200 fixed charge to start producing a design of card, then $0.30 for each card produced. The printing shop turns around production orders quite quickly, so lead time can be considered negligible. Demand for birthday cards of a certain classic design has long been at a constant and steady rate of 25,000 cards per year. Friendly Greetings stores cards in its own warehouse. The company estimates holding costs to be 5 cents per card per year, including variable warehousing costs and the opportunity cost of capital. The company’s current ordering policy is not necessarily optimal. They place an order for 15,000 cards when their stock of cards approaches zero. Now suppose that the print shop requires a 2 week lead time to turn around a production order. What is the optimal reorder point for the card? (You may assume 50 weeks in a year.)The Friendly Greetings greeting card company outsources printing to a nearby printing shop, which charges a $1200 fixed charge to start producing a design of card, then $0.30 for each card produced. The printing shop turns around production orders quite quickly, so lead time can be considered negligible. Demand for birthday cards of a certain classic design has long been at a constant and steady rate of 25,000 cards per year. Friendly Greetings stores cards in its own warehouse. The company estimates holding costs to be 5 cents per card per year, including variable warehousing costs and the opportunity cost of capital. Given their current ordering policy, what is their average annual holding cost for this particular design?Wang Distributors has an annual demand for an airport metal detector of 1,421 units. The regular cost of a detector for Wang is $363. The storage cost is estimated to be 20% of the unit cost, and the cost of placing each order is $25. If Mr. Wang, the owner, orders quantities of 300 or more, the cost of one detector will be $365. Wang Distributors has a year of 250 business days. When a new order of detectors is made, the supplier takes 3 days to deliver it. Show your work. 1. What inventory management model should we use to solve this problem? Model Economic Quantity to Produce Model Economic Quantity to Order Model to handle dependent demand Model for discount purchases 2. What is the optimal quantity of detectors that should be made in each order if purchased at full price? Response 3. What is the optimal quantity of detectors that should be made in each order if purchased at a discount price? Response 4. After validating the quantity of detectors that should be made in each order…