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Your company assembles five different models of a motor scooter that is sold in specialty stores in the United States. The company uses the same engine for all five models. You have been given the assignment of choosing a supplier for these engines for the coming year. Due to the size of your warehouse and other administrative restrictions, you must order the engines in lot sizes of 1,500 each. Because of the unique characteristics of the engine, special tooling is needed during the manufacturing process which you agree to reimburse the supplier. Your assistant has obtained quotes from two reliable engine suppliers and you need to decide which to use. The following data has been collected:
Note:Assume that half of lot size is in inventory on average (1,500/2 = 750 units).
Two qualified suppliers have submitted the following quotations:
Your assistant has obtained the following freight rates from your carrier:
Describe how would waiting time change if the Corporation decides to limit all rentals to exactly 72 hours. Suppose which if such a restriction is imposed, the number of customers requesting a phone would be reduced to 20 customers per day
Discuss the organizational design you would select. Make sure you explain why you would select that organizational design.
Assuming that the current turnover and profits of both the units are comparable, compare the relative benefits and limitations of Materials Requirement Planning (MRP) for these two businesses.
List several of the major differences between manufacturing and service operations and then articulate the importance of a strong manufacturing base to the overall economy.
Describe Shutter fly's business-level strategy. Who is the targeted customer. Which customer needs does the organization satisfy. Explain how does the organization use its competencies to satisfy these needs.
Discuss chaos in health care systems today. In addition, discuss the role of insurance and billing, HMOs, varying drug costs across borders
Kathmandu Products orders materials from its suppliers 12 times per year, at a re-ordering costs of $250 (per order). The company's average inventory is valued at $700,000.
Executives at your company are now interested in motorcycles with larger motors and would eventually like to produce motorcycles in the touring class
Write the Optimal Solution below. Note: The Optimal Solutions must include the optimal values for the non-zero variables as well as the objective function.
Garden Variety Flower Shop uses 750 clay pots a month. The pots are purchased at $2 each. Annual carrying cost per pot are estimated to be 30 percent of the cost and ordering costs are $20 per order
Illustrate what types of scheduling decisions is management likely to encounter in subsequent operations. Describe scheduling decisions in terms of types of resources to be scheduled also associated consumers or jobs scheduled.
Consider a single-line, single-server waiting line system. Suppose that there is only physical space for 2 units in the system (one in line and one being served).
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