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Quasar Enterprise use overtime, inventory, and subcontracting to absorb fluctuations in demand, An annual production plan is devised and updated quarterly. Expected demand over the next four quarters is 600, 800, 1600 and 1900 units, respectively. The capacity for regular production is 1000 units per quarter with an overtime capacity of 100 units per quarter. Subcontracting is limited to 500 units a quarter. Regular production costs $20 per unit, overtime $25 per unit, and subcontracting $30 per unit. Inventory holding costs are assessed at $3 per unit per period. There is no beginning inventory. Design a production plan that will satisfy demand at minimum costs. What is the minimum cost?
In your answer, please derive and show the minimizing equation/objective function as well as the demand and supply constraints. Then use Excel and the solver add-in to build and solve the problem.
Of the five key product features, which are most highly valued by leisure passengers? By business passengers? Why does each passenger segment value product features differently?
In your responses, compare practices at your organization with the practices described by other students. Identify the best practices from other organizations that you would most like to implement in your own.
After completing the reading assignments use the case study to analyze the specific role of Chipotle Mexican Grill’s executive leadership in supporting successful strategic outcomes.
Under what environmental conditions are price wars most likely to occur in the industry? What are the implications of price wars for a company?
With vast experience at venues such as the American Airlines Arena (in Miami), the Kentucky Derby, and Super Bowls, Prepare a bill of material explosion and total cost for the 216 portions of Cheeto Crusted Mac & Cheese
Explain the relationship between training program design and capabilities. Identify the steps you would take to design a training to address high priority capabilities in your selected organization.
Smith make a contract to sell automatic rifles to a foreign country. Because the sale of such weapons to that country was illegal under an act of Congress, the U.S. government prosecuted Smith for making the contract. He raised the defense that becau..
Analyze the six images of managing change presented in your text. Identify the key elements each of the six images proposes for change management. Discuss why these traits are significant to managing change successfully.
Determine the number of grape and the number of apple pies that will maximize revenues if the couple working together can make an apple pie in six minutes and a grape pie in three minutes. They plan to work no more than 60 hours.
XYZ Company uses a kanban system in its factory. Demand for a component is 1000 units per day, and lead time to manufacture the component is 330 minutes. The factory operates 8 hours per day. The company uses a safety factor (or safety stock) equal t..
Perform a search either on YouTube or Ted Talks specific to, “Just In Time” production or, “Lean” production of your choice.
Write a creative introduction for each of the following speech topics using the strategy specified in parentheses. Something unusual or extraordinary that you have done (personal story) Practicing safe sex (humor) Extramarital affairs and cheating (s..
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