Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Use matrix approach to implement and solve this problem in Excel and turn in the file. You don’t need to turn in the LP model or the column-row approach solution (i.e. you will get no points for them). However, you can do that to make sure if your matrix approach solution is consistent. Hint: total cost = production cost + transportation cost. Problem: Drvol Die and Tool needs to order quantities of part XY76 which they need for machining purposes. They have two different suppliers they utilize to order the parts. Drvol Die and Tool has two plants that need XY76 for the next production period – the Omaha plant needs 850 units and the Lincoln plant 1100 units. Assume demand for these parts must be exactly met. Supplier Alpha can supply up to 1500 units for 5.5 cents each. Supplier Beta can supply up to 1300 units for 4.7 cents each. There are no quantity discounts. To maintain strong relationships with both suppliers, at least 50% of the maximum of XY76 available from each supplier must be used/ordered. To ensure that there are no quality issues, each supplier must provide at least 30% of the individual plant’s need for XY76. Finally, there is a little cost difference in getting the XY76 from the suppliers to the two Plants. Based on past data, assess a cost of 1.1 cents/unit for parts going from Supplier Alpha to Omaha, 1.6 cents/unit from Supplier Alpha to Lincoln, 1.3 cents/unit for parts going from Supplier Beta to Omaha, and 1 cent/unit from Supplier Beta to Lincoln. Find the least cost way for Drvol Die and Tool to procure part XY76. Hint: You can simplify the ratio requirements by utilizing the information that part demand must be met exactly.
Describe the three basic strategies small companies can choose from: cost-leadership, differentiation, and focus. Explain the conditions under which each works, its benefits, and its pitfalls.
Is the "heavyweight" project teams an approach that you would recommend to Lilly for commercialization of the Evista product
One of the most important factors determining whether organizations and their members will be high performance is the presence of trust between leaders and followers.
What is the difference between observational and questionnaire data?
Demand for carpet washers at a Publix store in Gainesville is shown in the following: Demand (units/day) (0, 1, 2, 3, 4, 5) and Probability (0.25, 0.15, 0.20, 0.25, 0.10, 0.05) respectively. Assuming that Publix’s stocking decision is optimal, what i..
How can information technology support a company's business processes and decision making and give it a competitive advantage? What are some of the toughest management challenges in developing IT solutions to solve business problems and meet new busi..
Richard Purvis started the Jordan Shoe Company in Boulder Colorado. The company is known for its great specialty tennis shoes at moderate prices. The company designs and creates fun shoes for young children, mostly girls. Catering to the age group of..
How are operating efficiencies realized in order fulfillment activities of Amazon.com? Will costs continue to fall, given that their warehouses are currently operating at less than 50% of capacity? (Note: This measure is expected to change over time,..
Discuss how time costs affect health care demand, and speculate on this and possible other reasons for the lower observed per capita demand for health care in the western US?
You are using a technique that examines the possible outcomes if a particular situation occurs. What is this technique called?
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
Approximately, how many employees are assaulted on the job each year in the United States?
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd