1 Assignment of jobs to machines 2 3 Input Data 4 5 Machine 1 6 Machine 2 7 Machine 3 8 Machine 4 9 Machine 5 10 Required Machines Job 1 14 11 12 Network structure and flows 13 List of arcs in the network by (Origin, Destination) 14 15 2 7 2 5 Job 2 5 12 8 4 5 Job 3 8 6 3 6 4 Job 4 7 5 9 10 Capacity Paste the used Range Names Flow balance constraints 1 Nodes with only outflows (total outflows ce capacity)
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- Ultimately, _________ was replaced by the _________ on January 1st 1995. Question 2Answer a. GATS, WTO b. WTO, GATT c. IMF, GATT d. GATT, WTO14 Uncommitted inventory that is physically on-hand is called ______. a ready-to-buy b ready-to-sell c made-to-stock d available-to-promise 15 Which system calculates materials, subassemblies, and components required for end item production? a production planner b master production schedule c capacity requirements planning d materials requirements planning 16 What is the process that identifies which parent item has generated requirements for a component called? a where-used analysis b splitting c pegging d nettingExercise 4 The Fly-Right Airplanc Company builds small jet planes to scll to corporations for the use of the exccutives. To meet the needs of these exccutives, the company's customers sometimes order a custom design of the air planes being purchased. When this occurs, a substantial start up cost is incurred to intiate production of these airplanes. Fly-Right has recently reccived purchase requests from three customers with short deadlines. However, as the company's production facilities already are almost completely tied up filling previous orders, it will not be able to accept all three orders. Therefore a decision now needs to be made on the number of airplancs the company will agree to produce (if any) for cach of the three customers. The table below gives the relevant information on cach of the three customers. Each customer has a fixed start-up cost, paid just once irrespective of how many plancs are produced for that customer. The marginal net revenue is received per plane…
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- Required Information [The following information applies to the questions displayed below.] Professor John Morton has just been appointed chairperson of the Finance Department at Westland University. In reviewing the department's cost records, Professor Morton found the following total cost associated with Finance 101 over the last five terms: Term Fall, last year winter, last year Summer, last year Fall, this year winter, this year Professor Morton knows there are some variable costs, such as amounts paid to graduate assistants, associated with the course. He would like to have the variable and fixed costs separated for planning purposes. Total Cost (in dollars) 16,000 14,000 12,000 10,000 Required: 1. Prepare a scattergraph plot. (Plot total cost on the vertical axis and number of sections offered on the horizontal axis.) Instructions: 1. On the graph below, use the point tool (Fall last year) to plot number of sections offered on the horizontal axis and total cost on the vertical…Model A B C Labor Hours Used Hours Available Tubing Pumps A B C Blue Ridge Hot Tubs Total Profit Pumps Tubing Number to Assembl Require Require Make y hours d Resources Used Demand Min 15 12 10 322 Max 130 Available 650 88 30 40 45 d 112 A B C 11 10 12 Profit/Unit $ 96.00 $ 75.00 $ 116.00 Blue Ridge Hot Tubs is a local company that just received a donation of tubes and pumps used for hot tubs. The company wants to know how many of each model they should make in order to maximize their profits. They need to stay within the amount of available hours, can't make more than what they have the resources for, and want to stay within the minimum and maximum demand.In past 4 weeks, AOC (Arab oil company) started producing and distributing national engine oil to substitute French Total and Esso brands. Production reported to be in thousands: 2, 4, 3, 5 TG Thousand Gallons). AOC production will be calculated after 5 more weeks.