Up, Up, and Away is a producer of kites and wind socks. Relevant data on the bottleneck operation in the shop for the upcoming facal year are given in the following table Wind Socks 10,000 units/year 70 units 08 hourunt 40 hours/fot Hem Demand forecast Lot size Standard processing time Standard setup time Kites 32,000 units/year 25 units 0.4 hourfunt 3.0 hourslot The shop works two shifts per day, 8 hours per shift, 210 days per year. Currently, the company operates four machines, and desires a 25 percent capacity cushion How many machines should be purchased to meet the upcoming year's demand without resorting to any short-term capacity solutions? The number of additional machines required is (Enter your response rounded up to the next whole number)
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- Up, Up, and Away is a producer of kites and wind socks.Relevant data on a bottleneck operation in the shop for theupcoming fiscal year are given in the following table:Item Kites Wind SocksDemand forecast 30,000 units/year 12,000 units/yearLot size 20 units 70 unitsStandard processing time 0.3 hour/unit 1.0 hour/unitStandard setup time 3.0 hours/lot 4.0 hours/lotThe shop works two shifts per day, 8 hours per shift, 200 daysper year. Currently, the company operates four machines,and desires a 25 percent capacity cushion. How many ma-chines should be purchased to meet the upcoming year’s de-mand without resorting to any short-term capacity solutions?Professor Cook teaches operations management at StateUniversity. She is scheduled to give her class of 35 students a final exam on the last day of exam week, and she is leav-ing town the same day. She is concerned about her ability to finish grading her exams. She estimates that with every-thing else she has to do she has only five hours to grade the exams. From past experience she knows the first exam will take her about 12 minutes to grade. She estimates her learn-ing curve to be about 90%, and it will be fully realized after about 10 exams. Will she get the exams graded on time?A process has 10 steps with yields Y1 Y2 Y3 Y4 Y5 Y6 Y7 Y8 Y9 Y10 0.82 0.81 0.85 0.78 0.87 0.80 0.88 0.83 0.89 0.90 Create a table that shows operation step yields and cumulative rolled throughput yields. Determine the overall process rolled throughput yield. Plot the results. Describe manufacturing, business process, and/or Six Sigma project situations for the origination of this data. Include example operation steps to monitor. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
- A computer repair service has a design capacity of 80 repairs per day. Its effective capacity, however, is 64 repairs per day, and its actual output is 62 repairs per day. The manager would like to increase the number of repairs per day. Critically examine these factors and explain why you would recommend that the manager investigate: quality problems, absenteeism, or scheduling and balancing?George has recently joined XYZ Corporation as its vice-president of operations. Within a month of his joining, he started making operational changes in the production process of the department. The lower level workers find it extremely difficult to deal with George’s new ideas and way of thinking. Identify the problem in this case and suggest certain measures to overcome this problem.Excel Online Activity: VLC Assume that a customer in the small contractor target market segment buys an electric drill on average every two years (or every 0.5 year) for $200, when the gross margin on the drill averages 40 percent. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. Open spreadsheet Questions 1. What is the value of a loyal customer (VLC) if the customer retention rate is 50 percent? Round your answer to the nearest cent. $ fill in the blank 2 2. What is the value of a loyal customer (VLC) if the customer retention rate increases to 75 percent? Round your answer to the nearest cent. $ fill in the blank 3 3. What is a 1 percent change in market share worth to the manufacturer if it represents 150,000 customers? Round your answers to the nearest dollar. 50 percent customer retention rate case: $ fill in the blank 4 75 percent customer retention rate case:…
- State whether the following statements are true or false. If the statement is false, write its correct answer: 1. Process and Product design should be put in a way to reach customer satisfaction, and decrease profit and selling. Answer: 2. Operations management can be utilized in Process design, for it is beneficial to reduce the value of the product at every phase of its production. Answer: 3. A flow chart is a diagram that uses arrows and different symbols to represent consecutive events of a workflow or process. Answer: 4. The five key performance factors to access a process performance are: quantity, speed, dependability, flexibility and cost. Answer: 5. The process design consists of different steps and stages that are classified in an unorganized order, for the successful creation of the final product. Answer: 6. In the service industry, it’s possible to separate service design from process design. Answer: 7. Design is any part of an organization which…I submitted this question a couple days ago. However, I am still a little confused. Here was the original question: Collins Little Company has a staff of 4 employees, each working 8 hours per day at a rate of $20/hour. Their overhead expenses are $200/day. Collins processes and closes on 12 titles each day. They are considering purchasing a computerized title search system that will allow the processing of 20 titles per day. With the new system, they could cut their staff to 2 employees working the same hours at the same pay, but their overhead expenses would double to $400 per day. 1. Compute the labor productivity with the old system (in titles / hour). 2. Compute the labor productivity with the new system (in titles / hour). 3. Compute the multifactor productivity with the old system (in titles / dollar). 4. Compute the multifactor productivity with the new system (in titles / dollar). One of the answers is: Labor Productivity = 12/(4*8) Another is: Labor Productivity =…A process is designed to produce 2,050 units per hour. The process has a scrap rate of 0.9% and a 14% inherent inefficiency. Assuming that the actual output of the process is 1,550 units per hour, what is the process design capacity, available capacity, actual capacity, capacity utilization, efficiency and the output gap for this process? The design capacity is ____ units per hour. (Enter your response as a whole number.)
- Mazen has been an operations’ manager at XYZ company for the past 5 years. He holds many complex tasks and is required to stay connected and updated with information concerning the employees and the customers. Moreover, he is aware of the importance of consistently gathering, giving and receiving information.One day, he receives a financial report stating that sales for the past weekend have dropped about 10%. He assumes that this problem is caused by the recent increase in prices and doesn’t gather further information nor find alternatives to solve this problem. Mazen is being a: * 1 Problem avoider 2Problem solver 3 Problem seeker 4 Problem creatorA computer repair service has a design capacity of 80 repairs per day. Its effective capacity, however, is 64 repairs per day, and its actual output is 62 repairs per day. The manager would like to increase the number of repairs per day. Which of the following factors should the manager investigate: quality problems, absenteeism, or scheduling and balancing? Explain .local market research fim has just won a contract for several thousand small projects involving data gathering and statistical analysis. In the past, the firm has assigned each project to a single member of its highly trained professional staff. This person would both gather and analyze the data Using this approach, an experienced person can complete an average of 10 such projects in an eight-hour day. The firm's management is thinking of assigning two people to each project in order to allow them to specialize and become more efficient The process would require the data gatherer to fill out a matrix on the computer, check it and transmit it to the statistical analysis program for the analyst to complete. Data can be gathered on one project while the analysis is being completed on another, but the analysis must be complete before the statistical analysis program can accept the new data. After some practice, the new process can be completed with a standard time of 20 minutes…