Deterministic operations research

Assignment Help Other Subject
Reference no: EM13900098

Deterministic Operations Research

Problem Description: One of Virginia's top exports is computer chips. A Virginia-based computer chip manufacturer, Super Chip, has five manufacturing facilities in the commonwealth. Each facility is capable of manufacturing Super Chip's complete portfolio of computer chips which includes 30 different chips. However, each facility has different production capacity levels. Further, as a result of each facility having different equipment and costs for set-up processes varying between facilities, the cost of manufacturing each chip is facility dependent. As part of its sales and distribution system, Super Chip distributes to 23 sales regions across the U.S. Due to variations in shipping distances and shipping material requirements, different shipping costs are associated with shipping different computer chips from each facility to each region.

Super Chip would like a recommendation as to how they should carry out their production and distribution operations for the following fiscal year. Included in the recommendation, Super Chip is interested in evaluating certain strategic-level questions:

• Currently, each facility produces each of the 30 types of chips at levels that are proportional to the facility's total production capacity. Would you recommend an alternative production policy? If so, how would the new policy compare to the current one with respect to costs?

• Super Chip has received additional cash flows that are available for capital investment. Based on your recommendation to the question above, if Super Chip was to expand the production capacity at a single facility by purchasing additional equipment, which facility should receive the investment of capital? How much would a production capacity expansion affect the total costs for production and distribution?

• It is estimated that next year's demand is going to increase by 10% across all of the sales regions. Does Super Chip have sufficient capacity to handle the estimated increase in demand? If so, what are the associated costs for filling the new demand in comparison to this year's demand?

• Super Chip is evaluating new computer chip manufacturing technologies. It is estimated that one of these new technologies could reduce production costs for all of the chips by 15%. If Super Chip was to evaluate this new manufacturing technology in one of its facilities, which facility should receive the new technology?

Data:

The following data can be found in the "SuperChipData.xls" file in Blackboard:

• Production capacity at each facility
• Demand for each computer chip in each sales region (These are orders that must be fulfilled in the fiscal year for which you are consulting.)
• Costs for shipping each computer chip from each facility to each sales region
• Production costs for each computer chip at each facility

Report:

Your report should be submitted electronically through Blackboard and should include the following:

• A memo, or letter, to Super Chip management outlining your recommendations
• Commented source code for any analyses (.mpl files, etc.)
• Any supporting material that you feel is important to the decision making process (e.g., appendices, tables, graphs)

The entire project is to be done individually and the work you submit should be your own.

Note: This course project is intentionally open to interpretation. You will be assessed on your ability to model the problem as a math program and justify appropriate assumptions, efficiently solve the problem with available software (MPL), accurately interpret your results in the context of the problem, and translate your results to a set of meaningful recommendations.

Attachment:- SuperChipData.xls

Reference no: EM13900098

Questions Cloud

Bonzo chemical manufacturing company : Bill is the Operations Manager at Bonzo Chemical Manufacturing Company. One of his leaders have suggested that it might be valuable to measure productivity in the operations. What would you tell Bill about how to measure productivity in his operation..
Critical elements of culture and diversity : Relate the global leadership style differences and similarities within the constructs of transformational leadership. Discuss at least three critical elements of culture and diversity on the modern health care organization. Also, provide a table o..
Piaggio''s statement of cash flows in appendix a : 1.Refer to Piaggio's statement of cash flows in Appendix A. What investing activities result in cash outflows for the year ended December 31, 2011? List items and amounts.
Hrm plays a strategics roles in driving organizational : What does it mean to say that HRM plays a strategics roles in driving organizational performance? consider recruiting, training, performance appraisal, and compensation strategies as part of your answer.
Deterministic operations research : How would the new policy compare to the current one with respect to costs and how much would a production capacity expansion affect the total costs for production and distribution?
Estimate for the average time to build the first two units : A set of only five measuring instruments is to be produced. A DFA analysis shows an estimated assembly time given by TA.Using a 90% learning curve, provide an estimate for the average time to build the first two units. Use this value to determine ..
Balanced scorecard : The term “balanced scorecard” became part of the professional accounting vernacular in the early 1990s. This nontraditional approach to measuring strategic performance was developed by Dr. Robert Kaplan and Dr. David Norton. As the name implies, the ..
How corporate culture should influenced its decision making : Read and analyze a multinational corporation's ( MNC's) list of values/ value statement/or code of ethics. Share one ethical or one legal global situation the company is currently involved in. Explain how corporate culture or values should have inf..
Cash flows from financing activities : 1.Use the following information to determine this company's cash flows from financing activities.

Reviews

Write a Review

Other Subject Questions & Answers

  In the pearl john steinbeck does not shy away from showing

in the pearl john steinbeck does not shy away from showing readers unattractive sides of many of the novellas

  Research evidence- notion of romantic love is a myth

Using research evidence, argue for or against the following statement: We are socialized to fall in love with only certain people, therefore the notion of romantic love is a myth.

  What is its angular momentum relative

A 1.13 kg particle-like object moves in a plane with velocity components vx = 60.1 m/s and vy = 64.6 m/s as it passes through the point with (x, y) coordinates of (9.34, -5.10) m. Just then, in unit-vector notation, what is its angular momentum relat..

  Social strategy for competitive advantage

Social Strategy for Competitive Advantage

  Dscribe instance where you may have experienced different

explain an instance where you may have experienced different perspectives based on culture. examples or cultural

  Examine study of intercultural communication

Examine the study of intercultural communication and demonstrate how and why it is useful. What are the ideas of the leading thinker on the subject, Edward, T. Hall. Break up culture into two categories:

  History of health insurance

Health insurance is a concept developed in the United States and now appearing in many other nations of the world. Its history and development is an interesting story. Briefly trace the history of health insurance in America, from the beginnings with..

  A primary care physician group practice

The following is a generic mission statement for a primary care physician group practice. You have been hired as a consultant by the group to review the statement and make suggestions for revising it. Before you begin any revisions, what inform..

  The nexus of knowledge and reality

The Nexus of Knowledge and Reality

  Drafting and adoption of a code of ethics

Drafting and adoption of a code of ethics is one approach of making staff and volunteers aware of various ethical issues and hopefully avoid lapses in ethics. What is a code of ethics, and how can such a document help a nonprofit organization?

  The research essay-using insights gained through your

the research essay-using insights gained through your first two projects write a research essay in which you argue

  Which of the following acts made the closed shop illegal

The least stressful job in the following list is. What Act requires organizations with a pension or profit-sharing plan to provide employees with specific data at specified times? Which of the following acts made the closed shop illegal?

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd