The ore of a gold mine in the province contains, on average, 0,5 ounce of gold per ton Method A of processing costs 150Photon and recovers 93% of the gold, while Method B costs only 120Php/ton and recovers 81% of the gold. If gold can be sold at 1,200/ounce, which method is better and by how much
Q: A convenience store recently started to carry a new brand of soft drink. Management is interested in...
A: Given data is
Q: 2 For Maximization Problem: Section Sales D Employees A В C E 1 12 20 10 8 7 10 13 11 9 14 10 7 7 10...
A:
Q: What is Facility Planning Location Strategy?.
A: Facility planning location strategy refers to a structured planning process that involves the organi...
Q: Business plan users measures a business and its growth by means of sales. thus statement of sales is...
A: Supply chain management is described as the process through which product creation and its manufactu...
Q: What is a work breakdown structure, and how does one create one? What are the tools and inputs neede...
A: In this question. Would define the WBS or Work breakdown structure, Next, I would write the steps to...
Q: Bag Company produces leather jackets and handbags. A jacket requires of leather and a handbag only ...
A: Let, J = Units of Jackets to be produced H = Units of handbags to be produced
Q: Being Flexible, Reliable, and Quick are some of the ways to achieve a competitive advantage in opera...
A: a. Response:- Competing on response only will not be an advantage in operations. As Responses can on...
Q: In project manangement what is a scope baseline?
A: Before defining the project scope baseline one needs to understand the project scope. Project scope ...
Q: CPU-on-Demand (CPUD) offers real-time high-performance computing services. CPUD owns 1 supercomputer...
A: Currently available super computers, m =1 Processing time, p=3 hours Interarrival time, a=7 hours St...
Q: A retail store records customer demand during each sales period. The data has been collected in the ...
A: 3 Period Moving Average Forecasting (Ft) = At-1 +At-2 +At-33 Error = Actual - Forecast Means Squared...
Q: The a description of an organization's values, definition of its responsibilities to stakeholders, a...
A: The a description of an organization's values, definition of its responsibilities to stakeholders, a...
Q: 4) If the range of profitable demand for a company producing digital pumps was D'1 = 8.5 units and D...
A:
Q: If human resources are a major source of competitive advantage and the key determinant of an organiz...
A: Human resource is a key contributor to the growth of any organization. It helps in determining the e...
Q: Applications are scanned in a process with two resources. The first resource has a capacity of 21 ap...
A: Given: Process Demand = 16 application/hourThe capacity of 1st resource = 21 Applications/hour The...
Q: What are the different types of costs which you may have to bear on operating a warehouse?
A: Warehouse management is described as the processes that include the operations carried out in a ware...
Q: Using a Trend Line The demand for Year Demand electrical power 1997 60 at N.Y.Edison over the years ...
A: Given-
Q: CASE NO.4 4. The National Dog Food Corp. wants to mix 5000lb of special dog food. There are two prin...
A: Given data is Cost of x1 = Php 30 Cost of x2 = Php 60 Limitation of x1 = less than or equal to 4000 ...
Q: Determine the type of business analytics for the following scenarios. A. Imagine you are a meteorolo...
A: Here, being a meteorologist, I would analyze the data from the satellites, I could forecast the weat...
Q: a) Based on the given information, the best location for Marilyn Helm Retailers is to open the new r...
A: For deciding the best location for opening a retail outlet, the weighted score of each location has ...
Q: Strategic Planning process, CEO wants to assign the budget to each business function for functional ...
A: A Small Introduction about Planning Process Arranging includes choosing missions and targets and ...
Q: A system operates for 11 consecutive hours. During this period, four failures occurred that, in tota...
A: The mean Time between Failures is the average time in which the system fails or breakdown.
Q: What impact will emerging economies and the Trans-Pacific Partnership have on New Balance?
A: Emerging economies account for around 45 percent of global GDP. Emerging BRIC economies account for ...
Q: Solve the question by Vogels method then develop the Solution using the winding Path D. Dz D2 26 88 ...
A:
Q: How would you classify the following job elements? Are they personal, fatigue, or delay?a) The opera...
A: A Small Introduction about Operation Management Activities the board is the organization of strat...
Q: David Aquino, engineering director, started out the day uptight. His young child had the flu the ni...
A: Engineering management is described as the implementation of various types of managerial practices i...
Q: briefly explain the difference between planning and scheduling
A: Thorough production planning and optimum utilization of the resources are the primary goals of plann...
Q: The ISO 14000 series is primarily concerned with: Establishing guidelines to achieve 6-Sigma certifi...
A: Production is the process of manufacturing the finished products using raw materials and resources. ...
Q: Which virtual problems are the most serious for virtual projects? Why? Which virtual problems might ...
A: A Virtual project under which group or team members are distributed geographically & potentially...
Q: A company sells its products to wholesalers in batches of 1,000 units only. The daily demand for its...
A: Given data is
Q: A process that is within specifications 99.9997% of the time is called: A 2-Sigma process A 4-Sigma ...
A: Quality is the ability to manufacture the products and services as set standards and increase custom...
Q: Instruction: Round to the nearest integer percentage. What is the implied utilization of the bottlen...
A: Implied Utilization = Demand or Workload/Capacity
Q: Why is the Work breakdown Structure not practical for small organizations?
A: A work breakdown structure is an essential project management tool which is used in the following - ...
Q: What precise information are you looking for in order to construct a job breakdown structure?
A: The work breakdown structure is the project management concept in which the project is divided into ...
Q: Week Demand of beef 1 500 2 550 3 600 4 720 5 780 6 800 Corresponding weights are W1...
A: An accuracy of the forecasting method can decide by identifying the MAD value of the each method. Hi...
Q: Distinguish between the locational determinants of labor climate and quality of life.
A: The locational determinants of labour climate are linked to the labour on the other hand locational ...
Q: a. Use the sales forecaster's prediction to describe a normal probability distribution that can be u...
A: Note: As per the Bartleby guidelines, only the first three parts have been answered.
Q: 1. The manager of a crew that installs carpeting has tracked the crew's output over the past several...
A: Productivity is the comparison between the output and input of the production factors used in the bu...
Q: If the manufacturing cycle efficiency is 65% and the total manufacturing time is 45 minutes then by ...
A: Given data is Manufacturing cycle efficiency(MCE) = 65% Total manufacturing time = 45 minutes
Q: Question 3 Which of the following are parts of the PCDA cycle? (select all that apply) Diagnose O As...
A: PDCA cycle also known as Plan, Do, Check, Act cycle is considered a project planning tool is used w...
Q: QUESTION7 You're trying lo lay out your t-shirt business office. There are 3 rooms in a row (room 1|...
A: From the given data, the following table can be formulated. Administration Bleaching Coloring ...
Q: You've just been appointed as the new regional manager at a supermarket, and your first task is to d...
A: Inventory cost comprises the amount to order and holds stock or inventory, along with governing of t...
Q: Styles Paragraph The following table shows data on the average number of customers processed by seve...
A: Productivity is the measurement of output production as compared to the input used effectively and e...
Q: Problem #1: Extension of the solved problem in the class The washing machine plant is interested in ...
A: Given data is Starting inventory = 200 units Production in 40 days = 520 units Workers in 40 days =...
Q: Don’t Drink And Drive Brewery (DDAD) produces beer and ale. Beer sells for $5.70 per barrel, and ale...
A: Production planning is the demonstration of fostering an aide for the design and production of a giv...
Q: Case Study Questions: 1. Are the problems of moving people significantly different from the problems...
A: 1. Certainly the problems of moving people has a significant difference from problems of moving good...
Q: You should benchmark a company that: O Is in a different business O Makes benches O Follows a differ...
A: Benchmarking refers to process of setting a standard by which one can compare the quality/efficiency...
Q: A retailer wants to understand the relationship between the sales units (in number of units) of a ne...
A: Here, the retailer wants to understand the relationship between the sales units of a new product and...
Q: Most universities have a mission statement. Write a mission statement for your university. Does havi...
A: A mission statement is generally utilized by the organizations to evaluate or explain their motive o...
Q: For the past 10 quarters, House Depot, Inc. has generated sales data for 2x2 (in board feet) and the...
A: Linear regression is a forecasting model which identify the forecasting value based on the considera...
Q: Chain (GVC) governance. Identify which is the best and the worst form of GVC governance for the abso...
A: International production, commerce, and investment are increasingly organised into so-called global ...
Step by step
Solved in 2 steps
- At the beginning of each week, a machine is in one of four conditions: 1 = excellent; 2 = good; 3 = average; 4 = bad. The weekly revenue earned by a machine in state 1, 2, 3, or 4 is 100, 90, 50, or 10, respectively. After observing the condition of the machine at the beginning of the week, the company has the option, for a cost of 200, of instantaneously replacing the machine with an excellent machine. The quality of the machine deteriorates over time, as shown in the file P10 41.xlsx. Four maintenance policies are under consideration: Policy 1: Never replace a machine. Policy 2: Immediately replace a bad machine. Policy 3: Immediately replace a bad or average machine. Policy 4: Immediately replace a bad, average, or good machine. Simulate each of these policies for 50 weeks (using at least 250 iterations each) to determine the policy that maximizes expected weekly profit. Assume that the machine at the beginning of week 1 is excellent.Assume the demand for a companys drug Wozac during the current year is 50,000, and assume demand will grow at 5% a year. If the company builds a plant that can produce x units of Wozac per year, it will cost 16x. Each unit of Wozac is sold for 3. Each unit of Wozac produced incurs a variable production cost of 0.20. It costs 0.40 per year to operate a unit of capacity. Determine how large a Wozac plant the company should build to maximize its expected profit over the next 10 years.The average basket size per purchase per agent in the fashion category in April is Rp.180.000,-. A third of agents made only 1 purchase that month. A third made 2 purchases that month. The rest made an average of 3.5 purchases that month. What % of agents in April bought fashion? Sales of ABC Fashion category comes from two merchants: Verry Venka (VV) and Vuka Lavak (VL). VV typically constitutes 40% of the fashion sales in ABC. VV's COO came to us and said, "Let's make our relationship stronger. We would like to be the merchant of your agents." VV decided to launch a free shipping promotion for ABC agents during the 2ndhalf of May. The promotion is expected to grow VV's sales at ABC by 45% for the remainder of the month, over current forecasted figures for the rest of May. In addition to that, a third of VL's sales are expected to be shifted to VV. If this happens, by what % will ABC's overall fashion sales exceed target in May? If this happens, what % of fashion sales will come from…
- A manufacturer has been shipping his product (moderately heavy machines), mounted only on skids withoutcomplete crating. To avoid crating he must ship in freight cars which contain only his machines. To do thishe must pay freight on a car capacity load of 42 tons regardless of whether or not the car is completely full.In the past he actually has shipped only 30 tons in each car. The carload freight rate is P4.10 per hundredpounds. If the machine is crated so that they can be shipped in mixed car lots, along with other merchandise,they can be shipped at a rate of P4.20 per hundred pounds with the freight bill computed only on the actualweight shipped. The cost of crating would be P25 per machine and would increase the shipping weight from1,200 to 1,220 pounds per machine. Which procedure should be followed? (1 ton = 2,200 lbs)Casting molds are produced by MYMOLD company. Each order has unique specifications, depending on customer needs. MYMOLD has received an order of two molds from a customer. The agreed selling price of the molds is 5000TL per mold. According to the agreement, for a defective mold the customer will pay 1000TL instead of the standard price. The customer will not buy any more than two molds and there is a 2000 TL fine for not meeting the demand with two non-defective molds. The excess molds can be salvaged for 500 TL per piece. The cost of production per mold is 2000TL and the probability of producing a non-defective mold is 0.8. Assume that MYMOLD decided to produce two molds, and the first production has been succesfull (a non-defective mold is produced). What is the expected profit given the result of the first production?A company had an average inventory last year of $203,000 and its inventory turnover was 6. If sales volume and unit cost remain the same this year as last and inventory turnover is 8 this year, what will average inventory have to be during the current year?
- Consider the requirement that shopping malls need a license to remain open 24 hours, where these licenses are in fixed supply. These licenses are however freely tradable among actual and potential owners, and the industry is perfectly competitive. If the average 24-hour shopping mall’s annual revenue is $250,000, while the licenses may be leased at an annual fee of $100,000. Given this information, average variable cost for the industry would be $100,000. Is the preceding statement true or false?The annual maintenance costs of a machine that has been in use for 3 years are 300 TL, 350 TL and 375 TL, respectively. The machine is expected to be available for 8 years after purchase. The maintenance costs foreseen for the coming years are 400 TL in the first year and 150 TL in the following years. If the machine is sold today, it can be sold for 1500 TL, and in the following years for 1000 TL. What is the optimum regeneration time of the machine if the MCVO is 10%?You are in the competitive field of selling high-capacity photocopiers. One of your prospects is looking for copiers that will reliably run up to 5000 copies per day without being overloaded. After doing an analysis of the prospect's paper purchases over the last year, you extrapolate that 90 percent of her copiers ran at only 60 percent (3000 copies per day) capacity over the last year. Your dilemma is this: Should you propose your medium-duty copier, which was designed for 3500 copies per day, knowing that this will handle her needs most of the time based on the usage history? This will allow you-to come in with a price about 15 percent below your competitors and will allow you to get this lucrative deal. After all, it is highly unlikely that a problem will ever arise. Explain what do you do?
- Given this frequency distribution, what demand values would be associated with the following random numbers? (Do not round intermediate calculations.) Demand Frequency 13 12 2 20 55 Random Number Simulated Demand 0.0 0.5 0.4d) A company can produce three products A, B and C. the products yield a contribution of Kshs.8, 5 and 10 respectively. The products use a machine which has 400 hours capacity. Each unit of the product uses 2, 3 and 1 hour respectively of the machines capacity. There are only 150 units available in the period of a special component which is used singly in product A and C. Only 200kgs of a special alloy is available in the period. The usage of special alloy is 2kgs per unit and 4kgs per unit respectively. There is an agreement with a trade association to produce no more than 50 units of product B in the period. Advise the company on the production plan that will maximize contribution.. Sarah’s Organic Soap Company makes four kinds of organic liquid soap: “regular,”“lavender,” “citrus,” and “tea tree.” Demands for the four scents are 150, 120, 75, and50 kgs per hour, respectively. Sarah’s production process can produce any soap at therate of 450 kgs per hour, but 1.5 hours are needed to switch between scents. Duringthose switchover times, the process doesn’t produce any soap. Sarah wants to choosea production schedule that (i) cycles repeatedly through the four scents, (ii) meets therequired demand, and (iii) minimizes the amount of inventory held.How many kgs of “regular” should Sarah produce before switching over to another scent?