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1. Consider a piecemeal replenishment situation where the production rate is 100 units per day, the demand (consumption) rate is 4 units per day, and the economic production lot size is 500 units. Which of the following statements is true?
2. An item experiences an annual demand of 7,200 units. It costs $8.00 to hold the item in inventory for one year and $16.00 to place an order. If the EOQ model is used, what is the time between orders?
3. Annual demand for a product is 1,600 units, and the holding cost is $2.00 per unit per year. The cost of setting up the production line is $25.00 . There are 200 working days per year. The production manager decided to produce 200units each time she started production. If it takes her 4 days to produce the 200 units, what was her production rate?
4. Judith Thompson is the manager of the student center cafeteria. She orders frozen pizzas and bakes them on the premises. She anticipates a weekly demand of ten (10) pizzas. The cafeteria is open 45 weeks a year, 5 days a week. The ordering cost is $15.00 and the holding cost is $0.40 per pizza per year. What is the optimal number of pizzas Judith should order?
Find the optimal order quantity, what is the reorder point and how often should an order be placed
Identify three TQM tools that may be used for ongoing process improvement. Be sure to describe who will use the tool, when it will be used, and what interval and how it will lead to process improvement.
describe how the skills needed for designing and implementing human process based interventions differ from those need
During replenishment of blue diamonds, it is shown that the average demand per period is 4 and the average lead time is 3 per period. What is the standard deviation of demand during replenishment of blue diamond.
A company is considering relocation of its manufacturing plant. 20 percent are employed. does the company have a social responsibility to factor into its decision
n doing driving forces analysis, is it sufficient to simply classify driving forces that are operating to alter industry and competitive conditions.
Create a detailed scenario in which a merger or acquisition would be a viable strategy to implement. Consider who the merger or acquisition would involve, the market conditions making it a good choice, and the type of strategy that would make it a..
West valves is approximately 80. Compute the EOQ, ROP, optimal number of orders per year also total annual cost for Western valves.
what type of process - project, job shop, flow shop, and continuous flow - would most likely be used ot produce the following? Explain your reasoning. a) Apple iPads b) Weddings c) Paper d) Vehicle Loans
What is the possible daily output of this "process" if 8 hours of processing time is available each day? Given your output in part a, what is the efficiency of the process? What is the flow time of the process?
The publication team for an engineering department wants to improve the accuracy of its user documents but is unsure why documents are not error free.
Define operations management. Explain how operation management's role is applied to your chosen organization.
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