What is the utilization rate of EVSU? b. What is efficiency of EVSU
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1. Eastern Visayas State University (EVSU) has facilities and faculty to handle an enrollment of 25,000
students per semester. However, in an effect to limit class sizes to a reasonable level (under 2,000
generally), the EVSU VPAA, placed a ceiling on enrollment of 18,000. Although there was ample
demand for all courses last semester, conflicting
college. There are 10 colleges in EVSU.
a. What is the utilization rate of EVSU?
b. What is efficiency of EVSU?
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- Southeastern Oklahoma State University's businessprogram has the facilities and faculty to handle an enrollmentof 2,000 new students per semester. However, in an effortto limit class sizes to a "reasonable" level (under 200, generally),Southeastern's dean, Holly Lutze, placed a ceiling on enrollmentof I ,500 new students. Although there was ample demand forbusiness courses last semester, conflicting schedules allowed onlyI ,450 new students to take business courses. What are the utilizationand efficiency of this system?Spectrum Hair Salon is considering expanding itsbusiness, as it is experiencing a large growth. Th e question iswhether it should expand with a bigger facility than needed,hoping that demand will catch up, or with a small facility,knowing that it will need to reconsider expanding in three years.Th e management at Spectrum has estimated the followingchances for demand:• Th e likelihood of demand being high is 0.70.• Th e likelihood of demand being low is 0.30.Estimated profi ts for each alternative are as follows:• Large expansion has an estimated profi tability of either$100,000 or $70,000, depending on whether demand turnsout to be high or low.• Small expansion has a profi tability of $50,000, assuming thatdemand is low.• Small expansion with an occurrence of high demand wouldrequire considering whether to expand further. If thebusiness expands at this point, the profi tability is expected tobe $90,000. If it does not expand further, the profi tability isexpected to be $60,000.Draw a…Spectrum Hair Salon is considering expanding itsbusiness, as it is experiencing a large growth. Th e question iswhether it should expand with a bigger facility than needed,hoping that demand will catch up, or with a small facility,knowing that it will need to reconsider expanding in three years.Th e management at Spectrum has estimated the followingchances for demand:• Th e likelihood of demand being high is 0.70.• Th e likelihood of demand being low is 0.30.Estimated profi ts for each alternative are as follows:• Large expansion has an estimated profi tability of either$100,000 or $70,000, depending on whether demand turnsout to be high or low.• Small expansion has a profi tability of $50,000, assuming thatdemand is low.• Small expansion with an occurrence of high demand wouldrequire considering whether to expand further. If thebusiness expands at this point, the profi tability is expected tobe $90,000. If it does not expand further, the profi tability isexpected to be $60,000.
- As public awareness of the need to recycle, reuse and repair has grown, TerraCycle has found that it has needed to create more recycling centres around the country to meet the new demand. 1. Identify two points of time throughout a one-year period where the capacity of the TerraCycle Recycling Centres will exceed their normal operations capacity and explain why there is an increase in demand during these periods. 2. Discuss at least three different approaches to managing capacity about TerraCycle and the challenges which each approach may face. 3. Recommend one action based on your analysis of TerraCycle to improve capacity management and explain how this could be implemented and monitored in the long run.st K Southeastern Oklahoma State University's business program has the facilities and faculty to handle an enrollment of 2,000 new students per semester. However, in an effort to limit class sizes to a "reasonable" level (under 200, generally), Southeastern's dean, Holly Lutze, placed a ceiling on enrollment of 1,500 new students. Although there was ample demand for business courses last semester, conflicting schedules allowed only 1,420 new students to take business courses. The utilization rate for Southeastern = 71% (enter your response as a percentage rounded to one decimal place). The efficiency rate for Southeastern % (enter your response as a percentage rounded to one decimal place). elpLorraine has received a lump sum of R500 000.00 from her retirement fund. She intends to usethese funds to start a student accommodation business. In order to start this business, Lorrainewould need approximately R1 million, funds are needed for building the students accommodationapartments and to register with various regulatory bodies. She has to source additional funding inorder to realise this dream. In the business plan, Lorraine has outlined the following:• Accommodation will be offered ONLY to students in Cape Town, Johannesburg,Mpumalanga and Polokwane.• ONLY females will be approved to reside in these houses, between the age of 18 - 35.• Marketing of the business will be done on community Radio stations only at the fourmentioned cities.• It is going to be a family business, Friends and relatives are in support of the idea but arenot able to support the business financially There are three types of Market coverage. Explain the type of market coverageapplicable to Lorraine’s…
- • Use this information for the question below. Low-Grade Copper Ore $571 per Ton High-Grade Copper Ore $843 per Ton Coloma Cooper Incorporated is able to produce $640 worth of copper from one ton of low-grade copper ore. Because of its higher copper content, Coloma can produce $940 worth of copper from one ton of high-grade copper ore. A mining company is offering to trade 7,250 tons of low-grade copper ore for 5,000 tons of high-grade copper ore. Assuming Coloma currently has 5,000 tons of high-grade ore, what should it do?Q2) (a) A Missouri job shop has four departments--machining (M), dipping in a chemical bath (D), finishing (F), and plating (P)-assigned to four work areas. The operations manager, Mary Marrs, has gathered the following data for this job shop as it is currently laid out. It costs $0.50 to move 1 workpiece 1 foot in the job shop. Determine cost of material handling in the current layout. Further, suggest a revised layout that has the lowest material handling cost. 100s of Workpieces Moved Between Work Areas Distances Between Work Areas in Feet M D F P M D F P M 18 2 20 12 8 4 2 6. 10 F 18 4Production and sales estimates for March for Robin Co. are as follows: Estimated inventory (units), March 1 18,000 Desired inventory (units), March 31 21,600 Expected sales volume (units): Territory M 7,000 Territory L 8,000 Territory O 9,000 Unit sales price P15 The number of units expected to be manufactured in March is _______________________________________________ Show solution.
- West Indies Batting Inc is again on the rise due to the increasing sale of cricket bats throughout the region. BATS R’ US, a cricket bat-making company located in Charlestown, Nevis has been at the forefront of this increasing sales for cricket bats. The monthly demand in sales at BATS R’ US is provided in the table below. 1. Compute a three-period moving average and a four-period moving average for weeks 5, 6, and 7. 2. Compute the MAD for both forecasting methods. 3. Which model is more accurate? 4. Forecast week 8 with the more accurate method. Month Sale of bats 1 119 2 147 3 189 4 217 5 133 6 119 7 147Problem 20-7 (Algo) Wholemark is an Internet order business that sells one popular New Year greeting card once a year. The cost of the paper on which the card is printed is $0.29 per card, and the cost of printing is $0.10 per card. The company receives $3.75 per card sold. Since the cards have the current year printed on them, unsold cards have no salvage value. Their customers are from the four areas: Los Angeles, Santa Monica, Hollywood, and Pasadena. Based on past data, the number of customers from each of the four regions is normally distributed with mean 2,300 and standard deviation 200. (Assume these four are independent.) What is the optimal production quantity for the card? (Use Excel's NORMSINV() function to find the correct critical value for the given a-level. Do not round intermediate calculations. Round Normsinv value to 4 decimal places. Roundup your answer to the nearest whole number.) Optimal production quantityVariable cells Cell Name Final Value Reduced Cost Objective Coefficient Allowable Increase Allowable Decrease $B$6 Activity 1 3 0 30 23 17 $C$6 Activity 2 6 0 40 50 10 $D$6 Activity 3 0 –7 20 7 1E+30 Constraints Cell Name Final Value Shadow Price Constraint R.H. Side Allowable Increase Allowable Decrease $E$2 Resource A 20 7.78 20 10 12.5 $E$3 Resource B 30 6 30 50 10 $E$4 Resource C 18 0 40 1E+30 22 If the right-hand side of Resource B changes to 10, then the objective function value: Multiple Choice will decrease by $120. will decrease by $60. will decrease by $20. will remain the same. can only be discovered by resolving the problem.