A company needs to open new warehouses to distribute products to the customers in two different regions. The company has to decide where to open warehouses and in which capacity should be preferred for them. Past data shows that average daily demand of customers are 1000 units for the customers in region 1 and 1200 units for the customers in region 2. There are two possible locations to open a warehouse. The daily equivalent setup cost of opening a warehouse at location alternative A requires $1,000 for a warehouse with delivery capacity of 1000 units per day and it requires $1,500 for a warehouse with delivery capacity of 2200 units per day. The daily equivalent setup cost of opening a warehouse at location alternative B is $550 for a warehouse with a maximum capacity of 1200 units per day. Delivery costs are as follows: $1 from a warehouse located at A to the customers in region 1; $1.5 from a warehouse located at A to the customers in region 2; $1.5 from a warehouse located at B to the customers in region 1; $1 from a warehouse located at B to the customers in region 2. Develop a linear mathematical model for minimizing total daily equivalent cost of distribution system
In: Operations Management
FC.75 The Rexburg Taco Bell wants to forecast—by time of day or
"season"—the total number of Crunchy Tacos it will sell in July,
based on the previous six months of sales as found in the table
below:
Meal Time | Jan | Feb | Mar | Apr | May | Jun |
---|---|---|---|---|---|---|
Lunch | 1,936 | 2,044 | 2,122 | 1,912 | 2,048 | 2,105 |
Afternoon | 1,004 | 1,107 | 958 | 831 | 980 | 833 |
Dinner | 2,113 | 2,040 | 2,014 | 2,173 | 1,995 | 2,058 |
FourthMeal | 497 | 647 | 431 | 567 | 591 | 625 |
What is the seasonal index for the lunch season? (Display your answer to two decimal places.)
What is the seasonal index for the dinner season?
(Display your answer to two decimal places.)
What is the seasonal index for the FourthMeal
season? (Display your answer to two decimal
places.)
Taco Bell believes that total July sales of Crunchy Tacos will be
5,550. Based on this forecast for July, how many Crunchy Tacos
should they expect to sell during the afternoon
"season" in that month? (Display your answer to
two decimal places.)
In: Operations Management
James is anylyzing the production process of the firm. By Assuming a separate person works at each step in the process, please answer the following questions.
STEP #1 -> | STEP #2--> | Step #3--> | Step #4--> |
15 min/unit | 40 min/unit | 30 min/unit | 20 min/unit |
=======(A)========
What is the maximum output of the current system in 8 hours?
=========(B)============
How would the maximum output of the system be increased in 8 hours if he hired a new worker for the bottleneck of the production process?
In: Operations Management
Think of the group experiences you have had at work, at home, at school, or in any formal or informal organizational environment. Think of “organizational environment” as simply meaning a group of individuals that get together to pursue a goal. Think of a specific example from those experiences, and see which one of the models of group dynamics best applies to that example.
Choose specifically one from the following theories: the stages of group development, the punctuated-equilibrium model, collective efficacy, cohesion, or social loafing. You can choose an example where the group was highly effective, or an example where the group dynamics became an obstacle to performance.mics
In: Operations Management
A group of your friends from college are planning to start a clothing line company. They are in the process of writing their vision statement, mission statement, and values statement. They come to you for examples of companies’ statements you feel they could model theirs from.
You offer to give them advice. Write a professional 1-page (300-350 word) email addressing the following areas:
In: Operations Management
QUESTION 2 [9 marks]
The Amalgamated Parcel Service is open 7 days a week. The schedule of requirements is as follows:
Monday Tuesday Wednesday Thursday Friday Saturday Sunday
6 3 5 3 7 2 3
Requirements
The Manager needs a workforce schedule that provides each employee with TWO consecutive daysoff per week and minimizes the total amount of slack capacity.
a. Prepare and present a work schedule highlighting the days off.
b. Indicate the total number of workers that the manager needs to schedule. (2 marks
In: Operations Management
What does it mean to adopt a maturity matching approach to financing assets, including current assets? How would a more aggressive or a more conservative approach differ from the maturity matching approach, and how would each affect expected profits and risk? In general, is one approach better than the others? Use your industry for illustration.
In: Operations Management
stating why false positive matters to you (i.e., why you need to be careful) when driving a car with AEB system.
In: Operations Management
Use exponential smoothing with trend adjustment. Consider T1 = 2, F1 = 12, α alpha = 0.2 , delta = 0.3
PART (A) What is your forecast for period 3?
Part (B) What is the related MAD for your forecast?
Month | Actual Demand |
1 | 15 |
2 | 25 |
In: Operations Management
In: Operations Management
Jedi Industries wants to use a training system that is individualised, including individual performance and a great deal of time and research. Which training system would you recommend for the company and why would you commend this system? (10).
In: Operations Management
In: Operations Management
In: Operations Management
29. DESCRIBE THE PROCESS OF OVERCOMING EMPLOYEES’ RESISTANCE TO CHANGE
In: Operations Management
In: Operations Management