A firm has redesigned Its production process so that it now takes 10 hours for a unit to be made. Using the old process, It took 15 hours to make a unit. The process makes one unit each hour, on average, and each unit is worth $1,500. What is the reduction in work-in-process value? Reduction in WIP
Q: Is there a plethora of ideas, approaches, or tactics that may be employed to integrate suppliers…
A: Below is the detailed explanation on the given statement:
Q: A farmer has 10 acres to plant in corn, soybeans and wheat. He has only $1500 to spend where each…
A: Linear Programming is a mathematical and statistical tool that is used in operations management to…
Q: Assess the three (3) stages of the strategy-formulation framework as discussed in the course this…
A: The process of creating a strategic plan using the strategy-formulation framework is methodical and…
Q: xplain how the knowledge regarding the demand pattern of the following products can be used to…
A: Inventory decision refers to the process of determining the optimal level of inventory to be…
Q: A process currently services an average of 60 customers per day. Observations in recent weeks show…
A: Production refers to the process of creating goods or services by converting raw materials or…
Q: What happens to availability when the MTTR (time between failures) approaches zero? Is there a way…
A: Availability defined in simple words is a metric or a measure that represents the efficiency, and…
Q: Use of a performance tuning instrument in a real-world example of evaluating effectiveness?
A: Below is the example of how a performance tuning instrument can be used to evaluate the…
Q: Differentiate the types of appointment methods found at 7-2c and tell us which one you believe is…
A: Appointment methods allude to the various manners by which individuals can plan and affirm…
Q: what are the role of these stakeholders Human Resource (HR) Manager Project Manager (PM) Software…
A: A software company has created a client-specific order processing system in a hypothetical…
Q: The JSM company has been approached by an individual who has an idea for a new product. He wants to…
A: Find the decision tree below: Here costs are mentioned with a negative sign. The optimal decision…
Q: Inventory turns ProofSmart Inc., a supplier of home insulation materials, was burned down in a…
A: COGS is a actual cost of product to sold to consumer.
Q: Formulate this problem as a LPP b. Find the optimal solution by simplex method
A: The solution to a linear programming problem is a set of values for the decision variables that…
Q: Post Covid, the Faculty of Science at UEC has procured a suite of thirty (30) Smart Digital Lockers…
A: Below are the advantages and disadvantages (if any) of the trawling techniques identified:
Q: Question 7 Station 1 Machine A 20 min/unit Station 1 Machine B 20 min/unit Station 2 12 min/unit…
A: Process time is defined as the time taken by one unit from start to end position i e from entering…
Q: Exercise A steel mill produces two types of steel alloy: boral and chromal. Production of each…
A: Decision Variable: Suppose-X be the no. of boral steel alloy to be producedY be the no. of chromal…
Q: When a business decides to outsource some tasks, how much money can they anticipate to save?
A: Businesses that want to save expenses and boost efficiency often outsource their operations.…
Q: kindly do question 5 & 6 pls. thx Kiko Teddy Bear is a manufacturer of stuffed teddy bears. Kiko…
A: Precedence diagram:
Q: Magnus Packard is an underwriter who works at Capital State Financial where he processes loans…
A: SPT or Shortest processing rule is a sequancing model based on the processing time. Here it consider…
Q: The Caribbean Team "Vibes" or "Not": Another Day in the Life of a Call Centre In a rare moment alone…
A: Case Summary- Jennifer Ames, Senior Director for Global Customer Support at GerberGoodstart…
Q: The annual demand for an item is 10,000 units. The cost to process an order is $75 and the annual…
A: Given, Annual demand D = 10000 units Order cost S = $75 Holding cost = 20% of the price Price P is…
Q: Kroger's orders Louisiana Specialty Foods famous meat pies at a rate of 350 cases a month. The order…
A: As per our guidelines, we are supposed to answer only three subparts if multiples of subparts are…
Q: If a game does not have an equilibrium in pure strategies, then it will not have an equilibrium in…
A: Below is the explanation whether the given statement is True or False.
Q: Discuss the following techniques for environmental analysis: I. PEST II. Porters five forces model…
A: Environmental analysis is the process of analyzing the external and internal factors that can impact…
Q: Please elaborate on the significance of matching product requirements to production approaches
A: The laid-out product development process of the production is for the most part not coordinated in…
Q: Eva, the owner of Eva's Second Time Around Wedding Dresses, currently has five dresses to be…
A: Given:
Q: Chingola-Kasumbalesa PPP Concession Agreement Inked The Government of the Republic of Zambia signed…
A: The success of any major project depends on the clarity of the contractual agreement, effective…
Q: Activity Immediate Predecessors tn (weeks) cn tc (weeks) cc A --- 5 $500 3 $900 B A 6…
A: Given data-
Q: Year Demand History for the Bow Rake: DEMAND Month Year 1 Year 2 Year 3 Year 4 1 55,220…
A: Charts showing 4 year Demand History Analysis of Year 1 Historical Demand The Demand pattern shows…
Q: Mrs. Peters needed to raise money to bring her class to the Air and Space Museum in Washington, D.C.…
A: Given- Average donation raising = $45 per dayDonation target = $1,000
Q: 1) Describe the different types of e- commerce business models available for procurement and point…
A: E-commerce, short for electronic commerce, is a business model in which goods and services are…
Q: How important do you think it is to address management and staffing issues in the operations portion…
A: A key business plan component is the operations section, which describes how the company will be…
Q: ost Covid, the Faculty of Science at UEC has procured a suite of thirty (30) Smart Digital Lockers…
A: The above-given question is based on the Volere Requirements model. The Volere Requirements Model…
Q: Gestalt, Inc. uses a kanban system in its automobile production facility in Germany. This facility…
A: The average processing time refers to how much time it takes to process a task or a set of tasks, on…
Q: Consider a product with a daily demand of 150 units, a setup cost of $100, and a holding cost per…
A: Daily demand = 150 Holding cost (H)= 11% *35 = 3.85 Ordering cost (S)= $100 Operating days = 275…
Q: What method uses more processing time and resources: preemptive or non-preemptive scheduling?
A: Preemptive versus non-preemptive scheduling, two widely used scheduling techniques in operating…
Q: During slack periods, Chantilly Cove Hotel’s Reservations Manager Leah would rally her team to…
A: The hotel industry is highly competitive, and hotel managers are always looking for ways to increase…
Q: The boundaries of a process include all but one of the following: Select one: O a. Identification of…
A: A process is a series of interrelated activities that are performed to achieve a specific goal or…
Q: Create a PERT NETWORK and provide a critical path
A: PERT stands for Program Evaluation and Review Technique, and it is a project management tool used to…
Q: Explain how the implementation of the new information system can give a competitive advantage in…
A: Competitive advantage refers to the unique advantage that a business or organization has over its…
Q: The question states 80 minutes per customer but the solution uses 8 minutes per customer
A: Here, the arrival rate is 2.5 customers per hour The average service time is 80 minutes for one…
Q: Explain the factors affecting compensation on firm’s financial conditions, workers productivity and…
A: The capacity of a firm to recruit, retain, and inspire its personnel is directly impacted by…
Q: A manufacturing company preparing to build a new plant is considering three potential locations for…
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: A fabrication cell at Spradley's Sprockets uses the pull method to supply gears to an assembly line.…
A: Requirement (D) = 547 Containers = 0.3 One containers = 1.3 Lead time (L) = 0.3+1.3 = 1.6 Size of…
Q: Kiko Teddy Bear is a manufacturer of stuffed teddy bears. Kiko would like to be able to produce 40…
A: Since you have posted a question with multiple sub-parts, we will solve first three sub- parts for…
Q: A maintenance building construction project also includes an external electrical generator and water…
A: Find the information below:
Q: Alex is facing the difficult task of considering revamping the compensation system. Currently what…
A: The compensation system includes total rewards which are given to the employee of an organization. A…
Q: What is the scope of the following project? (2 paragraphs please) Barbados GIS – The United…
A: A project's scope determines its objectives, deliverables, and goals. The project's scope, which…
Q: Explain THREE (3) reasons sampling is preferred compared to a census.
A: Census is relative with statistical method that collect data from every individual in a population.…
Q: https://yukon.ca/en/yukon-grown-marketing-strategy Answer the question from the article: How could a…
A: According to the article, a "Yukon Grown" logo and brand could support the broader Yukon brand…
Q: What precisely is meant by the term "framework," and how does one go about establishing one?
A: Introduction: A framework can be used to address a wide range of challenges, such as project…
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 2 images
- We measure, monitor and improve process cycle time because: a. It is an easy measurement to make *b. Increasing cycle time helps us improve the capacity of the process and reduce costs c. Everyone understands cycle time d. Customers are interested in how long it takes to make a product e. All of the above f. None of the above1. 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 to produce the shopping carts. Prior to buying the new equipment, the company used five workers, who produced an average of 100 carts per hour. Workers receive $20 per hour, and machine cost was $50 per hour. With the new equipment, it was possible to transfer one of the workers to another department, and equipment cost increased by $10 per hour while output increased by four carts per hour. a. Compute labor productivity under each system. Use carts per worker per hour as the measure of labor productivity. b. Compute the multifactor productivity under each system. Use carts per dollar cost (labor plus equipment) as the measure. Comment on the changes in productivity according to the two measures, and on which one you believe is the more pertinent for this situation. C.Please do not give solution in image format thanku The flow rate through a process is 0.5 flow units per minute. The number waiting for the process is 1. The time to do the activity in the process is 1 minute. This is a stable system. The average amount of time a flow unit spends waiting for the activity and doing the activity = ______. Enter one integer (which can be 0) and ONE decimal, so the answer looks like X.X. Any of the Xs can be a 0.
- These are not graded questions as they are revision questions from my textbookThe cost of computer equipment does not include the consultant's fee to supervise installation of the equipment. True or FalseA company that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts. Prior to buying the new equipment, the company used 6 workers, who together produced an average of 70 carts per hour. Workers receive $18 per hour, and machine cost was $30 per hour. With the new equipment, it was possible to transfer one of the workers to another department, and equipment cost increased by $11 per hour, while output increased by 5 carts per hour. a. Compute labor productivity under each system. Use carts per worker per hour as the measure of labor productivity. (Round your answers to 3 decimal places.) b. Compute the multifactor productivity under each system. Use carts per dollar cost (labor plus equipment) as the measure. (Round your answers to 3 decimal places.) c. Comment on the changes in productivity according to the two measures. (Round your intermediate calculations…
- 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 to produce the shopping carts. Prior to buying the new equipment, the company used 6 workers, who together produced an average of 80 carts per hour. Workers receive $18 per hour, and machine cost was $40 per hour. With the new equipment, it was possible to transfer one of the workers to another department, and equipment cost increased by $10 per hour, while output increased by 5 carts per hour. Comment on the changes in productivity according to the two measures. (Round your intermediate calculations to 3 decimal places and final answers to 2 decimal places.) Labor Productivity increased by ____% Multifactor productivity increased by ___%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 to produce the shopping carts. Prior to buying the new equipment, the company used 5 workers, who together produced an average of 80 carts per hour. Workers receive $10 per hour, and machine cost was $40 per hour. With the new equipment, it was possible to transfer one of the workers to another department, and equipment cost increased by $10 per hour while output increased by 4 carts per hour. Compute labor productivity under each system. Use carts per worker per hour as the measure of labor productivity.An oval represents ________ in a process map. Group of answer choices An activity A beginning or end point A decisionA waiting phase
- D) At what click through rate in position 1 are you indifferent between positions 1 and 2? E) What is the cost per order of the orders you gain by moving up from position 3 to position 2?Please do not give solution in image format thanku Customers send e-mails to a help desk of an online retailer every two minutes, on average, and the standard deviation of the interarrival time is four minutes. The online retailer has three employees answering e-mails. It takes on average five minutes to write a response e-mail. The standard deviation of the processing times is one minute. (a) How many e-mails would there be, on average, that have been submitted to the online retailer but not yet answered? (b) Estimate, on average, how long the customers will wait before being served. (c) Determine the minimum number of employees required to have at most 10 minutes of waiting. Do not use excel. Explain every step in your answers in detail.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 to produce the shopping carts. Prior to buying the new equipment, the company used 5 workers, who together produced an average of 90 carts per hour. Workers receive $13 per hour, and machine cost was $30 per hour. With the new equipment, it was possible to transfer one of the workers to another department, and equipment cost increased by $10 per hour while output increased by 5 carts per hour. a. Compute labor productivity under each system. Use carts per worker per hour as the measure of labor productivity. (Round your answers to 3 decimal places.) Before carts per worker per hour After carts per worker per hour b. Compute the multifactor productivity under each system. Use carts per dollar cost (labor plus equipment) as the measure. (Round your answers to 3 decimal places.) Before carts/dollar cost…