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41. (7 points) A distribution center in a supply chain has the following jobs waiting to be processed. All jobs (sets of products requiring repackaging) must first be sorted into groups at one workstation, then packaged at a second workstation. Job J1 J2 J3 J4 J5 Cleaning Time 9 4 5 3 8 Waxing Time 6 5 10 2 3 a. The distribution center would like to repackage the products for these five jobs in the shortest total time possible. What processing sequence will minimize the makespan for these jobs? b. What is the minimum makespan for this set of five jobs? 43. (7 points) From a process known to be in control, 5 samples of 7 units each were taken at random intervals and the units in the samples were weighed. The mean (Xbar) and range (R) for each of the six samples are given in the following table. Sample Mean Range 1 7.1 0.5 2 7.5 1.0 3 7.0 1.1 4 7.4 0.9 5 7.3 0.6 _ a. Calculate the 3? X-chart and R-chart control limits. b. Calculate the mean (X) and range (R) for the following sample, which was taken from the same process at a later time. Item number: 1 2 3 4 5 6 7 Weight: 7.6 7.9 8.1 7.6 7.5 7.7 8.0 44. (7 points) A company stocks a component that costs $6 per unit. Annual usage of this item is expected to be 3640 units. The firm is open for business 52 weeks per year, so weekly demand is 70 units per week, with a standard deviation of 10 units. The firm's cost accountants have estimated that it costs $80 every time an order is placed for more components, and that carrying the item in inventory costs about $15 per unit per year. Past experience with their supplier indicates that the time from ordering more items to receipt of the shipment of those items is 21 days (assume they are open 7 days per week). a. What quantity should be ordered each time? (Assume that the EOQ assumptions apply.) b. What is the minimum total annual cost (ordering + holding + purchase) for managing this inventory item? c. If the company decided that their JIT program required frequent small orders and deliveries (assume that this would mean ordering a quantity of 20 units every other day, instead of the EOQ quantity on a less frequent basis), and the costs remain the same as described above, how much higher would the total annual cost be for this item? d. If a 90% service level is required, what reorder point should be used? 45. The following table represents the set of activities required to complete a project, along with their time estimates for PERT calculations. a. Using the data, calculate the expected time and variance for each activity. Job Number Predecessor Job(s) a m b ET variance A --- 1 2 3 B A 4 5 6 C A 1 4 7 D B 1 3 5 E B, C 3 4 11 F D,E 2 4 6 b. Sketch the network diagram for the project. c. Indicate the critical path. (You can do this by inspecting the paths - you do not have to calculate ES, EF, LS, LF). What is the expected completion time for the project? d. What is the probability that the project will take more than 19 days to complete? 46. Of the topics that we covered in this course, which one or ones were the most interesting and/or useful to you? Why?
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 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..
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..
An analysis of the holding costs, including the appropriate annual holding cost rate.
Briefly explain Evolution and contributor of Operations management.
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 of DVD players. Determine the appropriate reorder point.
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.
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 showing the change of your unit from medical/surgical staffing to oncology staffing.
Ccompare the effectiveness of different leadership styles in different organizations
Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.
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