1. Insomnia, a coffee bean broker, has 4 warehouses from which it can ship to 3 main buyers. The demand for coffee beans at buyer 1 is 800 pounds, at buyer 2 it is 1000, and at buyer 3 it is 500. Each warehouse holds an inventory of 2000 pounds of coffee beans. The warehouses can only ship coffee beans in full pounds. Given the transportation costs below, they need to determine how product should be shipped between the warehouses and the retailers in order to minimize total cost.
From |
To Buyer |
To Buyer | To Buyer |
Warehouse | 1 | 2 | 3 |
1 | 8 | 10 | 7 |
2 | 6 | 4 | 9 |
3 | 3 | 5 | 6 |
4 | 5 | 2 | 4 |
Transportation Costs ($)
a. Write a formulation for this problem, following the 4 Step approach. (Include this in your submission too)
b. Carry work over to Excel and solve via Excel Solver and report on findings:
• What is the total cost?
• How many units should be shipped between each warehouse and buyer pair?
In: Operations Management
Write 1 to 3 paragraph to answer this question:
What labor standards regarding safety, working conditions, overtime, and the like, should Nike hold foreign factories to: those prevailing in that country, those prevailing in the United States, or something in between?
In: Operations Management
Write a paper about how “ Free study application “ is aligned with developing trends among each: social, environmental, technological, economic and political ) and how this topic connects to the world future vision.
Please each topic in a paragraph.
In: Operations Management
in law and public affairs, what are the implications of delegated legislation, write in one double spaced page
In: Operations Management
Describe and discuss the dangers of small businesses. • Identify
the top three reasons YOU think small businesses struggle. • State
your reasoning behind your selection of the issues. • Present your
ideas for dealing with those issues.
In: Operations Management
1. Orange Inc., is a manufacturer of computer keyboards. Requirements over a typical six-month period are as follows; (Questions 1,2,3)
Month |
January |
February |
March |
April |
May |
June |
Forecasted Demand |
200 |
300 |
400 |
400 |
200 |
300 |
Cost and other Information
Inventory holding cost |
Back ordering cost |
Wages |
Hiring cost |
Lay off cost |
Production rate |
Beginning Number of employees |
$1/unit/month |
$2/unit/ month |
$1000/worker/ employee |
$400/worker |
$250/worker |
100/worker/ month |
4 in the beginning of January |
If a Chase strategy is applied, what is the total cost of the production plan, including the cost of regular wages, hiring and layoffs?
Use the following Table as a reference to calculate the total cost for this plan.
Month |
January |
February |
March |
April |
May |
June |
Forecasted Demand |
200 |
300 |
400 |
400 |
200 |
300 |
Produce |
||||||
Number of Employees Needed |
||||||
Number of employees hired |
||||||
Number of employees laid off |
Group of answer choices
21,600
21,200
20,200
18,650
18,000
18,250
2. Orange Inc., is a manufacturer of computer keyboards. Requirements over a typical six-month period are as follows; (Questions 1,2,3)
Month |
January |
February |
March |
April |
May |
June |
Forecasted Demand |
200 |
300 |
400 |
400 |
200 |
300 |
Cost and other Information
Inventory holding cost |
Back ordering cost |
Wages |
Hiring cost |
Lay off cost |
Production rate |
Beginning Number of employees |
$1/unit/month |
$2/unit/ month |
$1000/worker/ employee |
$400/worker |
$250/worker |
100/worker/ month |
4 in the beginning of January |
What would be the production rate per month for a level strategy?
Group of answer choices
400
300
200
250
350
3. Orange Inc., is a manufacturer of computer keyboards. Requirements over a typical six-month period are as follows; (Questions 1,2,3)
Month |
January |
February |
March |
April |
May |
June |
Forecasted Demand |
200 |
300 |
400 |
400 |
200 |
300 |
Cost and other Information
Inventory holding cost |
Back ordering cost |
Wages |
Hiring cost |
Lay off cost |
Production rate |
Beginning Number of employees |
$1/unit/month |
$2/unit/ month |
$1000/worker/ employee |
$400/worker |
$250/worker |
100/worker/ month |
4 in the beginning of January |
If a level strategy is applied, what is the total cost of the production plan, including the cost of regular wages, hiring and layoffs, inventory holding and back ordering?
Month |
January |
February |
March |
April |
May |
June |
Forecasted Demand |
200 |
300 |
400 |
400 |
200 |
300 |
Produce |
||||||
Inventory |
||||||
Number of Employees Needed |
||||||
Number of employees hired |
||||||
Number of employees laid off |
Group of answer choices
18,650
21,600
18,250
21,200
18,000
20,200
In: Operations Management
Requirements:
Discuss the EOQ Model using an quantitative example computation with interpretation of the solution.
2. The B. N. Thayer and D. N. Thaht Computer Company sells a desktop computer that is popular among gaming enthusiasts. In the past few months, demand has been relatively consistent, although it does fluctuate from day to day. The company orders the computer cases from a supplier. It places an order for 5,000 cases at the appropriate time to avoid stockouts. The demand during the lead time is normally distributed, with a mean of 1,000 units and a standard deviation of 200 units. The holding cost per unit per year is estimated to be $4.
Requirements:
a. How much safety stock should the company carry to maintain a 95% service level?
b. What is the reorder point?
c. What would the total annual holding cost be if this policy is followed
The answer should Include: Computations, Evaluation, and Recommendation
In: Operations Management
Determine the best distribution (minimum transportation costs) from suppliers A, B, C, and D to the five outlets Dallas, Phoenix, Portland, Montreal, and Orlando.
Two-stage distribution problem: RIFIN Company has recently
developed a new
method of manufacturing a type of chemical. The method involves
refining a certain
raw material that can be obtained from four overseas suppliers, A,
B, C, and D, who
have access to the four ports at Vancouver, Boston, Miami, and San
Francisco,
respectively. RIFIN wants to determine the location for plants that
will refine the
material. Once refined, the chemical will be transported via trucks
to five outlets
located in Dallas, Phoenix, Portland, Montreal, and Orlando.
After an initial study, the choice of location for RIFIN's
refineries has been narrowed
down to Denver, Atlanta, and Pittsburgh. Assume that one unit of
the raw material is
required to make one unit of the chemical. The amount of raw
material that can be
obtained from suppliers A, B, C, and D and the amount of chemical
required at the
five outlets are given in the following table (a). The cost of
transporting the raw
material from each port to each potential refinery and the cost of
trucking the
chemical to outlets are provided in tables (b) and (c),
respectively. Determine the
locations of RIFIN's refining plants, the capacities at these
plants, and the distribution
pattern for the raw material and processed chemical.
(a) Supply and demand for four sources and five outlets
Raw Material Source | Supply | Outlet | Demand |
A | 1000 | Dallas | 900 |
B | 800 | Phoenix | 800 |
C | 800 | Portland | 600 |
D | 700 | Montreal | 500 |
Orlando | 500 |
(b) Inland raw material transportation cost
From/To | Denver | Atlanta | Pittsburgh |
Vancouver | 4 | 13 | 9 |
Boston | 8 | 8 | 5 |
Miami | 12 | 2 | 9 |
San Francisco | 11 | 11 | 12 |
(c) Chemical trucking cost
From/To | Dallas | Phoenix | Portland | Montreal | Orlando |
Denver | 28 | 26 | 12 | 30 | 30 |
Atlanta | 10 | 22 | 23 | 29 | 8 |
Pittsburgh | 18 | 21 | 23 | 18 | 21 |
In: Operations Management
In: Operations Management
in laws and public affairs, what are the implications of delegated legislation in one double spaced page?
In: Operations Management
in law and pubic affairs what are the statutory interpretation, write in one double spaced page ?
In: Operations Management
in laws and public affairs, in legislative power what are the statutory interpretation write in one double spaced page
In: Operations Management
At the annual meeting of the HR division at a financial services firm, the vice president of HR noted that pay compression was a problematic phenomenon for certain jobs for which there was high demand, but low supply. This problem was especially acute for jobs in data analytics and marketing. In addition, the VP of HR noted that the company needs to be careful about how much it spends in compensation next year, as profits were down last year. The vice president of HR has hired you as a compensation consultant to help them to formulate an action plan for dealing with this situation. What would you say in this situation about potential solutions to the problem?
a. Give a 20% pay increase to the highest 20% of workers.
b. Institute a 10% pay reduction for the bottom 20% of employees in terms of pay.
c. Reward high performance and merit worthy employees with large pay increases.
d. Give all employees a 10% across the board pay increase.
In: Operations Management
Explain the specific types of benchmarking listed;
Please type the answer
In: Operations Management
Please type answer
In: Operations Management