Questions
Recall the Blue Ridge Hot Tubs problem we discussed in class. Let x1 = no. of...

  1. Recall the Blue Ridge Hot Tubs problem we discussed in class. Let x1 = no. of Aqua-Spas produced, x2 = no. of Hydro-Luxes produced, and x3 = no. of Typhoon-Lagoons produced. Suppose we change some of the original conditions in the problem, and solve it using Solver. Use the sensitivity report given to answer the questions below:

Sensitivity Report

Name

Final Value

Reduced Cost

Objective Coefficient

Allowable Increase

Allowable Decrease

# Aqua-Spa

110

0

350

80

30

# Hydro-Lux

0

-20

300

20

Infinite

# Typhoon-Lagoon

75

0

320

50

10

Constraints

Name

Final Value

Shadow Price

Constant RHS

Allowable Increase

Allowable Decrease

# Pumps used

175

150

175

10

15

Hrs. Labor Used

    1400

0

1500

Infinite

125

Ft. of Tubing Used

2550

7

2550

100

50

(a)What is the optimal decision? What is the value of the profit if this decision is implemented?

(b) What is the allowable set of values that the objective function coefficient of x3 can range over? How should this range be interpreted? Choose a value in that range, and calculate the value of the profit for that value.

(c) How much of each resource is being consumed to produce the optimal solution?

(d) What is the meaning of the shadow price for tubing?

(e) Why is the shadow price for labor equal to zero?

(f) What is the meaning of the reduced cost for Hydro-Luxes?

In: Operations Management

list 8 tangible and 8 intangible resources for Johnson & Johnson. then do a VRIO analysis...

list 8 tangible and 8 intangible resources for Johnson & Johnson. then do a VRIO analysis for 4 of each of the tangible and intangible resources. then, conclude whether each one creates a competitive advantage, parity, or disadvantage - and why ?

.

In: Operations Management

Imagine you are CEO of a local hospital. Which policies and procedures would you develop and...

Imagine you are CEO of a local hospital. Which policies and procedures would you develop and deploy in order to facilitate superior strategy execution?

In: Operations Management

Nowadays, access to global talent, labor, and markets is cheaper and easier than it was in...

    • Nowadays, access to global talent, labor, and markets is cheaper and easier than it was in the past.

      TrueFalse

    • 2-Select the most appropriate answer about bringing components from other continents.

      • It reduces the opportunities for line stoppage in the home country.
      • It does not increase the potential risk of violating sustainability standards.
      • It tremendously reduces the risk of violating labor standards.
      • It can delay components due to longer journeys.
      • None of the above
    • 3- Managers need to consider multiple aspects and trade-offs holistically in network design decisions.

      TrueFalse

    • 4-Which of the following is a reason to sell abroad?

      • a. expansion of the company's potential market
      • b. diversification of the company's customer base
      • c. reduction of the company's dependence on domestic economy
      • d. both a and c
      • e. a, b, and c

In: Operations Management

compare and contrast competitive orientation versus coopertive orientation for supplier relations

compare and contrast competitive orientation versus coopertive orientation for supplier relations

In: Operations Management

The practice manager wants to complete a strategic plan as a guiding framework for the organization...

The practice manager wants to complete a strategic plan as a guiding framework for the organization for the next five years. From whom should she get input to help shape this plan? Should cultural competency initiatives be included in this plan?

In: Operations Management

A. The expected demand for a regular component is 2000 units per year. The item can...

A. The expected demand for a regular component is 2000 units per year. The item can be purchased from Bonjo Limited. Their lists are shown in the table below. The ordering cost is $200 and the carrying cost per unit is 75%. The cost is $20.

BONJO LIMITED
QUANTITY DISCOUNT
1 - 199 0%
200 - 499 2%
500 - more 5%


You have just been promoted as the operations manager for this firm. Advise the purchasing manager in making the following decisions.

i. What is the economic order quantity?      

ii. If BONJO wants to consider quantity discount, what quantity should he order and why?  


B. Over the past year Jojo Ltd had annual sales of 10, 000 detergent paste ‘KEY’. The average quarterly sales for past 5 years have averaged; ?1 = 4000, ?2 = 3000, ?3 = 2000, and ?4 = 1000. Find the seasonal index.

In: Operations Management

What if any example of a company engaging in an unethical practice which demonstrably harmed their...

What if any example of a company engaging in an unethical practice which demonstrably harmed their reputation? What efforts (if any) have they made to try to fix it?

In: Operations Management

Develop a productivity Develop a productivity improvement strategy

Develop a productivity Develop a productivity improvement strategy

In: Operations Management

List and describe each of the three strategy-evaluation activities. Be very thorough in your responses, remember...

List and describe each of the three strategy-evaluation activities. Be very thorough in your responses, remember essay responses require development of your work into paragraphs. Each of these three activities should be described in their own paragraphs.

In: Operations Management

Are the present rights given to strikers by the National Labor Relations Board (NLRB) appropriate? Why...

Are the present rights given to strikers by the National Labor Relations Board (NLRB) appropriate? Why or why not?

In: Operations Management

Read and review the Module 1 content before responding to this discussion. Please choose one of...

Read and review the Module 1 content before responding to this discussion. Please choose one of the questions below and provide a 3-5 sentence response. What is Academic Integrity? What do you wish you would have known about plagiarism when you began your program? How does the need to uphold academic integrity impact your approach to writing assignments in the future? What are the most common reasons students plagiarize? What strategies can be used when taking notes to avoid plagiarism? Please be original No plagrasim

In: Operations Management

What are the advantages and disadvantages of a divisional organizational structure? Be very thorough in your...

What are the advantages and disadvantages of a divisional organizational structure? Be very thorough in your responses

In: Operations Management

During to the Bill Conerly about “Business Strategy for Climate Change” what his point for the...

During to the Bill Conerly about “Business Strategy for Climate Change” what his point for the climate change business strategy?  

In: Operations Management

Name and describe at least four ways managers can reduce stressors that lead to employee burnout....

Name and describe at least four ways managers can reduce stressors that lead to employee burnout. Next, describe how you might use these techniques to cope with the following situation: You are the CEO of Tate & Stephens, a highly successful advertising firm located in New York City. Your agency represents major clients worth tens of millions of dollars each year. Because the stakes are so high, account executives and creative directors work 70 to 80 hours a week, and they are stressed out most of the time. You want to do something to help your workers remain productive and focused while helping to prevent burnout.

In: Operations Management