User Account

All Pages

Explain how this affect the subsequent bid

Assignment Help Operation Management
Reference no: EM13230275

Lamda Computer Products competed for and won a contract to produce tow prototype units of a new type of computer that is based on laser optics rater than on electronic binary bits. The first unit produced by Lamda took 5,000 hours to produce and required $250,000 worth of material, equipment usage and supplies. The second unit took 3,500 hours and used $200,000 worth of materials, equipment usage and supplies. Labor is $30 per hour.

a. Lamda was asked to present a bid for 10 additional units as soon as the second unit was completed. Production would start immediately. What would this bid be?

b. Supposed there was a significant delag between the contracts. During this time, personnel and equipment were reassigned to other projects. Explain how this affect the subsequent bid?

 

Reference no: EM13230275

Questions Cloud

A mathematics placement exam : At a large university, a mathematics placement exam is administered to all students. Samples of 36 male and 30 females are randomly selected from this year's student body and the following scores recorded.
Calculate the percentage ionization for the acid : A 0.100 M solution of a certain weak acid, HA, is found to have a pH of 2.45. Calculate the % ionization for the acid. Enter the answer as a decimal number with 3 decimal places. Do not enter the units.
What is the value of the voltage reflection coefficient : A certain lossless transmission line is terminated in a normalized load impedance of ZL,n = 0.5  j2 ohms. Use a Smith Chart to determine the answers to the following questions. Mark the position of the load impedance on the chart and label it ZL.
Discuss benefits of working with shell scripts : Discuss the benefits and provide examples of working with shell scripts.
Explain how this affect the subsequent bid : Supposed there was a significant delag between the contracts. During this time, personnel and equipment were reassigned to other projects. Explain how this affect the subsequent bid?
Determine the ph also all of the equilibrium concentrations : Determine the pH, percent ionization and all of the equilibrium concentrations for each of the following.
What disadvantages does the court system have : Advise BDM as to its legal rights against AWB under Clause 4 of their contract and what disadvantages does the court system have as a system for resolving disputes between the parties to a commercial contract?
Write and test a c program that outputs a waveform : Write and test a C program that outputs a waveform that switches from 10.0 kHz with a 50% duty cycle to 25.0 kHz with a 5% duty cycle every 5 seconds. Your code design must be modular - initializations and program operations are to be performed
What would be the expected time : A time standard was set as 0.20 hour per unit based on the 50th unit produced. If the task has a 90 percent learning curve, what would be the expected time of the 100th, 200th, and 400th units? Show work

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

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 in hospitality enterprise

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..

  Managing operations and information

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..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

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

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

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.

  A make or buy analysis

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

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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