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Operation Management

Question.1453 - The master production schedule (MPS) for two products, A and B, is shown below. To manufacture item A, two units of component C are required. To manufacture item B, four units of component C are required. The inventory balance for C is 10 units at the start of week 1. Using this information, determine the gross requirements for component C to start week 1. MPS Week 1 Product A 15 Product B 2

Answer Below:

units

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Answer: 7.92 ...

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Answer: $212.28 per unit ...

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Answer: $62.5 million. ...

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Answer: Internet ...

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Answer: All of these choices are significant contributing factors. ...

Question: Which of the following transportation modes has the lowest cost per ton? ...

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Answer: cross-docking. ...

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Answer: 21.5. ...

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Answer: a small number of periods is used. ...

Question: Given the following weekly demand figures, what is the MAD at the end of week 5? ...

Answer: 12.0 ...

Question: Which of the following is NOT a measure of forecast accuracy? ...

Answer: Cumulative absolute deviation of forecast error ...

Question: What is the exponentially smoothed forecast for week 2? (Use F1 = 25 and alpha = 0.2.) ...

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Answer: Rounds of anonymous data collection ...

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Answer: Days in inventory + days in account receivable - days in accounts payable. ...

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Answer: All of these choices are included. ...

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Answer: has all of these features. ...

Question: The capacity of a process is determined by ...

Answer: the bottleneck. ...

Question: A bank has an average of 10 customers per hour arriving into the system, and it takes an average of ...

Answer: 5 customers ...

Question: What does a square or rectangle symbol indicate in a flowchart? ...

Answer: Operation ...

Question: A machine center can produce 175 units per day at 100% utilization. Demand is 75 units per day, and ...

Answer: 125 units. ...

Question: If I denotes the average inventory in the system, T denotes the average throughput time, and R den...

Answer: R = I/T. ...

Question: If a factory has 100,000 units of materials in the system and if the average flow rate of the system...

Answer: 20 days. ...

Question: Assembly lines have a number of characteristics. Which of the following is typically NOT a charact...

Answer: Use of general-purpose equipment. ...

Question: Process efficiency is usually highest in which type of process? ...

Answer: Assembly line ...

Question: An important lesson from the product-process matrix is ...

Answer: give importance to aligning product choice decisions and process choice decisions. ...

Question: The type of processing system that is used for highly standardized products such as oil and gasoline...

Answer: continuous process. ...

Question: Which of the following is among the factors that influence process selection? ...

Answer: All of these choices ...

Question: A company makes necklaces with attached letters. Department A manufactures the necklace chains and l...

Answer: make-to-stock, assemble-to-order. ...

Question: The type of processing system that is used for complex jobs with a unique or creative set of activit...

Answer: project. ...

Question: Mass customization is defined as ...

Answer: producing a large variety of products at approximately the same cost as mass production. ...

Question: The throughput ratio (TR) is the ratio of the total processing time for the job divided by ...

Answer: total waiting time plus total processing time. ...

Question: Make-to-stock (MTS) and make-to-order (MTO) choices each offer relative advantages and disadvantag...

Answer: MTO typically allows for higher flexibility in product design offerings. ...

Question: Primary reasons to hold inventory include all of the following EXCEPT ...

Answer: to decrease inventory turnover ratio. ...

Question: A paint supplier that places orders for different colors of paint for delivery at the same time shou...

Answer: P system. ...

Question: Given that unit cost = $25, annual carrying charge = 10%, annual demand = 4,000 units, and orderin...

Answer: 219 units. ...

Question: A particular brand of soap has a lead time of three weeks to reorder, a weekly standard deviation of...

Answer: 118.49 units. ...

Question: A computerized inventory system checks inventory levels at the end of the week and produces suggeste...

Answer: A periodic review system ...

Question: ABC analysis requires that inventory be classified according to ...

Answer: annual dollar usage. ...

Question: Of the cost elements making up total inventory cost, which is the most difficult to estimate? ...

Answer: Stockout costs ...

Question: Which cost is NOT part of inventory ordering costs? ...

Answer: Obsolescence costs ...

Question: In the basic EOQ model, if annual demand and carrying costs double, the EOQ ...

Answer: remains the same. ...

Question: Traditional ABC classification means that inventory ...

Answer: is classified according to demand times cost (demand * cost). ...

Question: Demand for an item is 10 units per week, and delivery lead time is 3 weeks. The safety stock is know...

Question: Service levels are ...

Answer: all of these choices. ...

Question: In MRP "scheduled receipts" are ...

Answer: open orders not delivered yet. ...

Question: Using a lot-for-lot ordering strategy for the following item, what is the net requirements amount in...

Answer: 5 units ...

Question: ________ systems use a requirements order philosophy, while ________ systems use a replenishment ord...

Answer: MRP, order-point ...

Question: The parts explosion results in the following outputs: ...

Answer: purchase orders and shop orders. ...

Question: Using a lot-for-lot ordering strategy for the following item, what is the planned order release amou...

Answer: 15 units ...

Question: Successful MRP implementation requires ...

Answer: management support, accurate data, and adequate computer support. ...

Question: Integration with which of the following functions is required for an effective ERP system? ...

Answer: All of these choices ...

Question: The master production schedule for Product A shows a need for 30 units, and Product B shows a need o...

Answer: 190 ...

Question: Decisions made in operations affect other functions as below except - ...

Answer: Operations decisions directly affect government’s macro-economic policy ...

Question: The process view provides a basis for viewing an entire business as a system of interconnected proce...

Answer: True ...

Question: The three primary functions that exist in most business organizations are ...

Answer: operations, finance, and marketing. ...

Question: The primary role of operations and supply chain management is to ...

Answer: increase the productivity of the firm. ...

Question: The transformation view of the operations function provides a unified approach for ...

Answer: True ...

Question: Simultaneous Engineering or Concurrent Engineering refers to all below ...

Answer: All of the above ...

Question: Which of the following is NOT true regarding service and manufacturing operations? ...

Answer: both employ roughly 50% of the US workforce ...

Question: Marketing function has a great deal of interface with the operations function except ...

Answer: Marketing’s product branding advertising is directly related to operation’s inventory decisions ...

Question: Finance and Accounting function has a great deal of interface with the operations function except ...

Answer: Finance can directly determine initial public offering (IPO) decisions based on operations considerations ...

Question: Cross-functional teams in product and process development/design requires all except ...

Answer: Research and Development teams are separated from all other functions ...

Question: Why is operations management a more encompassing term than production management? ...

Answer: Operations management refers to service as well as manufacturing organizations. ...

Question: 3.3 Written Assignment: Regulatory Requirements -Quality Assurance (QA) and Quality Control (QC) &nd...

Answer: Introduction Quality Assurance (QA) and Quality Control (QC) are both essential parts of repair, Repair, and Overhaul (MRO) organizations that m...

Question: Your Experiences with Operations Strategy First, think about ...

Answer: Experiences with Operation StrategyAs an African American employee in a successful business organization, I have seen how important it is to implement...

Question: Review the Research PaRer & Presentation Overview and fi...

Answer: AbstractThe research paper has aimed to find whether optimizing aircraft maintenance operations at Delta Air Lines leads to improved efficiency and re...

Question: You will summarize your interview, responses, analysis, and recommendations in a PowerPoint pr...

Answer: Speaker Notes (needs to be sent to the client - the last person adding to this will ensure unnecessary tutor names or other data are removed.) PASTE ...

Question: Based on your readings and resource review, you should be able to define the three strategic approac...

Answer: IntroductionCompetitive advantage is any aspect that gives an edge to a company over its competitors in the industry. Competitive advantage is attaine...

Question: Identify an online sales company and explain how the concepts of complexity and divergence apply. Pr...

Answer: Let's consider the online sales company Amazon as an example and examine how the concepts of complexity and divergence apply to its business. ...

Question: Data Analysis and Interpretation ...

Answer: Participants' Demographic StatisticsThe researcher employed purposive sampling, selecting fifty college-age adolescents with various backgrounds and d...

Question: The physicians at Aubreyville Regional Hospital were growing increasingly frustrated with the lack o...

Answer: Question 1The passion of Dr. Jones for retrieving historical information about patients confirms her intention to gain a holistic understanding of her...

Question: Write an essay on how one could design a Visual Factory and perform Total Productivity Maintenance ...

Answer: IntroductionVisual factory is a critical component that a production manager uses for developing an efficient and safe production control and maintena...

Question: Read the article that discusses statistical process control for service processes. Discuss how the ...

Answer: Multiple control charts is a very important tool in statistical process control. Multiple control charts has to control the product or the process at ...

Question: Choose a real-world process (at a bank or hospital or university or restaurant or hotel ...

Answer: INTRODUCTIONSix Sigma is a tool that is used in all types of industries. The tools for each business are universal. Six Sigma, over the last 25 years ...

Question: Perform PEST and SWOT analyses for a potential Six Sigma project at your workplace. Summarize the pr...

Answer: Six Sigma refers to a marketing strategy that lays emphasis on the improvement of the profitability and the efficiency of an organization on the whole...

Question: Read the article that discusses how Six Sigma was applied to improve a hospital discharge proc...

Answer: Hospital discharge process: This is the time when patients are discharged from the hospitals. Either they are to be taken back home or to an after car...

Question: Read the article that explains the types of benchmarking. Write a short paper on how any o...

Answer: BenchmarkingBenchmarking is the comparison of technological standards with the best in the industry. This method of comparison involves assessing exis...

Question: Read the article that discusses the Measure phase and the commonly used tools and concepts within t...

Answer: Measure appears to be second in position in case of a teams work. In case of measure quantity holds an important position rather than quality.The aim ...

Question: Identify the customers of a process at your workplace. Then, identify their requirements from that p...

Answer: PROJECT MANAGEMENT OF A COMPANY THAT INSTALLS MACHINES FORCANCER TREATMENTIn today’s world, the requirements of the customers are rapidly changi...

Question: Read the article that discusses the stages of team development. Discuss the forming, norming, stormi...

Answer: Working on a new line production with a newly carved team of members, we had undergone the steps of forming, storming, norming and performing to carry...

Question: Magnet hospitals are required to integrate evidence-based practice. What are steps and strategies th...

Answer: Evidence based practice is an integrative mode of addressing healthcare questions and problems with best available evidences and expertise coupled wit...

Question: Read the article that discusses how to create a happy workforce using Total Performance Sc...

Answer: Similarities between Balanced Scorecard and Total Performance Scorecard ? Both Balanced Scorecard and Total performance scorecard are the system of me...

Question: Create a brochure with two sections delineating the advantages of SIOP(Sheltered Instruction O...

Answer: The Sheltered Instruction Observation Protocol (SIOP) is a model that has helped in addressing the academic needs of people interested in learning Eng...

Question: Armand Feigenbaum made significant contributions to quality management. Research on Feigenbauma's co...

Answer: Armand V. Feigenbaum and the term Quality Control go hand in hand. He is an American Quality Expert and a businessman. He was instrumental in devising...

Question: Read the article that discusses how to use Deming’s principles to create the ...

Answer: William Edward Deming was not only a statistician but also a professor, author, lecturer and consultant. His amazing principles to create leaders were...

Question: Read the article that illustrates how process mapping can be applied to a sales process, w...

Answer: Use of Lean solution Lean solutions are used to eliminate the waste in any process whether in form of step or time. Lean solutions main aim is to impr...

Question: Read the article that illustrates the 5S methodology with examples. Also, watch this ...

Answer: Implementation of 5S5S helps in improving the work environment of your work place thus leading to better productivity. Here we are taking the example ...

Question: Read this article about Lean Six Sigma for the twenty-first century. Review the â€œ...

Answer: Assignment: Changes Needed in Six Sigma Organizations usually view Six Sigma as a concept formulating ways to achieve perfection or near perfection. O...

Question: Blog: Reflective Summary You have been investigating and reflecting upon Six Sigma quality mana...

Answer: The Six Sigma quality management issues have multiple issues associated with it. The quality management area in a business organization is critical fo...

Question: Read this article about Lean Six Sigma for the twenty-first century. Review the “What ne...

Answer: Discussion Title: Changes Needed in Six Sigma The business environment has evolved through changes and it is bound to embrace changes in the future to...

Question: Read the case study about using the DMADV approach for designing new housing at the University of Mi...

Answer: IntroductionThe DMADV approach is an effective tool to create and develop new product, services or modify existing products to make them meet client e...

Question: Share examples of each of the Level I, II, and III coping strategies that you have experienced in yo...

Answer: Coping StrategiesToday the main problem for a person is how to cope up with this fast running life which on failure creates stress in our mind leading...

Question: Investigate on the internet the various ways (interviews, focus groups, surveys, etc.) to collect th...

Answer: Interviews, Observations, Questionnaires, focus group are used for collecting the voice of the customers. A large amount of information can be collect...

Question: Read the article that presents the application of Six Sigma in research and development firms. Summa...

Answer: Practicing Six Sigma Quality ManagementSix Sigma approach is a set of tools and strategies to improve the on- going process. Organizations have starte...

Question: Investigate on the internet the method of kaizen (Japanese for “continuous improvement&rdquo...

Answer: Japanese for "improvement", or "change for the better" refers to philosophy or practices that focus upon con...

Question: Discussion Title: Continuous Improvement Read this case study about the continuous improv...

Answer: Continuous improvement is defined as “an organization wide process of focused and sustained incremental innovation” (Coughlan & Co...

Question: Discussion Title: Comparison of Six Sigma Course Project with CSX’s Project Read this article ...

Answer: The cause and effect diagram provides an effective tool for planning solutions for a problem. It is more effective as planning tool as compared to pro...

Question: Blog: Practicing Six Sigma Quality Management Read this case study about CSX’s DMAIC approach ...

Answer: CSX Corporation managed to save millions of dollars by using define, measure, analyze, improve and control (DMAIC) approach of Six Sigma through reduc...

Question: Discussion Title: Relationship among the Performance Metrics (a) What is the need for the process ca...

Answer: IntroductionProcess capability in Six Sigma measures the percentage or degree of extent to which the production systems of the firm is able to meet th...

Question: Read the article about combining Six Sigma and knowledge management in hospitals. The authors hypoth...

Answer: IntroductionSix Sigma approach focuses on “process improvement and variation reduction”. (Isixsigma.com) while knowledge management system...

Question: Watch the video "Overview of Six Sigma" located in the Module Six Resource folder....

Answer: Common causes of variation in manufacturing process In the manufacturing process of a firm, the common causes of variation refer to those fluctuations...

Question: Post 5.1 Recall “management reserve” from the Module Five lecture document. A management...

Answer: Management reserve Management reserve refers to any unforeseen, unpredictable or unanticipated work, circumstances and events encountered by a project...

Question: Write a report of 200–400 words about the repeatability and reproducibility of the measurement...

Answer: IntroductionIn a Six Sigma project undertaken to reduce quality errors in the painting process of a company that produces metal parts for A/C systems,...

Question: Read this article that explains the importance of repeatability and reproducibility of a measurement...

Answer: A service process needs efforts directed towards the customers demands. In return to the fulfillment of these demands, the service generates not only ...

Question: Review this example to learn how individual effectiveness of each inspector is calculated, besides r...

Answer: The problems associated with the measurement errors in any measurement system remains a critical problem area. Inspectors have different human judgmen...

Question: Read this case study about a consulting company that improved customer satisfaction by employing R&a...

Answer: Variations are common in any operations, be it the data collection process or any important operation. But the vital discussion area remains to remove...

Question: Read this case study that discusses how quality is achieved at an Iowa Hospital via the PDSA ap...

Answer: Introduction The PDSA model which stands for Plan-Do-Study-Act was developed by Dr. W. Edwards Deming as an improvement of the PDCA improvement model ...

Question: Discussion Title: Improvement of a Hospital’s Discharge Process Read this article t...

Answer: IntroductionSix Sigma DMAIC approach provides a framework for improving customer satisfaction and reducing hassles and time involved for patient disch...

Question: Read this article that compares traditional and Six Sigma quality approaches with respect to ...

Answer: Introduction The claim of that traditional approaches to quality improvement can be “overly idealistic or not sustainable” is not without ...

Question: Read the case study that discusses the costs of poor quality. Identify at least five costs of ...

Answer: Five costs of poor quality Cost of quality represents costs that are incurred for failing to adhere to certain minimum quality standards of a product ...

Question: MANAGING QUALITY IN HEALTHCARE INDUSTRY ...

Answer: AbstractIn the Healthcare Industry, the quality of care provided has now become more than just a concept. In the US, the Institute of Medicine has lau...

Question: The research paper would be on an issue related to management of operations such as Comparison betwe...

Answer: Managing Quality in Healthcare industryAbstractIn the Healthcare Industry, the quality of care to be provided or received has now become more than jus...

Question: The first three questions refer to the attached article. For these, imagine that David Hammond has h...

Answer: The first three questions refer to the attached article. For these, imagine that David Hammond has heard of your skills in management, and has contrac...

Question: You are currently working at a large academic medical center in an urban community. For the last sev...

Answer: Large academic medical centers and community not-for-profit hospitals have very different economic and financial structures, which can affect staffing...

Question: First Discussion topic: Specific IT system applications in health services delivery fall into f...

Answer: Topic 1 Influence of Clinical Information Systems on Healthcare DeliveryClinical Information Systems (CIS) have a major positive impact on patien...

Question: Increasingly, technological change is raising serious ethical and moral issues: gene mapping of huma...

Answer: Human gene mapping, a cutting-edge technique that pinpoints individual genes and their roles, has enormous promise to enhance human health. The gene m...

Question: The concept of value (improved benefits at lower costs) is important to those who finance healthcare...

Answer: The idea of value in healthcare, which means getting better results at cheaper prices, is essential to the long-term viability and efficiency of healt...

Question: First Discussion Topic: This article from Future Technology 500, presents several examples of m...

Answer: Challenges and Opportunities of Implementing Holograms and Acupuncture Technology Brain-Computer Interfaces (BCI) BCIs have the revolutionar...

Question: Explain the salient characteristics of various types of provider organizations, including mission, p...

Answer: Working with a downtown Community health center was an honor. During my year-long position, I learned much about the distinctive qualities that make C...

Question: 1. What are the cultural beliefs and values presented in the video? 2.&...

Answer: Cultural beliefs and values The video emphasizes several cultural values and ideas, most notably the significance of interpersonal connections, c...

Question: Using the link Harvard Business Publishing found in your course Table of Contents, read the case stu...

Answer: 1. Summary of the Scenario and Key PointsThe Kleiner-Perkins and Genentech case is a prime example of the transformative convergence between scientifi...

Question: As a primary benchmark, benefits must outweigh any negative consequences. Research and evaluat...

Answer: Clinical trials play a key role in the evolution of medical treatments. These systematic examinations, involving human volunteers, assess the safety, ...

Question: The Institute for the Future predicted that new vaccines would be developed to treat noninfect...

Answer: The Health Insurance Portability and Accountability Act (HIPAA) is a pivotal law designed to safeguard the health and well-being of American citizens....

Question: Research HIPAA, and explain the following in detail: What is the date of the...

Answer: The Health Insurance Portability and Accountability Act (HIPAA) is a pivotal law designed to safeguard the health and well-being of American citizens....

Question: The text discusses forces of future change. Please choose two and offer an analysis of your choices....

Answer: Impact of Medical TechnologyThe diagnosis and treatment of patients have greatly improved thanks to medical technology. Advanced imaging techniques, i...

Question: Answer the following short-answer questions in detail. See the Final Exam Rubric for moreinformation...

Answer: What are the basic characteristics that differentiate the U.S. health care delivery system from that of other countries?The intricate combination of p...

Question: In Module Seven, you will investigate metrics for determining success in an innovative organization ...

Answer: I am employed as a financial counselor in a large medical facility. According to me none of Ekvall's 10 aspects surprised me much since taken as a who...

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