Pennington Cabinets is a manufacturer of several different lines of kitchen and bathroom cabinets that are sold through major home improvement retailers. Pennington built material requirement planning as follows: Current Jan Feb Mar 1100 1150 Gross requirements Scheduled receipts 810 Projected available balance 750 Net requirements Planned order receipts Planned order release Compute planned order receipts in Mar, assuming that minimum lot size is 1.
Q: For the Transportation Problem given by the following tableau, find an initial basic feasible soluti...
A:
Q: What are the different types of costs which you may have to bear on operating a warehouse?
A: Warehouse management is described as the processes that include the operations carried out in a ware...
Q: Scheduling Problem An airline reservations office is open to take reservations by telephone 24 hours...
A: Given data is
Q: Supply chains include all the processes needed to make a finished product. Discuss the previous with...
A: To make the finished goods, we would require raw materials and Internal processes, the supply chain ...
Q: What is Information Search Process (ISP)? Who initiated this method and how does the researchers ben...
A: Management information systems often called MIS systems can be stated as the division or department ...
Q: Discuss how the operations manager can use job, enrichment, job enlargement, job rotation and employ...
A: Employee motivation refers to the amount of enthusiasm, dedication, and inventiveness that employees...
Q: Exponential Smoothing Forecasting Use the area below to draw a line chart for single exponential smo...
A: Exponential Smoothing Forecasting Ft+1 = At-1×α+1-αFt Error = Actual data -Forecast data Mean squar...
Q: Porter's value chain comprises five primary activities and four support activities. Which of the fol...
A: A value chain refers to a combination of many systems a company utizies in order to generate revenue...
Q: 2.0 Give an example of Critical Path Analysis of one (1) Method.
A: Project management is the management in which different types of skills and knowledge are required t...
Q: To move from a 3-Sigma process to a 6-Sigma process, the largest challenge is generally to O Decreas...
A: 3 sigma and 6 sigma ate closely related with process quality that applicable different kind of measu...
Q: What precise information are you looking for in order to construct a job breakdown structure?
A: The work breakdown structure is the project management concept in which the project is divided into ...
Q: Company XYZ is a movie distribution company. It has kept records of total annual movie ticket sales ...
A: Forecasting is a method which helps to predict the future based on the given identified past informa...
Q: Bag Company produces leather jackets and handbags. A jacket requires of leather and a handbag only ...
A: Let, J = Units of Jackets to be produced H = Units of handbags to be produced
Q: In Case A, 15 products are made by spending $1000 and in Case B, 10 products are made by spending $2...
A: Productivity is the proportion between output and inputs. It identify the unit value in output for e...
Q: 8.1-2.* Use the dual simplex method manually to solve the following problem. Minimize Z= 5 x1 + 2x2 ...
A: Given LP: Minimize Z =5x1+2x2+4x3Subject to constraints-3x1+ x2+ 2x3≥46x1+3x2+5x3≥10x1≥0, x2≥0, x3≥0
Q: Loans are evaluated in a process with two resources. The first resource has a capacity of 30 loans p...
A: Capacity of first = 30 loans per hour Capacity of second = 38 loans per hour Demand = 40 loans per h...
Q: Set up the objective function and enumerate all the constraints, Define the decision variables of th...
A: After adding the information given in the question description, the table will be as follows. Total...
Q: Three jobs are to be scheduled on two machines A and B. Assume that the jobs are processed in the se...
A: Job A B 1 5 4 2 7 7 3 3 5
Q: Virginia College promotes a wide variety of executive training courses for firms in the Arlington, ...
A: Given data: Allowance factor - 10%
Q: Item SKU A3378 has a demand that is normally distributed during the lead time, with a mean of 360 un...
A: ITEM SKUA3378 Average demand during lead time, μ=360 Standard deviation during lead time, σ =12 Prob...
Q: Formulate the situation as a system of inequalities. (Let x represent the number of dinghies the com...
A: Given data is Available labor hours for metalwork = 108 Available labor hours for painting= 90 Labo...
Q: . using sage 50 what steps can we ignore in: -sales process( sales Invoice, Sales Order Sales Quo...
A: PURCHASING PROCESS: Purchasing process, also known as Procure to pay process is a methodology for bu...
Q: (d) Fit a multiple linear regression model with an interaction term to these data. (e) Estimate o an...
A: given,
Q: Where will the Casino Operations Management industry be in the future ? "
A: Modern technologies like as artificial intelligence, cloud computing, and virtual worlds have all he...
Q: You've just been appointed as the new regional manager at a supermarket, and your first task is to d...
A: Inventory cost comprises the amount to order and holds stock or inventory, along with governing of t...
Q: Given the soft constraint X, + X2 +d* - d" = 45, which was originally the hard constraint X, + X2 = ...
A: Slack and surplus variables are referred to as Deviational Variables (di — and di +) in general prac...
Q: (c) A company manufactures two products: X and Y. Product X costs $8 per unit and contains 2 units o...
A: Objective Functions and Constraints: Based on the given details, the objective funct...
Q: Network Diagrams Exercise 1. For each task build the relevant network diagram 2. Add the task durati...
A: Critical path analysis is done to identify the path with longest duration to complete the whole proj...
Q: What exactly is stress testing, and why is it beneficial to the organization?
A: Risk management is described as the process through which risk factors are determined, analyzed and ...
Q: Tntroduce slack variables as necessary and then write the inital smplex tableau for • 3x + 3ky s11 *...
A: Max Z = x1 + 6 x2 + 3 x3 subject to x1 + 2 x2 + 3 x3 ≤ 11 6 x1 + x2 + 5 x3...
Q: The Dutch Railway system processes 1.3 million passengers and more than a million tons of cargo dail...
A: given, Planning for the future To achieve the projected capacity growth for the Traffic Control busi...
Q: a) Draw network diagram representing the project b) Find total float & free float for each activity ...
A: D(duration)=given in the question as normal time ES (Early start)= The first activity from where the...
Q: Discuss the several types of changes that may suggest a need to revaluate and/or redesign firm's log...
A: A logistics network is an effective logistics network modeling to move goods from their raw state th...
Q: For this equation. Daniel and his family recently moved to California. Daniel wants to know which am...
A: given,
Q: 4. What is the forecast for the 13th period based on the four-period moving average? Round your answ...
A: Given data is
Q: Gym Bunnies (GB) is a health club. It currently has 6000 members, with each member paying a subscrip...
A: (a)
Q: CASE NO.4 4. The National Dog Food Corp. wants to mix 5000lb of special dog food. There are two prin...
A: Given data is Cost of x1 = Php 30 Cost of x2 = Php 60 Limitation of x1 = less than or equal to 4000 ...
Q: What view of globalization is suggested through the New Balance Company?
A: Globalization may be viewed in three ways: (1) as a fresh force sweeping the globe recently, (2) as ...
Q: Task 2: A small Tennessee company makes fused magnesia and silica. To prepare input for the planning...
A: Given data is Production quantity = 40000 pounds Safety stock = 30000 pounds
Q: eaper than name brand ones
A: When it comes to generic drugs, they're cheaper than name brands since they're not protected by pate...
Q: Discuss 4. How do you think your staff will react based on the executives' non-engagement.
A: A Small Introduction to Planning Process Planning includes choosing missions and goals and the acti...
Q: i. What are the 3-months moving average forecasts for months 4, 5, 6 & 7? ii. What are the 3-month W...
A: Forecasting is estimated predictions for the present as well as for the future as per the past data....
Q: Normal No Spacing Replace Reu Heading 1 Fil Paragraph Styles Editing Reuse Item SKU A3378 has a dema...
A: Given data: Demand during lead time = 360 units Standard Deviation (σdLT) = 12 Stock out = 10% Servi...
Q: If your forecast for 2022 is 40, using the seasonal index below, what is your forecast for 2nd quart...
A: Seasonal forecast = Forecast for a period * Seasonal index of that period Given, Total forecast = 40...
Q: Billy is looking to find a new supplier for flour for his bakery. He wants to access a platform that...
A: E-MARKET PLACE: An e-marketplace is an e-commerce website, an online marketplace that would connect...
Q: Mathematics Apportoinment A college offers tutoring in Math, English, Chemistry, and Biology. The ...
A: Given data is Number of hires affordable = 20 Students enrolled in maths = 330 Students enrolled in ...
Q: As a project manager, what are the benefits of collaborating software?
A: Collaborative software is an application tool that helps people who are working for common goals/tar...
Q: Discuss the skills required to manage successfully. Differentiate between logistics and supply chai...
A: Supply chain & logistics are usually interchangeably utilized by many of us. they tend to view t...
Q: Explain how is the Agency Theory simplistic??
A: Agency theory can be stated as the principle that is generally used to determine and conclude proble...
Q: Consider an E-R diagram in which the same entity set appears several times. Why is allowing this red...
A: Entity sets represent the tables in an ER Diagram (ERD), which is a visual representation of a datab...
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
- 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?Lemingtons is trying to determine how many Jean Hudson dresses to order for the spring season. Demand for the dresses is assumed to follow a normal distribution with mean 400 and standard deviation 100. The contract between Jean Hudson and Lemingtons works as follows. At the beginning of the season, Lemingtons reserves x units of capacity. Lemingtons must take delivery for at least 0.8x dresses and can, if desired, take delivery on up to x dresses. Each dress sells for 160 and Hudson charges 50 per dress. If Lemingtons does not take delivery on all x dresses, it owes Hudson a 5 penalty for each unit of reserved capacity that is unused. For example, if Lemingtons orders 450 dresses and demand is for 400 dresses, Lemingtons will receive 400 dresses and owe Jean 400(50) + 50(5). How many units of capacity should Lemingtons reserve to maximize its expected profit?
- 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 poundsMaxwell Manufacturing makes two models of felt tip marking pens. Requirements for each lot of pen...Maxwell Manufacturing makes two models of felt tip marking pens. Requirements for each lot of pens are given below.Fliptop Model Tiptop Model AvailablePlastic 3 4 36Ink Assembly 5 4 40Molding Time 5 2 30The profit for either model is $1000 per lot.What is the linear programming model for this problem?What are the boundary points of the feasible region?What is the profitability at each boundary point of the feasible region?Find the optimal solution.Jean Clark is the manager of the Midtown Saveway-Grocery Store. She now needs to replenish hersupply of strawberries. Her regular supplier can provide as many cases as she wants. However,because these strawberries already are very ripe, she will need to sell them tomorrow and thendiscard any that remain unsold. Jean estimates that she will be able to sell 12, 13, 14, or 15 casestomorrow. She can purchase the strawberries for $7 per case and sell them for $18 per case. Jeannow needs to decide how many cases to purchase. Jean has checked the store’s records on dailysales of strawberries. On this basis, she estimates that the prior probabilities are 0.1, 0.3, 0.4, and 0.2for being able to sell 12, 13, 14, and 15 cases of strawberries tomorrow. a. Develop a decision analysis formulation of this problem by identifying the decisionalternatives, the states of nature, and the payoff table. b. How many cases of strawberries should Jean purchase if she uses the maximin payoffcriterion? c. How…
- The aggregate demand for a product line for the next 6 months is given below. The firm has regular capacity of 120 units per month, overtime capacity for 40 more units per month, and subcontracting can supply up to 100 units per month. Month 1 2 3 4 5 6Demand 220 160 200 210 200 190Additional DataPrevious output level 150 unitsBeginning inventory 100 unitsShortage cost K250 per unit per monthInventory holding cost K100 per unit per monthRegular time cost K1200 per unitSubcontracting cost K2000 per unitOvertime cost K1500 per unitHiring workers to increase production level K200 per unitFiring workers to decrease production level K500 per unitUse the Chase Strategy and answer the following questions Using the data given If the regular capacity is increased to 210 from the current level of 120 units per month and you meet your demand by only regular time production, then answer the…The aggregate demand for a product line for the next 6 months is given below. The firm has regular capacity of 120 units per month, overtime capacity for 40 more units per month, and subcontracting can supply up to 100 units per month. Month 1 2 3 4 5 6Demand 220 160 200 210 200 190Additional DataPrevious output level 150 unitsBeginning inventory 100 unitsShortage cost K250 per unit per monthInventory holding cost K100 per unit per monthRegular time cost K1200 per unitSubcontracting cost K2000 per unitOvertime cost K1500 per unitHiring workers to increase production level K200 per unitFiring workers to decrease production level K500 per unitUse the Chase Strategy and answer the following questions. a. What is the total cost of shortagesand the cost of overtime production? b. What is the cost of subcontracting? c. What is the cost of increasing production level?Based on the following sensitivity analysis, which of the following products would be considered most sensitive to changes or errors in the objective function coefficient? Variable Cells Cell Name Final Value Reduced Cost Objective Coefficient AllowableIncrease AllowableDecrease $B$2 Product_1 0 −2 25 11 4 $B$3 Product_2 175 0 25 12 14 $B$4 Product_3 0 −1.5 25 8 5 Constraints Cell Name Final Value Shadow Price Constraint R.H.Side AllowableIncrease AllowableDecrease $H$9 Resource_A 0 0 100 1E+30 100 $H$10 Resource_B 525 0 800 1E+30 275 $H$11 Resource_C 700 1.75 700 366.6666667 700 multiple choice Product_1 Product_2 Product_3
- Based on the following sensitivity analysis, which of the following products would be considered most sensitive to changes or errors in the objective function coefficient? Variable Cells Cell Name Final Value Reduced Cost Objective Coefficient AllowableIncrease AllowableDecrease $B$2 Product_1 0 −2 25 10 5 $B$3 Product_2 175 0 25 10 14 $B$4 Product_3 0 −1.5 25 8 6 Constraints Cell Name Final Value Shadow Price Constraint R.H.Side AllowableIncrease AllowableDecrease $H$9 Resource_A 0 0 100 1E+30 100 $H$10 Resource_B 525 0 800 1E+30 275 $H$11 Resource_C 700 1.75 700 366.6666667 700 Choose the product Product 1 Product 2 Product 3Princetown paints ltd manufactures three basic types of paint. emulsion, gloss, and undercoat. using the same mixing machines and direct labour for each of the three products. the Management accountant of Princetown paints was faced with the task of arranging the weekly production for his company. information about the sale price and costs per 100 liters is given in the following table ( all figures in $). sales price per 100 liters ( emulsion 120), ( gloss 126), ( undercoat 110). variable cost per 100 liters ( emulsion 120), ( gloss 126), ( undercoat 110). direct material costs ( emulsion 11), ( gloss 25), ( undercoat 20). direct labour costs ( emulsion 30), ( gloss 36), ( undercoat 24). mixing costs ( emulsion 32), ( gloss 20), ( undercoat 36). other variable costs ( emulsion 12), ( gloss 15), ( undercoat 10). the cost of direct labour is $3 per hour and the variable cost of mixing is $4 per hour. in any one week, direct labour hours are restricted to 8000 hours and mixing machine…Wormwood, Ltd., produces a variety of furniture products. The planning committee wants to prepare an aggregate plan for the next six months using the following information.Month1 2 3 4 5 6Demand 160 150 160 180 170 140CapacityRegular 150 150 150 150 160 160Overtime 10 10 0 10 10 10Cost Per UnitRegular time $50Overtime 75Subcontract 80Inventory holding, per month 4Subcontracting can handle a maximum of 10 units per month. Beginning inventory is zero.Develop a plan that minimizes total cost. No back orders are allowed. Regular capacity = Regularproduction.