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Q. Gabriela manufacturing was able to find out a new supplier which would provide the item for 1.80 per unit with an annual fix cost of $200,000, Should Gabriela manufacturing outsource or insource the item?
Q. Eric Brinker of JetBlue noted which the data depend developed during the crisis had not been needed before because the organization had never experienced a meltdown. Illustrate what are the risks also benefits associated with this approach to IT planning? Provide some examples of each.
A company produces two products which are processed on two assembly lines. Assembly line 1 has 100 available hours, and assembly line 2 has 42 hours. Propose linear programming model for this problem.
subsequent tabulations are actual sales of units for 6 months and a starting forecast in January. Compute forecasts for remaining 5months using simple exponential smoothing with.
Illustrate what o r factors are relevant to this issue. Elucidate how do changes in assumptions mentioned by o r managers affect proposal. Illustrate what position should Jim take.
Welch Business is considering 3 independent projects, each of which requires $5 million investment. Approximated internal rate of return IRR and cost of capital for se projects are presented below. Illustrate what will its payout ratio be.
Elucidate how many hrs do you expect the assembly of the 100th unit to take. Is the contract‘s assumption about the average labour hrs per unit valid or should the price be revised.
Compute raw material price also usage (quantity) variance also direct labour quantity variance for Milton Industries' key product. Illustrate what is maximum number of application per hour which can be handled by present configuration of process.
Illustrate what changes in work situation account for increase in productivity and decrease in controlled rejects.
Explain how many technicians should you keep on stand to have the lowest average cost per day. Try the values 2, 3, 4 and 5, each with a sample size of 1,000.
Larry's boat shop wants to monitor number of blemishes in paint of each boat. Construct a c-chart to determine if their paint process is in control using subsequent data.
Explain how long would you expect it to take to get a cup of coffee. Illustrate what is the probability that 3 or more people are in the cafeteria.
Sales (X, in millions of dollars) are related to Profits (Y, in hundreds of thousands of dollars) by regression equation Y = 8.21 + 0.76 X. Illustrate what is your forecast of profit for a store with sales of $40 million and $50 million.
Illustrate what recommendations can you offer Dick Enrico to improve his chances of staying successful for the rest of his career.
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