tributed across these warehouses: if some of the relevant products are maintained in Tashkent, a sub-order is sent there; likewise, if some relevant products are maintained in Samarkand, a sub-order is sent there. Afterward, the order is registered and the process completes. Draw a detailed BPMM model for this scenario
Q: 5 labor nours na 5 boxes. And the last one needs 2 of raw material and 10 of labor hours and 3…
A: Linear programming is a mathematical technique used in the fields of optimization, operations…
Q: Formulate a linear integer program that generates a feasible production plan to maximize the total…
A: Linear programming is a mathematical technique that is also used in operations management…
Q: Which employee should be assigned to Job 1 Job 2 Job 3 What is the minimum cost to complete all the…
A: An assignment problem is a technique to find the combinations of the optimal solution to the…
Q: (a) What is the implied utilization (%) for Forms/Visa? (b) What is the implied utilization (%) for…
A: Given data
Q: You are a consultant who has been engaged to advise an organization on the development of an MIS…
A: A MIS (management information system) strategy is a guide/blueprint for the development of the…
Q: J. Z. Smith is a small consulting firm specializing in implementing new information systems…
A: In this instance, everything is proceeding according to plan. Their clients are content. The issue…
Q: This exercise only contains parts b, c, d, e, and f. b) Given the demand, the cycle time for the…
A:
Q: The company produces 30 tables in this year. The manager of the company wants to increase the…
A: Productivity is the relationship between the volume of the input and output that is calculated in…
Q: Kilgore's Dell is a small delicatessen located near a major university. Kilgore's does a large…
A: a. Let W = # of servings of Wimpy to make Let D = # of servings of Dial 911 to make…
Q: Using MINIMAX REGRET Criterion, what will be your decision? and If the coefficeint of optimism is…
A: Mathematic models of decision-making help businesses take the correct decision for their operational…
Q: absenteesim relating to minor and major illness
A: Sickness absenteeism (SA) is a phenomenon that entails a work disability arising from illness or…
Q: Development of Version 2.0 of a particular accounting software product is being considered by Jose…
A: Note: - Since we can only answer the first three subparts we will answer(a, b, and c) here. Please…
Q: Is distribution a cost or a benefit? Using one example of your choice, briefly explain how a…
A: Product distribution is the last process of a supply chain and also an integral process. Companies…
Q: Person A is planning to organize a party with his friends. Since they have a tight budget, Person A…
A: Find the Given details below: Given details: Bouncy Castle Helium Tank Confetti Cannon Bubble…
Q: What is Keynesian Economics and why is it important?
A: Keynesian economics is a macroeconomic economic theory that describes overall economic expenditure…
Q: BERNARDS COMPANY LTD is a PRODUCER of fruit juices. The company has an annual demand of 150,000…
A: Annual Demand = D = 150,000 barrels Cost per barrel = C = $30 Ordering Cost = S = $400 Annual…
Q: Each supplier has a limited capacity in terms of the total number of components it can supply.…
A: Find the Given details below: Given details: Component Supplier 1 2 3 Production plan 1…
Q: Every project is constrained by three dimensions which are interrelated. Use a diagram to illustrate…
A: The three fundamental dimensions of project management are the goal, scope, and budget. Goal: -…
Q: Are there any possible savings in costs that may be realised by outsourcing that a company could…
A: When a company hires or contracts with any other external company to perform the specified tasks in…
Q: Q4. Answer the following questions (a-h), based on the provided project Gantt Chart. The red line…
A: Note: Since you have posted a question with multiple sub-parts, we will solve first four sub-parts…
Q: 9 438 18 482 a. Explain why an averaging technique would not be appropriate for forecasting. b. Use…
A: Forecasting is an important part of any business. It helps to predict future demand and production…
Q: Think of the last time you were hired for a job/training/internship/Coop/school committee. Which of…
A: Recruitment can be stated as the approach of discovering and attracting the probable assets for…
Q: A small grocery store has a single cashier lane where groceries line up to pay for their purchases.…
A: Interarrival time (a) = 3 minutes Arrival rate λ = 1a = 13×60=20 customers per hour Service time (b)…
Q: component of a linear programming nodel EXCEPT _____- decision variables O objective function
A: Decision variable:- Each linear programming model have something to minimise or maximize. Like…
Q: Give reasons as to why many professional services need that you make an appointment. Provide an…
A: Appointment refers to an act where time and place is fixed for a meeting which is usually held…
Q: Explain why it is critical to integrate product demands with production procedures.
A: Production procedures: Production procedures are defined as what kind of methods to…
Q: Analyze the nature and importance of Marketing Logistics and Supply Channel Management.
A: Distinguish between marketing logistics and integrated supply chain management and explain the…
Q: GENERATE THE DECISION VARIABLE SOLUTION AND GENERATE A SENSITIVITY REPORT 1. Southern Sporting Goods…
A:
Q: XYZ Print Inc. uses plain paper for copying needs. Weekly demand for that paper follows a normal…
A: The expected on-hand inventory is the amount of product that a business anticipates needing in the…
Q: It is of the utmost importance to educate customers on the best ways to defend themselves against…
A: Session hijacking is as the term suggests. A user in a session can be hijacked by an attacker and…
Q: Consider the transportation table below. (a) Use the Northwest-Corner Method, the Least-Cost Method…
A: Find the given details below: Given details: Factory Warehouse A B C D Supply 1 4 7 7 1…
Q: What exactly is an evaluation plan?
A: As the roadmaps are used to facilitate the progress in the journey, same as the evaluation plan…
Q: (a) What is an estimate of the proportion defective when the process is in control? (b) What is the…
A: Control charts are also known as process-behavior charts. It is a statistical process that helps in…
Q: Evaluate the ways in which time and quality can affect the cost of a project
A: Time: earlier the time taken for construction of a project better it is because the project can be…
Q: Inc. of trade names. However, does not manu every component used in its products. Several ures home…
A: Given data: Producer's risk of 0.10 when Po= 0.05 Consumer's risk of 0.20 when P1 =0.30 Sample size…
Q: s false regarding control charts? Select one: a. Control charts that have values above the upper…
A: Option a is false Control charts that have values above the upper control limits imply that…
Q: x1 + x2 ≤30 300 ≤5x1 + 6x2 x1 ≥0, x2 ≥0. From the given constraint above, provide the following a.…
A: Linear programming is a mathematical technique that is also used in operations management…
Q: The supply chain includes not only distribution channels but also the suppliers who deliver raw…
A: The supply chain is the series of processes that a product goes through from the time it was created…
Q: Read this excerpt from a speech: Well, children, where there is so much racket there must be…
A: d) sarcastic
Q: Is there a connection between supply chain KPIs and the activities that drive those data?
A: Supply chain KPIs:- Supply Chain Key Performance Indicators (KPIs) are metrics used to measure and…
Q: A company produces two types of tables, T1 and T2. It takes 2 hours to produce the parts of one unit…
A:
Q: 1. Formulate a linear programming model for Angela and Zooey that will help them estimate the number…
A: Linear programming is a mathematical technique that is also used in operations management…
Q: James Beerd bakes cheesecakes and Black Forest cakes. During any month, he can bake at most 65…
A:
Q: How much profit would she make at the optimum combination of resources?
A: Linear programming is a mathematical technique that is also used in operations management…
Q: XYZ, Inc., is a small firm that produces a variety of chemical products. In a particular production…
A: “Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…
Q: ABC Company is planning to stock its product which is classified as an inventory item. The company…
A: Given data is Annual demand(D) = 16200 units Carrying cost(H) = 0.28×730=P204.4 Order cost(S) = P220
Q: Formulate a linear programming model for Mossaic Tiles, Ltd., and determine the mix of tiles it…
A: Linear programming is a mathematical technique that is also used in operations management…
Q: According to MM Model, total value of firm is Decreases with the decreases in WACC Constant None of…
A: According to this approach the total cost of capital of a particular firm is independent of its…
Q: explain in detail what is an operation strategy
A: Strategy:- Managers use strategy to accomplish one or more of the organization's goals. A overall…
Q: Lauren Moore has sold her business for $500,000 and wants to invest in condominium units (which she…
A: As mentioned in the question, the decision variables will be x1 and x2. x1 = Units of condominium…
A company has two warehouses that store different products: Tashkent and Samarkand. When an order
is received, it is distributed across these warehouses: if some of the relevant products are maintained in
Tashkent, a sub-order is sent there; likewise, if some relevant products are maintained in Samarkand, a
sub-order is sent there. Afterward, the order is registered and the process completes. Draw a detailed
BPMM model for this scenario
Step by step
Solved in 2 steps with 2 images
- The Tinkan Company produces one-pound cans for the Canadian salmon industry. Each year the salmon spawn during a 24-hour period and must be canned immediately. Tinkan has the following agreement with the salmon industry. The company can deliver as many cans as it chooses. Then the salmon are caught. For each can by which Tinkan falls short of the salmon industrys needs, the company pays the industry a 2 penalty. Cans cost Tinkan 1 to produce and are sold by Tinkan for 2 per can. If any cans are left over, they are returned to Tinkan and the company reimburses the industry 2 for each extra can. These extra cans are put in storage for next year. Each year a can is held in storage, a carrying cost equal to 20% of the cans production cost is incurred. It is well known that the number of salmon harvested during a year is strongly related to the number of salmon harvested the previous year. In fact, using past data, Tinkan estimates that the harvest size in year t, Ht (measured in the number of cans required), is related to the harvest size in the previous year, Ht1, by the equation Ht = Ht1et where et is normally distributed with mean 1.02 and standard deviation 0.10. Tinkan plans to use the following production strategy. For some value of x, it produces enough cans at the beginning of year t to bring its inventory up to x+Ht, where Ht is the predicted harvest size in year t. Then it delivers these cans to the salmon industry. For example, if it uses x = 100,000, the predicted harvest size is 500,000 cans, and 80,000 cans are already in inventory, then Tinkan produces and delivers 520,000 cans. Given that the harvest size for the previous year was 550,000 cans, use simulation to help Tinkan develop a production strategy that maximizes its expected profit over the next 20 years. Assume that the company begins year 1 with an initial inventory of 300,000 cans.At the beginning of each week, a machine is in one of four conditions: 1 = excellent; 2 = good; 3 = average; 4 = bad. The weekly revenue earned by a machine in state 1, 2, 3, or 4 is 100, 90, 50, or 10, respectively. After observing the condition of the machine at the beginning of the week, the company has the option, for a cost of 200, of instantaneously replacing the machine with an excellent machine. The quality of the machine deteriorates over time, as shown in the file P10 41.xlsx. Four maintenance policies are under consideration: Policy 1: Never replace a machine. Policy 2: Immediately replace a bad machine. Policy 3: Immediately replace a bad or average machine. Policy 4: Immediately replace a bad, average, or good machine. Simulate each of these policies for 50 weeks (using at least 250 iterations each) to determine the policy that maximizes expected weekly profit. Assume that the machine at the beginning of week 1 is excellent.Best-ride airlines that operates seven days a week has the following time-table. Delhi - Mumbai Mumbai - Delhi Flight No Departure Arrival 1 7.00 8.00 2 8.00 9.00 3 13.00 14.00 4 18.00 19.00 Flight No Departure Arrival 101 8.00 9.00 102 9.00 10.00 103 12.00 13.00 104 17.00 18.00 Crews must have a minimum layover of 5 hours between flights. Obtain the pairing of flights that minimizes layover time away from home. For any given pairing, the crew will be based at the city that results in the smaller layover. For each pair also mention the city where crew should be based.
- FRUIT COMPUTER COMPANY Fruit Computer Company manufactures memory chips in batches of ten chips. From past experience, Fruit knows that 80% of all batches contain 10% (1 out of 10) defective chips, and 20% of all batches contain 50% (5 out of 10) defective chips. If a good (that is, 10% defective) batch of chips is sent to the next stage of production, processing costs of $4000 are incurred, and if a bad batch (50% defective) is sent on to the next stage of production, processing costs of $16000 are incurred. Fruit also has the alternative of reworking a batch at a cost of $4000. A reworked batch is sure to be a good batch. Alternatively, for a cost of $400, Fruit can test one chip from each batch in an attempt to determine whether the batch is defective. QUESTIONS 1.Determine a strategy so Fruit can minimize the expected total cost per batch. 2.Compute the EVSI and EVPI.50-Step Assembly Line Consider an assembly line with 50 steps that are carried out sequentially. Each of the 50 steps has a defect probability of 1%. The final product produced on the assembly line is defective if any one of the 50 steps made a defect. At the end of the assembly line there are two operators independently inspecting the product. Each of them is recognizing a defective product with a 90% probability. Assuming that the product is not defective, it is moved to the shipping department. Otherwise, the product is scrapped. Probability that a defective product is produced (independent of the defect being found or not) (in decimal form): What is the probability that a defective product is moved to the shipping department?: You are employed by Univeristy of Gujrat , a university that provides a range of training and education, including Computing, and Information & Communication Technology (ITC). The Head of Department of ITC, Mr Rumi, has discovered that on more than one occasion recently a computer virus has been introduced to the computers in the department. He thinks that the viruses have been introduced from computer disks brought in by students. He has decided to introduce a system where all disks used in the department must be checked for a virus before they can be put into the computers. He says to you, I would like you to send a memo in my name to all teachers who use the computer rooms. You will have to tell them that all disks brought in by students must be checked before there are used. The teachers have to check them carefully, of course. We have got to stop these viruses being introduced before they cause serious problems. Oh yes, reminds them to lock up the rooms when they leave.…
- Alice, Wonder, and Land are freshmen under the marketing management program. Every month, they purchase a piece of Panda ballpen. The price of the ball pen is Php9.50.According to a recent survey, 45% of the marketing freshmen have the samepurchasing behavior as Alice, Wonder, and Land. Another 30% also purchase Panda ballpens regularly at the same price; however, they purchase once every 2 weeks. There are approximately 280 freshmen under the marketing management program. Assuming that the behavior is consistent throughout their 4-year stay in the program, what is the approximate projected revenue that can be generated from the marketing freshmen for the entire duration of their stay in the program?A company is considering three vendors for purchasing a CRM system: Delphi Inc., CRM International, and Murray Analytics. The costs of the system are expected to depend on the length of time required to implement the system, which depends on such factors as the amount of customization required, integration with legacy systems, resistance to change, and so on. Each vendor has different expertise in handling these things, which affect the cost. The costs (in millions of $) are shown below for short, medium, and long implementation durations. Use the Excel template Decision Analysis to identify what vendor to select. Decision Alternative Short Medium Long Delphi Inc. $4.20 $4.50 $5.75 CRM International $3.30 $5.50 $6.25 Murray Analytics $4.90 $5.20 $5.65 Fill in the table below for maximum and minimum costs under each alternative. Carry out an analysis considering costs as negative numbers. Round your answers to the nearest cent. Decision Alternative Maximum Minimum…A company is considering three vendors for purchasing a CRM system: Delphi Inc., CRM International, and Murray Analytics. The costs of the system are expected to depend on the length of time required to implement the system, which depends on such factors as the amount of customization required, integration with legacy systems, resistance to change, and so on. Each vendor has different expertise in handling these things, which affect the cost. The costs (in millions of $) are shown below for short, medium, and long implementation durations. Use the Excel template Decision Analysis to identify what vendor to select. Decision Alternative Short Medium Long Delphi Inc. $4.20 $4.50 $5.75 CRM International $3.30 $5.50 $6.25 Murray Analytics $4.90 $5.20 $5.65 Fill in the table below for maximum and minimum costs under each alternative. Carry out an analysis considering costs as negative numbers. Round your answers to the nearest cent. Decision Alternative Maximum Minimum…
- A company is considering three vendors for purchasing a CRM system: Delphi Inc., CRM International, and Murray Analytics. The costs of the system are expected to depend on the length of time required to implement the system, which depends on such factors as the amount of customization required, integration with legacy systems, resistance to change, and so on. Each vendor has different expertise in handling these things, which affect the cost. The costs (in millions of $) are shown below for short, medium, and long implementation durations. Use the Excel template Decision Analysisto identify what vendor to select. Decision Alternative Short Medium Long Delphi Inc. $4.00 $4.80 $8.40 CRM International $5.00 $5.75 $7.15 Murray Analytics $4.25 $5.90 $6.30 Fill in the table below for maximum and minimum costs under each alternative. Carry out an analysis considering costs as negative numbers. Round your answers to the nearest cent. Decision Alternative Maximum Minimum…The sales department clerk receives a customer orders from the customers and prepares a three-part sales order. The three copies are sent to the credit department for approval, where the clerk reviews the Customer Credit Records. After approval, the credit department clerk returns one copy of the sales order to the Sales Department, where it is reviewed and filed. The remaining two copies are sent to the warehouse. The Warehouse clerk picks the goods from the shelves and sends them along with one copy of the sales order to the shipping department. The third copy of the sales order is filed in the warehouse. Upon receipt if the goods, the shipping clerk prepares a shipping notice and sends the goods and one copy of the sales order to the customer. The clerk then sends the shipping notice to the Billing Department. Upon receipt of the shipping notice the billing clerk updates the customer’s account receivable and files the shipping notice in the department. Required Prepare a system…Global Logistics needs to rent space for storing product for the next three years. The following information regarding the demand and spot price is available. Current demand for the product is 150,000. Historically, Global Logistics has required 1500 square feet to store 1500 units of the product. Demand for the product can go up by 20% with a probability of 0.7 or down by 20% with a probability of 0.3. Global Logistics can sign a three-year fixed lease to rent 150,000 square feet of space at $1.00 per square foot per year. The firm may also choose to obtain warehousing space on the spot market. The current spot market price is $1.20 per square foot per year. The spot price can go up by 10% with a probability of 0.8 and can decrease by 10% with a probability of 0.2. The firm receives a revenue of $1.22 for each unit of demand. a) Create a decision tree showing period 0, 1 and 2 for the scenario described above. b) Calculate the NPV for the option when the firm decides to sign a…