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- Q1: The Martin-Beck Company operates a plant in St. Louis with an annual capacity of 30,000 units. Product is shipped to regional distribution centers located in Boston, Atlanta, and Houston. Because of an anticipated increase in demand, Martin-Beck plans to increase capacity by constructing a new plant in one or more of the following cities: Detroit, Toledo, Denver, or Kansas City. The estimated annual fixed cost and the annual capacity for the four proposed plants are as follows: Proposed Plant Annual Fixed Cost Annual Capacity Detroit $175,000 10,000 Toledo $300,000 20,000 Denver $375,000 30,000 Kansas City $500,000 40,000 The company’s long-range planning group developed forecasts of the anticipated annual demand at the distribution centers as follows: Distribution Center Annual Demand Boston 30,000 Atlanta 20,000 Houston 20,000 The shipping cost per unit from each plant to each distribution…15. Global companies that deal with the political and financial risks of conducting business in a particular foreign location face which of the following type of risk? a. Country risk b. Principal risk c. Interest rate risk d. Commodity price risk 16 The benefits of a just-in-time system for raw material usually includes a. Elimination of non-value adding operations b. Increase in the number of suppliers, thereby ensuring competitive bidding c. Maximization of the standard delivery quantity, thereby lessening the paperwork for each delivery d. Decrease in the number of deliveries required to maintain production 17. A city regulation that freezes apartment rent prices is most likely to cause a. The demand curve for apartment rentals to fall b. The supply curve for apartment rentals to rise c. The quantity demanded of apartment rentals to exceed the quantity supplied d. The quantity supplied of apartment rentals to exceed the quantity demanded 18. Which of the following is not…PROBLEM 8 Jim Huang and Roderick Wheeler were sales representatives in a computer store at a shopping mall in Arlington, Virginia, when they got the idea of going into business in the burgeoning and highly competitive microcomputer market. Jim went to Taiwan over the summer to visit relatives and made a contact with a new firm producing display monitors for microcomputers, which was looking for an East Coast distributor in America. Jim made a tentative deal with the firm to supply a maximum of 500 monitors per month and called Rod to see if he could find a building they could operate out of and some potential customers. Rod went to work. The first thing he did was send bids to several universities in Maryland, Virginia, and Pennsylvania for contracts as an authorized vendor for monitors at the schools. Next, he started looking for a facility to operate from. Jim and his operation would provide minor physical modifications to the monitors, including some labeling,…
- Qn1. Find the optimal solution to the transportation problem using MODI method. Warehouses Supply WI W2 W3 W4 P1 19 30 50 12 Plants 5. 2. P2 70 30 40 60 P3 40 10 60 20 3. 15 Demand 4)Here is the initial tableau (by the NorthWest method) of a Min transportation problem. 1 2 3 Demand 19 Dual(v) 1 15 9 S1: 11 10 14 0 S2: 0 S3: B 0 B 3 N 15 Demanders 2 8 0 9 12 188 15 9 21 5 N 0 B 0 B 13 10 8 8 20 3 0 20 -4 N -6 N 0 B 17 7 5 4 0 0 1 -14 N -8 N 0 B Supply Dual(u) 0 (188 188 188 188 Using the Loop method fill in the values of the next tableau Each 2x2 matrix is the relevant square in the tableau. 9 (For grading convenience, in bottom right corner of each box use 1 for "B" and 0 for "N") 22 188 188 188 30 -4 2V3 Supply 1 10 U₁ 4 20 112 4 2 30 U3 Demand 15. 20 25 Find a basic feasible solution, by using - Northwest corner method. Check if the initial solution is optimal if not find it, by using method of A) B) multipliers 153 23212 V1
- Quezon City U-Belt 98,000(UP – 23,757; Miriam – 7,000; Ateneo – 14,206; Others – 53,037)The data of the SUV ownership is as follows:UP 30% (Toyota 20% + Mitsubishi 10%)Miriam 60% (Toyota 40% + Mitsubishi 20%)Ateneo 80% (Subaru 60% + Toyota 20%)What is the total brand penetration of Toyota SUVs in QC U-Belt?What is the penetration share of Toyota in the QC U-belt?The creation of the has resulted in and O U.S. land bridge, greater price reductions, faster deliveries, and less risk from perils of the sea. O U.S. land bridge, greater shipment safety, faster deliveries, and less risk from government restrictions on imports O U.S. interstate highways, greater shipment safety, faster deliveries, and less risk from perils of the sea. O U.S. land bridge, greater shipment safety, faster deliveries, and less risk from perils of the sea.Q5: A machine shop makes two products A and B. product A can be made with two options A1, and A2, while product B is available in three options B1, using an appropriate combination of three machines which can be used in any order. The production contract requires that 60 units of item A and 85 units of item 8 to be produced per week. The situation is summed in the table below. Formulate to maximize the profit. Product A B Options A1 A2 B1 B2 B3 Machine average time hr/week Unit production time on machine no. (hr) Mach.2 Mach.3 0.2 0.2 Mach.1 0.5 0.4 0.4 38 0.4 0.3 0.6 31 - 0.3 0.3 34 Profit $ 2 2.5 2544
- Q3)) A firm has established a distribution network for the supply of a raw material critical to its manufacturing Currently there are three origins for this raw material, which must be shipped to three manufacturing plants. The current network has the following characteristics: Origin 1 Origin 2 Origin 3 DEMAND Plant 1 $7 $10 Plant 2 $5 $7 $8 45 Plant 3 $2 $3 SUPPLY 30 40 50 120/120 $3 $9 35 40 (a) Calculate a solution using the northwest-corner rule. Calculate the cost of this solution. (b) Calculate the solution using intuitive lowest cost method. Calculate the cost of this solution. (c) Using the solution in (c), calculate improvement indices, iterate once. Can you achieve a better solution? If yes, what is the cost of this solution?EX2-7 (Algo) The Custom Bike Company... The Custom Bike Company has set up a weighted scoring matrix for evaluation of potential projects. Following are five projects under consideration. Criteria Weight Project 1 Project 2 Project 3 Project 4 Project 5 Project 1 Project 2 Project 3 Project 4 Project 5 Strong sponsor 2 2 4 6 = 10 8 Supports business Which project would you choose first? strategy 3 3 5 4 2 0 10% of sales from Urgency new products Competition Fill market gap 1 4 0 2 1 1 7 Using the scoring matrix above, what score would you give to each project? 3 2 5 1 8 5 7 6 10 1 10 1 5 6 6 1 11. Consider the following transportation tableau with three origins and three destinations. To From Windhoek Gobabis Walvis Bay Supply Rundu 4 10 6 100 Oshakati 8 16 6 300 Katima Mulilo 14 18 10 300 Demand 200 300 200 Required Marks Sub total Total Use the Vogel Approximation method (VAM) to find an initial feasible solution? 20 20 To