Field, Bell and Weiss, a consulting firm, has been engaged by the Fizzle Beverage Company to determine possible methods for expanding their warehouse facilities. The current warehouse has 16' ceilings with a possible 10' clear stacking height. At the 10' level the obstructions are steam pipes, lighting fixtures and air ducts. Fizzle Beverage currently receives all pallets by truck. Each pallet load is 6' high (including the pallet). To take full advantage of all available height the second level pallet in each stack must be broken down. Question: How could Fizzle increase storage capacity?
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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. Is Ben Gibson acting legally? Is he acting ethically? Why or why not?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?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 __________
- Introduction On November 8, 2012 the Movado Company opened a store at the San Francisco Premium Outlets in Livermore, California to sell discontinued or overstocked models of its company-owned and licensed watch brands. During the first week of the grand opening, sales exceeded company expectations by 200 percent. Nonetheless, the store ran out of boxes for its flagship Movado watches, and many customers refused to accept Movado watches in boxes designed for other brands. Some customers agreed to stop by the store to pick up their box when a new shipment eventually arrived, while others downgraded to less expensive brands, for which boxes were available. However, many customers refused to buy watches without the correct box and left without purchasing anything. The box shortage was exacerbated by Hurricane Sandy, which hit the East Coast including Paramus, New Jersey where the Movado Company is headquartered. Since several power outages cut all means of communication in the area,…There is no alternative place inside plant premises to store the increased salt consumption. Also the existing storage area cannot be modified and expanded further. Moreover, with the due expansion coming up in next 1 year, the salt consumption will Increase by approx. 50%. 1) Suggest the solution & Innovative way to better utilize the existing space and alternatives for storage area of Salt avoiding any stock-out situation to arise. Nor the plant capacity to be curtailed due to low stock of Salt. Suggestion can be made in terms of new Technology to be adopted and any other Out of Box thinking!12.4 A company has a warehouse with the dimensions shown in the following diagram. How many pallets measuring 48"x40" can be stored three high if there is to be a 2" space between the pallets? 50' Aisle Aisle 4' 4' 4' R 4'
- Pranuec Company mai Tactures, assembles, and rebunds material handing equipment used Tn war ses and uistr iters. One product, called a Liftmaster, is assembled from four components: a frame, a motor, two supports, and a metal strap. Frandec's production schedule calls for 6000 Liftmasters to be made next month. Frandec purchases the motors from an outside supplier, but the frames, supports, and straps may be either manufactured by the company or purchased from an outside supplier. Manufacturing and purchase costs per unit are shown. Component Manufacturing Cost Purchase Cost Frame $39.00 $52.00 Support $12.50 $16.00 Strap $7.50 $8.50 Three departments are involved in the production of these components. The time (in minutes per unit) required to process each component in each department and the available capacity (in hours) for the three departments are as follows: Department Component Cutting Milling Shaping Frame 3.6 2.3 3.2 Support 1.4 1.8 2.7 Strap 0.9 1.8 Capacity (hours) 370 430…11. Unik hotel has the available capacity of 500 deluxe rooms, and the margin for each room is $100. The Christmas season is coming and the hotel opens booking from customers and must decide on how many orders to commit to at this time. If the hotel has orders that exceed capacity, it must arrange to upgrade the room for guests, which results in a loss of $50 per room. 2. What is the overbooking level should the hotel accept if cancellations are normally distributed, with a mean of 20 per cent of the orders accepted and a coefficient of variation of 0.5? OA) 142 B) 158 O C) 161 OD) 173The Best Wheels Bicycle Company produces bicycles indifferent styles for boys and girls, in heights of 26 inchesor 20 inches, and with 10 speeds, 3 speeds, or 1 speed.a. How many different kinds of bicycles does BestWheels make?b. Construct a modular bill of material for Best Wheels(one level). Assume that bike sales are equally splitbetween boys and girls, 26-inch bikes are preferredtwo-to-one to 20-inch bikes, and 3-speed bikes accountfor only 20% of sales. The remaining sales are dividedequally between 10-speed and 1-speed bikes.c. If bicycle sales are expected to reach 10,000 over theholiday shopping season, how many 26-inch bikesshould Best Wheels plan to produce? How many 10-speed bikes?
- 1. Inventory management for a tyre company? 2. Process management for a tyre company?Jody of Jody’s Custom Tailoring is considering expandingher growing business. Th e question is whether to expand with abigger facility than she needs or with a small facility, knowing thatshe will have to reconsider expanding in three years.Jody has estimated the following chances for demand:• Th e likelihood of demand being high is 0.50.• Th e likelihood of demand being low is 0.50. She has also estimated profi ts for each alternative:• Large expansion has an estimated profi tability of either$200,000 or $100,000, depending on whether demand turnsout to be high or low.• Small expansion has a profi tability of $80,000, assuming thatdemand is low.• Small expansion with an occurrence of high demand wouldrequire considering whether to expand further. If thebusiness expands at that point, the profi tability is expectedto be $120,000. If it does not expand further, the profi tabilityis expected to be $70,000.Draw a decision tree and solve it. What should Jody’s CustomTailoring do?2. Define the following terms: iii. Feed -back loop. Explain this as it applies in the Control Circle. iv. Identify and explain in detail features of feed- back which add value to the management of an institution.