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Q. A part used to repair machines has a normally distributed monthly demand with a mean of 65.0 and a standard deviation of 5.2. If lead-time is so predictable that it can be considered a constant 0.25 month and service level is 90 per cent:
a. Illustrate what is order point?
Gabriela Manufacturing was able to find out a new supplier which would give the item for $1.80 per unit with an annual fixed cost of $200,000. Should Gabriela Manufacturing in source or outsource the item.
Arvin Meritor is so pleased with outcome from previous suggestions that consultants are invited back for more work. Explain how many kanban cards are needed.
Using that as a challenge, illustrate what can we as 'operations people' do to return jobs to the US, slow or even stop the outflow, make the US competitive again and sustain our organizations.
Graphically decide a daily production plan that minimizes the cost of meeting Leary Chemical's daily demands.
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.
Mathematical formulation of the model
Customers arrive at Paul Harrold's Styling Shop at a rate of 3 per hour, distributed in a Poisson fashion. Paul can perform haircuts at a rate of 5 per hour, distributed exp1ntially. Find out average number of customers waiting for haircuts.
Suppose which May's figure turns out to be 405. Append the table with error columns then, computes MAD for both Amit's also Barbara's method. (16.11 also 19.17) d) Based on these calculations which method seems more accurate.
Twelve samples, each containing 5 parts, were taken from a process that produces steel rods. The length of each rod in the samples was decided. Draw the charts and plot the values of the sample means and ranges.
If the work crew is increased to the point where they can complete 150 squares a day, describe how will this affect the average time until a job is completed.
Explain how can a leader recognize a regressive cycle and illustrate what should response be. illustrate what is level production rate with no ending inventory in month 4.
Consider the "Alternative Approach" to combating five consumer products (alcohol, tobacco, guns, motor vehicles, and junk food) and determine whether you agree or disagree with the approach suggested.
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