What is value added, and how is it achieved?value adding is basically a simple process cName and describe four major factors affecting operations management.The main key factors which mainly affects theDescribe the five primary manufacturing strategies. How does each affectdelivery lead time?Your answer IGive an example of a postponement activity.Your answerSubmitClearNever submit passwords through Google Forms.OLO

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Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Unilever Manufacturing operates year-round. The following data are pulled from thecompany’s most recent semi-annual report.Assets• Raw material inventory $120,000• Work-in-process inventory $50,000• Finished goods inventory $300,000• Property, plant, and equipment $500,000• Other assets $200,000• Total assets $1,150,000Condensed Income Statement• Revenue $2,000,000• Cost of goods sold $600,000• Other expenses $1,000,000• Net income $400,000Calculate the following based on a year duration:(a) Percentage invested in inventory (PIII);(b) Inventory turnover (TURNS); and(c) Weeks of supply (WOS)
Determine whether the following is a feasible sales and operations plan. Assume that the company has 56,000labor hours available during the next planning period time horizon. Product Units Demanded Standard Hours (in hours/unit) A 14,000 0.95 B 35,000 0.95 C 5,500 1.70 D 28,500 0.20 The total labor hours required by these four products for the next quarter is ______ (Enter your response as a whole number.)
uiven the contribution made on each of the three proaucts in the following table and uieir position in the life cycle, identify a reasonable operations strategy for each: COMPANY CONTRIBUTION (%: TOTAL ANNUAL CONTRIBUTION (% OF SELLING DIVIDED BY TOTAL POSITION IN ANNUAL SALES) PRODUCT CONTRIBUTION PRODUCT PRICE) LIFE CYCLE Smart watch 30 40 Introduction Tablet 30 50 Growth Hand calculator 50 10 Decline
Explain.. How does operations planning contribute to risk mitigation and business continuity planning?
Operations ManagementHow is Total Productive Maintenance different from Preventive Maintenance and (how do you intend to implement Overall Equipment Effectiveness (OEE) / Overall Labor Effectiveness (OLE) / Overall Sales Effectiveness (OSE)?)
What is Louis Vuitton main activities – while highlighting their nature from an operation management perspective (e.g., the production of (a) good(s) or the delivery of service(s), forecasting, purchasing, distribution, scheduling, etc.).
Operations management is the business function responsible for controlling. needed to produce a company's goods. Select one: O a. Time O b. Power O c. Resources O d. Organization
Managing the Operations 1. What are the 6 important activities of a productive system? 2. What is a workflow layout? 3. What are the 4 ways of achieving proper inventory Control? 4. Draw the transformation process of an existing company. Indicate where the improvements of the flow can be introduced. Managing the Marketing Function 1. What is the marketing concep 2. What are the 4 P’s of Marketing 3. Choose an engineering firm with an existing marketing unit. Draw the organization chart of the firm showing the marketing unit and the relationship with other units. Managing the Finance Function 1. What is the Finance Function of an organization? 2. What are the 4 major fund requirements of an engineering firm? 3. What are the 6 major sources of funds to finance an engineering firm? 4. What is Risk Management? What are the methods in dealing with risks? 5. Identify an engineering firm of your choice Determine the methods used by the firm in handling risk. Do you consider…
Hi, I need help finding the answer to this Operations Management word problem. Thanks!
Please do not give solution in image format thanku Live Trap Corporation received the data below for its rodent cage production unit. OUTPUT 49,500 cages Sales price: $3.50 per unit INPUT Production time 632 labor hours Wages $ 7.50 per hour Raw materials (total cost) $30,000 Component parts (total cost) $15,350 Find the total productivity in units sold and dollars of sales per dollar input. Note: Do not round intermediate calculations. Round your answers to 2 decimal places.
What are the 5 Ps of production in which i rms typically seek operations consulting?
The U.S. Airfilter company has hired you as a supply chain consultant. The company makes air filters for residential heating and air-conditioning systems. These filters are made in a single plant located in Louisville, Kentucky, in the United States. They are distributed to retailers through wholesale centers in 100 locations in the United States, Canada, and Europe. You have collected the following data relating to the value of inventory in the U.S. Airfilter supply chain: QUARTER 4 (ОСТОВER THROUGH QUARTER 3 (JULY THROUGH SEPTEMBER) All amounts in millions of U.S. dollars QUARTER 1 (JANUARY THROUGH MARCH) QUARTER 2 (APRIL THROUGH JUNE) DECEMBER) Sales (total quarter): United states 375 70 15 300 350 60 405 75 Canada 75 Europe 30 33 20 Cost of goods sold (total quarter) 280 295 340 350 Raw materials at the Louisville plant (end-of-quarter) 50 40 55 60 Work-in-process and finished goods at the Louisville plant (end-of-quarter) 100 105 120 150 Distribution center inventory…

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What is value added, and how is it achieved? value adding is basically a simple process c