Waygate's residential Internet modem works well but is sensitive to power-line fluctuations. On average, this product hangs up and needs resetting every 200 hours. On average about 45 minutes is needed to reset this product. What is this product's availability? O in excess of .9 but not in excess of .95 O not in excess of .75 O in excess of .95 O in excess of .8 but not in excess of .9 O in excess of .75 but not in excess of .8
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- 1. Waiting time, transportation, processing, and product defects are all part of the ____________ principle of lean operating systems. elimination of waste increased speed and response improved quality reduced cost 2. Inconsistent processing systems or machine breakdowns are part of the ____________ principle of lean operating systems. elimination of waste increased speed and response improved quality reduced cost 3. In a lean operating system, any activity, material, or operation that does not add value in an organization is considered __________ inventory Storage Liability Waste 5. The purpose of the Single Minute Exchange of Dies (SMED) principle is to __________________ provide visual controls move a portion of a completed batch before the entire batch is finished determine the order of workstations reduce setup times 7. All of the following are true about Lean Six Sigma EXCEPT that __________________ both Lean and Six Sigma production use basic root cause,…In the PMT function, what is not true about the Present_value argument? Group of answer choices It can contain references to fields. It is optional. It reflects the total amount of a loan. It returns a negative value by default.A toy manufacturing uses 51030 rubber wheels per year for its popular dump truck series. The firm makes its own wheels, which it can can produce at a rate of 800 per day. The toy trucks are assembled uniformly ( at a constant rate ) over the entire year. Carrying cost is $ 1.50 per wheel per year. setup cost for the production run of the wheel is $ 47. The firm operatyes 243 days per year. Determine each of the following: a-Optimal run size b-Use your final answer from part a- to determine minimum total annual cost for carrying and setup c-Cycle time for the optimal run size d-Run time
- GMPs are a combination of manufacturing and management practices aimed at ensuring that food products are consistently produced to meet specifications and customer expectations. GMPs requirements related to the design and layout of food plants include: • Single-floor versus multistory buildings • Land space for future expansion• Waste disposal • Building details (drainage, doors, lighting,ventilation, plumbing) how can we apply GMPs into yogurt manufacturerA toy manufacturer uses 51,920 rubber wheels per year for its popular dump truck series. The firm makes its own wheels, which it can produce at a rate of 800 per day. The toy trucks are assembled uniformly over the entire year. Carrying cost is $1.30 per wheel per year. Setup cost for a production run is $44. The firm operates 236 days per year. Determine the following: a. Optimal run size (Round your answer to a whole number, following normal rules of rounding.) b. Use your final answer from part a to determine minimum total annual cost for carrying and setup. (Round your answer to a whole number.) c. Cycle time for the optimal run size (Round your answer to two decimal points.) d. Run time (Round your answer to two decimal points.)If the cost of goods manufactured is higher than the cost of goods sold, which of the following is correct? A. Finished Goods Inventory has decreased. B. Work in Process Inventory has decreased C. Finished Goods Inventory has increased. D. Work in Process Inventory has increased.
- Because low costs are inherently valuable, they don’t need to fulfill all the parameters of the VRIO framework to result in a sustained competitive advantage. Group of answer choices True FalseA shoe manufacturer uses 2,000 rubber soles per year for its popular shoe line. The firm makes its own soles, which it can produce at a rate of 90 per day. The shoes are assembled uniformly over the entire year. Carrying cost is $4 per sole a year. Setup cost for a production run of soles is $20. The firm operates 200 days per year. Determine cycle time for the optimal run size. Group of answer choices: A. 5 days B. 10 days C. 15 Days D. 20 daysHow does the requirement that the number of units of model LX produced be at least 60% of the total production affect profits? Show excel
- Explain why multiple replications are needed when performing simulation analysis (Lean Manufacturing)LENILOVESBATO Co. produces various types of floor rugs with many different designs. They typically produce at least 200 rugs with a single machine setup. A cost incurred each time a new rug design is developed is called a(n) a. Unit-level cost b. Batch-level cost c. Product-level cost d. Facility-level costA well-known coffee shop sells about 300 gallons of its most popular product each week. The estimated cost to store and maintain one gallon of product is $0.50 per week. Each time the coffee shop places an order from its supplier, the following costs are incurred, independent of the size of the order: a $200 delivery fee, $30 unloading and storage, and a $70 transaction fee. Once an order is placed, it arrives exactly 3 work days later. The coffee shop, supplier, and delivery service all operate 7 days per week. a.) What is the optimal (s,Q) policy? b.) What would the (s,Q) policy be if orders were only placed on Fridays with the objective being to cover the demand with no shortages?