A bank's mortgage department must process the following six jobs to maximize client satisfaction. Mortgage Processing Time (days) Due Date 1 18 46 2 11 10 3 22 80 4 10 29 5 21 40 6 23 65 What sequencing rule should you use? The most appropriate sequence rule is EDD FCFS SPT
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A bank's mortgage department must process the following six jobs to maximize client satisfaction.
| Mortgage | Processing Time (days) | Due Date |
| 1 | 18 | 46 |
| 2 | 11 | 10 |
| 3 | 22 | 80 |
| 4 | 10 | 29 |
| 5 | 21 | 40 |
| 6 | 23 | 65 |
What sequencing rule should you use?
The most appropriate sequence rule is EDD FCFS SPT
The best sequence is : 1-6, 1-6,1-6,1-6,1-6,1-6
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- An electric cintractors record during the last five weeks indicate the number of job requests predict the numver of request for week 6 using each of these methids 1. Naive 2 four period moving average Exponential smoothing with alpha=.30 usr 20 for week 2 forcast Where week 1 n request is 20 week 2 request is 22 week 3 request is 18 week 4 request is 21 week 5 request is 22A company makes two products (A and B). Each product requires time on two machines 1 and 2. the specifications for each product are as follows Product A Product B Processing time on machine 1 (hrs/unit) Processing time on machine 2 (hrs/unit) Material and labor cost (Sh./ unit) Selling price (Sh./ unit) Maximum possible sale (units) 2 1 2 14 15 16 18 130 150 The amount of time available on machine 1 is 360 hrs and on machine 2 is 260 hrs. Using simplex method determine the number of product A and B, which should be sold in order to maximize total contribution for the company.SIMPLEX METHOD: Min C = 3X1 + 7X2 + 5X3 Subject to: X1 + X2 + X3 > 50 2X1 + 3X2 + X3 > 100 Based on the initial tableau, answer questions no. 1-5 What is the value of X3 on the Cj row? What is the value of S2 on the right-hand side/quantity column? What is the value of Zj on the right-hand side/quantity column? What is the value of X3 on the Cj – Zj row? What is the entering variable?
- A machine shop manufactures two types of bolts. The bolts require time on each of the three groups of machines, but the time required on each group differs, as shown in the table below. Type I Type IIMachine 1 0.2 min 0.2 minMachine 2 0.6 min 0.2 minMachine 3 0.04 min. 0.08 min Production schedules are made up one day at a time. In a day, 300, 720, and 100 minutes are available, respectively, on these machines. Type I bolts sell for 15¢ and type II bolts for 20¢. (a) How many of each type of bolt should be manufactured per day to maximize revenue?(b) What is the maximum revenue?(c) Suppose the selling price of type I bolts began to increase. Beyond what amount would this price have to increase before a different number of each type of bolts should be produced to maximize revenue?At the University Hospital, five blood samples must bescheduled through a blood-testing laboratory. Eachsample goes through up to four different testing stations.The times for each test and the due dates for eachsample are as follows:Sample Test Station/Hours Due Date (hours)1 A/1, B/2, C/3, D/1 62 B/2, C/3, A/1, D/4 103 C/2, A/3, D/1, C/2 84 A/2, D/2, C/3, B/1 145 D/2, C/1, A/2, B/4 12a. Using a Gantt chart, schedule these five samples in priority order of earliest due date first.b. Assume that the capacity of each test station (A, B, C and D) is doubled. Prepare an FCS for this situation.c. What are the bottleneck work centers in part a of the problem. Suggest capacity additions that might be needed.Currently a company that designs Web sites has five customers in its backlog. The time since the order arrived, processing time, and promised due dates are given in the following table. The customers are ready to be scheduled today, which is the start of day 190. Customer Time Since Order Arrived (days ago) Processing Time (days) Due Date (days from now) Upper AA 6 18 66 Upper BB 3 24 58 Upper CC 2 32 100 Upper DD 10 22 26 Upper EE 8 12 50 a. Develop separate schedules by using the FCFS and EDD rules. Compare the schedules on the basis of average flow time and average days past due. Part 2 Using the FCFS (first come, first served) decision rule for sequencing the customers, the order is: Sequence 1 2 3 4 5 Customer D E A B C Part 3 Using…
- Currently a company that designs Web sites has six customers in its backlog. The time since the order arrived, processing time, and promised due dates are given in the following table. Job Time Since Order Arrived (days ago) Processing Time (days) Due Date (days from now) A 6 18 48 B 4 22 52 C 1 30 70 D 10 14 28 E 7 12 56 F 5 20 62 Develop a schedule by using the first-come, first-served (FCFS) rule and calculate the average flow time and average days past due for the schedule. Develop a schedule by using the earliest due date (EDD) rule and calculate the average flow time and average days past due for the schedule. Comment on the performance of the FCFS and EDD rules relative to average flow time and average days past due.Scenario 3: Falsifying Attendance Jason, a Junior System Administrator with the Management Information Systems Department, clocked in 4 minutes and 27 seconds late for work this morning. While he won’t get fired for it, being late this once means that he will not receive the perfect attendance incentive which he needs to make ends meet, given his daughter’s recent series of hospitalizations. It’s not that Jason didn’t make an effort to be there on time. He actually arrived in the office five minutes early but was unable to clock in immediately because his direct superior, Raffy, asked him for an informal project progress report as soon as he walked in the door. As a Junior System Administrator, Jason has access and the capability to edit the company’s attendance records. He figures that since he was unable to punch in only because of his boss, it wouldn’t hurt to edit the timestamp on his attendance for today. What is the Business Ethics Principles that suit to this case study?…An event when denotes a particular task or activity is frequently shown as a round circle and called ?
- A company assembles a product that consists of three pieces called AA, BB, and CC. The AA and BB parts are manufactured by the company itself, while the CC parts are purchased from another manufacturer. The process times, in hours, required for each piece in each of the processes are given in the following table: Process 1 Process 2 Process 3 Process 4 Process 5 AA 1 0.5 0.5 BB 1.5 0.5 0.5 0.5 The company has 20 machines that can carry out process 1, 5 process 2, 10 process 3, 5 process 4 and 5 process 5. Each machine works a maximum of five days each week at a rate of fifty weeks a year , in working days of 8 hours a day. Formulate and solve to determine the maximum number of assembled sets that you can produce.Determine whether the given simplex tableau is in final form. If so, find the solution to the associated regular linear programming problem. If not, find the pivot element to be used in the next iteration of the simplex method. Y 0 1 U V P Constant 1 1 3010 Z 5 3 26 2 18 8 0702 1 46 Yes, the simplex tableau is in final form. The system has a maximum value of 46 at (26, 18, 0). Yes, the simplex tableau is in final form. The system has a maximum value of 46 at (8, 0, 7). Yes, the simplex tableau is in final form. The system has a maximum value of 46 at (0, 18, 0). No, the simplex tableau is not in final form. The pivot element is 3 in the first row, first column. No, the simplex tableau is not in final form. The pivot element is 5 in the first row, third column. 0The Union Manufacturing Company is producing two types of products: A and B. The demand forecasts, batch size, and time standards follow: Demand forecast (units/yr) Product A Product B 1,000 4,000 Batch size (units/batch) Processing time (hr/unit) 20 10 3.2 4.5 Setup time (hr/batch) 10 20 Both products are produced on the same machine, called Mark I. 11) Using Table 4.1, what is the total number of hours required of Mark I equipment for the next year? A) fewer than 29,000 hours B) between 29,000 and 30,000 hours C) between 30,000 and 31,000 hours D) more than 31,000 hours