The Medequip Company produces precision medical diagnostic equipment at two factories. Three medical centers have placed orders for this month's production output. The following table shows what the cost would be for shipping each unit from each factory to each of these customers. Also shown are the number of units that will be produced at each factory and the number of units ordered by each customer. A decision now needs to be made about the shipping plan for how many units to ship from each factory to each customer. a. Which category of linear programming problem does this problem fit? Why?
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- Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. As the Marketing Manager for Southeastern Corrugated, what would you do upon receiving the request for quotation from Coastal Products?Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. Is Ben Gibson acting legally? Is he acting ethically? Why or why not?4. In the past, Peter Kelle's tire dealership in Baton Rouge sold an average of 1,100 radials each year. In the past 2 years, 220 and 250, respectively were sold in fall, 360 and 300 in winter, 150 and 160 in spring, and 320 and 440 in summer. With a major expansion planned, Kelle projects sales next year to increase to 1,300 radials. Part 2 Based on next year's projected sales, the demand for each season is going to be (enter your responses as whole numbers): Season Demand Fall __________
- Boston Electric Generators has been getting many complaints from its major customer, Home Station, about the quality of its shipments of home generators. Daniel Shimshak, the plant manager, is alarmed that a customer is providing him with the only information the company has on shipment quality. He decides to collect information on defective shipments through a form he has asked his drivers to complete on arrival at customers' stores. The forms for the first 279 shipments have been turned in. They show the following over the past 8 weeks: Reason for Defective Shipment This exercise contains only part a. Week 1234567 2 6 7 8 No. of Shipments 21 31 30 37 35 40 41 44 No. of Shipments Incorrect with Bill of Defects Lading 8 0 11 4 11 1 12 3 12 1 14 0 14 0 16 2 Incorrect Damaged Trucks Truckload Product Late 3 3 1 3 4 4 5 4 4 554 4 5 6 6 8 2 1 21234216. Complete the following schedule and then answer Problems 16 and 17. Forecast requirements In transit On Hand 1 35 50 Projected available balance 30 Planned Shipments Shipping quantity = 50, Lead time = 1, Safety stock = 25 2 30 Period 3 45 What will the planned shipments be for periods 2, 3, and 4? a) 25 units for each period b) 50 units for periods 2 and 4; zero units for period 3 4 65 c) 50 units for each period d) 100 units in period 2, zero units in period 3, and 50 units in period 4 e) 75 units in period 2, 35 units in period 3, 20 units in period 4 17. What is the projected available balance for period 4? a) 50 units b) 55 units c) 60 units d) 65 units e) 75 units 5 30Mr. Brown owns a fashion boutique in Ipoh. He has to install a security system and also wind-resistant windows. He also has to prepare ahead of the market for the expected trends. Mr. Brown prepares for future events. After Mr. Brown has plan to meets goals of his establishment. He decides to put together all the records of purchase and sales in a special folder. Mr. Brown decides on the items on 20% sales in the boutique for 3 weeks. Mr. Brown assigns the tasks to the customer service personnel to ensure all goals are met and consumers are being satisfied. QuestionExplain FOUR (4) basic management functions performed by Mr. Brown, supporting your answer with appropriate examples from the scenario.
- 4. What is FIFO method? 5. what is Average cost method?The following table lists the components needed to assemble an end item, the manufacturing or purchase lead times (in weeks) for typical lot sizes, amount on hand, and the direct components of each item and, in brackets, the number of each component for each parent. Item End item L C K B J G H Lead Time 1 2 3 1 4 2 4 2 Amount on Hand - 12 22 26 28 14 8 Direct Components L(2), C(1), K(3) (3) B(2), G(2), B(2) H(4), B(2) a. This part of the question is not part of your Connect assignment. b. If 46 units of the end item are to be assembled, how many additional units of B are needed? (You don't need to develop the MRP tables.) Additional units c. An order for 46 units of the end item is scheduled to be shipped at the start of week 10. What is the latest week that the components of the order can be started and the order still be ready to ship on time? (You don't need to develop the MRP tables.) The latest weekSuggest how we could set the time between deliveries in a fixed period system.
- Wal Mart, although they are not a manufacturing company, uses sophisticated computer software to forecast sales and order products to be stocked in their stores so that they do not run out of the things shoppers are looking for. What kind of software system does Wal Mart likely use? Group of answer choices a) Inventory control b) Just-in-time ordering c) E-procurement d) Materials Requirement Planning (MRP)7. Mrs Bayson completed Fashion Design Programme at a Technical University in Ghana . Mrs Bayson decided to join a dress-making group to gain experience for her career. In the course of her internship Mrs Bayson has observed that there are always a lot of beautiful pieces of leftover clothes that go waste thereby requiring the shop to spend money to dispose them. She is then thinking of designing fashioned carrier bags with the leftover clothes. Efua needs ideas on what factors to consider in decide to go or not go for the development of the conceived business idea. (a) Discuss four key things to consider in deciding to pursue or not to pursue the conceived business idea (b) Discuss one social or environmental problem that would be solved by Efua’s business idea should it become a reality• VOOM has four warehouses 1, 2,3, and 4. VOOM needs to supply 200 Tons to Retailer P, 200 Tons to Retailer Q, and 200 tons to Retailer R. The cost of delivery from each warehouse to retailers is provided in the following table. While each warehouse has an inventory of 500 tons they can supply, R requires that every warehouse supplies at least 25 tons to R. There is a special arrangement between Warehouse 4 and R which requires that Warehouse 4 has to supply exactly 55 tons to R. On the other hand, P can take up to 150 tons each from warehouses 1 and 2. • •Use linear programming to provide VOOM with a plan to keep their transportation cost minimal.