1 10 3 10 (b) 2 4 1 10 67 2 12 5 11 10
Q: IMPORTANT NOTE: All Project Management Questions are from the same Project. You only need to solve…
A: Forward Pass:Early Start (ES) = Max EF value from immediate Predecessor(s)Early Finish (EF) = ES +…
Q: Vollmer Manufacturing makes three components for sale to refrigeration companies. The components are…
A: Also, the demand for 550 units of component 1 must be satisfied. Convert available hours in minutes…
Q: The resourced-based view of the firm identifies four criteria that managers can use to evaluate…
A: VRIO Framework:Many tools are used to analyze sources of the competitive advantage firms. One of…
Q: You are facing a labor strike. You need to redesign schedules accordingly given the fact some…
A: The shifts are of 6 hours and an employee will need to work for 9 hours. If we split the shifts into…
Q: For the data given below, what would the naive forecast (without a trend) be for period 5? Period…
A: Naive forecast: This is one of the forecasting techniques which simply takes the actual value of…
Q: (4) Reduce the schedule until you reach the crash point (not possible to crash further) of the…
A:
Q: Gollee those cats sure go through a lot of food," Geoff exclaimed as he saw the shopping list pad…
A:
Q: Which type of location analytics help Travelers expedite the claim process after a diaster?…
A: Analytic methods are used to find more information about any specific thing, factor, situation,…
Q: Explain why multiple replications are needed when performing simulation analysis (Lean…
A: In the manufacturing industry, simulation is a very useful and helpful work tool. It may be applied…
Q: Which of the following is another term for a supply chain? OA. process sequence OB. production group…
A: The supply chain is a method of moving goods and manufactured items from the supplier to the client…
Q: Each column must have at least one value in some row to enable Pivot Tables to work properly. O True…
A: A Pivot Table is a powerful tool that helps in summarizing, calculating and analysing the data in…
Q: Educate staff and management of V&A Waterfront on different dynamics in Operations Management, by…
A: Planning, organising, and regulating the resources required to generate a company's goods and…
Q: listing the pros and cons for each facility introduced True False rnative, blas can
A: Explanation: By listing the pros and cons of each facility alternative, we can come to know the…
Q: How do location analytics help in risk managment? (check all that apply) Provide real-time situation…
A: The economy as a whole has to reduce the negative effects of unanticipated occurrences, not just the…
Q: In Exercises 1-4, write the simplex tableau for the given linear pro- gramming problem. You do not…
A: (As mentioned in question only simplex tableau is provided in the solution.) Conceptual…
Q: ize engagement of employees. B
A: Every team member's behavior is affected by and guided by the values, norms, and actions that make…
Q: the product is $325 per unit in either case. Use the following information to determine which…
A: Production is the process in which inputs are combined to have the required output. It includes a…
Q: scan any IT industry magazines or websites to find an example of an IT project that had problems due…
A: ANSWER : There was an issue in Jan 2007 with Los Angeles Unified School District. They created a SAP…
Q: Kelly-Lambing, Inc., a builder of government contracted small ships, has a steady work force of 10…
A: Total time available = No. of workers×Labor hours for each worker every year = 10×2440 = 24400…
Q: A production process at Raider Red Manufacturing is shown below. There are five parallel Sawing…
A: Given- Sawing capacities in units/hr = 0.1Sanding capacities in units/hr = 2Welding capacities in…
Q: Subject: Procurement & sourcing Q): What is the procurement cycle, how its work in any organization…
A: Managers of procurement are accountable for enforcing the rules and regulations that guarantee the…
Q: a) The expected completion time for this project is ___ days (enter your response as a whole…
A: As per Bartleby guidelines, we can only solve the first three subparts of one question at a…
Q: analyze five ways in which you can diagnose change that requires management attention in an…
A: ANSWER : At the point when you are faced with a situation where change appears to required, one of…
Q: Supply chain management has enabled some companies to operate more efficiently and compete more…
A: ANSWER : Supply chain management is a general course of creating the products, and distributing the…
Q: 3) Consider the assignment problem having the following cost table. Assignee A B D a) Formulate the…
A: Part (A): Decision Variable: Suppose-Xij be the decision variable that assignee (1=1,2,3,4)…
Q: a. What is the linear programming model for this problem? b. Using Microsoft Excel's Solver, find…
A: As per Bartleby guidelines, we can only solve the first three subparts of one question at a…
Q: Discuss the benefits of value chain.
A: The value chain refers to all the actions a corporation carries, acquiring raw materials and placing…
Q: Demand for dishwasher water pumps is 20 per day. The standard deviation of demand is 3 per day, and…
A: Reorder point is the particular level where company stock needs replenished.
Q: what is the difference between a baseline Gantt chart and a tracking Gantt chart? 200 words, please
A: These are 3 separate questions, so only first one can be answered. Baseline Gantt chart: Gantt…
Q: The weighted factors for alternatives A, B, and C are as follows: Weighted factors for alternative A…
A: A manager engages in the selection of feasible projects, management of work of a team, aligning the…
Q: K Beth Zion Hospital has received initial certification from the state of California to become a…
A: Given- Learning curve = 75%Time for first transplant = 27 hoursCost per hour = $5000From…
Q: Being the department manager of the Supply chain of a courier company, how can the issues of supply…
A: While a supply chain consists of lots of processes and tasks, delivery is one of the straightforward…
Q: Boston Electric Generators has been getting many complaints from its major customer, Home Station,…
A: The scatter diagram graphs pairs of numerical data, with one variable on each axis, to look for a…
Q: There have been several accidents caused by driverless cars. Explore the ethical, legal and…
A: A product built by an organization may be successful but it is not necessary to always function as…
Q: Draw the figure No. using the time clamp method, then find the total tolerance for each activity,…
A: 1. During forward pass in case of more than two preceding activities the early start will be…
Q: You are required to implement the production level method for the following scenario. Four products,…
A: Level production strategy refers to the production strategy where the production quantity is fixed…
Q: To what extent do the most common error messages differ, and what do they typically indicate?
A: ANSWER : An error message is information displayed when an unforeseen issue occurs, typically on a…
Q: You are in charge of inventory control of a highly successful product retailed by your firm. Weekly…
A: Given data: Weekly demand =350 units Working days = 6 days per week, 50 weeks per year Then…
Q: Question content area Part 1 A contractor is preparing a bid to install swimming pools at a new…
A: Given data is Time to build first pool = 32 hours Learning curve = 80%
Q: N2 More specifically, what are the two main reasons why certain things should not be up for…
A: Products and services are the only two things that companies are ready to sell. But also for some…
Q: Green Vehicle Inc., manufactures electric cars and small delivery trucks. It has just opened a new…
A: Objective Function: Suppose-C1 be the no. of cars to be produced per dayT1 be the no. of trucks to…
Q: a) What is Baker's inventory turnover? _______ times per year (round your response to two…
A: Given, Inventory turns = 13 times per year Assets invested = 8% Baker Mfg. Inc. Net…
Q: 4. You have prepared the project information that is given below: Activity Predecessor Normal Time…
A: Find the given details below: Activity Predecessor Normal Time Normal Cost Crash Cost Crash time…
Q: Stanford Rosenberg Computing wants to establish an assembly line for producing a new product, the…
A: Given data is Production goal = 180 PDAs
Q: a) The 1st unit = 6.25 hours (round your response to two decimal places). b) The 8th unit = 3.20…
A: Given: Learning rate = 80% Time spent on second bike = 5 hrs
Q: a) Sequence the jobs according to LPT. According to the LPT rule, the sequence of jobs should be 10,…
A: Scheduling is the process of arranging production activities in order to complete the manufacturing…
Q: a) The total amount of hours to build the 13 units = hours (round your response to the nearest whole…
A: Given that: Learning rate = 85% Time taken by 1st unit = 760 hrs
Q: Problem 1: RRR Distributors Corporation has four sales territories, each of which must be assigned a…
A: Let xij represent each assignment and cij represent the coefficient Objective is to maximize the…
Q: different control
A: Different control structure Sequence control refers to user actions and computer logic that…
Q: Using the following information, forecast the rooms sales for the next three months for a 750-room…
A: Forecasting helps to minimize the business risk by predicting the aspects such as demand, weather…
Operation Research (Upvote will be given. Please write the complete solutions. No long explanation needed.)
Please answer letter (b) only
Step by step
Solved in 5 steps with 6 images
- Suppose that a regional express delivery service company wants to estimate the cost of shipping a package (Y) as a function of cargo type, where cargo type includes the following possibilities: fragile, semifragile, and durable. Costs for 15 randomly chosen packages of approximately the same weight and same distance shipped, but of different cargo types, are provided in the file P13_16.xlsx. a. Estimate a regression equation using the given sample data, and interpret the estimated regression coefficients. b. According to the estimated regression equation, which cargo type is the most costly to ship? Which cargo type is the least costly to ship? c. How well does the estimated equation fit the given sample data? How might the fit be improved? d. Given the estimated regression equation, predict the cost of shipping a package with semifragile cargo.The owner of a restaurant in Bloomington, Indiana, has recorded sales data for the past 19 years. He has also recorded data on potentially relevant variables. The data are listed in the file P13_17.xlsx. a. Estimate a simple regression equation involving annual sales (the dependent variable) and the size of the population residing within 10 miles of the restaurant (the explanatory variable). Interpret R-square for this regression. b. Add another explanatory variableannual advertising expendituresto the regression equation in part a. Estimate and interpret this expanded equation. How does the R-square value for this multiple regression equation compare to that of the simple regression equation estimated in part a? Explain any difference between the two R-square values. How can you use the adjusted R-squares for a comparison of the two equations? c. Add one more explanatory variable to the multiple regression equation estimated in part b. In particular, estimate and interpret the coefficients of a multiple regression equation that includes the previous years advertising expenditure. How does the inclusion of this third explanatory variable affect the R-square, compared to the corresponding values for the equation of part b? Explain any changes in this value. What does the adjusted R-square for the new equation tell you?The monthly demand for units manufactured by the Acme Rocket Company has been as follows:Month Units Month UnitsMay 100 September 105June 80 October 110July 110 November 125August 115 December 120a. Use the exponential smoothing method to forecast the number of units for June to January. The initial forecast for May was 105 units; α = 0.2.b. Calculate the absolute percentage error for each month from June through December and the MAD and MAPE of forecast error as of the end of December.c. Calculate the tracking signal as of the end of December. What can you say about the performance of your forecasting method?
- The table below shows the sales figures for a brand of shoe over the last 12 months.Months SalesJanuary 69February 75March 86April 92May 95June 100July 108August 115September 125October 131November 140December 150a. Using the following, forecast the sales for the months up January the following yeariii. Exponential Smoothing when α= .6 and the forecast for March is 350.The table below shows the sales figures for a brand of shoe over the last 12 months.Months SalesJanuary 69February 75March 86April 92May 95June 100July 108August 115September 125October 131November 140December 150 Using the following, forecast the sales for the months up to January the following year:- 1. Use exponential Smoothing when α= .6 and the forecast for March is 350.2. Determine which of the three forecasting technique is the most accurate using Mean Absolute Deviation MADThe monthly demand for units manufactured by the Acme Rocket Company has been as follows:Month Units Month UnitsMay 100 September 105June 80 October 110July 110 November 125August 115 December 120a. Use the exponential smoothing method to forecast the number of units for June to January. Theinitial forecast for May was 105 units; a = 0.2.b. Calculate the absolute percentage error for each month from June through December and theMAD and MAPE of forecast error as of the end of December.c. Calculate the tracking signal as of the end of December. What can you say about the performanceof your forecasting method?
- A manufacturing engineer is studying the dimensional variability of a particular component that is produced on three machines. Each machine has two spindles, and four components are randomly selected from each spindle. The results follow. Analyze the data, assuming that machines and spindles are fixed factors. Machine 1 Machine 2 Machine 3 Spindle 1 1 1 12 8 14 12 14 16 9 9 15 10 10 15 11 10 13 11 12 15 12 8 14 13 11 14 Calculate the Determination Coefficient (as percentage) for the Model obtained. Use 2 decimal Digits Respuesta: 2.Sales of Volkwagen’s popular Beetle have grown steadily at autodealership in Nevada during the past 5 years (see table below).The sales manager had predicted before the new model wasintroduced that first-year sales would be 410 VWs. Usingexponential smoothing with a weight of α= .30, develop forecastfor years 2 through 6.Year Sales Forecast1 450 4102 4953 5184 5635 5846 ? 2. The following data come from regression line projections:Period Forecast Values Actual values1 410 4062 419 4233 428 4234 435 440 Compute the MAD and MSE. For Disney World, there are six main parks. A forecast of daily attendance at each is the main number thatdetermines labour, maintenance, and scheduling. Disney develops daily, weekly, monthly, annual, and 5-year forecasts. At Disney, forecasts are reviewed daily at the highest levels to make sure that the model, assumptions, anddata are valid. Disney uses a variety of statistical models including moving averages, econometrics, and regression analysis.It also employs judgmental, or nonquantitative models. Disney uses park attendance forecasts to drive decisions about staffing, opening times, ride availability, andfood supplies. Disney’s forecasting team employs 35 analysts and 70 field personnel to survey 1 million people/businessevery year. Disney uses a firm called Global Insights for travel industry forecasts and gathers data on exchange rates,arrivals into the U.S., airline specials, Wall Street trends, and school vacation schedules. At Disney, Error measures are applied;…
- Lefola Limited is the only manufacturer of product G_Easy in the Popa Land. It has provided documented levels of demand at certain selling prices for product G_Easy which are as follows:Price per unit 7 0006 000Demand Units 01Total costs 3 0005 000875 000 2 4 000 3 3 000 4 2 000 5 1 000 68 000 12 000 17 000 23 000 30 000Required:MGA40AT/POF117V – 2020 Instructional Teaching manual packUsing a tabular approach, calculate the marginal revenues and marginal costs for product G_Easy at the different levels of demand, and so determine the selling price at which Lefola Limited’s profits are maximized.Demand for oil changes at Garcia’s Garage has been as follows:Month Number of Oil ChangesJanuary 41February 46March 57April 52May 59June 51July 60August 62a. Use simple linear regression analysis to develop a forecasting model for monthly demand. In this application, the dependent variable, Y, is monthly demand and the independent variable, X, is the month. For January, letX = 1; for February, let X = 2; and so on.b. Use the model to forecast demand for September, October,and November. Here, X = 9, 10, and 11,respectively.The manager of Carpet City outlet needs to make an accurate forecast of demand for Soft Shag Carpet (its biggest seller). If the manager does not order enough carpet from the carpet mill, customers will buy their carpet from one of Carpet City’s many competitors. The manager has collected the following demand data for the past 8 months: Month Demand for Soft Shag Carpet (1000 yd) 1 8 2 12 3 7 4 9 5 15 6 11 7 10 8 12 Required showing all workings: Compute a 3-month moving average forecast for months 4 through 9. Compute a weighted 3-month moving average forecast for months 4 through 9. Assign weights of 0.55, 0.33 and 0.12 to the months in sequence, starting with the most recent month.