Reference no: EM131256055
McBurger, Inc., wants to redesign its kitchens to improve productivity and quality. Three designs, called designs K1, K2, and K3, are under consideration. No matter which design is used, daily production of sandwiches at a typical McBurger restaurant is for 500 sandwiches.
A sandwich costs $1.30 to produce. Non-defective sandwiches sell, on the average, for $2.50 per sandwich. Defective sandwiches cannot be sold and are scrapped. The goal is to choose a design that maximizes the expected profit at a typical restaurant over a 300-day period.
Designs K1, K2, and K3 cost $100,000, $130,000, and $180,000, respectively. Under design K1, there is a .80 chance that 90 out of each 100 sandwiches are non-defective and a .20 chance that 70 out of each 100 sandwiches are non-defective. Under design K2, there is a .85 chance that 90 out of each 100 sandwiches are non-defective and a .15 chance that 75 out of each 100 sandwiches are non-defective.
Under design K3, there is a .90 chance that 95 out of each 100 sandwiches are non-defective and a .10 chance that 80 out of each 100 sandwiches are non-defective. What is the expected profit level of the design that achieves the maximum expected 300-day profit level?
|
Prepare the modified decision tree
: Prepare the modified decision tree. What are the payoffs, and which branch has the greatest EMV? - identify the issues likely to confront the operations manager and his or her possible actions.
|
|
Is the sdlc involved with reducing threats
: Employee awareness is necessary for success. Why? Describe and explain the key elements of recovering from lost assets What are Internet connected systems? Describe five examples and Two jobs in IT Security that will grow quickly this year.
|
|
Limits of paralegal confidentiality
: Mr. Plentibux is concerned about what they can make Jack say and wants to know what the limits of paralegal confidentiality are in New Jersey.
|
|
Explain key management concepts and principles
: Write a leadership model paper in which you explain and apply the key management concepts and principles which have been discussed during the course. You should place yourself in the position of President/CEO, Vice President or a business owner in..
|
|
What is the expected profit level of the design
: McBurger, Inc., wants to redesign its kitchens to improve productivity and quality. - What is the expected profit level of the design that achieves the maximum expected 300-day profit level?
|
|
What do you do for a cold or for a headache
: How do you feel about the nature of your culture's healthcare overall? Consider the theoretical approaches to understanding health. Which of these theoretical approaches do you think your responses would fall under?
|
|
Identify tangible parts of product and its service component
: What is De Mar's product? Identify the tangible parts of this product and its service components. - How should other areas of De Mar (marketing, finance, personnel) support its product strategy?
|
|
Steps taken to reduce or eliminate vibrations in machining
: What are the parameters that have the greatest influence in determining the ideal surface roughness Ri in a turning operation?
|
|
Explain the main points of the videos
: Identify two-three online videos or movies representative of this culture. These could be examples of cultural expressions such as a Bollywood movie from India or Anime videos from Japan.
|