Question: (b) What Problems Are Evident? (c) What Does The DRP Plan Do That The Reorder Point System Did Non CASE 2: THE LINK Selbyco, A Manufacturer And Distributor Of Health Food Products, Links Its DRP System To Its MRP System In Order To Provide The Best Service To Its Nationwide Network Of Customers. Its Distribution Requirements End At The Master Produc …

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Get college assignment help at uniessay writers (b) What problems are evident? (c) What does the DRP plan do that the reorder point system did non CASE 2: THE LINK Selbyco, a manufacturer and distributor of health food products, links its DRP system to its MRP system in order to provide the best service to its nationwide network of customers. Its distribution requirements end at the master produc tion schedule (MPS). That is, the total distribution system demands are fed into the master production scheduling process. All of the supporting manufacturing schedules are based on the MPS. Assume the following table displays the MPS for 10-oz. bottles of Tonic X: MASTER PRODUCTION SCHEDULE 10 oz. Tonic X The 5 6 7 4 fr the PD 3 1 2 Master schedule receipts 1800 ed be 1800 Master schedule releases

Question: Retake Final Exam – Internet Explorer Https//moodle.ssu.edu/mod/quiz/attempt.php?attempt621338cmid-104027 Type Your Windows Password To Log On OK 28 Failed Ineins Since Wor Less Leals Question 16 What Is The Role Of A Board Of Directors During A Corporate Takeover? Not Vet Answered Select One: 4,00 Points Out A. The Board Of Directors Must Consider …

Retake Final Exam – Internet Explorer https//moodle.ssu.edu/mod/quiz/attempt.php?attempt621338cmid-104027 Type your Windows password to log on OK 28 failed Ineins since wor less leals Question 16 What is the role of a Board of Directors during a corporate takeover? Not vet answered Select one: 4,00 Points out a. The Board of Directors must consider only the interest of employees P Flag question b. The Board of Directors have a right to consider only their own best interest C The Board of Directors must consider only the interest of shareholders d. The Board of Directors have a right to consider the interest of shareholders and other corporate constituencies The legal concept of property can generally be defined as Ouestion 17 Not vet answered Select one: Points out of 4.00 , entitlement to wealth F Flag question . ownership of Ideas a bundle of rights possession of land or tangible objects essu.edu/mod/qua/attempt.php?attempt 621338cmid 104027 Type your Windows password to log on 28 failed logins Question 18 The Stakeholder Theory of corporate governance includes considering all of the following interests except: Not yet answered Points out of 4.00 Select one: Flag question O a. Description b. Instrumentally c. Normative d. Legal The Federal Sentencing Guidelines for Organizations aims to: Ouestion19 Not yet answered Select one Points out of 4.00 r the conduct of individual decision makers a. Hold organizations responsible F Flag question b. Prevent organizations from offering Golden Parachutes c Influence the conduct of all organizations d. Create incentives for organizations to prevent misconduct by its members and impose a just sentence on any convicted organization Type your Windows password to log on ifailed insa covicted organization Qestin 20 The absolutist position on morality claims that ethical standards are determined by Not yet answered Select one: Points out of 4,00 y lag question a, the most widespread beliets adopted by a cultural group b. an external objective standard ca popular vote d. the legal rules adopted by a UN reconized government Oesti 21 One of the potential unjust consequences of bribery is that: Not yet answered Select one: Points out of 4.00 age for the paid bribe the desired act in a the bribing official will fall to pertom lag question b a bribe cannot be dected fromUs.corporate takes c the official may ak for another bribe in the unie d other ndividuals or businesses may be treated unlaidy for failing to pay bribes

Question: Etake Tl Am Tenet Plorer O Atpe//oe Ss H/md/q/ Hattem D Type Your Windows Password To Log On Which Of The Following Is Likely To Be Part Of Implementing A Corporate Responsibility Plan? L Aned Select One E Out Of Ao0 Seeking Out Nw Supplies Of Taw Materials Fa Stion Selecting And Retaining Emuoyees With Necessary Skils And Abailts To Do Ther S Making …

etake Tl am tenet plorer O atpe//oe ss h/md/q/ hattem d Type your Windows password to log on Which of the following is likely to be part of implementing a corporate responsibility plan? l aned Select one e out of ao0 Seeking out nw supplies of taw materials Fa stion Selecting and retaining emuoyees with necessary skils and abailts to do ther s Making sure that all staketolders accopt the plan Creating or discivering technolopcal impovements hat ineae prodvity A feature of a company social responsibility policy as exercised towards a company’s employees may Oueslin indlude Not yet answere Points out of 4.00 Select one: Hag guestion 9ayment of he lepally required minimum wage and minmum healthcare henefts bcomplyng with OSHA safely requirements improvirig emplyee satisfaction with work by making work tasks more interesting L allowing employees to skip break times in order to leave work early edle.ssu.edu/mod/quiz/attempt.php?atternpt-621338cmids 104027 internet Explorer Type your Windows password to log on OK Abeer Alhourani 28 failed logins since your last legin Question 10 Milton Friedman argued that a concern over corporate social responsibility that goes beyond maximizing Not yet answered corporate profits: Points out of 4.00 Select one F Flag question a. Is harmful to the community b. is in the best interest of employees c, fails to serve the interests of company’s stockholders d. is acceptable if carried out by the government Question 11 This economist represents a point of view that embraces the basic tenants of free market capitalism, but advocates government involvement to improve social welfare Not yet answered Points out of 4.00 Select one PFlag question a. Karl Marx b. Milton Friedman c. Robert Lucas d. lohn Maynard Keynes C

Question: Retake Final Exam- Internet Explorer Https//moodlessu.edu/mod/quia/attempt.phpettempt-621338cmid: 104027 Type Your Windows Password To Log Ona Abeer Alhourani 28 Failed Logins Since Your Last Lon Question 5 Which Of The Following Nonrational Advertising Practices Describes The Concept That Advertising And The Yer Answered Ers To Obtain More Of The Goods …

Retake Final Exam- Internet Explorer https//moodlessu.edu/mod/quia/attempt.phpettempt-621338cmid: 104027 Type your Windows password to log ona Abeer Alhourani 28 failed logins since your last lon Question 5 Which of the following nonrational advertising practices describes the concept that advertising and the yer answered ers to obtain more of the goods or services with qut making the consumer better off because consumers Points out of 4.00 wants are artificially created? Flag question Select one: , Subliminal Communication , Product Placement Buzz marketing (Fear of missing out) Dependence Effect Which of the following activities related to consumer products may create ethical concerns? Cestn Not ver answered Select one Pints out of 4.00 a Sale of harmful products P Hag auestion s Sale of useless products c Sale of misrepnesented produts Options A B and C S SAMSUNG Retake Final Exam https//moadle.ssu.edu/mod/quiz/attempt.php?attermpt-621338cmid 104027 Internet Explorer Type your Windows password to log on Abeer Alhourani 28 failed logins since your lastt login Question 7 Based on the CSR continuum, a company that aims to maximize profits within the law while engaging in ethical business practices (e.g using fair-trade raw materials) would be considered to follow which CSR model and most likely be in which organizational sector? Not yet answered Points out of 4.00 For clarity, the organizational sectors are defined as follows: Flag question Private: The private sector organizations are driven by revenue and growth Public: Public sector organizations are important effective running of a country at a local, regional or national level Non-Profit: The main purpose of an NGO (non-governmental organization) is to help the public in some way Select one: a. Classical: Non-Profit Organization b. Stakeholder: Private Organization c. Neoclassical: Private Organization d. Stakeholder Public Organization e. Classical: Public Organ zation f. Neoclassical: Non-Profit Organization g. Neoclassical: Public Organization

Question: In The Following Two-machine System, Which Schedule Will Result In The Shortest Makespan? 4. Process Time At Machine II (hours) 7 Process Time At Machine I JOB (hours) 6 A 6 3 9 2 C 4 D 5 6 E A.B-A-C-E-D B. B-D-A-E-C CA-B-C-D-E C-B-A-E-D Exhibit 1 Suppose There Are Three Successive Operations For A Production Process. Each Operation Is Operated By A …

In the following two-machine system, which schedule will result in the shortest makespan? 4. Process Time at Machine II (hours) 7 Process Time at Machine I JOB (hours) 6 A 6 3 9 2 C 4 D 5 6 E A.B-A-C-E-D B. B-D-A-E-C CA-B-C-D-E C-B-A-E-D Exhibit 1 Suppose there are three successive operations for a production process. Each operation is operated by a unique work center. Each work center can only process one unit simultaneously. The run time per unit for each operation (in minutes) is: Operation 3 1 2 Time 10 12 8 7. Refer to Exhibit 1. What is the process capacity of the service process? A. 2.5 units/hour B. 4 units/hour C.5 units/hour D6 units/hour 8. Refer to Exhibit 1. If the manager wants to increase the process capacity through process improvement, which operation should be focused on at first? A. Operation 1 BOperation 2 C. Operation 3 D. All of the three operations equally 9. Refer to Exhibit 1. Suppose the actual throughput of the process is 4.5 units/hour. What is the utilization of the staff for the first operation? A. 50% B 75% C. 85% D. 100%

Question: 10. According To The Theory Of Constraints (TOC), Which Of The Following Is Most Desirable? A. 100% Utilization Of Bottleneck Work Centers. B. 100% Utilization Of Non-bottlenedck Work Centers. C. 100% Utilization Of All Work Centers. D. None Of The Above. 11. Suppose That Demand In The Newsvendor Model Is Normally Distributed With Mean 100 And Standard …

10. According to the theory of constraints (TOC), which of the following is most desirable? A. 100% utilization of bottleneck work centers. B. 100% utilization of non-bottlenedck work centers. C. 100% utilization of all work centers. D. None of the above. 11. Suppose that demand in the Newsvendor model is normally distributed with mean 100 and standard deviation 20. If the critical fractile 0.5, then the optimal order quantity is A. 80 B. 100 C. 120 D. 125 15. If you have njobs and 1 machine, which priority sequencing rule is guaranteed to minimize average number of jobs in the system? A. Critical Ratio Rule B. Shortest processing time first (SPT) rule C. Earliest due date first (DD) rule D. First-some-first-served (FCFS) rule 16. Which of the following are correct about the Drum-Buffer-Rope approach? I.Drum refers to scheduling new orders on the bottleneck work center. II.Buffer is to ensure the bottleneck work center with the highest utilization. III. Rope attempts to use front scheduling at non-bottleneck work centers. A.I only B. I and II C. II and III D. I, II, and III 17. Which of the following are part of inventory carrying costs? I. Cost of capital II. Damage III. Delivery charges A. I only B. II only C. III only D. I and II

Question: Need Help With This Management Question. It Is A Drop Down Box For The Answer. Thank You…

*88 % iPad 7:23 PM courses.edx.org Bookmark this page W1.A1. Barbara’s Barbecue Inc. 7 points possible (graded) Instructions: Answer the question below and click Submit Barbara’s Barbecue Inc. produces high quality equipment for domestic cooks with high demands on quality (their motto is “Low and slow is the Barbara way). Their assortment consists of grills, smokers and related equipment. Their prime product is the smoker SmoKing, with a diameter of a full 64 cm and a height of 95 (only $1499 shipping). The large capacity (6-8 chickens and 20 racks of babyback ribs) makes the Smoking the centerpiece of any BBQ event. Demand is increasing, especially since the smoker was used in a TV-show by the famous cook Oliver James. Barbara Halford, founder and owner of the company, has some problems. The company has grown steadily since it was founded 10 years ago in Barbara’s garage, and they have always managed to meet market demands in terms of both quantity and quality. Now, however, the increase in demand has strained the manufacturing department beyond its limits and quality has decreased as a result. Apart from this, a competitor just launched a similar product, at least if you look at the specs, called SlowQueen but at a much lower price ($999) In short, Barbara needs to increase productivity without lowering quality. Preferably also lowering production cost so that she can meet the new competitor with a lower price without cutting into profitability. During a workshop with the management team and a consultant, a number of suggestions for improve ment were collected on post-it notes. Most of them were related to the control of the manufacturing process. Please help Barbara categorize these notes into the correct planning levels. For each sugestions below, choose which planning level it belongs to. Select an option from each dropdown list. Planning level Suggestion. iPad *88% 7:22 PM courses.edx.org Suggestion Planning level “As Production manager, I absolutely hate to arrive on a Monday morning and find out that the sales people have managed to promise quantities that are not in my plan to produce. We really need to talk to each other more.” Select an option “We must coordinate the spring campaign (that we have every year) with the production department better.” Select an option “We cannot sell what we cannot produce. We at the marketing department need to communicate with Production before agreeing to deliver large orders” Select an option “We cannot start production until we have all the components as well as the production resources available. We need to specify when production needs to start and when it needs to be done.” Select an option “When we market our products, we really need to focus on beating our competitor. We need to lower our price!” Select an option “If we have sold 100 SmoKings, we need to make sure that we have the components available when we are ready to assemble them, as well as the sub-systems that we buy directly from suppliers.” Select an option Select an option “We need to make sure that we have suppliers nearby.” *88 % iPad 7:23 PM courses.edx.org competitor just launched a similar product, at least if you look at the specs, called SlowQueen but at a much lower price ($999) In short, Barbara needs to increase productivity without lowering quality. Preferably also lowering production cost so that she can meet the new competitor with a lower price without cutting into profitability. During a workshop with the management team and a consultant, a number of suggestions for improve ment were collected on post-it notes. Most of them were related to the control of the manufacturing process. Please help Barbara categorize these notes into the correct planning levels. For each sugestions below, choose which Select an option Select an option from each dropdown list. Strategic network planning Suggestion Sales and operation planning Master production scheduling “As Production manager, I absolutely hate to arrive on a Monday morning and find out that the sales people have managed to promise quantities that are not in my plan to produce. We really need to talk to each other mo Order planning Production activity control nore.” Not related to any planning activities “We must coordinate the spring campaign (that we have every year) with the production department better.” Select an option “We cannot sell what we cannot produce. We at the marketing department need to communicate with Production before agreeing to deliver large orders” Select an option “We cannot start production until we have all the components as well as the production resources available. We need to specify when production needs to start and when it needs to be done.” Select an option

Question: SAMSUNG Retake Final Exam Https//moadle.ssu.edu/mod/quiz/attempt.php?attermpt-621338cmid 104027 Internet Explorer Type Your Windows Password To Log On Abeer Alhourani 28 Failed Logins Since Your Lastt Login Question 7 Based On The CSR Continuum, A Company That Aims To Maximize Profits Within The Law While Engaging In Ethical Business Practices (e.g …

SAMSUNG Retake Final Exam https//moadle.ssu.edu/mod/quiz/attempt.php?attermpt-621338cmid 104027 Internet Explorer Type your Windows password to log on Abeer Alhourani 28 failed logins since your lastt login Question 7 Based on the CSR continuum, a company that aims to maximize profits within the law while engaging in ethical business practices (e.g using fair-trade raw materials) would be considered to follow which CSR model and most likely be in which organizational sector? Not yet answered Points out of 4.00 For clarity, the organizational sectors are defined as follows: Flag question Private: The private sector organizations are driven by revenue and growth Public: Public sector organizations are important effective running of a country at a local, regional or national level Non-Profit: The main purpose of an NGO (non-governmental organization) is to help the public in some way Select one: a. Classical: Non-Profit Organization b. Stakeholder: Private Organization c. Neoclassical: Private Organization d. Stakeholder Public Organization e. Classical: Public Organ zation f. Neoclassical: Non-Profit Organization g. Neoclassical: Public Organization

Question: Building Management Skills Managing The Value Chain [LO9-1,9-2 Choose An Organization With Which You Are Familiar-one That You Have Worked In Or Patronized Or One That Has Received Extensive Coverage In The Popular Press. The Organization Should Be Involved In Only One Industry Or Business. Answer These Questions About The Organization: 1. What Is The …

Building Management Skills Managing the Value Chain [LO9-1,9-2 Choose an organization with which you are familiar-one that you have worked in or patronized or one that has received extensive coverage in the popular press. The organization should be involved in only one industry or business. Answer these questions about the organization: 1. What is the output of the organization? 2. Describe the value chain activities that the organization uses to produce this output. 3. What product attributes do customers of the organization desire? 4. Try to identify improvements that might be made to the organization’s value chain to boost its responsiveness to customers, quality, efficiency, and innovation

Question: Ata La Ela Gaman Danan Uver GJU Department: Management Sciences Principles Ofr Management-MGTI0 Spring Semester 20IN-2019 Final Exam-All Seetions Snnd La Hw D No.Ralso Time 2 Hrs Student Name Date: 20-06-2019 Seetion No. S Iastructor Name: Mohammad Al-Anaswah Multiple Choice Questions-24 Points Choose The One Alternative That BEst Completes The Statement …

ata la ela Gaman danan Uver GJU Department: Management Sciences Principles ofr Management-MGTI0 Spring Semester 20IN-2019 Final Exam-All Seetions Snnd la hw D No.Ralso Time 2 hrs Student Name Date: 20-06-2019 Seetion No. s Iastructor Name: Mohammad Al-Anaswah Multiple Choice Questions-24 Points Choose the one alternative that bEst completes the statement or answers the question control ensures that directions and resources are right before the work 1- begins. a Feedback e. Feedforward c. Current Feed front Concurrent d. 2- Kaplan and Norton developed the but comprehensive view of the business. balanced scorecard approach to give top managers u fast b. Gantt d. CPM a. e. PERT SWOT c- Breakeven Point- Fixed Costs /(Price per unit- 3- b. Variable costs per unit d. Loss per unit Profit per unit a. e. Unit sales Total sales revenue c- 4 An organization chart showing vice presidents of marketing, finance, manufacturing, and purchasing all reporting to the president is depicting a structure. d. product b. matrix c. network functional a. divisional C. 5- A manufacturing business with a functional structure has recently developed three new product lines. The president of the company might consider shiftin structure to gain a stronger focus on each product. a/an e. matrix d. network c. divisional b. informal a. virtual 6 Which of the following timeframes is associated with long-range plans? a. Less than 90 days b. Less than one year d. more than one year c. One year e. At least ten years 7- A leader whose actions indicate an attitude of “do as you want, and doE Principles of Manage I of 7

Question: Aenela Cem Danan GJu Eadersbip Tye. E Democretic D Lnimer-ains He Deethd Paticip Ve En The Teadenbehavier Ereraerhes Se Teadership E Dees Very Gond Bes W Ew Ert A L Dards And Mntoring Task Erierned Achievemenpricmed Comrol- Med D Empoye Cntered Time Oriemedi D Referent Rewand E Couneise B Legitimate E Expert 10 What De We Call The Process Through Which …

Get college assignment help at uniessay writers aenela Cem danan GJu eadersbip tye. e democretic d lnimer-ains he deethd paticip ve En the teadenbehavier ereraerhes se teadership e dees very gond bes w ew ert a l dards and mntoring task erierned achievemenpricmed comrol- med d empoye cntered time oriemedi d referent rewand e couneise b legitimate e expert 10 what de we call the process through which imanagers enshle anad belp others zain power and achieve iefleence within the organizationa” Power Emosional innelligence b Vision d. Coeecion c. Empowementa 1-Which type of contral focases on wbat happens dering the work process? Feedforward controls Feedback controls Internal control b. Concurent conteols d. 1xtemal control e. 12 influences behavior threough authority, palicies, procedures, job deseriptions, badgets, and day-to-day supervision. Autocratic control Authoritarian control b. Barcaucratic control. d. Leadership control Domination control 13- Advice to study a job, carefully train workers to de that jub, and link financialk incentives to job performance would most likely come from a. scientific management c. Henri Fayol b. contingency management d. Abraham Maslows e. Max Weber 14- report to middle managers and supervise non-managerial workers a. Middle managers b. Top managers s. Line maagers d. Team leaders e. Executive administrators 15- Management by exception means b. the same thing a. managing only when necessary as concurrent control c. focusing attention where the need for action is greatest e. taking no action until urgent events of d. the same thing as just-in-time delivery 16- What term is used to describe the world’s supply of natural resources, things li Princigles of Management-MOW 2 of 7

Question: 4paea Ola Geman Jendanan Uv GJu Ed, Water And Mineras Sustainable A Dvino El L Comol E Slimate Jstices Apital Emvironmed Is The Process Of Meaarieg Performanre And Taking Actie O E Desired Resal 17 D Controllinge Eagaging A. Planning Leading H. Organizing Managers Pay Special Attention To The External Enviresement, Looking ETechnical 18. For Proble …

4paea ola Geman jendanan Uv GJu ed, water and mineras sustainable a dvino el l comol e slimate jstices apital emvironmed is the process of meaarieg performanre and taking actie o e desired resal 17 d Controllinge Eagaging a. Planning Leading h. Organizing managers pay special attention to the external enviresement, looking eTechnical 18. for proble and opperteaities and finding ways to deal with them. e Lower d Fint-line a Top h Middle helps to implement all or Pers af strategie plas. b contingency plan 19- A(nh a. functional plan c organinational plan e tactical plan d procedures 20- le order to help implement its corporate strategy, a business firm would likely develap a (an) plan for the marketing department d. zero-based c. productions a fiunctional e technical b. single-use 21-The proeess of coming ep with new ideas and putting them into practice is called e. ingenuity d. imagination c vision b creativity a innovation environment of organizations c. legal-political 22- Internet censorship is a condition in the a. socio-cultural b. natural environment e. economic d. technological pioneered the use of motion studies as a management tool. 23 c. Abraham Maslow b. Max Weber a. Frederick Herzberg d. Frank and Lillian Gilbreth e. Mary Parker Follett and James D. Mooney 24- Which of Katz’s essential managerial skills is most important for top level managers? a Technical skill b. Human skill e. Conceptual skill d. Corporate governance e. Efficient performance Essay Questions – 16 Points 4 questions -4 points each 3 of 7 Principles of Management- MGT1016

Question: Mpen- CASE 2: COLD WAR The Tundra Company Manufacturers Heating, Air Conditioning, And Refrigera- Tion Products. The Manufacturing Of Truck/trailer Refrigeration Units Is A Major Part Of Its Operation. Tundra Sells Truck/trailer Refrigeration Units To Truck Manufacturers And Also Sells The Units And Their Replacement Parts To Cross- Country Supplies, …

mpen- CASE 2: COLD WAR The Tundra Company manufacturers heating, air conditioning, and refrigera- tion products. The manufacturing of truck/trailer refrigeration units is a major part of its operation. Tundra sells truck/trailer refrigeration units to truck manufacturers and also sells the units and their replacement parts to Cross- Country Supplies, another division of its parent organization. Cross-Country in turn, sells the units and replacement parts to a dealer organization of approximately 180 authorized dealers. Given the size of Cross-Country’s dealer network, the inventory investment in the Tundra-Cross-Country-dealer system is enormous. The continual use of refrigeration units causes parts to wear rapidly, and their replacement is a frequent occurrence. However, intense usage tends to be seasonal. Tundra finds Cross-Country’s demand for spare parts to parallel its demand for new units. To obtain forecasts, Tundra uses a method based on Cross-Country’s actual orders for units and spare parts from the previous year. The type and number of units and spare parts ordered by Cross-Country in a particular month of the previous year are used to derive forecast figures for the current year. On the other hand, Cross-Country orders each item (units and replacement parts) from Tundra in economic order quantities and uses an average of the past three years’ demands from its dealers as a parameter. Tundra does not follow a stable production schedule year round, but generally bases its manufacturing schedule on a combination of firm customer orders from truck manufacturers and forecasted demand for the units it plans to sell to Cross-Country. Tundra receives component parts to support manu- facturing and to fill replacement parts orders for Cross-Country from various suppliers: for example, compressors from one supplier, casings from another, and thermostats from a third. As components must meet Tundra’s specifica- tions, it is difficult to expedite parts by ordering from another supplier. Cross-Country fills dealer orders for replacement parts from its central warehouse. Likewise. Tundra fills the orders it receives from Cross-Country from its own stock. Unfortunately, it is common for suppliers to delay filling lundra’s orders. When this happens, Tundra will accept backorders, and if hecessary, ask Cross-Country to accept backorders as well. During previous waiting periods, Cross-Country has been prone to panic due to the pressure 86 Forecasting and Market Analysis Chap. 2 from dealers to fill their demands instantly. Because of uneasiness, Cross- Country has been increasing, even doubling, its safety stock requirements for parts within the current year and is carrying far more stock on average this year than in previous years. 1. State some drawbacks of the forecasting and stocking policies at both Tundra and Cross-Country. 2. For Tundra and Cross-Country, suggest methods for improving opera- tions to include: (a) alternative stocking methods, and (b) alternative forecasting methods. 3. Give some general considerations for organizations which must forecast and stock replacement parts.

Question: Ritz Products’s Materials Manager, Tej Dhakar, Must Determine Whether To Make Or Buy A New Semiconductor For The Wrist TV That The Firm Is About To Produce. Four Million Units Are Expected To Be Produced Over The Life Cycle. If The Product Is Made, Start-up And Production Costs Of The Make Decision Total $1 Million, With A Probability Of 0.5 That The …

Ritz Products’s materials manager, Tej Dhakar, must determine whether to make or buy a new semiconductor for the wrist TV that the firm is about to produce. Four million units are expected to be produced over the life cycle. If the product is made, start-up and production costs of the make decision total $1 million, with a probability of 0.5 that the product will be satisfactory and a 0.5 probability that it will not. If the product is not satisfactory, the firm will have to reevaluate the decision. If the decision is reevaluated, the choice will be whether to spend another $1 million to redesign the semiconductor or to purchase. Likelihood of success the second time that the make decision is made is 0.6. If the second make decision also fails, the firm must purchase. Regardless of when the purchase takes place, Dhakar’s best judgment of cost is that Ritz will pay $0.60 for each purchased semiconductor plus $2 million in vendor development cost a) Assuming that Ritz must have the semiconductor (stopping or doing without is not a viable option), what is the best decision? the semiconductors because this decision has an expected cost of $ The firm should (Enter your response as an integer.) b) What criteria did you use to make this decision? To make the decision in part (a), we found the In this case, expected monetary value is represented by of these values. c) What is the worst that can happen to Ritz as a result of this particular decision? What is the best that can happen? The worst that can happen is that the fim spends $ The best that can happens is that the firm only spends $ (Enter your responses as integers.)

Question: As Pit Crew Manager For Rusty​ Wallace’sNASCAR​ Team, You Would Like To Evaluate How Your​ “Jackman” Is Utilized. Prepare A Process Chart For The Jackman

Distance Time (ft) Chart Process (sec) Symbols description Move to right side of car Raise car Wait for tire exchange to finish Move to the left side of car Raise car Wait for tire exchange to finish Move back over wall from left 15 2.0 A 1,7 1.1 C 10 1.8 D 1.7 E 1.2 F 2.5 G side LO O Choase he comect symbol for A beiow A. O. Choose the comect symbol for B below OA OB O . Choose the comect symbol for C below O S. O A O B. OD Chose e comect smbol for Dbelow OA t Choese the canact symbel for F bei OP. Choose the canet symbel for G below OD. OE Fil in the table beiow (Round your responses to ane decimal place as needed) Total Number Summary Operaon Transportation Inspect Dalay Store Vert Dist (f) Hor Dist Time (sec) Choose the correct symbol for E below O E. O C. A. B. O D. Inspection Storage Delay Transportation Operation Total Summary Number Operation Transportation Inspect Delay Store Vert. Dist. (ft) 0 Hor. Dist. (ft) Time (sec) Choose the correct symbol for A below. O D. O A. O B. O E. C. Choose the correct symbol for B below. O C. O D. O E A. B. Choose the correct symbol for C below. O C. O D. O E. A. B. Choose the correct symbol for D below. O C. O A. O B. O D. O E. Choose the correct symbol for E below. O A. O B. O D. O E. Choose the correct symbol for F below. O C. O D. O E B. Choose the correct symbol for G below. O D. O A. O B. O E. C.

Question: Peter Rourke, A Loan Processor At Wentworth Bank, Has Been Timed Performing Four Work Elements, With The Results Shown In The Following Table. Observation (minutes Per Cycle) Task Performance Rating 110% 1 Element 2 4 5 0.4 0.5 0.5 0.4 0.5 0.6 0.7 2 90% 0.8 0.6 0.6 80% 0.6 0.5 0.7 0.4 0.6 80% 1.6 1.8 2.1 1.6 1.4 The Allowances For Tasks Such As This …

Peter Rourke, a loan processor at Wentworth Bank, has been timed performing four work elements, with the results shown in the following table. Observation (minutes per cycle) Task Performance Rating 110% 1 Element 2 4 5 0.4 0.5 0.5 0.4 0.5 0.6 0.7 2 90% 0.8 0.6 0.6 80% 0.6 0.5 0.7 0.4 0.6 80% 1.6 1.8 2.1 1.6 1.4 The allowances for tasks such as this are personal, 6%; fatigue, 10%; and delay, 2%. minutes (round your response to two decimal places) a) The normal time for the complete operation b) The standard time for this process minutes (round your response to two decimal places).

Question: Machine Shop Leases Grindat For Sharpening Theit Machine Cutting Tools. A Decision Must He Made To How Many Grinder S To Lease. The Cost To Lease Grinder Is $50 Per Day, The Grinding Time Require By A Machine Operator To Sharpen His Sharpen Their An Operator Being Away An Exponential Distribution, With An Average Of One Minute. The Machine Operators …

Question 3: (30 points) service Co A machine shop leases grinder for sharpening their machine cutting tools. A decision must he made as to how many grinder s to lease. The cost to lease grinder is $50 per day. The grinding time require by a machine operator to sharpen his cutting tool has an exponential distribution, with an average of one minute. The machine operators arrive to sharpen their tools according to a Poisson process at a mean rate of one every 20 seconds. The estimate cost of an operator being away from his machine to the grinder is 10 cents per minute. The machine shop is open 8 hours/day waits cost a) What is the average number of customer waiting to be served on a given day if the machine shop lease 1, 2 and 3 grinders? b) What is the optimal number of grinder to be left by the machine shop for the minimum total cost? 20seasnds

Question: For Many Years You Worked For Large Companies, But Recently You Decided To Open Your Own Business. You Are Confident That You Have The Management Skills Needed To Operate The Business. After Years Of Saving, You Have Accumulated A Rather Sizable Nest Egg That Will Provide Cushion For You And Your Family To Live On Until The Business Becomes Profitable. …

For many years you worked for large companies, but recently you decided to open your own business. You are confident that you have the management skills needed to operate the business. After years of saving, you have accumulated a rather sizable nest egg that will provide cushion for you and your family to live on until the business becomes profitable. a In preparation for opening the business, you read a series of articles on “How to Start a Business.” You are surprised to discover that there are a variety of options for structuring ownership of your business. For example, you can form of a sole proprietorship, a partnership limited-liability company (LLC). You speak with your friend Debby, who used money from her wealthy parents to start a a coгрoration, coffee shop in town last year. You are surprised when she tells you that, if her business fails, only the business is responsible for the debts ога Her family assets are not risk. She also tells you she picked a form of business ownership that will allow her business to borrow money, buy and sell property, and sign binding contracts You begin reflecting on the structure of your business. In preparation, you write the following questions on a piece of paper: Do I want complete control over the business or am I willing to share management decisions? How do I want to divide profits and how do I minimize taxes? What legal and financial liabilities How hard are these various ownership structures to setup and administer? I have? You discuss these decisions with your spouse. He suggests you seriously consider whether you really want a business, or for a money-making hobby. He suggests that, if it’s just a hobby, you should keep things simple real business, but it is important for you maintain complete control of the operation. Debby talked about how great it was to be her own boss and you want that for yourself. At the same time, if this business grows you want the ability to recruit co-owners who can bring additional are simply looking as possible. You respond that you do want a talents to the business. Based on the discussion with your spouse, you schedule a series of meetings to get additional advice on the best ownership structure. Your first meeting is with your accountant. He points out different business structures will impact your tax obligation at the end of the year. In particular, you are impressed with his comment that, depending on the level of profits, corporate rates may be slightly lower than individual агe tax rates Next, you meet with an attorney who informs you that, like many states, your state allows 1-person corporations and LLCs. Finally, you meet with your insurance agent. She explains that different business structures carry different forms of liability. You are concerned, because your family has many assets, such as the family home and savings accounts. You want to shield those assets should your business fail. You remember Debby saying her family assets were not at risk. |After these meetings, you realize forming a business involves a series of tradeoffs. There is no perfect business structure that will meet all your needs. You determine you prefer a business structure where your family assets, such as homes and savings accounts, will be shielded from creditors should your business fail. The form(s) of business that will offer you protection are: a. Corporation ь, Цс c. Partnership d. Sole proprietorship For many years you worked for large companies, but recently you decided to open your own management skills needed to operate the business. After years of saving, you have accumulated a rather sizable nest egg that will provide cushion for you and your family to live on until the business becomes profitable. business. You are confident that you have the a In preparation for opening the business, you read a series of articles on “How to Start a Business.” You are surprised to discover that there are a variety of options for structuring ownership of your business. For example, you can form of a sole proprietorship, a partnership, alimited-liability company (LLC). You speak with your friend Debby, who used money from her wealthy parents to start a a corporation, or coffee shop in town last year. You are surprised when she tells you that, if her business fails, only the business is responsible for the debts. Her family assets are not risk. She also tells you she picked a form of business ownership that will allow her business to borrow money, buy and sell property, and sign binding contracts. You begin reflecting on the structure of your business. In preparation, you write the following questions on a piece of paper: C I willing to share management decisions? Do I want complete control over the business or am How do I want to divide profits and how do I minimize taxes? What legal and financial liabilities will I have? How hard are these various ownership structures to setup and administer? You discuss these decisions with your spouse. He suggests you seriously consider whether you really want a business, or are simply looking for a money-making hobby. He suggests that, if it’s just a hobby, you should keep things simple as possible. You respond that you do want a real business, but it is important for you maintain complete control of the operation. Debby talked about how great it was to be her own boss and you want that for yourself. At the same time, if this business grows you want the ability to recruit co-owners who can bring additional talents to the business on the best ownership structure. Your Based on the discussion with your spouse, you schedule a series of meetings to get additional advice first meeting is with your accountant. He points out different business structures will impact your tax obligation at the end of the year. In particular, you are impressed with his comment that, depending on the level of profits, corporate rates may be slightly lower than individual tax rates. Next, you meet with an attorney who informs you that, ike many states, your state allows 1-person corporations and LLCS. Finally, you meet with your insurance agent. She explains that different business structures carry different forms of liability. You are concerned, because your family has many assets, such as the family home and savings accounts. You want to shield those assets should your business fail. You remember Debby saying her family assets were not at risk. After these meetings, you realize forming a business involves a series of tradeoffs. There is no perfect business structure that will meet all your needs |After much analysis, you decide to form a corporation. You start by drafting articles of incorporation that will be filed with the Secretary of State. Which of the following items must be included with your articles of corporation? Select all that apply a. Stockholders will be allowed to vote on major acquisitions b. Anticipated annual revenue of the corporation is expected to be $750,000 c. Your company will manufacture and sell household products. d. You plan to issue 1,000 shares of stock e. Each share of stock will initially sell for $35

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Suave ran ads featuring a woman with beautiful hair questioning “Suave or Matrix? Can You Tell?” This is an example of

Question: Delstate Accupuncture Has Compiled Acupuncture Appointments For The Last 19 Periods As Shown Below. Showing ALL Work, Complete The Questions Below. (Total: 20 Points) Workspace For Question #4 Period 11 Period #Appts #Appts 1 800 714 2 12 830 627 3 13 755 589 701 4 14 601 726 15 543 740 16 521 7 690 17 555 8 18 679 493 9 19 655 486 10 670 20 1. What …

Delstate Accupuncture has compiled acupuncture appointments for the last 19 periods as shown below. Showing ALL work, complete the questions below. (Total: 20 points) Workspace for Question #4 Period 11 Period #Appts #Appts 1 800 714 2 12 830 627 3 13 755 589 701 4 14 601 726 15 543 740 16 521 7 690 17 555 8 18 679 493 9 19 655 486 10 670 20 1. What is a naive forecast for period 20? (2 pts) Answer State your rationale E sentence. (2 pts) in ON C Answer Calculate the 5 period moving average for period 20. (2 pts) 2. Work Area: Answer: Calculate the 10 period moving average for period 20. (2 pts) Work Area: Which method of these two moving averages would you recommend for use (you must circle one or the other, 5 or 10)? State why in one brief statement. (2 pts) Iselect 5PMA 10PMA Reason: 3 Calculate a weighted moving average for period 20 using the following weights, respectively 60, .30, and.10. (2 pts) Answer Work Area: 4. If the forecast for period 16 is 550 and you are using a smoothing constant of .10, calculate the forecast for period 20. (8 pts) ROUND TO 2 DECIMAL POINTS THROUGHOUT Work Area (show work in space above!) Answer

Question: Question 4 Mark Joins A Accelerate Inc. A Company Dealing With Organic Foods In The Region. Over The Years This Company Has Used The Traditional EOQ Model To Order Organic Foods From Suppliers. Currently This Al Company Is Facing A New Crisis; There Is A Lot Of Inventory That Depreciates Very Quickly. Mark’s First Mandate Is To Help Ensure That This …

Question 4 Mark joins a Accelerate Inc. a company dealing with organic foods in the region. Over the years this company has used the traditional EOQ model to order organic foods from suppliers. Currently this al company is facing a new crisis; there is a lot of inventory that depreciates very quickly. Mark’s first mandate is to help ensure that this company does not loose revenue in depreciated inventory. a) Based on inventory management concepts what is the first thing that Mark should focus on to help minimize the depreciated inventory (2point) b) One of the main organic products in inventory is milk. The following table presents the different holding and order costs from different suppliers. Which supplier should mark select and why. Present your calculations with appropriate computations (Assume the annual demand for milk is 30,000 bottles. The last year the company lost $90,000 in revenues in milk alone) Supplier Holding Order/Setup per unit Cost Cost Current 9 29 4 SOBA bocs Supplier Supplier A Supplier B Supplier C Supplier D 9.25 27 4 10.5 18 4 11 12 7 15 7 10 It Mark is also entrusted to maintain a service level of 98% and assume that the company operates for 300 days in the year. At what point in inventory level should Mark order new stocks for your chosen supplier? (Assume that the standard deviation is 10 bottles per day and each of the suppliers have a lead time of 5 working days)

The post Question: (b) What Problems Are Evident? (c) What Does The DRP Plan Do That The Reorder Point System Did Non CASE 2: THE LINK Selbyco, A Manufacturer And Distributor Of Health Food Products, Links Its DRP System To Its MRP System In Order To Provide The Best Service To Its Nationwide Network Of Customers. Its Distribution Requirements End At The Master Produc … appeared first on uniessay writers.

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