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Consider a process consisting of three resources. Assume there exists unlimited demand for the product.
Resource 1 has a processing time of 6 minutes per unit.
Resource 2 has a processing time of 3 minutes per unit.
Resource 3 has a processing time of 5 minutes per unit.
Draw a process flow diagram of this process.
What is the capacity of resource 2?
What is the bottleneck in the process?
What is the utilization of resource 2?
How long does it take the process to produce 200 units starting with an empty system, assuming this is a worker-paced process?
A taxi driver plans to pick you up at the airport and drop you off at the bank so you can complete some financial transaction before you head home. He notes that the change in vehicle operating cost (VOC) is 42 cents per mile. Given that his fuel con..
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Studies indicate that good leaders are typically positive and enthusiastic.
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Identify the earliest start/completion and finish/completion for each task. Calculate slack for every project activity.
Simon Sinek uses Apple as an example of a successful organization that thinks differently on how it positions/sells its products. In the past year, Apple's market value has plummeted from a high of $700+/share to less than $350 in April/May, 2013. Th..
The course is Energy Value Chain. You are a consultant working for an advisory company that prepares concise reports for clients to "educate" senior managers in the respective clients' organizations about topics with which they are not familiar.
A billing clerk is working one hour each day before clocking in at her scheduled start time. She explains that the workload is massive and in order to keep current, she must start work early. Because she has not been compensated for her hours worked,..
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