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- Can you do the calculations in Excel file showing all the work? You are a planner at a small distribution warehouse. Historically, the warehouse has targeted fulfilling 10 orders per hour for planning purposes. However, as the diversity of products has expanded, as well as the size of orders, this target has proven to be unreliable, as the orders are continually behind schedule and customers are complaining about late deliveries. Your supervisor has tasked you with determining a better target so that the warehouse may provide better delivery estimates to customers for their orders. Over the past week you gathered data for the number of orders fulfilled each day. This data is shown in the following table. Day Monday Tuesday Wednesday Thursday Friday Orders 88 64 72 56 80 A. Assuming 8 hours of operations each day, what is the mean and standard deviation for orders fulfilled per hour? The following table may help with these calculations. N is the total…The managing director of a consulting group has the accompanying monthly data on total overhead costs and professional labor hours to bill to clients. Complete parts a through c. LOADING... Click the icon to view the monthly data. Question content area bottom Part 1 a. Develop a simple linear regression model between billable hours and overhead costs. Overhead Costs=enter your response here +enter your response here ×Billable Hours (Round the constant to one decimal place as needed. Round the coefficient to four decimal places as needed. Do not include the $ symbol in your answers.) Overhead Costs Billable Hours385000 3000430000 4000460000 5000511000 6000580000 7000600000 8000Which of the following is a description of a company that has a production orientation? a. Bear & Co. produces artificial ficus trees and other artificial plants that are primarily sold to companies as office decorations. b. ABC Industries employs thousands of independent consultants who make commission selling a skincare regimen.> c. Smith Company manufactures standard yellow no. 2 pencils, which are sold in retail stores and in bulk to schools and testing centers. d. Hall Corporation manufactures.
- D.B. Smith Company produces machine tools. The company conducted a cost-of-quality study and found the following: Cost Category Amount Quality equipment design $ 20,000 Scrap 333,000 Inspection and retest 330,000 Customer returns 80,000 Supplier quality surveys 8,000 Repair 82,000 What quality cost categories should each of these costs be associated with? What does a Pareto analysis reveal? 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. Questions 1. Classifying the D.B. Smith Company cost elements into the appropriate cost-of-quality categories, calculate the total costs in each category and their percentages of the total and cumulative percentages. Round your answers for the total costs to the nearest dollar and round your answers for the percentages to two decimal places. Quality Cost Category Amount Percent of Total Cumulative…whic ah of the following pertains to an efficient supply chain? it deals with innovative products the product life cycle will be short it is worthwhile to invest in good forecasting systems all of the abovePlease do not give solution in image formate thanku OM 380 – Methods ImprovementBonus Assignment: (must be turned in via D2L dropbox before the due date)Write a review (between 500 and 700 words) of the book “The Goal”. Emphasisshould be placed on addressing the key issues and lessons learned and how toimplement some of them in your current (or previous) work environment.“The Goal: A Process of Ongoing Improvement” by Eliyahu M. Goldratt and Jeff Cox(You can use any Edition of this book for this assignment!)
- 15) Which is not considered to be an OPSCM execution process byany of the most popular models?Select one:A. returnsB. manufacturing/production/makeC. logisticsD. procurement/acquisition/purchasingE. research & development16) Purchasing’s role is to get the lowest possible price oneverything needed by OPSCM.Select one:A. TrueB. False17) Which OPSCM macro designs / operations models /manufacturing environments use a forecast to plan for fulfillmentof demand?Select one:A. MTO & ETOB. MTO & MTSC. CTO & MTSD. ETO & MTSE. All of them use forecasts.When performing sales mix analysis , which one of the following is false : a. Producing and selling more units of the product with a higher contribution margin would likely decrease the breakeven point b. Making changes to the sales mix will likely cause a change in the breakeven point c. The sales mix is usually assumed to be remain the same . d. Shifting the sales mix to the product with a lower contribution margin will likely ncrease the overall contribution margin e. Normally the calculation of the breakeven point for multiproduct is more complicated than that for a single productOne of the firm’s audit partners, Alice Goodwin, justhad lunch with a good friend, Sara Hitchcock, who is president of Granger ContainerCorporation. Granger Container Corp. is a fast-growing company that has been in businessfor only a few years. During lunch, Sara asked Alice for some advice and direction on howGranger Container should structure its systems development process within the InformationSystems Department. Sara noted that because Granger has experienced such tremendousgrowth, the systems development process has evolved into its current state without muchdirection. Given Granger Container’s current size, Sara questions whether their currentprocesses are reasonable. Sara’s concern is magnified by the fact that she has little understanding of information systems processes. Alice told Sara about your information systemsevaluation experience and agreed to have you look at Granger Container’s current systemsdevelopment procedures. Sara gave Alice the following summary of the…
- Can you please answer the following questions regarding “techniques for identifying and evaluating risks” : a) Explain the following risk identification tools and techniques, and b) Explain the following risk evaluation techniques. a) Process Flowcharts - Brainstorming - Risk Checklists - b) Quantitative Risk Analysis - Qualitative Risk Analysis -The initial step in developing an IFE Matrix is A)attaching a cost to each discrete activity. B)assigning weights to key internal factors. C)assigning ratings to key internal factors. D)obtaining weighted scores. E)developing a full and narrow list of key internal factorsWith no historical data to make prediction of future labour needs, which forecasting methods would you use? a. Multiple regression and Delphi technique b. Unit method and linear programming c. Best- and worst-case scenarios and bottom up d. Top down and learning curve analysis