Part B:Please solve the problem using the graphical method
Q: Why does the site selection process for an overseas meeting generally require more time than that fo...
A: Site selection is described as selecting sites for developing government and business facilities. Th...
Q: How do you know where Zone A, Zone B, and Zone C start after completing your ABC purchasing curve?
A: Inventory management is the management in which raw materials, as well as finished products, are sto...
Q: 2. As a manager, how would you deal with the possibility that customer satisfaction does not always ...
A: Ans 2: Customer retention can be stated as the capability of the company to turn clients into repeat...
Q: Remote work development in the past, current and future
A: In the past, remote employees had a bad reputation. Many companies believed that their employees wou...
Q: please develop a space matrix for Macdonalds in space matrix format.
A: INTRODUCTION- McDonald's is perhaps the biggest organization that has some expertise in inexpensive ...
Q: evelop a swot matrix for MacDonalds
A: SWOT is basically- S-strengths W-weaknesses O-opportunities T-threats
Q: 3- A production process at Kenneth Day Manufacturing is shown in the following Figure The drilling o...
A: Given- Sawing operation = 6 units/hrSanding operation = 6 units/hrDrilling operation = 2.4 units/hrW...
Q: Discuss how you would manage a poor forecast.
A: A poor forecast means that, as a result of this forecast, there has been an imbalance between demand...
Q: Identify and explain ONE key factor prompted Sushiro to operate outside Japan.
A: Japan is an island country situated at the east coast of Asia. It consists of a line of islands in a...
Q: Describe ERP, the services it provides, and the hidden costs that come with it.
A: Enterprise resource planning (ERP) refers to a type of software that associations use to manage day-...
Q: A company is manufacturing two products, A and B, at the production facilities in town X and Y. Four...
A: note: there are intermediate constraint also i.e. supply to stocks = supply from stocks
Q: The proposed Ghana Airways Airline project is being procured through a Public-Private Partnership (P...
A: Decision tree analysis can be stated as the approach of sketching or drawing a decision tree, which ...
Q: The article above states: “Therefore companies should determine their pricing with the quality of th...
A: CUSTOMER SATISFACTION AND CUSTOMER LOYALTY - Despite the fact that they are personally connected, th...
Q: After completing the readings for this week and discussing place marketing, the inbound method, and ...
A: Marketing and selling a product/service revolve around a simple concept, and that is marketing mix. ...
Q: When should a “request for credit” memo be used?
A: Credit memo request refers to sales document that is used in complaint processing for requesting a c...
Q: Edwarldo’s Manufacturing uses 2,400 units of a product per year on a continuous basis. The product C...
A: given, manufacturing = 2400 units carrying cost = $60 per year ordering cost = $250 safety stock = 8...
Q: Compute for Michaela Bag economic order quantity.
A: Economic order quantity (EOQ) is a inventory management technique for ordering products based on the...
Q: What are the key factors that hotel may consider in choosing a method that they can apply regarding ...
A: Before purchasing or using a product or service, clients always have their personal expectations abo...
Q: perfect information on all cars
A: EVPI (expected value of perfect information) indicating the loss of unknow market state probabilitie...
Q: Managing quality is an important integral in operations management. In addition to being a critical ...
A: Quality is defined as an outcome, a feature of a product or service supplied to a client and the hal...
Q: Risk management types
A: Risk management deals with all the errors, mistakes, losses, etc. that can bring a negative result o...
Q: Create a work breakdown structure in project management
A: Work Breakdown Structure A work breakdown structure is a project management method for finishing a v...
Q: employees are paid based on the number of items that are produced
A: work measurement and payment selection model helps to identify the employee payment method based on ...
Q: Management should think about the trade-offs between storing products in more places in different te...
A: A Small Introduction about Shipping Management Transport management is a significant piece of sea...
Q: forecast for weeks 7-24 using 6 week weighted moving average
A: Weighted moving average is a forecasting model which helps to identify the forecasting using the wei...
Q: e expected value of the decision "Buy Machine A" in d
A: EMV (Expected monitory value) indicating the payoff based on the probability of occurring each state...
Q: 16. To complete the wing assembly for an experimental aircraft, Rhea V. has laid out the major steps...
A: Activity Optimistic time Most Likely time Pessimistic time Predecessor A 1 2 3 B 2 3 4 C ...
Q: What are the best practices in project HR management
A: Project management is the different kinds of management in which different skills and knowledge are ...
Q: at way might a PERT chart be a better option than a Gantt chart?
A: Both Gantt charts and PERT diagrams are popular project management visualisation tools. If both of t...
Q: operational decisions related to capacity and process technology
A: flexibility as key performance objective indicating the requirement of processing multiple products ...
Q: What central line and control limits should be established
A: A control chart is a statistical toole which identifying the variability or trustworthiness of a pro...
Q: You are a member of the IS support group for your organization. The manager of sales is very tech sa...
A: The 5G enables the development of a new network capable of connecting almost everyone and everything...
Q: Peach Company uses 800 units of a product per year on a continuous basis. The product has a Fixed Co...
A: Given data Annual demand = 800 units Fixed cost (S) = $50 Carrying or holding cost (H) = $2 Lead ...
Q: A telephone company have a production capacity of 500,000 units per month. At its present capacity o...
A: Given- Production capacity = 500,000 units per monthMonthly income = ₱350,000,000Monthly producti...
Q: Problem #3 – At Freeze Inc. the manufacturing of each air conditioning has a variable cost of $400 p...
A: Break-even point is the point where the cost of production and revenue of production are equal in an...
Q: Prepare a purchases budget expressed in quantities to be purchased.
A: The production budget refers to a statement showing the units that must be manufactured in order to ...
Q: Would you say that system with higher efficiency ratios rather than other systems will have higher u...
A: There is often confusion between efficiency and utilization and sometimes both these terms are consi...
Q: re managers interested in forecasting sales figures for the next quarter. What different types of us...
A: Technology-enabled data analysis, known as business intelligence (BI), helps executives, managers, a...
Q: Describe characteristics, strengths, weaknesses and kinds of qualitative research
A: Introduction- Qualitative research will be research utilizing strategies, for example, member percep...
Q: Famous Money Designs (FMD) manufactures a standard size tennis racket and an oversize tennis racket....
A:
Q: pros and cons of doing that? Give three examples of unethical conduct involving forecasting and the ...
A: Unethical behavior takes place in forecasting when an analyst specifies a particular data to create ...
Q: What is alternative optima in linear programming is about?
A: Linear method is described as the mathematical approach of determining the best possible solutions o...
Q: Explain why a critical feature of effective risk management lies in the attitude adopted towards ris...
A: Risk management is the approach to manage the potential risks through identification, analysis and a...
Q: An update log file contains the following information: LogID Old.Name Old.Phone Old.City New.Name N...
A: In the above-given information, the data is feasible to parse data from one section into at least tw...
Q: The average lead time is 10 days and the average daily usage of widgets is 20. The company has deter...
A: A reorder point (ROP) is a detailed level at which your stock needs to be reloaded. In simple words,...
Q: What is laddering and what advantages can be gained from its use in project management?
A: Laddering: In the Project management, Laddering is a one of the technique which is u...
Q: It has been said that forecasting using exponential smoothing is like driving a car by looking in th...
A: Exponential smoothing is a time series forecasting technique for univariate data that can be develop...
Q: What is Product Positioning, also explain how we can identify the possible competitive advantage in ...
A: Competitive advantage can be stated as the factors that permit an organization to generate or produc...
Q: topic: research titles 1. Think of atleast three (3) qualitative research title. 2. Include the gap/...
A: Note: “Since you have posted a question with multiple sub-parts, we will solve the first three sub-p...
Q: How can robotics and automation improve the supply chain efficency in warehousing, distribution and ...
A: During the COVID-19 epidemic, enterprise warehouses struggled to keep up with the tremendous growth ...
Famous Money Designs (FMD) manufactures a standard size tennis racket and an oversize
tennis racket. The company's tennis rackets are extremely light due to the use of a magnesium graphite
alloy. Each standard size racket uses 0.125 kilograms of the alloy and each oversize
racket uses 0.4 kilograms; over the next two week production period only 80 kilograms
of the alloy are available. Each standard-size racket uses 10 minutes of manufacturing time and each oversize racket uses 12 minutes. Also, 40 hours of manufacturing time are available each week. The profit contributions are $10 for each standard-size tennis racket and $15 for each oversize tennis racket. How many rackets of each type should (FMD) manufacture over the next two weeks to maximize the total profit contribution?
Part A: Define decision variables and formulate the problem
Part B:Please solve the problem using the graphical method
ONLY SOLVE B, thank you
![](/static/compass_v2/shared-icons/check-mark.png)
Step by step
Solved in 4 steps with 3 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
- Digital Controls, Inc. (DCI), manufactures two models of a radar gun used by police to monitor the speed of automobiles. Model A has an accuracy of plus or minus 1 mile per hour, whereas the smaller model B has an accuracy of plus or minus miles per hour. For the next week, the company has orders for 100 units of model A and 150 units of model B. Although DCI purchases all the electronic components used in both models, the plastic cases for both models are manufactured at a DCI plant in Newark, New Jersey. Each model A case requires 4 minutes of injection-molding time and 6 minutes of assembly time. Each model B case requires 3 minutes of injection-molding time and 8 minutes of assembly time. For next week, the Newark plant has 600 minutes of injection-molding time available and 1,080 minutes of assembly time available. The manufacturing cost is $10 per case for model A and $6 per case for model B. Depending upon demand and the time available at the Newark plant, DCI occasionally…Atlanta Manufacturing Company produces products W, X, Y, and Z through a joint process. The joint costs amount to $250,000. Product Units Produced Sales Value at Split-Off Additional Costs of Processing Sales Value After Processing W 750 $10,000 $2,500 $15,000 X 1,500 $30,000 $3,000 $35,000 Y 1,000 $20,000 $4,000 $25,000 Z 1,500 $40,000 $6,000 $45,000 If W is processed further, profits of W will: 1) Increase by $2,500 2) Increase by $12,500 3) Decrease by $23,000 4) Increase by $5,000Quasi-Tech Corporation produces specially machined parts. The parts are produced in batches in one continuous manufacturing process. Each part is custom produced and requires special engineering design activity (based on customer specifications). Once the design is completed, the equipment can be set up for batch production. Once the batch is completed, a sample is taken and inspected to see if the parts are within the tolerances allowed. Thus, the manufacturing process has four activities: engineering, setups, machining, and inspecting. Costs have been assigned to each activity using direct tracing and resource drivers as follows: Activity Expected Cost Activity Driver Activity Capacity Engineering $1,000,000 Engineering hours 5,000 hours Setups 900,000 Setups 200 setups Machining 2,000,000 Machine hours 25,000 machine hours Inspection 800,000 Inspection hours 2,500 inspection hours Quasi-Tech produces two models: Model C and Model D. The following table…
- 15-15 Kitty Products caters to the growing market for cat supplies, with a full line of products, ranging from litter to toys to flea powder. One of its newer products, a tube of fluid that prevents hair balls in long-haired cats, is produced by an automated machine that is set to fill each tube with 63.5 grams of paste. To keep this filling process under control, four tubes are pulled randomly from the assembly line every 4 hours. After several days, the data shown in the following table resulted. SN = Sample number SN x¯ R1 63.5 2.02 63.6 1.03 63.7 1.74 63.9 0.95 63.4 1.26 63.0 1.67 63.2 1.88 63.3 1.39 63.7 1.610 63.5 1.311 63.3 1.812 63.2 1.013 63.6 1.814 63.3 1.515 63.4 1.716 63.4 1.417 63.5 1.118 63.6 1.819 63.8 1.320 63.5 1.621 63.9 1.022 63.2 1.823 63.3 1.724 64.0 2.025 63.4 1.5 Set control limits for this process and graph…Tica (Pty) Limited manufactures and sells combined fax and telephone answering machines. In order to tender for a specific contract, the technical team of the company has developed a new model called FINO. To date, two units of FINO have been manufactured and are being used as demonstration models. The following information is available: Direct labour hours taken to manufacture the first two units: Hours First unit 60 Second unit 48 The following average direct variable costs relate to the manufacture of the first two units of FINO: R/unit Material 620 Labour 440Variable overheads 324 1384 · Since the first two units were manufactured, material costs have increased by 10% and labour costs by 5%. · Variable overheads – variable per…A recurring maintenance job in a factory is being done by a three-man crew. Due to the nature of the job and space limitations, it was observed that two of the men were idle 37% of the time; one of the men was also idle an additional of the time, and at any given time only one man was required. The men were each paid P24.00 per hour. Each time the job was performed a set of tools and equipment with a value equivalent to P36.00 per hour was used. If the three-men crew could complete the work in 5 hours, which crew size would be the most economical
- Justin is a carpenter and makes furniture which he sells via the internet. He needs a new machine with steel attachments to speed up the drilling process for his work. He contacts Fixing and Building Machines Ltd who recommends a machine which they claim is more than 10 times quicker and stronger than his old machine. Justin goes into Fixing and Building Machines Ltd. Before paying for the machine, he sees a sign on the wall behind the counter that has the words “Important Information: READ BEFORE PURCHASE! Fixing and Building Machines Ltd accepts no liability.....” in bold, red print at the top. However, the sign is falling down from the wall and the rest of the words are obscured by a large plant. Had Justin been able to read the rest of the sign, he would have read “....for loss howsoever caused.” Justin signs a document, buys this machine and takes it with him. When he tried it he found it to be no quicker than his old one and the attachments broke. He also found that it started…A startup company is considering making a part by injection molding. The part is moderately complex and the volume of the part is about 10 cubic centimeters. Assume that the part is designed for injection molding and can be made with a two part mold. The company needs to make 250,000 parts made from ABS plastic. Once the mold is made it will take a worker 1 minute to make one part using the injection molding machine. The company will use contract manufacturing to produce the parts. Estimate the cost per part and explain how you came up with the number. (If you are stuck look at the Contract Manufacturing Cost per Unit section. Also keep in mind that there is no exact right answer, the goal is to come up with a reasonable estimate.) Contract Manufacturing Cost per Unit: It’s not uncommon to hire another company to perform some or all the manufacturing for a product. To estimate the cost use ((Cost of Parts and Materials) + (man hours) × $40)/.75. Aquatica makes underwater camera housings for divers. The process begins with a solid rectangular block of aluminum that is used to make a single housing. A computer numerically controlled (CNC) machine drills into the block to make the metal “frame” of the housing. Each block requires 15 minutes of drilling. The frame is then chemically treated in a series of baths. There is ample capacity in the treating stage. Finally, a worker must manually attach the various buttons and components to the metal housing. This assembly takes 120 minutes per housing per worker and Aquatica has 6 workers trained to do this task. The CNC machine requires a 30-minute setup time before the production of a batch can begin. a. If the CNC machine produces 14 housings between setups, what would be its capacity (in housings per hour)? b. Assuming the process is supply-constrained, what is the utilization (as a number between 0 and 1) of the CNC machine if it operates in batches of 14 housings? c. Assuming…
- ABC Manufacturing is evaluating the desirability of implementing process improvements and is seeking your help in determining whether it should proceed with the proposed improvements. One area of focus is how the improvements will affect processing time (manufacturing cycle time efficiency). Estimated activities and associated times for these activities under both the current process and after process improvements are as follows: Process Activity Current Process After Process Improvements Wait time 4 hours 1 hour Inspection 40 minutes 5 minutes Moving 80 minutes 20 minutes Processing (manufacturing) 2 hours 75 minutes Required: 1. Determine the manufacturing (production) lead time (in minutes) for each of the two decision alternatives. 2. Determine the manufacturing cycle efficiency (MCE) for each decision alternative.XYZ Leather Company manufactures and sells two products, wallets and belts, in its two-department plant. Operating data pertaining to the two products are as follows: Wallets Belts Selling price per unit P30 P50 Cost per unit: Variable manufacturing costs P8 P15 Variable marketing costs P2 P3 Fixed manufacturing costs P5 P5 Fixed marketing costs P6 P1 Cutting Finishing…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?
![Practical Management Science](https://www.bartleby.com/isbn_cover_images/9781337406659/9781337406659_smallCoverImage.gif)
![Practical Management Science](https://www.bartleby.com/isbn_cover_images/9781337406659/9781337406659_smallCoverImage.gif)