Would you say that systems that have higher

Assignment Help Operation Management
Reference no: EM13914373

Determine the utilization and the efficiency for each of these situations:
a. A loan processing operation that processes an average of 7 loans per day. The operation has a design capacity of 10 loans per day and an effective capacity of 8 loans per day.
b. A furnace repair team that services an average of four furnaces a day if the design capacity is six furnaces a day and the effective capacity is five furnaces a day.
c. Would you say that systems that have higher efficiency ratios than other systems will always have higher utilization ratios than those other systems? Explain.

Reference no: EM13914373

Questions Cloud

What price must pens be sold to obtain a monthly profit : Find the break even quantity if pens sell for $ 1 each. At what price must pens be sold to obtain a monthly profit of $ 15,000, assuming that estimated demand materializes?
At what volume of output would the two alternatives : At what volume of output would the two alternatives yield the same profit? If expected annual demand is 12,000 units, which alternative would yield the higher profit?
What volume per month is required in order to break even : What volume per month is required in order to break even? What profit would be realized on a monthly volume of 61,000 units? 87,000 units?
What design capacity would be needed to achieve : In a job shop, effective capacity is only 50 percent of design capacity, and actual output is 80 percent of effective output. What design capacity would be needed to achieve an actual output of eight jobs per week?
Would you say that systems that have higher : Would you say that systems that have higher efficiency ratios than other systems will always have higher utilization ratios than those other systems? Explain.
What can be done to achieve still higher : Any increase in efficiency also increases utilization. Although the upper limit on efficiency is 100%, what can be done to achieve still higher levels of utilization?
Identify four potential unethical actions or inactions : Identify four potential unethical actions or inactions related to capacity planning, and the ethical principle each violates.
Which of the following factors would you recommend : Which of the following factors would you recommend that the manager investigate: quality problems, absenteeism, or scheduling and balancing? Explain your reasoning.
What are the major trade-offs in capacity planning : What are the major trade-offs in capacity planning? Who needs to be involved in capacity planning? In what ways does technology have an impact on capacity planning?

Reviews

Write a Review

Operation Management Questions & Answers

  Airlines lose thousands of checked bags every day

Airlines lose thousands of checked bags every day, and America South Airlines is no exception to the industry rule. Over the past 6 weeks, the number of bags "misplaced" on America South flights has been 18, 10, 4, 6, 12, and 10

  Customer on video conference

A female customer on a video conference says the following: “I’m calling about this purse that I bought at your outlet store. I really liked it but I noticed that there was a stain on the bottom. It’s not on your website, but I was even looking at au..

  Determine the size and timing of planned-order releases

Determine the size and timing of planned-order releases necessary to meet delivery requirements using Lot-forLot ordering policy.

  Who will eventually pay for those costs

And if the suppliers incur high holding costs, who will eventually pay for those costs? Dell? Or its suppliers? Or ultimately the customer? If you were Dell, discuss how you would ensure that the holding costs are actually reduced, not just transf..

  Distinct market segments within specific industry

Identify and describe three or more distinct market segments within a specific industry, such as aerospace or automobile manufacturing. Identify and describe a potential ethical dilemma that a marketer might face when segmenting. How might this conce..

  Describe the strategic importance of layout decisions

Describe the strategic importance of layout decisions How important as these decisions in terms of a company's long-term profitability goals? What are some examples?

  List three significant items that belong in a project

list three important items that belong within a project management plan and the importance of breaking the project into

  What are the ethical issues in the case

What are the ethical issues in this case. Describe. Analyze the ethical issues by applying several course concepts and theories

  Describe the company''s supply chain

Identify a process internal to the company that you wish to analyze. Describe the process internal to the company that you wish to analyze.

  Which of the given is factor underpinning the flow shops

which of the following is factor underpinning the flow shops advantage over the job shop? a. ease of changeover to

  The Variable cost of a burger meal

The Variable cost of a burger meal is 50 cents; the revenue of a burger meal is $2.00. Your fixed costs are $200,000 a year. You also need to give 5% of your annual revenues to the franchisor annually for national advertising. You need to make 12% an..

  Calculation of the total cost

ABC corporation found that its total indirect costs is $10 million per year.ABC employs 100 direct labor who work 40 hours per week over a 50 working weeks per year.

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