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- The objective of production management are as follow... (select all that applies __ Right Quality __ Right Choice __ Right Manufacturing Cost __ Right Marketing __ Right time __ Right QuantityThe Excessive Course Fees. The $75 per credit hour course fee tacked on to all the MBA classes has generated a windfall of $56,250 in its first semester. “Now we just need to make sure we spend it all on the MBA students,” the assistant dean said to the Graduate Curriculum Committee. Four months later, the chairman of the committee, Professor Lee, distributed the following shopping list and tried to figure out what items to get for all the MBA students. As an expert in management science, Professor Lee tended to think in terms of binary decision variables, so he added the left-most column for ease of use. For example, if iPads are purchased for all the MBA students, A = 1, and otherwise A = 0; if a job fair is organized for all the MBA students, C = 1, and otherwise C = 0. Decision Variable Item Cost Note A iPads $750/unit Must get the cover if iPads are purchased B iPad covers with MBA logo $25/unit Not needed unless we buy iPads C Job fair $15,000 Can’t afford both this and…Discuss each of the following objectives listed and the relationship each has withjob shop performance.a. Reduce WIP inventory
- Identify the concepts and their corresponding description, obtained from the survey of a construction company: In the context of a construction company, it is required to maintain the organization of different works that the company carries out. Our client is in the habit of organizing a set of tasks into what is called a batch. Items are used as units of work intermediate level, to which a limited amount of material can be assigned to fulfill the tasks that compose them. It is necessary to distinguish the suppliers and the prices of each material, even if there is only one supplier for each material. Although rare, tasks can have an associated machine; but generally, they have more than one. The machines are not related to the work other than by the tasks and the items; and only operators with category “A” can operate them. All workers are paid according to their category and the hours worked, regardless of the work. ➢ Carry out the definition of the types of objects found. ➢ Develop…Make an advertisement for hiring engineers for each various organizations' levels. three level of organition 1. Level One – those with minimal engineering jobs like retailing firms.2. Level Two – those with a moderate degree of engineering jobs like transportation companies.3. Level Three – those with a high degree of engineering jobs like construction firms.Your Corporation manufactures four products that use the same raw material and production machine. Your Company is experiencing a shortage of pounds of the raw material. Information related to the four products are shown below. Products A B C D Selling price $40 $32 $35 $65 Variable cots $34 $22 $27 50 Machine hours per unit 6 8 5 7 Pounds per unit 18 20 28 38 To maximize profit next month, in what order would it be best to schedule production (first to last)? a. A, B, C, D b. A, D, B, C c. B, D, A, C d. D, A, C, B
- 1. Online sales are highest for: a. B2B products b. B2C products c. B2B services d. B2C services Explain why other options are incorrect.Which of the following terms describes: "the flow of goods, services, and information from the initial sources of materials and services to the delivery of products to consumers"? a. enterprise resource planning (ERP). b. customer list. c. supply chain. d. material requirements planning (MRP).making. Using the obtained information, compute for the total cost production of the finished product. Unit Cost of Cost of Ingredients Items Quantity the Item¹ Used² (Php) (Php) Lean pork or chicken 1 360.00/kg 360.00 Salt 0.016 20.00/kg 0.32 Sugar 0.15 60.00/kg 9.00 Curing Salt 0.007 40.00/kg 0.28 Black pepper 0.002 360.00/kg 0.72 MSG 0.001 165.00/kg 0.165 Ingredient Cost 370.49 Overhead cost* 35.00 Total cost of Production 405.49 * PhP 35.00 (cost of labor, water, electricity, packaging, storage, etc.) 1 1 Unit cost of the Item = Price of a package of ingredient / Total quantity in the package 2 Cost of Ingredient = Quantity x Unit Cost of the Item 2. If the meat will be sold with 30% mark up, how much would the selling price be?
- Determine the number of cycles per day and the production quantity per cycle for this set ofvehicles:Product Daily QuantityA 21B 12C 3D 15Use the sequence A-B-C-DWhat is a Detail Diagram.What is a IPO diagramo (B) Which Product Sub-Category has the highest 'Sale per Customer' and 'Profit per Order'? Name the Sub-Category for the highest 'Sale per Customer' and 'Profit per Order' Value 1500 1000 500 -500 Category / Sub-Category Office Supplies Furniture Technology Boo.. Cha.. Fur.. Tab.. App.. Art Bin.. Env.. Fas.. Lab.. Pap.. Sto.. Sup.. Acc.. Cop.. Mac.. Pho.. £124.52 £1,038.64 £44.48 £665.64 £31.16 £241.71 Profit per Order Profit per Order Profit per Order £-230.75 £1,211.28 £150.94 £1,063.47 £-230.75 £1,211.28 Profit per Order Ital I... Profit per Order £25.47 per Order Profit £256.55 £17.63 per Order Profit £166.55 £20.67 per Order Profit £123.46 | £10.57 per Order Profit £60.51 £7.61 Profit per Order £48.29 £21.30 £132.25 £24.43 Profit per Order per Order Profit £551.44 £22.81 £154.34 £78.32 £126.58 £1,043.22 £504.87 £42.90 £690.91 £69.93 per Order Profit per Order Profit per Order Profit per Order Profit per Order Profit £926.44 Profit per Order and Sales per Customer for each…