Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Operation Management Expert

problem 1)a)

Develop the aggregate plan for the given data using Trial and error Method, Initial Inventory is nil and a final inventory of 200 units is required.

Period                      Demand (units)                     Maximum capacity (units)
Quarter                                              Regular time         Overtime      Sub-contracting
1                        1200                          1800                        400             300                                  
2                        2100                          1800                        500              300
3                        3200                         1800                         600              300
4                        2100                          1800                        400               300

Costs: Regular time production = Rs 50 / unit, Overtime Production = Rs65/unit, Subcontracting = Rs 80 /unit and inventory carrying = Rs 5 /unit/quarter

b) A production planner must decide the sequence in which to process the 6 customer orders on a single manufacturing facility. The processing time in days and their due dates are given below.

Schedule the jobs using FCFS, SPT, EDD and Critical Ratio sequencing rules and determine Mean flow time, Average job lateness and Average number of jobs in the system.

Job ( in order of arrival)                   Processing time (days)         Due date (days hence)
A                                                                      2                                    4                                      
B                                                                      5                                    18                      
C                                                                      3                                     8                   
D                                                                      4                                     4                                                   
E                                                                      6                                     20                       
F                                                                      4                                     24   

problem 2)a) The demand for a chemical is at a constant rate of 100000 kg per year. The cost of ordering is Rs.500. the cost per kg of the chemical is Rs 2. The shortage cost is Rs 5 per kg / year if the chemical is not available for use. Determine the optimal order quantity? The inventory carrying is Rs 30.

b) The rate of demand for an item is 60 unit per week and the normal lead time is 3 weeks. find out the safety stock and ROP in the following cases.

i) If safety stock is assumed to be 25% of Lead time consumption.

ii) If safety stock is assumed to be 2 weeks requirement.

iii) If the maximum lead time basis is to be used and the maximum lead time in the past has been 6 weeks.

v) describe in brief MRP System Inputs and Out puts.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M96472

Have any Question? 


Related Questions in Operation Management

You are the hr manager of a large child care center the ceo

You are the HR Manager of a large child care center. The CEO has asked you to prepare a 2-3 page paper addressing how to conduct comprehensive background checks on employees hired to work with children. Write your 2-3 pa ...

Define the decision variables and determine the objective

Define the decision variables and determine the objective function for the following problem. A plant has four operators to be assigned to four machines. The time (minutes) required by each worker to produce a product on ...

Quality management and lean systems paperin the modern

Quality Management and Lean Systems Paper In the modern world, businesses and individuals need to optimize their efforts to gain effectiveness and efficiency. Also, concepts of sustainability, continuous improvement, and ...

How do you understand achilleus response to the embassy

How do you understand Achilleus response to the embassy? What does this response indicate about Achilleus?what does it indicate about his relationship to the Greek army?

Multiperiod production planning at zeta p362attached is the

Multiperiod Production Planning at Zeta, p.362 Attached is the case study. This needs to be completed in Excel and any diagrams need to be able to edited, they cannot be cut and pasted into the excel spreadsheet. ALSO pl ...

Commercial practices in shippingquestionthe case of hanjin

Commercial Practices in Shipping Question; The case of Hanjin, one of the world's largest shipping lines, has had and will continue to have a major effect on the international shipping industry. Assess the implications o ...

Radovilsky manufacturing company in hayward california

Radovilsky Manufacturing Company, in Hayward, California, makes flashing lights for toys. The company operates its production facility operates 300 days per year. It has orders for about 12,400 flashing lights per year a ...

Consumer purchases are influenced strongly by cultural

Consumer purchases are influenced strongly by cultural, social, personal, and psychological characteristics. What are the various types of cultural factors that influence consumer behavior and how do they interact with o ...

Assignment vice president of operations management

Assignment: Vice President of Operations Management Paper Scenario: Imagine that you are the vice president of operations at a production or service organization. You have noticed that your organization's current operati ...

Planning for security paperplease select one of the two

Planning for Security Paper Please select one of the two choices below: 1. Research five examples of corporate vision statements, corporate mission statements, and corporate goals. What impact do these have on the securi ...

  • 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

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen