Required information Milford Industries provides medical equipment to oncology and surgical units in major hospitals. Milford allocates indirect costs to five departments and redistributes the IDC for Quality Assurance and Engineering to the other three departments monthly. The table summarizes IDC allocation and direct labor (DL) hours for one month. Department Production Subassemblies Final assembly Quality assurance Engineering IDC Allocation, $ 30,000 20,000 10,000 8,500 26,000 NOTE: This is a multi-part question. Once an answer is submitted, you will be unable to return to this part. Production = $ 54.54 Subassemblies = $1 Final assembly = $ 18.18 Actual DL Hours 550 1050 650 Determine the IDC redistribution for each of the three departments. The IDC redistribution is as follows: 36.36
Q: Question 3: The SCO Company serves lunch in a local school. In January, a survey was conducted by…
A: Chart: The P chart is suitable for this data. A P chart is used to monitor the proportion of…
Q: A service blueprint is best defined as: a process flowchart a process flow chart…
A: A service blueprint is best characterized as an outline that pictures connections between…
Q: The following information was gained from an interview with the Managing Director (MD) of Diamond…
A: In an interview, the Managing Director (MD) of Diamond Business Offices, a provider of comprehensive…
Q: time available for the month. What combination of printers should be produced to maximize profits?
A: For the given data, LP formulation is provided below, Decision variables: The total quantity for…
Q: Indicate over what range, each of the alternatives A, B, C is the low-cost choice.
A: Here, for each location, I have been given the fixed cost and the variable cost, I would determine…
Q: You are responsible for receiving, maintaining, and supporting the beneficiary for the duration of…
A: For getting, maintaining, and supporting a beneficiary during their temporary stay in the US, it is…
Q: Which of the following is NOT part of a strategic plan? Actions Timescales Impact…
A: Strategic planning is the process of developing a long-term plan of action for an organization to…
Q: Then what should be the Stratic assessment: Need help on this Strategic Assessment: • Should be…
A: The project brief for Jimmy Jonas Famous Sandwiches (JJFS), a sandwich business that has lately seen…
Q: Suppose that the queueing system under consideration fits the M/M/s model with λ = 8 customers per…
A: Find the Calculation methods below: ρ (Single server) = λμρ (multiple server) = λ(μ*s)Total cost =…
Q: What distinguishes production processes from service systems in their setup and operation?
A: There are following distinguishes of production processes from service systems in their setup and…
Q: There are four products currently in the Asia Performance segment, and they have the following…
A: Here, for each product, I have been given the customer satisfaction score, this score is mentioned…
Q: Formulate but do not solve the problem. The management of a private investment club has a fund of…
A: Given data: The amount invested in high risk stocks = x The amount invested in Medium risk stocks =…
Q: An airline company must plan its fleet capacity and long-term schedule of aircraft usage. For one…
A: Given- Average no. of customers = 70 customers per dayUtilization rate = 65%Future demand = 84…
Q: time available for the month. What combination of printers should be produced to maximize profits?
A: For this problem, I would setup the LP formulation, Assembly time: 2.9×X1+3.7×X2+3×X3≤3600 Decision…
Q: What is benchmarking actually, and how does it operate?
A: Benchmarking is process of comparing performance, practices, and processes of organization with…
Q: You are the store manager at a large furniture store. One of your products is a study desk. Weekly…
A: Since you have posted a question with multiple sub-parts, we will solve first three sub- parts for…
Q: You are to write an article titled "Here, There, and Everywhere" on the firm FOUR ACES, which…
A: Four Aces is a leading supplier of building materials, offering a wide range of products to…
Q: Is there a difference between managing quality and making sure it's good?
A: Yes, there is difference between managing quality and making sure it's good. Managing quality is…
Q: What is the theoretical minimum number of workstations using the cycle time computed in” b “ above?…
A: Here, for the given dataset, I would determine the total tasks time, I would also draw up the…
Q: Discuss the four (4) potential issues namely (a) Marketing Issues, (b)Financial & Accounting Issues…
A: To address these four potential issues within the strategic implementation, the group should conduct…
Q: Discuss project monetization and regulation.
A: In its broadest sense, monetization is the transformation of an asset into monetary value. This word…
Q: The Florida Company was flooded by a Hurricane and somehow lost part of their forecasting data. The…
A: Forecasting is the process of making predictions about future occasions or trends in light of…
Q: a. Determine the S UCL and LCL for a c-chart with 2-2. (Leave no cells blank. Round up any negative…
A: Here, each sample has the data of irregularities, I would determine the C bar value, Sc, UCL, and…
Q: Problem 1 Consider the following LP: min 5x₁ + 4x2 s.t. x₁ + x₂ ≥ 1 2x1 - x₂ ≥ 1 3x2 ≤ 2 x1, x₂ > 0.…
A: Given LP- Min Z= 5x1+ 4x2Subject to-x1+ x2≥12x1- x2≥13x2≤2x1,x2≥0
Q: which of these SMA tools are suitable for "Identifying and assessing strategic options" life cycle…
A: The following SMA tools are suitable for the specified purpose: For "Identifying and assessing…
Q: can you please assist with teh following questions. Assume that your class group has been selected…
A: Being a part of the FAO Funded Aquaponics project team is at risk for ensuring that the aquaponic…
Q: d. What is the theoretical minimum number of workstations using the cycle time computed in” b “…
A: Project schedule helps in calculating different values all related to the production cycle like the…
Q: Problem 1: For the network given below, (a) Draw the bar chart, resource histogram, and cumulative…
A: Find the network diagram below: Calculation methods: Early Start -- For the first activity Early…
Q: The major automakers aim to invest millions on electric car product and manufacturing process…
A: A significant transition towards electric cars (EVs) is being made in the automobile sector due to…
Q: Formulate an optimization model (decision variables, objective function, and constraints) to help…
A: In this question, very first I would formulate the LP or optimization model, then I would solve this…
Q: SOCAR is a rental car company based in Malaysia. Currently, the Johor Bahru and Penang branches have…
A: Find the Given details below: Given details: Malacca Port Dickson Kuala Lumpur Putrajaya…
Q: : In your own words explain why “Quality Programs” such as Six Sigma; Total Quality Management;…
A: Strategy refers can be defined as the drawn-out game plan designed to accomplish a specific goal or…
Q: Mueller & Associates is a urban planning firm that is designing a new public park in an Omaha…
A: Given-
Q: What are some additional ways that may be utilized to increase the efficacy of service delivery?
A: Businesses that provide services face stiff competition and must find ways to differentiate…
Q: Customers arrive at a single-server queueing system according to a Poisson process at a mean rate of…
A: The proportion of time during which nobody is waiting to be served refers to the fraction of time…
Q: Describe what benchmarking is and how it works.
A: Benchmarking is process comparing organization's performance, processes, practices with those of…
Q: How are project scheduling models defined?
A: Project scheduling models are methods and techniques used to plan, organize, and manage the…
Q: Measurement data have a high when the variation of measurements between operators is small. (a)…
A: Reproducibility is correct option because it has a ability to get same result when a measurement is…
Q: The number of patients coming to the Healthy Start Maternity clinic has been increasing steadily…
A: Modeling the connection between a dependent variable and a set of independent variables is the goal…
Q: Describe how THE PROCESS DIAGRAM BELOW they could be improved and make recommendations for their…
A: Operational customer service managers assume a basic part in guaranteeing that businesses give…
Q: The failure of the baggage system at Denver International Airport may have been the result of sloppy…
A: The question requests an example to demonstrate how ineffective project management might lead to…
Q: Find the expected EUAW from the cost data provided in the table below for an equipment being…
A: Given: MARR = 8% Annual benefit (A) = 20000 Salvage value = 10% of initial cost
Q: Data: D = 7000 flyers, Q = 500 flyers S = $100, k = 28%, C = $2, number of days/year = 350 days…
A: Given the data stated below, the Annual demand is 7000 flyers, and the current order quantity is 500…
Q: List and briefly describe the five risk management approaches.
A: As per the Q, I would list and describe the five risk management approaches, these points are…
Q: 2. Complete Network Table Activity Predecessor Normal time Normal cost Crash time Crash cost…
A: Forward Pass:Early Start (ES) = Max EF value from immediate Predecessor(s)Early Finish (EF)= ES +…
Q: Give an overview of agile methods based on yearly surveys and agile product vendor surveys?
A: Agile methods are an iterative and collaborative approach to software development that prioritizes…
Q: kareem is making a fruit salad made up of strawberries and bananas in a ratio of 5:3. how many cups…
A: If the ratio of strawberries to bananas in the fruit salad is 5:3, then we can say that for every 5…
Q: Name and describe three "needs" that you believe may be satisfied by 3D printing. Where would you…
A: Three needs that can be satisfied by 3D printing from an operations management perspective are:…
Q: Visions are the "components" of successful projects. What's the point?
A: Visions can be important components of successful projects because they provide a clear and…
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
- XYZ Limited is a clothing wholesaler that sells the name-brand clothing to department stores andboutique dress shops. Figure on Page No 4 describes the credit sales procedures of XYZ Limited.In particular, the Figure describes different business activities of four departments, including (1)Sales Department, (2) Accounting Department, (3) Warehouse/Shipping, and (4) Mailroom.Further, these activities are elaborated below.The sales department received the customer orders by fax and email. You should be aware thatthese sales orders are usually unstandardised sales order (recall our discussion on the revenue Page 3 of 9cycle during the interactive tutorial for week 4). The sales clerk, who works on commission,performs the following tasks:• approves the credit sales,• calculates commission and discounts, and• records the sales in the sales journal from the PC in the sales department.After entering these records, the sales clerk then prepares three documents, including (1) a salesorder, (2)…A goldsmith makes two types of jewelry. A model A ring is made with 1 g of gold and 1.5 g of silver and sells for 25 UM.Another model B ring sells for 30 UM and is made of 1.5 g of gold and 1 g of silver. If you only have 750 gof each metal, how many rings should be made of each type to obtain maximum profit?Requested:- Make Initial Table of the problem.- Obtain the Case Variables- Obtain the Objective Function- Get Restrictions- Create the Simplex Table- Obtain the Optimal Solution and the Slack Variables.Solve this operational research exercise.Homework #2 (about 700 words): Read the attached paper and watch the following webinar presentation on a sustainability mindset. Then answer the following two questions: https://southernct.blackboard.com/bbcswebdav/pid-2700856-dt-content-rid-38030675_1/xid-38030675_1. Kassel, K., Rimanoczy, I., & Mitchell, S. F. (2018). A sustainability mindset model for management education. In Developing a sustainability mindset in management education (pp. 3-37). Routledge. Link: Session #46 Isabel Rimanoczy: “What is the Sustainability Mindset?” https://www.youtube.com/watch?v=3_VVc9kLnUs Provide your own definition of (a) sustainability and (b) sustainable business in your own words. Briefly describe the sustainability mindset proposed by Kassel et al. (2018). According to Rimanoczy (2021), why do we have to learn about the sustainability mindset?
- Nice-Fit is a (fictional) small business producing outfits for costume parties and specialoccasions. Custom designs can be tailored to a customer’s request. Tom and Ann are theowners of the company and source all the fabric, design the outfits and make the costumesthemselves. Tom and Ann keep spreadsheets with information on the material purchased andcostumes made, but they find it difficult to keep track of their products, raw materials, andsales. The raw materials are supplied from a fabric company in India, and the production takesplace in a manufacturing company in China. The clothing is sold at local weekend markets,sold, or rented through costume hire shops, and sold at their physical store. Tom and Annreceive a small percentage of the sales and rentals of their costumes from the hire shops.They have no information on customers other than those who request custom designsdirectly from them. In 2020, the Covid-19 pandemic had a major impact on global economies,businesses and how we…The following data pertain to the Oneida Restaurant Supply company for the year just ended. Budgeted sales revenue $205,000 Actual manufacturing overhead $340,000 Budgeted machine hours (based on capacity) 10,000 Budgeted direct-labor hours ( based on capacity) 20,000 Budgeted direct-labor rate $14 Budgeted manufacturing overhead $364,000 Actual machine hours 11,000 Actual direct-labor hours 18,000 Actual direct-labor rate $15 Compute the firm's predetermined overhead rate for the year using each of the following common cost drivers: a) machine hours, b) direct-labor hours, and c) direct-labor dollars.The Pampered Pet Kennels Company provides room and board for dogs and cats. The manager must mix up pet food everyday for the animals; the food must meet the following standards: Protein At least 6% Fat At most 10% Upon checking the supplies, one day, the manager found that he has the following quantities on hand: Protein Fat Cost/ kilogram Beef stock 10% 20% P 6.00 Flour 5% 5% P 2.00 Formulate the linear programming model to determine how much of each ingredient the manager should mix up to feed the guests today.
- XYZ Limited is a clothing wholesaler that sells name-brand clothing to department stores and boutique dress shops. The Figure at the end of this question describes the credit sales procedures of XYZ Limited. In particular, the Figure describes different business activities of four departments including (1) Sales Department, (2) Accounting Department, (3) Warehouse/Shipping, and (4) Mailroom. Further, these activities are elaborated below. The sales department received the customer orders by fax and email. You should be aware that these sales orders are usually unstandardised sales orders. The sales clerk, who works on commission, performs the following tasks: approves the credit sales, calculates commission and discounts, and records the sales in the sales journal from the PC in the sales department. After entering these records, the sales clerk then prepares three documents, including (1) a sales order, (2) a customer invoice, and (3) a packing slip. These documents are…The Mystic Coffee Shop blends coffee on the premises forits customers. It sells three basic blends in one-pound bags:Special, Mountain Dark, and Mill Regular. It uses four dif-ferent types of coffee to produce the blends: Brazilian,mocha, Colombian, and mild. The shop used the followingblend recipe requirements:The cost of Brazilian coffee is $2.00 per pound, the cost ofmocha is $2.75 per pound, the cost of Colombian is $2.90per pound, and the cost of mild is $1.70 per pound. Theshop has 110 pounds of Brazilian coffee, 70 pounds ofmocha, 80 pounds of Colombian, and 150 pounds of mildcoffee available per week. The shop wants to know theamount of each blend it should prepare each week in orderto maximize profit.Formulate and solve a linear programming model forthis problem.The Westerbeck Company manufactures several models of automatic washers and dryers. The projected requirements over the next year for their washers are shown in the table below: Month & Requirement January - 710 February - 1090 March - 880 April - 690 May - 1400 June - 1130 July - 1550 August - 1020 September - 530 October - 390 November - 980 December - 1210 Current inventory is 140 units. Current capacity is 1,030 units per month. The average salary of production workers is $1,150 per month. Material costs $140/unit. Each production worker accounts for 35 units per month. Overtime is paid at time and a half. Any increase or decrease in the production rate costs $40/unit for tooling, setup, and line changes. This does not apply, however, to overtime. Inventory-holding costs are $30 per unit per month. Lost sales are valued at $70 per unit. Compare the costs of level and chase demand production plans using the Agg Plan – Level and Agg Plan – Chase…
- The cost data for Evencoat Paint for the year 2019 is as follows: Month Gallons ofPaintProduced EquipmentMaintenanceExpenses January 110,000 $70,700 February 68,000 66,800 March 71,000 67,000 April 77,000 68,100 May 95,000 69,200 June 101,000 70,300 July 125,000 70,400 August 95,000 68,900 September 95,000 69,500 October 89,000 68,600 November 128,000 72,800 December 122,000 71,450 A. Using the high-low method, express the company’s maintenance costs as an equation where x represents the gallons of paint produced. Then estimate the fixed and variable costs. Fixed cost $ Variable cost $Edwards Manufacturing Company purchases two component parts from three different suppliers. The suppliers have limited capacity, and no one supplier can meet all the company’s needs. In addition, the suppliers charge different prices for the components. Component price data (in price per unit) are as follows: Supplier Component 1 2 3 1 $13 $14 $15 2 $11 $12 $11 Each supplier has a limited capacity in terms of the total number of components it can supply. However, as long as Edwards provides sufficient advance orders, each supplier can devote its capacity to component 1, component 2, or any combination of the two components, if the total number of units ordered is within its capacity. Supplier capacities are as follows: Supplier 1 2 3 Capacity 400 800 600 If the Edwards production plan for the next period includes 800 units of component 1 and 600 units of component 2, what purchases do you recommend? That is, how many units of each component should be…A. Write a document with the following information: 1. What do you expect your job to pay when you start? 2. What benefits are musts for you? 3. What benefits would you like to have even though they are not musts? 4. Include the graph you generate in step B below. B. Create a spreadsheet and a graph of life vs funds For each year of your remaining life specify the amount you plan to save/invest/withdraw that year and how much you expect that amount to increase during the year (base on actual data – typical savings interest rate, typical stock market interest rate, typical CDs, typical…). Calculate how much your funds will increase/decrease over your life and create a life (x-axis) vs funds (y-axis) plot.