Use the Inventory Control information above to answer this question. How many printing runs should be done? printing runs
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- Inventory Control and Planning Lehen Vinters imports a certain brand of beer. The demand, which may be assumed to be uniform, is 1,250,000 cases/year. The cost of ordering a shipment of beer is $500, and the cost of storing each case of beer for a year is $2. Determine how many cases of beer should be in each shipment if the ordering and storage costs are to be kept at a minimum. (Assume that each shipment of beer arrives just as the previous one has been sold.)The annual demand for an item is 10,000 units. The unit cost is Rs. 100 and inventory carrying charges are 14.4% of the unit cost per annum. The cost of one procurement is Rs. 2000. The time between two consecutive orders to meet the above demand is _______ monthTony’s Barbershop is run, owned, and operated by Anthony Jones, who has been cutting hairfor more than 20 years. Anthony does not take appointments, so the arrival pattern of customers is essentially random. Traditionally, the arrival rate had been about one customer every50 minutes. Two months ago, the local paper ran an article about Anthony that improved business substantially. Currently, the arrival rate is closer to one customer every 35 minutes. Haircutsrequire an average of 25 minutes, but the times vary considerably depending on customerneeds. A trim might require as little as 5 minutes, but a shampoo and styling could take as longas an hour or more. For this reason, the exponential distribution seems to provide a reasonablygood fit of the service time distribution.Anthony’s customers have always been patient, but ever since business picked up, somehave complained that the wait is too long. Anthony is considering taking his cousin Marvin intothe business to improve customer…
- New York Building Corporation uses the critical path method to monitor construction jobs. The company is currently 2 weeks behind schedule on Job #181, which is subject to a P10,500 per week completion penalty. Path A-B-C-F-G-H-I has a normal completion time of 20 weeks, and critical path A-D-E-F-G-H-I has a normal completion time of 22 weeks. The following activities can be crashed. Activities Cost to Crash 1 Week Cost to Crash 2 Weeks BC P 8,000 P15,000 DE 10,000 19,600 EF 8,800 19,500 REQUIRED: 1. New York Building desires to reduce the normal completion time Job #181 and, at the same time, report the highest possible income…The BOM for product A is shown in Figure 11.40, and datafrom the inventory records are shown in Table 11.9. In theMPS for product A, the MPS start row has 100 units in week 3and 200 in week 6. Develop the material requirements planfor the next 6 weeks for items C, D, and E.a. Develop the material requirements plan for the next6 weeks for items C, D, and E.b. What specific managerial actions are required inweek 1?A drug store sells 30 bottles of antibiotics per week.Each time it orders antibiotics, there is a fixed ordering costof $10 and a cost of $10/bottle. Assume that the annualholding cost is 20% of the cost of a bottle of antibiotics, andsuppose antibiotics spoil and cannot be sold if they spendmore than one week in inventory. When the drug store placesan order, how many bottles of antibiotics should be ordered?
- If an X-bar chart graph falls below the LCL or rises above the UCL, a machining process is said to be _________.If an X-bar chart graph is between LCL and the UCL, a machining process is said to be ____________.The analyst in the Dorben Company wishes to assign a number of like facilities to an operator based on minimizing the cost per unit of output. A detailed study of the facilities revealed the following: Loading machine standard time = 0.30 minutes Unloading machine standard time = 0.25 minutes Walk time between two machines = 0.09 minutes Operator rate = $12.00 per hour Machine rate (both idle and working) = $18.00 per hour Machine cycle time = 1.55 minutes TEC = The Expected Cost a) With your initial estimation, how many machines can be serviced exactly?(please keep a non-integer with three decimal places) b) How much is your TEC per piece if the operator has idle time? (please keep three decimal places) c)How much is your TEC per piece if the machine has idle time? (please keep three decimal places) d) How many of these machines should be assigned to each operator?(please write down a numerical number)
- It is currently day 10 in the production calendar of the Machine Shop. Three orders(A, B, and C) are to be processed at a particular machine tool. The orders arrived in thesequence A-B-C. The table below indicates the process time remaining and productioncalendar due date for each order. Determine the sequence of the orders that would bescheduled using the following priority control rules: (a) first-come-first-serve, (b) earliest due date, (c) shortest processing time, (d) least slack time, and (e) critical ratioAn assembly line is to be designed to operate 71⁄2 hours per day and supply a steady demandof 300 units per day. Here are the tasks and their performance times: Performance Performance Preceding Time Preceding Time Task Tasks (Seconds) task Tasks (Seconds) a — 70 g d 60 b — 40 h e 50 c — 45 i f 15 d…Two jobs must be processed through four machines in the same order. Theprocessing times in the required sequence areJob 1 Job 2Machine Time Machine TimeA 5 A2B 4 B4C 6 C3D 3 D5Determine how the two jobs should be scheduled in order to minimize the totalmakespan, and draw the Gantt chart indicating the optimal schedule