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- Problem 11-11 (Algo) Famous Albert prldes himself on being the Cookle King of the West. Small, freshly baked cookles are the specialty of his shop. Famous Albert has asked for help to determine the number of cookles he should make each day. From an analysis of past demand, he estimates demand for cookles as VROBARTLITY OF DENAND 0.04 DEEAND 1,800 dosen 2,000 2,200 0.10 0.20 2,400 2,600 2,000 3,000 0.26 0.15 0.03 0.14 ces Each dozen sells for $0.65 and costs $0.49, which includes handling and transportation. Cookles that are not sold at the end of the day are reduced to $0.30 and sold the following day as day-old merchandise. a. Compute the expected profit or loss for each cookie making decislon quantity. (Round your answer to the nearest whole number. Enter expected losses with a negative sign.) Cookles Baked (Dozen) Probability of Demand Expected Profit/Loss 1,800 0.04 2,000 0.10 2,200 0.28 2,400 0.26 2,600 0.15Up, Up, and Away is a producer of kites and wind socks. Relevant data on the bottleneck operation in the shop for the upcoming fiscal year are given in the following table: (i Item Demand forecast Lot size Standard processing time Standard setup time Kites 30,000 units/year 15 units 0.4 hour/unit 3.0 hours/lot Wind Socks 15,000 units/year 80 units 1.0 hour/unit 4.0 hours/lot The shop works two shifts per day, 8 hours per shift, 220 days per year. Currently, the company operates four machines, and desires a 25 percent capacity cushion. How many machines should be purchased to meet the upcoming year's demand without resorting to any short-term capacity solutions? The number of additional machines required is. (Enter your response rounded up to the next whole number.)Thesis title: System and Digitalization: its effect to the inventory mangement to the construction industry Give atleast 10 local (Philippines based) related literature
- Chairs Tables Selling price per unit $80 $400 Variable cost per unit $30 $200 Board feet per unit 2 10 Monthly demand 600 100 The company's supplier of hardwood will only be able to supply 2,000 board feet this month. What plan would maximize profits? a. 500 chairs and 100 tables b. 600 chairs and 80 tables c. 500 chairs and 80 tables d. 600 chairs and 100 tables Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.Thesis title: System and Digitalization: its effect to the inventory mangement to the construction industry Give atleast 10 local related studies about the thesis title stated aboveBasil's Framing manufactures picture frames in one workshop, which has a practical capacity of 40,000 frames. The variable cost of a frame is $24 per unit, and the fixed costs of the workshop are $392,000 annually. Current annual demand is 28,000 frames. Basil's Framing bought the current workshop because of forecasts that demand for the frames would grow. Required: a. What cost per frame should the cost system report to facilitate management decision making?
- Briefly define or explain each of these terms: e. Net requirementsExplain Master Production Scheduling?Problem 2: Week Forecast Customer Orders Projected On-Hand Inventory MPS Available-to-Promise On-hand Inventory schedule production whenever projected on-hand inventory drops below MPS lot size Complete the master production schedule based on the following information 160 160 30 300 1 120 110 2 100 100 3 130 75 4 110 50 5 140 32 6 140 11 7 170 5 8 180 0
- Yummy Creamy is a New York based company that manufactures and distributes ice-cream across tri-state area. The product line includes 2 main flavors - Purple Delight (PD) and Choco- Chips (CC). On selling 1 unit of each flavor, profit earned is - Flavor Purple Delight (PD) Choco-Chips (CC) Flavor PD CC Given the fact that Yummy Creamy is a newly introduced establishing brand in the area and the nature of the product, they want to limit the stock in the market maximum to: PD-250 and CC-400 Ingredients required to manufacture each unit of the ice cream is as follows: Sugar 0.05 0.1 Assignment - Week 8 Milk 0.1 0.3 Total available resources are: Ingredients Milk Sugar Cream Profit per Unit ($) $5.00 $5.30 Availability 150 130 15 Cream 0.03 0.02 Yummy Creamy needs to determine how many units of each flavor to manufacture to maximize its weekly profit.Q2: Find the efficiency and utilization and distinguish in detail between them . Design capacity = 150 units/day Effective capacity = 120 units/day Actual output = 108 units/dayWhat is level capacity plan?