MGT 455

MGT 455 WEEK 7 QUIZ 11.6 Arrow Distributing Corp. (see Table 11.9) likes to track inventory by using weeks of supply as well as by inventory turnover. a) What is its weeks of supply? b) What percent of Arrow�s assets are committed to inventory? c) What is Arrow�s inventory turnover? d) Is Arrow�s supply chain performance, as measured by these inventory metrics, better than that of Baker in Problem 11.5?

3 Other / Other allied-american-university / MGT 455 04 Sep 2015

MGT 455 WEEK 5 QUIZ 7.5 Borges Machine Shop, Inc., has a 1-year contract for the production of 200,000 gear housings for a new off-road vehicle. Owner Luis Borges hopes the contract will be extended and the volume increased next year. Borges has developed costs for three alternatives. They are general-purpose equipment (GPE), flexible manufacturing system (FMS), and expensive, but efficient, dedicated machine (DM). The cost data follo

3 Other / Other allied-american-university / MGT 455 04 Sep 2015

MGT 455 WEEK 8 QUIZ B.7 The Attaran Corporation manufactures two electrical products: portable air conditioners and portable heaters. The assembly process for each is similar in that both require a certain amount of wiring and drilling. Each air conditioner takes 3 hours of wiring and 2 hours of drilling. Each heater must go through 2 hours of wiring and 1 hour of drilling. During the next production period, 240 hours of wiring time are a

3 Other / Other allied-american-university / MGT 455 04 Sep 2015

MGT 455 WEEK 9 QUIZ B.5 Solve the following linear programming problem graphically: Maximize profit = 4X + 6Y Subject to: X + 2Y< 8 5X + 4Y< 20 X,Y> 0

3 Other / Other allied-american-university / MGT 455 04 Sep 2015

MGT 455 WEEK 8 QUIZ B.1 Solve the following LP problem graphically: Minimize cost = 24x + 15y Subject to: 7x + 11y > 77, 16x + 4y > 80, x, y, > 0

3 Other / Other allied-american-university / MGT 455 03 Sep 2015

MGT 455 WEEK 7 QUIZ 11.5 Baker Mfg. Inc. (see Table 11.9) wishes to compare its inventory turnover to those of industry leaders, who have turnover of about 13 times per year and 8% of their assets invested in inventory. a) What is Baker�s inventory turnover? b) What is Baker�s percent of assets committed to inventory? c) How does Baker�s performance compare to the industry leaders? TABLE 11.9 For Problems 11.5 and 11.6

3 Other / Other allied-american-university / MGT 455 03 Sep 2015

MGT 455 WEEK 8 QUESTION D 9 Neve Commercial Bank is the only bank in the town of York, Pennsylvania. On a typical Friday, an average of 10 customers per hour arrive at the bank to transact business. There is currently one teller at the bank, and the average time required to transact business is 4 minutes. It is assumed that service times may be described by the exponential distribution. If a single teller is used, find: a) The average ti

3 Other / Other allied-american-university / MGT 455 31 Aug 2015

MGT 455 WEEK 8 QUESTION D 1 Customers arrive at Rich Dunn�s Styling Shop at a rate of 3 per hour, distributed in a Poisson fashion. Rich can perform haircuts at a rate of 5 per hour, distributed exponentially. a) Find the average number of customers waiting for haircuts. b) Find the average number of customers in the shop. c) Find the average time a customer waits until it is his or her turn. d) Find the average time a customer sp

3 Other / Other allied-american-university / MGT 455 31 Aug 2015

MGT 455 WEEK 7 QUESTION 14 5 Using the information in Problem 14.3, construct a net material requirements plan using the following on-hand inventory The demand for subassembly S is 100 units in week 7. Each unit of S requires 1 unit of T and 2 units of U. Each unit of T requires 1 unit of V, 2 units of W, and 1 unit of X. Finally, each unit of U requires 2 units of Y and 3 units of Z. One firm manufactures all items. It takes 2 weeks to make S

3 Other / Other allied-american-university / MGT 455 31 Aug 2015

MGT 455 WEEK 7 QUESTION 14 4 14.4 Using the information in Problem 14.3, construct a gross material requirements plan. The demand for subassembly S is 100 units in week 7. Each unit of S requires 1 unit of T and 2 units of U. Each unit of T requires 1 unit of V, 2 units of W, and 1 unit of X. Finally, each unit of U requires 2 units of Y and 3 units of Z. One firm manufactures all items. It takes 2 weeks to make S, 1 week to make T, 2 weeks t

3 Other / Other allied-american-university / MGT 455 31 Aug 2015