Production line with three single-machine stations in series

Assignment Help Operation Management
Reference no: EM131475446

Consider a production line with three single-machine stations in series. Each has processing times with mean two hours and standard deviation of two hours.

a) Suppose we run this line as a push system and release jobs into it at a rate of 0.40 per hour with arrival variability given by Ca = 1. What is the average WIP in the line?

b) Compute the throughput of this line if it is run as a CONWIP line with a WIP level equal to your answer in (a). Is the throughput higher or lower than 0.4? Explain this result.

c) Suppose the marginal profit is $100 per piece and the cost of WIP is $0.5 per piece per hour. Find the profits for the above push and pull systems.

Reference no: EM131475446

Questions Cloud

Hospital operations management as transformation process : Take a given hospital in Ethiopia and define hospital operations management as a transformation process.
Broom produce the mop with the new or current equipment : Mop and Broom Manufacturing has decided to produce a new type of mop. Should Mop and Broom produce the mop with the new or current equipment?
Determining the quality of data used in risk analysis : What role does the project manager have in determining the quality of data used in risk analysis?
Identify the over riding management methodology : Identify the over riding management methodology used with the various work groups in the organization.
Production line with three single-machine stations in series : Consider a production line with three single-machine stations in series. Find the profits for the above push and pull systems.
Hot chocolates does it need to sell in order to break even : how many hot chocolates does it need to sell in order to break even?
What should be the price of the spa services : Harrison Hotels is considering adding a spa to its current facility in order to improve its list of amenities. What should be the price of the spa services?
Confidence interval for the population proportion : Determine a 90 percent confidence interval for the population proportion.
You think an organization should be centralized : think an organization should be centralized or decentralized in its operations especially when it comes to making transfer pricing decisions.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

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.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd