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Formulate and solve on spreadsheet and please be in details, if possible provide screen shots.
A local high-tech company is determining its assembly schedule for the next 6 months. Assembly cost per drone is $100. In addition, if drones are to be assembled, there is a setup cost of $12000 per month. At the end of each month, there is a holding cost of $25 per unit left in inventory. No more than 200 drones can be stored in inventory at any point in time. Monthly demands for units are projected to be as follows: 140 in month 1; 175 in month 2; 175 in month 3; 146 in month 4; 169 in month 5; and 200 in month 6. At the beginning of month 1, 20 completed drones are in inventory. Finally, this company can complete up to 325 units per month. Formulate and solve an integer programming model to find the minimum cost of meeting the schedule.
Provide some examples in business or daily life in which a controlled process is erroneously adjusted and an out-of-control process is ignored. What implications do these errors have?
Explain how a decrease in setup time can lead to a decrease in average amount of inventory an industry holds. Illustrate what do you think. Under illustrate what conditions (if any) should a business install a forced-distribution rating system for ..
A Web server has five major components that must all function in order for it to operate as intended. Assuming that each component of the system has the same reliability and one of the components will have a backup with a reliability equal to that of..
The length of a bar is expected to be cut to a length of 2.25±.03 inches. A quality manager measures the cut bars and finds the sample mean of the length of the bar to be 2.259 inches, with a standard deviation of .007 inches. What is the lower and u..
A product is stocked for a single period only—there is no opportunity to replace inventory. The company would like to target a service level of 0.975 for this item. If demand is believed to be normally distributed with a mean of 15,000 and a standard..
Individual Research Reports. Each of you will be expected to investigate a current Leadership problem facing organizations today.
an automobile detailing shop has the following jobs waiting to be processed. all jobs cars requiring detailing must
For this question suppose which all 699 of units of Cedar are sold in the Nano segment. If the competitive environment remains unchanged. Elucidate what will be the Cedar product's demand next year (in 000's).
What is the best decision based on an expected monetary value criterion? (Note: You want the lowest EMV because we are dealing with costs in this problem.)
To complete this course, you should be working steadily on the development of your final project. Follow these instructions to submit the annotated outline component of your final project:
Stationery Supplies provides office supplies such as desk accessories, notebooks and pads. The company does not produce internally the products but has a number of suppliers who deliver regularly the merchandise.
What does it mean to align your department goals with the overall organization? Give an example of an organizational goal and two sales team goals that support it.
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