User Account

All Pages

Operations manager at macon controls believes

Assignment Help Supply Chain Management
Reference no: EM13889752

1.Referring to problem 4, the operations manager at Macon Controls believes that pessimistic demand has a probability of 20 percent; expected demand has a probability of 50 percent and optimistic demand has a probability of 30 percent. Currently, new machines must be purchased at a cost of $500,000 a piece, the price charged for each control unit is $110, and the variable cost of production is $50 per unit. 

a. Draw a decision tree for this problem.
b. How many machines should the company purchase, and what is the expected payoff?

Reference no: EM13889752

Questions Cloud

How is the structure serving the audience''s needs : How is the structure serving the audience's needs and the writer's purpose?
Write the pro or con section - whichever section : 1. Select one (1) of the approved topics from the www.procon.org Website and state your position on the issue. 2. From the Procon.org Website, identify three (3) premises (reasons) listed under either the Pro or Con section - whichever section oppose..
Calculate how many british pounds london based firm will pay : Calculate how many British pounds a London based firm will receive or pay for its following four foreign currency transactions: (i) The firm receives dividend amounting to Euro 1,20,000 from its French Associate Company.
Ethical systems and cultural practices : 1. What are the differences in ethical systems and cultural practices within global organizations? What are some strategies that a global organization employs to accommodate the differences?
Operations manager at macon controls believes : Currently, new machines must be purchased at a cost of $500,000 a piece, the price charged for each control unit is $110, and the variable cost of production is $50 per unit.
The tuskegee study and the willowbrook study : Both the Tuskegee study and the Willowbrook study produced research data that was beneficial to advancing medical science. Is the use of the data from these and other such experiments ethically defensible? Why or Why Not? In composing your response, ..
Possible combinations of problems and technique : Discuss connections, similarities, shared issues, discrepancies, possible combinations of problems and techniques from the three papers, etc - What- ever you consider relevant, but with reasons and referring to the papers if necessary.
What factors influence voting behavior : Discuss the tactics employed by interest group in pursuit of their goals? (What the interest group are, and how its different from political party, what their goals , list the tactics ... etc) and What factors influence voting behavior? (Why voting..
What are the privacy vulnerabilities : Submit a written response to these questions. Relate the topics to your own experiences. Use outside references if necessary. You response should be 500-700 words, using APA style formatting. 1.What are the current HIPAA requirements? What are the pr..

Reviews

Write a Review

Supply Chain Management Questions & Answers

  How to submit homework how to submit homework how to submit

how to submit homework how to submit homework how to submit homework how to submit homework how to submit homework how

  What is your thought on position

Post Tender Negotiation sometimes gets to bid-shopping, which is applied at this point to indicate client attempts to reduce the supplier's final price.

  What is the relationship if any between these trends

Mass customisation and rapid product development were identified as current trends in modern manufacturing operations. What is the relationship, if any, between these trends? Can you cite any examples?

  Minimizes the total supply chain costs

What quantity discount price results in the retailer ordering the quantity that minimizes the total supply chain costs?

  Supply chain network design for cwc

This assignment explain the supply chain management process of cwc. What is the current annual supply chain cost?

  Determine the key components of supply chain management

Determine the key components of supply chain management for the company you have selected. Determine three (3) major issues that could affect the structuring, sourcing, purchasing, and the supply chain of your organization. Provide a solution to ..

  What was learned in mass merchandising industry

Describe how what was learned in mass merchandising industry could be applied to the logistics challenges in some other industry - would the logistics criteria for decision making be the same as for mass merchandising? Why or why not?

  Explain role of business intelligence in an organization

Describe the role of Business Intelligence in an organization and understand the data mining process and its related issues.

  Queueing system associated with the operation

Identify the queueing system associated with the operation and find the average total hourly cost of the queue operation - Find the Average Throughput of the current process and the average monthly profit

  Demand exceeds the capacity available for production

1.Cooper River Glass Works (CRGW) produces four different models of desk lamps as shown in Figure. The operations manager knows that total monthly demand exceeds the capacity available for production.

  Write a report detailing why you have chosen china

Write a report detailing why you have chosen this product and country as source of supply, and what documents, duty and other details would be required for importation.

  Discuss advantages and disadvantages of using pert cpm

Discuss the use of PERT/CPM techniques for managing projects. Describe what PERT/CPM does. Discuss advantages and disadvantages of using it. What other techniques might you choose to manage your project?

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