Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Vision is a large company that produces video-capturing devices for military applications such as missiles, long-range cameras, and aerial drones. Four different types of cameras (small, medium, large, and precision) are produced in three plants in the system. Each plant can produce any of the four camera types, although each plant has its own individual constraints and unit costs. These constraints cover resource restrictions on labor, machining, and material. Specific values for resource constraints at each plant are given in Tables 1-3. Note that even though the procedures are identical in the three plants, different production processes result in different amounts of resources consumed in the different plants. The corporation controls the material that goes into the lenses; the material requirements for each product are given in Tables 1-3. Material availability is system-wide and a total of 3500 pounds of material is available for the entire system during the planning period. Transport has three major customers: RAYco, HONco, and MMco. The maximum sales for each customer-production pair is given in Table 4. Product sales prices are given in Table 5. Shipping costs from each plant to each customer are given in Table 6. Table 7 contains the production costs for each product-plant pair. All shipping from plants 1 and 2 that goes to RAYco or HONco must go through a special inspection. These units are sent to a central site, inspected, and then sent to their destination. The capacity of this special inspection site is 1500 pieces. 2 DATA Table 1: Plant 1 Product-Resource Constraints Labor (hours/unit) Machine(hours/unit) Material (lbs/unit) Small 3 8 1 Medium 3 8.5 1.1 Large 4 9 1.2 Precision 4 9 1.3 Total Available 6,000 10,000 - Table 2: Plant 2 Product-Resource Constraints Labor (hours/unit) Machine(hours/unit) Material (lbs/unit) Small 3.5 7 1.1 Medium 3.5 7 1 Large 4.5 8 1.1 Precision 4.5 9 1.4 Total Available 5,000 12,500 - Table 3: Plant 3 Product-Resource Constraints Labor (hours/unit) Machine(hours/unit) Material (lbs/unit) Small 3 7.5 1.1 Medium 3.5 7.5 1.1 Large 4 8.5 1.3 Precision 4.5 8.5 1.3 Total Available 3,000 6,000 - Table 4: Maximum Product Sales (Units) RAYco HONco MMco Small 200 400 200 Medium 300 300 400 Large 500 200 300 Precision 200 400 300 Table 5: Product Sales ($/Unit) RAYco HONco MMco Small 17 16 16 Medium 18 18 17 Large 22 22 23 Precision 29 26 27 Table 6: Shipping Costs ($/Unit) RAYco HONco MMco Plant 1 1 1.6 1.1 Plant 2 1.2 1.5 1 Plant 3 1.4 1.5 1.3 Table 7: Production Costs ($/unit) Plant 1 Plant 2 Plant 3 Small 14 13 14 Medium 16 17 15 Large 18 20 19 Precision 26 24 23
Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..
Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..
Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..
An analysis of the holding costs, including the appropriate annual holding cost rate.
Briefly explain Evolution and contributor of Operations management.
A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.
Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.
Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.
Ccompare the effectiveness of different leadership styles in different organizations
Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd