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Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of 300 per day, and it uses these subcomponets at a rate of 12,500 per year(of 250 working days). Holding costs are $2 per item per year, and ordering costs are $30 per order. a)What is the economic production quantity? b)How many production runs per year will be made? c) What will be the maximum inventory level? d) What percentage of time will the facility be producing components? e) what is the annual cost per year, including cost of the lights?
Solve the following linear program using the decomposition principle: minimize z = ?2x1 ? 5x2 subject to x1 + 2x2 = 13.5 x1 + 3x2 = 18.0 x1 ? 9 x2 ? 5 x1, x2 ? 0.
Which of subsequent production plans is better: Plan A-chase demand by hiring also firing; or Plan B-make at a constant rate of 1200 also obtain remainder from overtime.
What suggestions could you make that would help the cohesiveness in the decision-making process between middle management and top management? Explain your reasoning.
What is meant by the term criterion as it is used in personnel selection? Give some examples of criteria used jobs with which you are familiar.
Does your company collect any quality-related data? How is the data collected and analyzed? If no quality data is being collected, can you make a recommendation on what type of data is important to collect and how it may help your organization in ..
The Good Chocolate Company makes a variety of chocolate candies, including a 12-ounce chocolate bar (340 grams). The output of the machine that fills the bar molds is approximately normal with a mean of 340 grams and a standard deviation of 1.5 grams..
Alfonzo's Pizzeria purchased its building 8 years ago at a cost of $76,000. The building is currently valued at $212,000. Alfonzo's has other fixed assets that cost $58,000 and are currently valued at $69,000.
Discuss the differences of the two approaches. Finally, discuss the conditions or contexts of when it would be appropriate to use each approach.
Under what conditions are customer-centric structures appropriate and what challenges does this type of organization structure face and why?
Compare and contrast the Haiti SM discussion with the "Saving Lives with Social Media" case. Create a table that compares and contrasts elements from each.
Frederica's Fine Frozen Foods has a small manufacturing plant outside of Baltimore. In this facility, they make frozen cheese pizzas for distribution to regional grocery stores.
Illustrate what is the theoretical number of workstations. Suppose that Demand rose from 750 to 1,000 units per day. Illustrate what would you do? Show any amount or calculations.
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