Practical Operations Management
2nd Edition
ISBN: 9781939297136
Author: Simpson
Publisher: HERCHER PUBLISHING,INCORPORATED
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Question
Chapter 8, Problem 17P
Summary Introduction
Interpretation: Technique to create the ranking.
Concept Introduction: The critical path is the arrangement of project activities which gives an estimated time duration under which the project will be completed. The project activities may include float activities which can be delayed focusing on the shortest time duration.
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HPU currently has a recycling program for paper waste. The fixed cost of running this program is $18,500 per year. The variable cost for picking up and disposing of each ton of recyclable paper is $30. If the work is outsourced to a recycling company, the cost would be $43 per ton.
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Use the Break-Even Excel template to find your answer.
Why do operations planning require that a forecast be expressed in terms of physical units for an individual goods and services?
you are in charge of analyzing five new suppliers of an important raw material and have been given the information shown in the table(1=worst, 10=best) management has decided that criteria 2 and 3 are equally important and that criteria 1 and 4 are each four times as important as a criterion 2. no more than two new suppliers are required, but each new vendor must exceed a total score of 70 percent of the maximum total points to be considered
performance criterion
vendor a
vendor b
vendor c
vendor d
vendor e
quality of raw material
8
7
3
6
9
environmental impact
3
8
4
7
7
responsiveness to order changes
9
5
7
6
5
cost of raw material
7
6
9
2
7
a. which new vendors do you recommend?
b. would your decision change if the criteria were considered equally important?
Chapter 8 Solutions
Practical Operations Management
Ch. 8 - Prob. 1DQCh. 8 - Prob. 2DQCh. 8 - Prob. 3DQCh. 8 - Prob. 1PCh. 8 - Prob. 2PCh. 8 - Prob. 3PCh. 8 - Prob. 4PCh. 8 - Prob. 5PCh. 8 - Prob. 6PCh. 8 - Prob. 7P
Ch. 8 - Prob. 8PCh. 8 - Prob. 9PCh. 8 - Prob. 10PCh. 8 - Prob. 11PCh. 8 - Prob. 12PCh. 8 - Prob. 13PCh. 8 - Prob. 14PCh. 8 - Prob. 15PCh. 8 - Prob. 16PCh. 8 - Prob. 17PCh. 8 - Prob. 18PCh. 8 - Prob. 19PCh. 8 - Prob. 20PCh. 8 - Prob. 21PCh. 8 - Prob. 22PCh. 8 - Prob. 23PCh. 8 - Prob. 24PCh. 8 - Prob. 25PCh. 8 - Prob. 26PCh. 8 - Prob. 27PCh. 8 - Prob. 28PCh. 8 - Prob. 29PCh. 8 - Prob. 1.1QCh. 8 - Prob. 1.2QCh. 8 - Prob. 1.3QCh. 8 - Prob. 1.4QCh. 8 - Prob. 2.1QCh. 8 - Prob. 2.2QCh. 8 - Prob. 2.3QCh. 8 - Prob. 3.1QCh. 8 - Prob. 3.2QCh. 8 - Prob. 3.3QCh. 8 - Prob. 3.4Q
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