What are some of the positive impact of aggregate planning in operation management?
Q: A food manufacturer wants to locate a warehouse to serve its major The customers, annual volume, and…
A: Center of gravity method is a model which considering the annual volume and the coordinate values…
Q: The economic order quantity (EOQ) model is a classical model used for controlling inventory and…
A: The non-linear programming model helps decision-makers to make optimal decisions. Here, the decision…
Q: determine the safety inventory of the Mashburn Rail option if the Onion Shack purchases 240,000 bags…
A: Annual demand = 240000 Number of days in a year = 365 Daily demand = 240000/365 = 657.5342 Total…
Q: d. What is the probability that when you arrive there will be three or more vehicles ahead of you?…
A: Given data: Arrival rate (λ) = 10 / hr Service rate (μ) = 12/ hr
Q: Chiltern Farms “[T]he beautiful valley of Vyeboom nestled between the majestic Franschhoek Mountains…
A: Supply Chain Management relates to the distribution network that is laid out to move or dispatch…
Q: A manufacturer’s annual demand is 6000 units. The current units per order is $100. The setup cost is…
A: Economic order quantity is the optimal quantity of products or goods that company purchase, store…
Q: Imagine that you are entering a fast-food restaurant. Your choices are either to eat inside or order…
A: Fast food restaurant is a part of the service industry where services are delivered up to customers'…
Q: The Primo Insurance Company is introducing two new product lines: special risk insurance and…
A: Objective Functions and Constraints: Based on the given details, the objective…
Q: How many units should you hold in finished-goods in a Replenishment Pull System if the daily demand…
A: Container required = Total requirement during lead time / Units per container Total requirement…
Q: Scenario # 2: Compensation and Benefits Administration You just finished analysing information for…
A: Compensation and benefits can be a reason for dissatisfaction or satisfaction. It is an important…
Q: q10- What is the best description of Granger-causality? Select one: a. the ability of lags of…
A: Ans) Granger Casuality means usefulness of one variable to predict or forecast another variable. It…
Q: Max Z = 6X1 + 18X2+20X3 Sub to X1 + X2 +X3 = 60 10X1 +15X2 +20X3 = 900 2X1 + 3X2 +3X3≤100…
A: Linear programming is a mathematical technique that is also used in operations management…
Q: In your own words, describe cost of quality (COQ) and why an organization should be managing Cost Of…
A: A company's success relies on quality control just because it maintains that only high-quality…
Q: I What is the bullwhip effect and how does it relate to lack of coordination in the supply chain?
A: The bullwhip effect occurs in distribution channels when supply chain inefficiencies are caused by…
Q: The table below shows the sales figures for a brand of shoe over the last 12 months. Months January…
A: Formulae used: 1. Simple Moving Average = (A1 + A2 + …… + An)n 2. Weightage Moving Average = (A1×W1…
Q: terested in arriving at a forecast of rentals so that she can order the correct quantities of…
A: Ans) Formula:
Q: 9. You are given some additional time for Engine time that will increase the demand constraint from…
A: LPP is formulated as below. Let, The number of EZ-Rider produced is x1 The number of Lady-Sport…
Q: Why is a Sales forecast and Sales Budget so important to the Supply Chain process?
A: Forecasting is a technique used to predict future outcomes on the basis of past data. In businesses…
Q: nd leaves Roger in the photocopy room while the photocopier cools down. While waiting, Roger flips…
A: Personal information files need to be kept safe and guarded against theft, loss, misuse, and…
Q: 5- A sourcing strategy for procuring leverage items would be to? a-use reverse auctions.…
A: Note: - Since we can answer only one question, we will answer question 5 here. If an answer is…
Q: RaceOne Motors is a car components components manufacturer. It can produce at a rate of 300 per day,…
A: Given data: Annual Demand = 12,500 Working days = 250 / year. The firm can produce at a rate (p) =…
Q: Letz Products has two decisions to make, with the second decision dependent on the outcome of the…
A: Expected payoff at chance node = Probability 1 X Expected payoff event 1 + Probability 2 X Expected…
Q: How does consistency in Supply Chain performance affect a company and its customers? a. A…
A: The following are some strategic supply chain decision examples: Partner choice: To select the…
Q: Exponential Smoothing when α= .6 and the forecast for March is 350.
A: Exponential smoothing is one of the methods of forecasting. It is used in case of time-series demand…
Q: What is the average number of errors per order? Do not round intermediate calculations. Round your…
A: c-bar = Average number of errors per order = Total Errors/Total Samples =…
Q: able 5.1: The demand forecast developed for the year ended 31 December 2022. Month Production days…
A: Daily demand = Monthly demand / Number of days in a month Daily demand (level strategy) = Sum…
Q: If facilities have lower fixed costs a. a few high-capacity facilities are preferred because this…
A: If facilities have lower fixed costs a. a few high-capacity facilities are preferred because this…
Q: A company produces drinks in liters (33.8 oz.) and single serving (16.9 oz.) containers that utilize…
A: Here, I would formulate the LP, The decision variables are stated below, The number of litre…
Q: A plastic parts supplier produces two types of plastic parts used for electronics. Type 1 requires…
A: Assume, Total number of units, of type-1 = X (Quantity) Total number of units, of type-2 = Y…
Q: Part (a) Find the new TC- Part (c) Determine the next improved plan. To Valley (1) FROM Madison…
A: The transportation model is used to calculate the minimum cost of the route by selecting different…
Q: M. P. VanOyen Manufacturing has gone out on bid for a regulator component. Expected demand is 675…
A: Ans) EOQ = Sqrt (2*D*S/H) D = Annual Demand = 675*12 = 8100 S = $ 45 H = $ 5
Q: Scenario 14.1 — Vidalia Onions When Vidalia onions are ready, the entire 13 county (plus parts of…
A: Given data: Price per unit = 100$ per bag The safety inventory requires is = 30% of lead time…
Q: Explain the concept of user centered design. How is it different from participatory design concept?
A: User-centered design (UCD) is a collection of processes that emphasis on putting users at the center…
Q: If the part fails and a spare is not available, it will take The cost for idle equipment is $500 per…
A: The optimal order quantity is the number of units a company needs to order to get the best possible…
Q: Based on the percentages of dollar volume, item number 1289 should be classified as Item number 2349…
A: Production is the process in which inputs are combined to have the required output. It includes a…
Q: Allocating too much capacity to a location results in a. poor utilization, b. high utilization, c.…
A: The capacity allocation consideration decides how best to utilize resources that help to fulfill…
Q: You have been tasked with the development of an aggregate plan for the year ended 31 December 2022.…
A: Ans) Daily Demand = Demand Forecast / Production Days Formula:
Q: What kind of information is stored in the various fields of a process control block?
A: The process control block is a data structure that stores information about the process being…
Q: 4. A production manager at any is monitoring the quality of the company's production process. There…
A: Given data:
Q: Provide strategies the manufacturers can use to counteract conflict in supply chain management.
A: Culture, technology, worldwide operations, cost-cutting initiatives, change management, lack of…
Q: Mr. John produces a special type of shoes on an assembly line. The process involves eight different…
A:
Q: Janson's Department Store in Stark, Ohio, maintains a successful catalog sales department in which…
A:
Q: Create a time series plot. b) Develop a six period moving average. What is the forecast for month…
A: NOTE: We are allowed to do the first three sub-parts only. Forecasting demand is an essential task…
Q: Why is it so difficult to expand a service company across borders to another country? What are the…
A: There are various methods companies can take to expanding their business internationally, and each…
Q: what is the cause and effect diagram and discuss its benefits and application in the project…
A: A cause-effect is a graphic tool used to graphically depict potential explanations for a particular…
Q: The forecast error in a given time period is obtained by subtracting the actual value of the…
A: Forecasting shows the procedure of taking more instructed projections by utilizing recorded info as…
Q: Find an example from the internet of the application of lean thinking to a service operation.…
A: "Since you have asked multiple questions, we will be answering the first question for you. If you…
Q: a) The EOQ for the workbooks is 444 (round your response to the nearest whole number). b) What are…
A: The best order amount of raw materials for a corporate organization to reduce holding costs, order…
Q: s the expected completion time of the project? ected completion time is days. (Enter your response…
A: A network diagram related to the project shows the sequence of the task that is performed to…
Q: Pam’s demand for hats is normally distributed with mean 500 and standard deviation 100. She sells…
A: Optimal order quantity is a term used in the business world to describe the number of units that…
Step by step
Solved in 2 steps
- How does aggregate planning contribute to overall cost reduction and efficiency improvement?#3 - At Freeze Inc. the manufacturing of each air conditioning has a variable cost of $400 per unit and it takes place in a facility that has a monthly fixed cost of $200,000. a. If Freeze Inc. sells each unit at $1,200 how many units do they need to sell every month to break-even? b. What is the monthly revenue at the break-even point? с. What is the monthly variable cost at the break-even point? d. What is the total operating cost at the break-even point? e. If Freeze Inc. sells 1,000 units at $1,000 each on a given month, calculate the profit. acerSub = mangement What are the potential risks and challenges associated with long-term planning, and how can managers mitigate those risks while maintaining a focus on future sustainability and growth?