Given the following information set up the problem in a transportation table and solve for the minimum-cost plan:
PERIOD 1 2 3 Demand 550 700 750
Capacity Regular 500 500 440
Overtime 50 50 50
Subcontract 120 120 100
Beginning inventory 100
Costs Regular time $ 60 per unit
Overtime $ 80 per unit
Subcontract $ 90 per unit
Inventory carrying cost $ 1 per unit
per period Back-order cost $ 3 per unit per period
Suppose that an inventory carrying cost is increased to $2 per unit per period. What will the additional cost of the optimal plan be? (Omit the "$" sign in your response.)
Additional cost $
In: Operations Management
Atlantic Video, a small video rental store in Philadelphia, is open 24 hours a day, and—due to its proximity to a major business school—experiences customers arriving around the clock. A recent analysis done by the store manager indicates that there are 20 customers arriving every hour, with a standard deviation of interarrival times of 2 minute(s). This arrival pattern is consistent and is independent of the time of day. The checkout is currently operated by one employee, who needs on average 2.70 minute(s) to check out a customer. The standard deviation of this checkout time is 3 minute(s), primarily as a result of customers taking home different numbers of videos.
(a) If you assume that every customer rents at least one video (i.e., has to go to the checkout), what is the average time a customer has to wait in line before getting served by the checkout employee, not including the actual checkout time (within one minute)? (Round your answer to two decimal places.)
The average waiting time is ___ minutes?
(b) If there are no customers requiring checkout, the employee is sorting returned videos, of which there are always plenty waiting to be sorted. How many videos can the employee sort over an eight hour shift (assume no breaks) if it takes exactly 1.7 minutes to sort a single video? (Round your answer to nearest whole number.)
Number of videos the employee can sort is ___ sorts?
(c) What is the average number of customers at the checkout desk (both waiting and being served)? (Round your answer to two decimal places.)
The average number of customer is ___?
(d) Now assume for this question only that 10 percent of the customers do not rent a video at all and therefore do not have to go through checkout. What is the average time a customer has to wait in line before getting served by the checkout employee, not including the actual checkout time? Assume that the coefficient of variation for the arrival process remains the same as before. (Round your answer to two decimal places.)
The average waiting time is ___ minutes?
In: Operations Management
In: Operations Management
In: Operations Management
Use the following activities and their three duration estimates (in days) to do the following
Path |
Activity |
Optimistic |
Most Likely |
Pessimistic |
a-b-c |
A |
4 |
5 |
6 |
B |
7 |
8 |
10 |
|
C |
3 |
5 |
9 |
|
d-e-f |
D |
7 |
8 |
11 |
E |
2 |
3 |
4 |
|
f |
1 |
4 |
6 |
In: Operations Management
Find a current organizational or business crisis in the media and discuss whether the organization seemed to have followed the five steps for planning crisis communication
In: Operations Management
In 1977, Honda, a Japanese company, announced plans to build a motorcycle manufacturing plant in the United States near Marysville, Ohio, and in 1980 announced plans to build an automobile manufacturing facility in the same area. Ever since the company made these announcements, Honda’s history has been nothing but impressive.To empha- size this success, the Marysville Auto Plant now produces the Accord Coupe for export to Japan. Honda of America has become a leading auto exporter in the United States, and the motorcycle plant has produced its one-millionth unit of the Gold Wing motorcycle. Many maintain that the following belief statement, which appears prominently on the Honda of America website, is a primary reason for the company’s success: “Why do people want to work for Honda? How does Honda achieve industry-leading quality year after year, mak- ing extremely complex products such as cars, trucks, motor- cycles, and engines? The answer is in Honda’s foundation
principle—the tenant upon which all the other Honda phi- losophies are based. It’s called Respect for the Individual.”
Founders Soichiro Honda andTakeo Fujisawa believed in creating a workforce in which each member’s ideas received the full consideration and respect of the group. People are diverse and that’s a good thing, Mr. Honda believed, because diversity of thought, skills, background, and experiences can enrich the workplace and the product, if the differences are allowed to generate ideas.
In order for the associates’ best ideas to come forward, they must feel valued and comfortable speaking up and in- teracting with their work groups.That’s where respect comes in. Only in an atmosphere of maximized respect and inclu- sion can a workforce reach its highest levels of achievement.
Activities
You have just been contacted to interview for the top management position at Honda of America. You would be responsible for both automobile and motorcycle manufac- turing. Before you visit the Marysville facility for a series of face-to-face interviews, however, you have been asked to answer the following questions related to your own beliefs about how managers should handle people. Answer the fol- lowing questions in preparation for your trip to Marysville.
What is your personal philosophy about using “job design” as a tool for motivating Honda of America employees?
In: Operations Management
What was the intended purpose of the American Recovery and Reinvestment Act (ARRA) of 2009 and why was this legislation proposed? Include key economic terms from Module 1 lectures and the text in your answer (GDP, mixed economy, etc.).
In: Operations Management
Give a short synopsis of history of International Standard Organization (ISO) (www.iso.org), then explain the evolution of ISO certification in the United States Ensure to include the concepts of Order Qualifier and Order Winner in your discussion of ISO evolution.
In: Operations Management
QUESTION ONE
Leadership models have a much more profound, meaningful and significant impact on any organization. You are required to highlight the strengths and weaknesses of the following leadership models
QUESTION TWO
Delegation and Empowerment are both effective tools for effective leadership. You are required to elaborate on the differences between Empowerment and Delegating leadership functions in a corporate environment.
In: Operations Management
Pick any one of your favorite apps. Use the app to describe the 4 Cs and provide an example of each C
In: Operations Management
FBI & Apple Encryption Dispute
The essay topic is the analysis of the FBI & Apple Encryption Dispute.
In: Operations Management
Use a local restaurant to provide an example of the 4 Ps marketing mix framework. Provide a specific example for each P.
In: Operations Management
Discuss the _ Risks and Benefits of implementing a Lean System in a service environment or production.
Use an example business to explain your points of concern and improvement
In: Operations Management
Identify the constitutional protections given to a criminal defendant by each of the following Amendments to the U.S. Constitution. How does each apply to the procedure involved in arresting and trying a criminal defendant? a. Fourth Amendment b. Fifth Amendment c. Sixth Amendment.
In: Operations Management