Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

A firm decides whether to produce products by an onshore plant or an offshore plant. The fixed cost and the variable cost of the onshore plant are $30,000 and $1.0, while the fixed cost and variable cost of offshore plant are $20,000 and $0.8. Both of the two supplier may not be 100% reliable to satisfy all order quest from the firm. Specifically, the onshore plant has 80% probability to meet all order requests and 20% probability to satisfy 90% of the order request. The offshore plant has 60% probability to meet all order request and 40% to satisfy only 80% of the order request. The demand in the next season is 30,000 and the marginal revenue of each unit of product is $4.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M93107716

Have any Question?


Related Questions in Operation Management

What are the most common measures of system performance in

What are the most common measures of system performance in a queuing analysis? What probability distributions are used in single-server waiting line model? Explain the structure of a single-server waiting line model.

The federal bureau of investigation of the us government

The Federal Bureau of Investigation of the U.S. government, the FBI, was forced to scrap its $170 million virtual case le (VCF) management system. Official reports blamed numerous delays, cost overruns, and incompatible ...

Ford motors case analysiswrite a 1-2 page case analysis on

Ford Motors case analysis: Write a 1-2 page case analysis on Ford Motors. Include: intoduction, services, target marketing, competitors, industry analysis, environmental scan, problems and solutions to thrive in the futu ...

1 how should the leadership team build a sense of trust

1. How should the leadership team build a sense of trust that will support the vision of becoming a top 10 HSC? 2. Explain the following in a paragraph Cultural identity is especially relevant in intercultural business c ...

1 why do some members of a group not get along ie are in

1. Why do some members of a group not get along (i.e., are in conflict with group norms)? 2. What are the remedies for breach of contract? 3. Calculate RBS Company’s Reorder Point including safety stock for the Pen Sets ...

Assignment reflectionsthis is a reflection assignment to

Assignment Reflections This is a reflection assignment to thoroughly examine yourself in the context of technical project management to understand what you can do, want to do, need to do, and will do to improve what have ...

Two industries industry x and industry y are run by labor

Two industries (Industry X and Industry Y) are run by labor unions. Even though the unions overseeing these industries are considered honest and conscientious, we have seen a large disparity in pay between the industries ...

Airlines hotel chains and rental car companies were among

Airlines, hotel chains, and rental car companies were among the first to introduce loyalty marketing programs designed to reward frequent customers. Customer loyalty programs have since expanded to a wide variety of othe ...

Assignmentresearch write and submit a five 5 page double

Assignment Research, write, and submit a five (5) page, double spaced report on a Global Business topic. (A list has been provided for your writing subject) These five (5) pages exclude the title page and the page listin ...

Navigating faith and work event planning is often hard work

Navigating Faith and Work: Event planning is often hard work. At times things go wrong in event execution, despite meticulous planning. This can sometimes result in criticism or people suggesting a "better way" of doing ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As