Borges Machine Shop, Inc., has a 1-year contract for the production of 250,000 gear housings for a new off-road vehicle. Owner Luis Borges hopes the contract will be extended and the volume increased next year. Borges has developed costs for three alternatives. They are general-purpose equipment (GPE), flexible manufacturing system (FMS), and expensive, but efficient, dedicated machine (DM). The cost data follow: Annual contracted units Annual fixed cost Per unit variable cost General-Purpose Equipment (GPE) 250,000 $150,000 $16.00 Flexible Manufacturing System (FMS) 250,000 $250,000 $14.75 Based on the cost, the process that is best suited for the current contracted volume is Dedicated Machine (DM) 250,000 $480,000 $13.75 GPE DM FMS
Q: understanding of it. Impact upon the Product?
A: Illustrating a project's map with and without its architecture can provide valuable insights and a…
Q: Solve the below Linear program and find the optimal solution from the below options: Minimize z = 2x…
A: The goal of Linear Programming Problems (LPP) is to determine the best value for a given linear…
Q: QUESTION 3 Based on discrete available-to-promise (ATP) logic, how many units are…
A: 1) ATP
Q: Location Problem with Two Sites. Oliveira Office Supply has a large retail system consisting of…
A: Oliveira Office Supply has 12 retail stores spread around the country.The coordinates of the store…
Q: Using the attached, please assist to develop warehousing strategies with layouts and designs that…
A: Zamba Ya Afrika Holdings is a South African conglomerate that primarily provides potable water,…
Q: Find the required probability for the area to the left of X = 42, under normal curve with mean = 40…
A: X = 42Mean = 40Standard deviation = 2.2847
Q: Mr. Dan Stockman is the procurement manager for Slicker Image (SI), an upscale retailer of novelty…
A: As per our guidelines, we are supposed to answer only three subparts if multiple subparts are asked…
Q: You work for B&B Import and Export Incorporated, who just acquired a new business, Agro Smart…
A: A new business, Agro Smart Suppliers, a Canadian distributor of outdoor power equipment such as…
Q: c-1. What would be the customer time in the system if a second window was opened with each ticket…
A: The customer waiting time in the system is the amount of time that is spent by a customer while…
Q: Starch N Some is considering implementing an inventory management system, but they first want to…
A: Here, "Star N some" want to implement an inventory management system, in this situation, the firm…
Q: can you discuss the process and design in an organisation? in 800 words. and can you actually make a…
A: Process and design are key components of organizational management. They provide structure, clarity,…
Q: Conduct a comparative analysis of the quality management principles of one of nissans competitors…
A: Total Quality Management (TQM) is a management approach that focuses on continuous improvement,…
Q: corporate governance and sustainability ethnics: What are the Practices and Challenges
A: Corporate ethics and sustainability are important tenets that direct ethical corporate conduct.…
Q: Choose the term that best fits the situation being described. What types of power do effective…
A: Power is the ability of an individual to influence or control the behavior, actions, and decisions…
Q: How come aesthetics matter so much? Is there a difference between mapping a project with and without…
A: Aesthetics matter, for our life and project works like design and architecture, we consider…
Q: Consider the bill of materials (BOM) shown below. If inventory consists of 3 units of B, 2 of F, and…
A: For A, to be produced immediate predecessors are B and C. B needs D and E , As we need to calculate…
Q: Using the attached, please explain how you will perform your role as a logistics manager and…
A: Logistic management is the planning of activities along with controlling the smooth flow of goods…
Q: Develop a EOQ solution and calculate total relevant costs for the gross requirements in the…
A: Holding cost = h =$ 1.50/unit/week;Setup cost = S = $150Demands for 12 weeks are given in the…
Q: In terms of functionality and aesthetics, what do you want from your preferred online retailer?
A: When it comes to choosing our preferred online retailer, we often have specific expectations in…
Q: Considers the tasks, durations, and predecessor relationships in the following network. Dr the CPM…
A: Expected Time duration (te) = (a+4m+b)/6Variance = {(b-a) / 6}2Where,(a) = Optimistic time(m) = Most…
Q: Explain the three (3) ethical theories, meta-ethics, normative ethics and applied ethics and use…
A: Ethical theories provide frameworks for understanding and evaluating moral principles and…
Q: LM.53 In an effort to reduce costs, many regional power companies want to lower their safety stock…
A: Inventory management refers to the process of overseeing and controlling the flow of goods or…
Q: "A bank is traditionally a provider of credit/savings products and services, but it can also be a…
A: Here, I have been given the MCQ questions, As per the instruction, I would consider the first MCQ…
Q: Product Name: SMARTPAK (Smart Backpack) Product Description: The SMARTPAK makes use of…
A: A production schedule is a detailed plan that outlines the specific activities and tasks required to…
Q: Develop a project network. (b) Develop an activity schedule. Activity Earliest Start Latest Start…
A: Here, each activity is given with description data, immediate predecessor data, and normal time, as…
Q: IT problems may be analyzed with the use of data and technology.
A: Today organizations depend vigorously on IT processes. Sadly, numerous organizations don't put…
Q: How does a software engineer determine an accurate cost estimate for a project?
A: One of the important responsibilities of a software engineer is to prepare an accurate cost estimate…
Q: A descriptive model is characterised by its essential characteristics.
A: A descriptive model, from an operational management perspective, refers to a model that describes…
Q: The SDLC is an established methodology which aims to manage the complexity of large software…
A: The System Development Life Cycle (SDLC) is a structured methodology used in software development to…
Q: These four stages make up a process loop, or machine cycle. Which machine cycle parts are most…
A: A process loop involves a set of instructions or tasks that are executed repeatedly until a specific…
Q: What is the constraint associated with job A for the following assignment problem? Machine 1 2 3 A…
A: A constraint is a strict restriction placed on a variable's value that stops us from continuing in a…
Q: When comparing incremental and cascade approaches, what are the key differences and overlaps? How…
A: Incremental and cascade techniques are two commonly used approaches in business operations…
Q: 2. Demand for Quiggly Pops (QP) follows an up and down pattern over the four quarters of a year,…
A: A production plan is a strategy that highlights what type of goods a company manufactures that help…
Q: Software project management errors caused Denver International Airport's faulty luggage system. Can…
A: The Denver International Airport (DIA) faced significant issues with its luggage handling system…
Q: When we say that the requirements should be complete and uniform, what do we mean exactly?
A: In the domain of project management, it is essential for the successful completion of any endeavour…
Q: Josh Enterprises decides to have a meeting of all the key employees of different departments in the…
A: Management refers to the art and science of planning, organizing, directing, controlling and…
Q: What is material requirement planning?
A: Organizations use this system-based approach to manage and oversee various processes/functions, This…
Q: The owner of Chips etc. produces two kinds of chips: lime (L) and vinegar (V). He has a limited…
A: Feasible production is the level of production that a company can produce within the available…
Q: Give an explanation of how the benefits of the project will be passed on to people who benefit from…
A: Making ensuring that the benefits of a project reach the intended recipients is crucial when putting…
Q: ccording to Pienaar & Vogt, (2016:1) logistics function was therefore essential for a…
A: As a logistics manager at Hokela Food (SA), my primary responsibility is to ensure the smooth and…
Q: sing PrecisionTree tool, create a decision tree for this situation. You may be able to hand-draw if…
A: Given:ProbabilityHighMediumLowBeats the rival0.60.250.15Doesn't beat the…
Q: Identify potential issues that may arise from the implementation of new management science tools and…
A: Starbucks is a well-known company; over time, they have adopted technologies and maintained…
Q: E Spreadsheet Mike Reynolds has four assignments due in class tomorrow, and his class times are as…
A: No.JobProcessing time (hrs.)Due date (hrs.)1Psychology 30459:00 AM2Finance 385412:00 PM3Marketing…
Q: Five jobs are waiting for processing through two work centers. Their processing time (in minutes)…
A: Each job required Sigma before Delta. Hence, Sigma is 1st operation and Delta is 2nd operation.
Q: 4 eBook Hint Print References Problem 8-2 (Static) The owner of Genuine Subs, Inc., hopes to expand…
A: To solve this problem, we'll need to use the fixed costs per month, variable cost per unit, selling…
Q: Lifang Wu owns an automated machine shop that makes precision auto parts. He has just compiled an…
A: Production management, also known as operations management, is the process of planning, organizing,…
Q: As the production planner for Xiangling Hu Products, Inc., you have been given a bill of material…
A: MRP stands for Material Requirements Planning. It is a computer-based inventory management system…
Q: The Burdell Wheel and Tire Company assembles tires on wheel rims for use on cars during the…
A: SupplierShipping quantity per shipment Shipping cost Price/unitAnnual holding cost/unitLead time…
Q: Is there a way to use the concepts of dynamic programming in the real world?
A: Dynamic programming is a problem-solving technique in computer science and mathematics that involves…
Q: Key components of electronic payment systems that enable mobile and online commerce need to be…
A: Electronic payment systems have revolutionized the way we conduct transactions in today's digital…
Please do not give solution in image format thanku
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 4 images
- Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. Ethical decisions that affect a buyers ethical perspective usually involve the organizational environment, cultural environment, personal environment, and industry environment. Analyze this scenario using these four variables.Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What should Sharon do in this situation?Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What does the Institute of Supply Management code of ethics say about financial conflicts of interest?
- Borges Machine Shop, Inc. has a 1-year contract for the production of 200,000 gear housings for a new off-road vehicle Owner Luis Borges hopes the contract will be extended and the volume increased next year Borges has developed costs for three alternatives. They are general-purpose equipment (GPE), flexible manufacturing system (FMS), and expensive, but efficient, dedicated machine (DM) The cost data follow Annual contracted units Annual fixed cost General Purpose Equipment (GPE) 200.000 $150.000 $15.00 Per unit variable cost The option GEE is best when the contracted volume is below units (enter your response as a whole number) Flexible Manufacturing System (FMS) 200,000 $250.000 $14.00 Dedicated Machine (DM) 200.000 $525,000 $13.00Borges Machine Shop, Inc., has a 1-year contract for the production of 75,000 gear housings for a new off-road vehicle, Owner Luis Borges hopes the contract will be extended and the volume increased next year. Borges has developed costs for three alternatives. They are general-purpose equipment (GPE), flexible manufacturing system (FMS), and expensive, but efficient, dedicated machine (DM). The cost data follow Annual contracted units Annual fixed cost Per unit variable cost General-Purpose Equipment (GPE) 75,000 $100,000 $16.00 Flexible Manufacturing System (FMS) 75,000 $225,000 $14.00 Dedicated Machine (DM) 75,000 $450,000 $13.75 Based on the total cost, the process that is best suited for the current contracted volume is Suppose the contracted volume changes to 275,000 gear housings. Based on the total cost, the process that is best suited for the new volume is Suppose the contracted volume changes to 375,000 gear housings. Based on the total cost, the process that is best suited…Borges Machine Shop, Inc., has a 1-year contract for the production of 250,000 gear housings for a new off-road vehicle. Owner Luis Borges hopes the contract will be extended and the volume increased next year. Borges has developed costs for three alternatives. They are general-purpose equipment (GPE), flexible manufacturing system (FMS), and expensive, but efficient, dedicated machine (DM). The cost data follow General-Purpose Equipment (GPE) 250,000 Annual contracted units Annual fixed cost $125,000 Per unit variable cost $18.00 The option GPE is best when the contracted volume is below Flexible Manufacturing System (FMS) 250,000 $250,000 $14.00 D Dedicated Machine (DM) 250,000 $480,000 $13.00 units (enter your response as a whole number)
- Borges Machine Shop, Inc., has a 1-year contract for the production of 200,000 gear housings for a new off-road vehicle. Owner Luis Borges hopes the contract will be extended and the volume increased next year. Borges has developed costs for three alternatives. They are general-purpose equipment (GPE), flexible manufacturing system (FMS), and expensive, but efficient, dedicated machine (DM). The cost data follow: Flexible Manufacturing System (FMS) General-Purpose Equipment (GPE) 200,000 Annual contracted units Annual fixed cost $150,000 Per unit variable cost $18.00 The option GPE is best when the contracted volume is below units (enter your response as a whole number). 200,000 $250,000 $14.00 Dedicated Machine (DM) 200,000 $525,000 $13.00Borges Machine Shop, Inc., has a 1-year contract for the production of 250,000 gear housings for a new off-road vehicle. Owner Luis Borges hopes the contract will be extended and the volume increased next year. Borges has developed costs for three alternatives. They are general-purpose equipment (GPE), flexible manufacturing system (FMS), and expensive, but efficient, dedicated machine (DM). The cost data follow: General Purpose Equipment (GPE) Flexible Manufacturing System (FMS) 250,000 $125,000 $15.00 Annual contracted units Annual fixed cost Per unit variable cost The option GPE is best when the contracted volume is below units (enter your response as a whole number). Dedicated Machine (DM) 250,000 $225,000 $14.00 250,000 $525,000 $13.00Borges Machine Shop, Inc., has a 1-year contract for the production of 250,000gear housings for a new off-road vehicle. Owner Luis Borges hopes the contract will be extended and the volume increased next year. Borges has developed costs for three alternatives. They are general-purpose equipment (GPE), flexible manufacturing system (FMS), and expensive, but efficient, dedicated machine (DM). The cost data follow: General-Purpose Equipment (GPE) Flexible Manufacturing System (FMS) Dedicated Machine (DM) Annual contracted units 250,000 250,000 250,000 Annual fixed cost $125,000 $200,000 $525,000 Per unit variable cost $16.00 $14.00 $13.00 The option GPE is best when the contracted volume is below…
- Borges Machine Shop, Inc., has a 1-year contract for the production of 250,000 gear housings for a new off-road vehicle. Owner Luis Borges hopes the contract will be extended and the volume increased next year. Borges has developed costs for three alternatives. They are general-purpose equipment (GPE), flexible manufacturing system (FMS), and expensive, but efficient, dedicated machine (DM). The cost data follow: The option GPE is best when the contracted volume is below Annual contracted units Annual fixed cost Per unit variable cost General-Purpose Equipment (GPE) 250,000 $150,000 $18.00 units (enter your response as a whole number). Flexible Manufacturing System (FMS) 250,000 $250,000 $14.00 Dedicated Machine (DM) 250,000 $500,000 $13.00Borges Machine Shop, Inc., has a 1-year contract for the production of 225,000 gear housings for a new off-road vehicle. Owner Luis Borges hopes the contract will be extended and the volume increased next year. Borges has developed costs for three alternatives. They are general-purpose equipment (GPE), flexible manufacturing system (FMS), and expensive, but efficient, dedicated machine (DM). The cost data follow: The option GPE is best when the contracted volume is below General-Purpose Equipment (GPE) 225,000 Annual contracted units Annual fixed cost $150,000 $15.00 Per unit variable cost units (enter your response as a whole number). Flexible Manufacturing System (FMS) 225,000 $225,000 $14.00 Dedicated Machine (DM) 225,000 $480,000 $13.00which would focus on: selling or servicing? Why?