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Up, up, and away is a producer of kites and wind socks. Relevant data on a bottleneck operation in the shop for the upcoming fiscal year are given in the following table: Item Kites Wind socks Demand forecast 30,000 units/year 12,000 units/year Lot size 20 units 70 units Standard processing time 0.3 hrs/unit 1.0 hr/unit Standard setup time 3.0 hrs/lot 4.0 hrs/lot The shop works 2 shifts per day, 8 hours per shift, 200 days per year. Currently, the company operates four machines, and desires a 25 percent capacity cushion. How many machines should be purchased to meet the upcoming year's demand without resorting to any short-term capacity solution?
What are the assumptions of Economic Order Quantity? Assumptions of Economic Order Quantity (EOQ): a. The stage of customer demand is identified b. The stage of customer
For the linear program Max 3A + 2B s.t. A + B ? 4 3A + 4B ? 24 A ? 2 A - B ? 0 A, B ? 0 a. Write the problem in standard form. b. Solve the problem. c. What are the values of the s
Select an everyday product (personal fitness training, CDs, dog food, cell phones, shoes for example). Show how different versions of your product are aimed toward different market
Water Wheelies manufactures high-pressure sprinkler heads. These are produced periodically at a rate of 20,000 per month. Demand is steady at 15,000 per month. Each production run
Do you believe a compensation plan based 100% on commission would ever be justified? Give an example for either option.
Quesrion: Oceania Hospitals has recorded demand for heart transplant surgery over the past few years. The data is given in the following table: a) You have been hired
Watch this Video "Blue jean waste". Describe your reaction to this video and how you would respond if you were a leader of one of the corporations involved. In your journal entry
Explain important traits are required for a coach of a cricket team. The three important traits needed for a coach of a cricket team are:- (i) Decisiveness - The coach is c
1. In Everson v. Michigan Department of Corrections, the defendant claimed that hiring only female Corrections and Residential Housing Unit Officers was justified as a BFOQ. The co
At what point does acceptable exaggeration become lying about a product or a service?
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