tributed across these warehouses: if some of the relevant products are maintained in Tashkent, a sub-order is sent there; likewise, if some relevant products are maintained in Samarkand, a sub-order is sent there. Afterward, the order is registered and the process completes. Draw a detailed BPMM model for this scenario
Q: 5 labor nours na 5 boxes. And the last one needs 2 of raw material and 10 of labor hours and 3…
A: Linear programming is a mathematical technique used in the fields of optimization, operations…
Q: Formulate a linear integer program that generates a feasible production plan to maximize the total…
A: Linear programming is a mathematical technique that is also used in operations management…
Q: Which employee should be assigned to Job 1 Job 2 Job 3 What is the minimum cost to complete all the…
A: An assignment problem is a technique to find the combinations of the optimal solution to the…
Q: (a) What is the implied utilization (%) for Forms/Visa? (b) What is the implied utilization (%) for…
A: Given data
Q: You are a consultant who has been engaged to advise an organization on the development of an MIS…
A: A MIS (management information system) strategy is a guide/blueprint for the development of the…
Q: J. Z. Smith is a small consulting firm specializing in implementing new information systems…
A: In this instance, everything is proceeding according to plan. Their clients are content. The issue…
Q: This exercise only contains parts b, c, d, e, and f. b) Given the demand, the cycle time for the…
A:
Q: The company produces 30 tables in this year. The manager of the company wants to increase the…
A: Productivity is the relationship between the volume of the input and output that is calculated in…
Q: Kilgore's Dell is a small delicatessen located near a major university. Kilgore's does a large…
A: a. Let W = # of servings of Wimpy to make Let D = # of servings of Dial 911 to make…
Q: Using MINIMAX REGRET Criterion, what will be your decision? and If the coefficeint of optimism is…
A: Mathematic models of decision-making help businesses take the correct decision for their operational…
Q: absenteesim relating to minor and major illness
A: Sickness absenteeism (SA) is a phenomenon that entails a work disability arising from illness or…
Q: Development of Version 2.0 of a particular accounting software product is being considered by Jose…
A: Note: - Since we can only answer the first three subparts we will answer(a, b, and c) here. Please…
Q: Is distribution a cost or a benefit? Using one example of your choice, briefly explain how a…
A: Product distribution is the last process of a supply chain and also an integral process. Companies…
Q: Person A is planning to organize a party with his friends. Since they have a tight budget, Person A…
A: Find the Given details below: Given details: Bouncy Castle Helium Tank Confetti Cannon Bubble…
Q: What is Keynesian Economics and why is it important?
A: Keynesian economics is a macroeconomic economic theory that describes overall economic expenditure…
Q: BERNARDS COMPANY LTD is a PRODUCER of fruit juices. The company has an annual demand of 150,000…
A: Annual Demand = D = 150,000 barrels Cost per barrel = C = $30 Ordering Cost = S = $400 Annual…
Q: Each supplier has a limited capacity in terms of the total number of components it can supply.…
A: Find the Given details below: Given details: Component Supplier 1 2 3 Production plan 1…
Q: Every project is constrained by three dimensions which are interrelated. Use a diagram to illustrate…
A: The three fundamental dimensions of project management are the goal, scope, and budget. Goal: -…
Q: Are there any possible savings in costs that may be realised by outsourcing that a company could…
A: When a company hires or contracts with any other external company to perform the specified tasks in…
Q: Q4. Answer the following questions (a-h), based on the provided project Gantt Chart. The red line…
A: Note: Since you have posted a question with multiple sub-parts, we will solve first four sub-parts…
Q: 9 438 18 482 a. Explain why an averaging technique would not be appropriate for forecasting. b. Use…
A: Forecasting is an important part of any business. It helps to predict future demand and production…
Q: Think of the last time you were hired for a job/training/internship/Coop/school committee. Which of…
A: Recruitment can be stated as the approach of discovering and attracting the probable assets for…
Q: A small grocery store has a single cashier lane where groceries line up to pay for their purchases.…
A: Interarrival time (a) = 3 minutes Arrival rate λ = 1a = 13×60=20 customers per hour Service time (b)…
Q: component of a linear programming nodel EXCEPT _____- decision variables O objective function
A: Decision variable:- Each linear programming model have something to minimise or maximize. Like…
Q: Give reasons as to why many professional services need that you make an appointment. Provide an…
A: Appointment refers to an act where time and place is fixed for a meeting which is usually held…
Q: Explain why it is critical to integrate product demands with production procedures.
A: Production procedures: Production procedures are defined as what kind of methods to…
Q: Analyze the nature and importance of Marketing Logistics and Supply Channel Management.
A: Distinguish between marketing logistics and integrated supply chain management and explain the…
Q: GENERATE THE DECISION VARIABLE SOLUTION AND GENERATE A SENSITIVITY REPORT 1. Southern Sporting Goods…
A:
Q: XYZ Print Inc. uses plain paper for copying needs. Weekly demand for that paper follows a normal…
A: The expected on-hand inventory is the amount of product that a business anticipates needing in the…
Q: It is of the utmost importance to educate customers on the best ways to defend themselves against…
A: Session hijacking is as the term suggests. A user in a session can be hijacked by an attacker and…
Q: Consider the transportation table below. (a) Use the Northwest-Corner Method, the Least-Cost Method…
A: Find the given details below: Given details: Factory Warehouse A B C D Supply 1 4 7 7 1…
Q: What exactly is an evaluation plan?
A: As the roadmaps are used to facilitate the progress in the journey, same as the evaluation plan…
Q: (a) What is an estimate of the proportion defective when the process is in control? (b) What is the…
A: Control charts are also known as process-behavior charts. It is a statistical process that helps in…
Q: Evaluate the ways in which time and quality can affect the cost of a project
A: Time: earlier the time taken for construction of a project better it is because the project can be…
Q: Inc. of trade names. However, does not manu every component used in its products. Several ures home…
A: Given data: Producer's risk of 0.10 when Po= 0.05 Consumer's risk of 0.20 when P1 =0.30 Sample size…
Q: s false regarding control charts? Select one: a. Control charts that have values above the upper…
A: Option a is false Control charts that have values above the upper control limits imply that…
Q: x1 + x2 ≤30 300 ≤5x1 + 6x2 x1 ≥0, x2 ≥0. From the given constraint above, provide the following a.…
A: Linear programming is a mathematical technique that is also used in operations management…
Q: The supply chain includes not only distribution channels but also the suppliers who deliver raw…
A: The supply chain is the series of processes that a product goes through from the time it was created…
Q: Read this excerpt from a speech: Well, children, where there is so much racket there must be…
A: d) sarcastic
Q: Is there a connection between supply chain KPIs and the activities that drive those data?
A: Supply chain KPIs:- Supply Chain Key Performance Indicators (KPIs) are metrics used to measure and…
Q: A company produces two types of tables, T1 and T2. It takes 2 hours to produce the parts of one unit…
A:
Q: 1. Formulate a linear programming model for Angela and Zooey that will help them estimate the number…
A: Linear programming is a mathematical technique that is also used in operations management…
Q: James Beerd bakes cheesecakes and Black Forest cakes. During any month, he can bake at most 65…
A:
Q: How much profit would she make at the optimum combination of resources?
A: Linear programming is a mathematical technique that is also used in operations management…
Q: XYZ, Inc., is a small firm that produces a variety of chemical products. In a particular production…
A: “Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…
Q: ABC Company is planning to stock its product which is classified as an inventory item. The company…
A: Given data is Annual demand(D) = 16200 units Carrying cost(H) = 0.28×730=P204.4 Order cost(S) = P220
Q: Formulate a linear programming model for Mossaic Tiles, Ltd., and determine the mix of tiles it…
A: Linear programming is a mathematical technique that is also used in operations management…
Q: According to MM Model, total value of firm is Decreases with the decreases in WACC Constant None of…
A: According to this approach the total cost of capital of a particular firm is independent of its…
Q: explain in detail what is an operation strategy
A: Strategy:- Managers use strategy to accomplish one or more of the organization's goals. A overall…
Q: Lauren Moore has sold her business for $500,000 and wants to invest in condominium units (which she…
A: As mentioned in the question, the decision variables will be x1 and x2. x1 = Units of condominium…
A company has two warehouses that store different products: Tashkent and Samarkand. When an order
is received, it is distributed across these warehouses: if some of the relevant products are maintained in
Tashkent, a sub-order is sent there; likewise, if some relevant products are maintained in Samarkand, a
sub-order is sent there. Afterward, the order is registered and the process completes. Draw a detailed
BPMM model for this scenario
Step by step
Solved in 2 steps with 2 images
- Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. As the Marketing Manager for Southeastern Corrugated, what would you do upon receiving the request for quotation from Coastal Products?The Tinkan Company produces one-pound cans for the Canadian salmon industry. Each year the salmon spawn during a 24-hour period and must be canned immediately. Tinkan has the following agreement with the salmon industry. The company can deliver as many cans as it chooses. Then the salmon are caught. For each can by which Tinkan falls short of the salmon industrys needs, the company pays the industry a 2 penalty. Cans cost Tinkan 1 to produce and are sold by Tinkan for 2 per can. If any cans are left over, they are returned to Tinkan and the company reimburses the industry 2 for each extra can. These extra cans are put in storage for next year. Each year a can is held in storage, a carrying cost equal to 20% of the cans production cost is incurred. It is well known that the number of salmon harvested during a year is strongly related to the number of salmon harvested the previous year. In fact, using past data, Tinkan estimates that the harvest size in year t, Ht (measured in the number of cans required), is related to the harvest size in the previous year, Ht1, by the equation Ht = Ht1et where et is normally distributed with mean 1.02 and standard deviation 0.10. Tinkan plans to use the following production strategy. For some value of x, it produces enough cans at the beginning of year t to bring its inventory up to x+Ht, where Ht is the predicted harvest size in year t. Then it delivers these cans to the salmon industry. For example, if it uses x = 100,000, the predicted harvest size is 500,000 cans, and 80,000 cans are already in inventory, then Tinkan produces and delivers 520,000 cans. Given that the harvest size for the previous year was 550,000 cans, use simulation to help Tinkan develop a production strategy that maximizes its expected profit over the next 20 years. Assume that the company begins year 1 with an initial inventory of 300,000 cans.A pharmaceutical company has the following situation involving the processing of purchases transaction, were the outside entities are suppliers (who receive purchase orders and ship ordered goods with packing slip), the inventory control department (which prepares requisition related to the needed goods), the store room( which accepts received goods from the receiving department together with receiving reports), and the cash disbursements department ( which receives approved suppliers invoices, together with supporting purchase orders and receiving reports), and management (which receives purchase analysis reports from purchasing ) Required: Draw a context diagram (data flow diagram) for the situation Prepare in good form level zero data flow diagram that articulates with links to context diagram in A the sub processes Preparing the requisitions for needed goods Place order for goods Receive and count goods Place goods in store room Record invoice and approve for payment Prepare…
- E-5 Boston Executive, Inc., produces executive limousines and currently manufactures the mini-bar inset at these costs: (refer the attached image) The company received an offer from Elite Mini-Bars to produce the insets for $2,100 per unit and supply 1,000 mini-bars for the coming year’s estimated production. If the company accepts this offer and shuts down production of this part of the business, production workers and supervisors will be reassigned to other areas. Assume that for the short-term decision-making process demonstrated in this problem, the company’s total labor costs (direct labor and supervisor salaries) will remain the same if the bar inserts are purchased. The specialized equipment cannot be used and has no market value. However, the space occupied by the mini-bar production can be used by a different production group that will lease it for $55,000 per year. Should the company make or buy the mini-bar insert?A circus is scheduled to appear in a city on a given date. The profits obtained are heavily dependent on the weather which can be classified as "good" or" bad". The circus owners may choose to setup operations in a large open field that is centrally located or rent a small building to stage a small version of the circus. The small building is not expected to be adversely affected by bad weather – thus will not affect the circus for it is well secure and has covered parking for the guests. The following shows the profits of the options and states of nature: States of nature Decision alternatives Set up in field Rent small building | Probability Good Bad $14,500 $5,000 -$15,000 $4,000 P(G)=0.5 P(B)=0.5 The circus owners may choose to delay the decision until the day before the event is due. At this time they can obtain the one-day weather report (free) which is usually reliable. This delay will however increase their set up cost by $1000.00 or if they choose to rent, the rental cost will…Please help me understand the problem Problem Intro: Cold-Chain in health care is defined as a temperature control supply chain involving a system of transporting and storing vaccines and drugs. It consists of three major components: transport and storage equipment, training personnel, and efficient management procedures. The majority of the vaccine in the cold chain is typically maintained at a temperature of 2-8°C. Maintaining cold chain integrity is extremely important for healthcare product manufacturers. Especially for the vaccines, improper storage, and handling practices that compromise vaccine viability prove a costly, time-consuming affair. Vaccines must be stored properly from manufacture until they are available for use. Any extreme temperatures of heat or cold will reduce vaccines potency; such vaccines, if administered, might not yield effective results or could cause adverse effects. Case Description link : http://bit.ly/2hRAgYE answer the following questions based on…
- Phillip Witt, president of Witt Input Devices, wishes to create a portfolio of local suppliers for his new line of keyboards. Suppose that Phillip is willing to use one local supplier and up to two more located in other territories within the country. This would reduce the probability of a "super-event" that might shut down all suppliers at the same time at least 2 weeks to 0.5%, but due to increased distance the annual costs for managing each of the distant suppliers would be $25,000 (still $15 comma 000 for the local supplier). A total shutdown would cost the company approximately $400,000. He estimates the "unique-event" risk for any of the suppliers to be 5%. Assuming that the local supplier would be the first one chosen, how many suppliers should Witt Input Devices use? Find the EMV for alternatives using 1, 2, or 3 suppliers. EMV(1)equals=$ (Enter your response rounded to the nearest wholenumber.) EMV(2)equals=$ (Enter your response rounded to the nearest…She must travel to Kenya to check on quality and transportation. The trip will cost $2,500. The cost of the handbag is $10 and shipping to the United States can occur through the postal system for $2 per handbag or through a freight company which will ship a container that can hold up to 1,000 handbags at a cost of $1,000. The freight company charges $1,000 even if less than 1,000 handbags are shipped. Leslie will sell the handbags to retailers for $20. Assume there are no other costs and benefits. what is the output level that both shipping methods yield same profit? HoPlease show solution and formula used. Assuming the total number of students studying in the top four universities in the Philippines is approximately 158,000. And the distribution is as follows: University of the Philippines (UP) - 40% of the total number Ateneo de Manila University (ADMU) - 23,700 De La Salle University (DLSU) - 25% of the total number University of Santo Tomas - 20% of the total number And only the following number of students owns a tablet computer: 20% of UP students 85% of ADMU students 90% of DLSU students 85% of UST students What is the total market penetration of tablet computers among the students of the top four universities? What is the total market size of tablet computers in the top four universities?
- The Marketing Manager of Dotcom Limited has conducted a market research on the price-demand relationship for its consumer durable Product-V which has been recently launched. The price-demand pattern will be as follows: Price per unit (Rs.) 16.650 16.050 14.400 13.050 Product-V is manufactured in batches of 1.000 units. The production manager of Dotcom Limited has also researched and studies the pattern and believes that 50% of the variable manufacturing cost would have a learning effect. This learning curve effect will continue up to 4.000 units of production at constant rate But after 4.000 units of production unit variable manufacturing cost would be equal to the unit cost at the 4 batch. The manufacturing unit cost of the first batch will be Rs. 6.600 of which only 50% is subjected to learning and experience curve effect. The average unit variable of all 4 batches will be Rs 6.180 The price and maximum contribution at which Dotcom Limited should sell Product-V is: Rs.14,400, Rs.…B& Co. is a large manufacturer if an electronic product (NM65). It is the market leader in the particular product segment. The market size is increasing due to increasing popularity of its product. B& Co. has received an offer from a manufacturer of electronic products to produce NM 65 on half of B& Co. and directly supply to the customers of the Northern region. The billing on the customer will done by B& Co. The offer is economically attractive. Required: Write a note on what qualitative factors should be considered before deciding in favour or against accepting the offer.The new software organization requires a new point of sale and stock control system for their many stores throughout Pakistan to replace their aging mini-based systems. A sales assistant will be able to process an order by entering product numbers and required quantities into the system. The system will display a description, price, and available stock. In-stock products will normally be collected immediately by the customer from the store but may be selected for delivery to the customer's home address for which there will be a charge. If stock is not available, the sales assistant will be able to create a backorder for the product from a regional warehouse. The products will then either be delivered directly from the regional warehouse to the customer's home address, or the store for collection by the customer. The system will allow products to be paid for by cash or credit card. Credit card transactions will be validated via an online card transaction system. The system will produce…