Operations Management

All new and solved questions in Operations Management category

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EOQ Inventory Problem
The production process at Father Dominic’s Pizza can produce 400 pizza pies per day; the ?rm operates 250 days per year. Father Dominic’s has a cost of $180 perproduction runand a holding cost of $5 per pizza-year. The pies are frozen immediately after they are produced and stored in a r...
4 answers
HW4a
On January 1, 2005, a person’s savings account was worth $200, 000. Every month thereafter, this person makes a cash contribution of $676 to the account. If the fundis expected to be worth $400,000 on January 1, 2010, what annual rate of interest is being earned on this fund?...
1 answer
OPM Help
the manager of a carwash must decide whether to have 1 or 2 wash lines. 1 line will mean a fixed cost of $6000/month and 2 lines will mean a fixed cost of$10,500/month. each line would be able to process 15 cars/hour. variable costs will be $3/car, and revenue will be $5.95/car. the manager projects...
2 answers
Operations mgt
Coca-ColaNestléHow well have these two companies performed financially? Does this relate to their global approach to business?...
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List and describe consumer rights that have become social expectations of business.
List and describe consumer rights that have become social expectations of business....
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Engineering economy
A foreman supervises A, B, and eight other employees. The foreman states that he spends twice as much time supervising A and half as much time supervising B,comparedwith the average time spent supervising his other subordinates. All employees have the same production rate. On the basis of equal cost...
1 answer
Don't understand
As an operations analyst for your company, you have been asked to find an improvement that will increase the productivity of your company. Your boss is demanding a 25%increase in productivity, you have two option to choose from:You can increase your workforce by 10%, which will result in a 38% incre...
2 answers
Your boss says: “Why do I need to tell you what type of learning capability I’m interested...
1.Your boss says: “Why do I need to tell you what type of learning capability I’m interested in? I just want a training program to teach employees how to give goodcustomer service." Explain to the boss how “good customer service” can be translated into different learning ...
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Help with opm please!
A company that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed toproduce the shopping carts. Prior to buying the new equipment, the company used 5 workers, who produced an average of 80 carts per hour. Wor...
1 answer
Operations mgmt
The following table shows data on the average number of customers processed by several bank service units each day. The hourly wage rate is $25, overhead rate is1.0 times labor cost, and material cost is $5 per customer.UnitsEmployeesCustomers ProcessedA436B540C860D320-Compute the labor productivity...
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EOQ Inventory Problem
A company can produce 100 home computers per day.The setup cost for a production run is $1,000. The cost of holding a computer in inventory for one year is$300.Customers demand 2,000 home computers per month(assume that 1 month = 30 days and 360 days = 1 year). What is the optimal production run siz...
2 answers
Forecast using exponentiall smooting
Favors Distribution Company purchases small imported trinkets in bulk, packages them, and sells them to retail stores. In February the company predicted they wouldsell 10,000 trinkets. Their sales for February were 9,000 trinkets. Using a smoothing constant of an alpha of 0.3, the sales manager want...
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Process Capability
The Crunchy Potato Chip Company sells chips in boxes with a net weight of 30 ounces per box (850 grams). Each box contains ten individual 3-ounce packets of chips.Product design specifications call for the packet-filling process average to be set at 86.0 grams so that the average net weight per box ...
1 answer
Products and operations management
Micromedia offers computer training seminars on variety of topics. In the seminars each studentworks at a personal computer, practicing the particular activity that the instructor is presenting.Micormedia is currently planning a two-day seminar on the use of Microsoft Excel in statisticalanalysis. T...
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This problem is deals with reliability of systems in parallel
A product is made up of two subsystems in parallel. Subsystem one consists of ten elements in series each with a failure rate of 1/100. The second subsystem consistsof 5 elements in series each with a failure rate of 1/200. What is the overall reliability of the system?...
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Logistics and Channel Management - Discussion Questions
1. Discuss the common logistics measures in transportation, warehousing, and inventory management.2. Why might performance measurement be more difficult in global logistics systems?...
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What signals does the department send by making "projectmanager" the highest position in the...
What signals does the department send by making "projectmanager" the highest position in the department?...
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Business finance
If a business is making money and has a good cash flow, why might it still be necessary to conduct financial research?...
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Quality and Performance
At Isogen Pharmaceuticals, the filling process for its asthma inhaler is set to dispense 150 milimeters (ml) of steroid solution per container. The average range for asample of 4 containers is 3 ml. Use Table 5.1 to establish control limits for sample means and ranges for the filling process....
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Excel solver
A trust officer at the Blacksburg National Bank needs to determine how to invest $100,000 in the following collection of bonds to maximize the annual return.BondReturnMaturityRiskTax-FreeA9.5%LongHighYesB8.0%ShortLowYesC9.0%LongLowNoD9.0%LongHighYesE9.0%ShortHighNoThe officer wants to invest at leas...