Questions
Mango Electronics Inc. is a Fortune 500 company that develops and markets innovative consumer electronics products....

Mango Electronics Inc. is a Fortune 500 company that develops and markets innovative consumer electronics products. The development process proceeds as follows.

Mango researches new technologies to address unmet market needs. Patents are filed for products that have the requisite market potential. Patents are granted for a period of 10 years starting from the date of issue. After receiving a patent, the patented technologies are then developed into marketable products at 5 independent development centers. Each product is only developed at one center. Each center has all the requisite skills to bring any of the products to market (a center works on one product at a time). On average, Mango files a patent every 8 months (with a standard deviation of 8 months). The average development process lasts 29 months (with a standard deviation of 58 months).

(a) What is the utilization of Mango’s development facilities? (Round your answer to two decimal places.)

The utilization of Mango's development facilities is ___ %?

(b) How long does it take an average technology to go from filing a patent to being launched in the market as a commercial product? (Round your answer to one decimal places.)

The total time is ___ months?

(c) How many years of patent life are left for an average product launched by Mango Electronics? (Round your answer to one decimal places.)

Number of year patient life are left for a product is __ years?

In: Operations Management

Question 41: From the information given below about Red Diamond Almond factory, calculate the following:                         &

Question 41: From the information given below about Red Diamond Almond factory, calculate the following:                                                                                                                 

  • the optimal order size and total annual inventory cost minimum
  • # of production runs and the time between runs
  • the length of run (run length)
  • inventory level maximum

Red Diamond Almond factory makes special almond butter supplied to local stores. It costs $175 every time the factory makes almond butter to set up the production process. The demand at the local stores for this almond butter is 205lbs per day. The factory can make 350lbs of almond butter per day. Annual cost: It costs $12 annually (365 days) to carry a pound of almond butter in a storage area that is refrigerated.

In: Operations Management

Now that GlaxoSmithKline has decided not to pay its salespeople based on number of prescriptions written,...

Now that GlaxoSmithKline has decided not to pay its salespeople based on number of prescriptions written, how do you propose they motivate their salespeople? What motivational approaches do you recommend and why do you think they are appropriate?

In: Operations Management

Question Set A manufacturing operation must periodically purchase bulk quantities of bolts. The bolts are purchased...

Question Set

A manufacturing operation must periodically purchase bulk quantities of bolts. The bolts are purchased in boxes of 500 and are consumed at a constant rate. The operation expects to purchase 28,000 boxes over the coming year. Each box costs $140, the annual holding cost per box is $22, and the cost of placing an order is $170 (regardless of the quantity ordered). For the following questions, use the basic economic order quantity model (without quantity discounts).

1. What is the economic order quantity (in boxes)? (2pts)

2. Calculate the annual inventory holding costs based on the average inventory level and annual holding cost per box. (2pts)

3. Calculate the annual inventory ordering costs based on the number of orders expected to be placed during the coming year. (2pts)

4. Create a data table showing the total inventory costs (only) for order quantities varying from 100 to 1050 (use a step size of 50). You must use a data table structure to receive full credit for this problem. (8pts)

5. Create a scatter chart (use the one with markers and smooth lines) showing how total inventory costs are a function of the order quantity. Be sure to label your axes appropriately. (6pts)

Show work and in excel please

In: Operations Management

Given the following information set up the problem in a transportation table and solve for the...

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...

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

3. What are the inputs that feed into the project charter?

3. What are the inputs that feed into the project charter?

In: Operations Management

2. What are the prime objectives of the project charter and why it is important?

2. What are the prime objectives of the project charter and why it is important?

In: Operations Management

Use the following activities and their three duration estimates (in days) to do the following Calculate...

Use the following activities and their three duration estimates (in days) to do the following

  1. Calculate the probability that the project will take at least 19 days - use 2 decimals when determining the duration
  1. determining the duration

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...

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...

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.

  1. 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...

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...

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....

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

  1. Autocratic                                                         
  2. Laissez’ Faire                                                   

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...

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