New Semester
Started
Get
50% OFF
Study Help!
--h --m --s
Claim Now
Question Answers
Textbooks
Find textbooks, questions and answers
Oops, something went wrong!
Change your search query and then try again
S
Books
FREE
Study Help
Expert Questions
Accounting
General Management
Mathematics
Finance
Organizational Behaviour
Law
Physics
Operating System
Management Leadership
Sociology
Programming
Marketing
Database
Computer Network
Economics
Textbooks Solutions
Accounting
Managerial Accounting
Management Leadership
Cost Accounting
Statistics
Business Law
Corporate Finance
Finance
Economics
Auditing
Tutors
Online Tutors
Find a Tutor
Hire a Tutor
Become a Tutor
AI Tutor
AI Study Planner
NEW
Sell Books
Search
Search
Sign In
Register
study help
business
operations management 6th
Operations Management Sustainability And Supply Chain Management 13th Global Edition Jay Heizer, Barry Render, Chuck Munson - Solutions
How does Red Lobster, described in the Global Company Profile, find competitive advantage in its supply chain? lop5
What is SCOR, and what purpose does it serve? lop5
Choose a local establishment that is a member of a relatively large chain. From interviews with workers and information from the Internet, identify the elements of the supply chain.Determine whether the supply chain supports a low-cost, rapid response, or differentiation strategy (refer to Chapter
Kamal Fatehl, production manager of Kennesaw Manufacturing, finds his profit at $15,000 (as shown in the following statement)—inadequate for expanding his business. The bank is insisting on an improved profit picture prior to approval of a loan for some new equipment. Kamal would like to improve
A company buys an item for €50 and sells it for €75.The annual sales and average stock of this item are 10,000 units and 1,600 units, respectively, while the carrying cost is 20% of its acquisition cost. Calculate:a) inventory turnoverb) weeks of supplyc) annual gross profitd) average
An excerpt from Kalamia manufacturing company’s last year’s final annual report revealed the following information:CATEGORY PART NO.AVERAGE INVENTORY UNIT VALUE UNITS €Raw materials RSI - 1 200 3 RSI - 2 50 2 RSI - 3 300 1 RSI - 4 100 3,5 Work-in-process CSI - 1 50 10 CSI - 2 250 15 Finished
A company has supplied the following data with respect to its three different types of fertilizers:ANNUAL DEMAND AVERAGE INVENTORY COST PER SACK FERTILIZER SACKS SACKS €10-10-10 30,000 5,000 18 16-16-16 20,000 3,000 15 20-10-5 10,000 2,000 20 Calculate (assuming 50 sales weeks annually):a) The
The plant manager, Murat Kristal, at York Technologies makes Aircraft Navigation Systems. He expects you, as the new OM analyst, to provide some insight for performance of the plant. High on his list is an understanding of his inventory turnover based on the financial data in Table 11.10. He
Based on the data in Table 11.10 determine:a) How many weeks of finished goods were on hand at the end of last year.b) How many weeks of finished goods were on hand at the end of this year. lop5 TABLE 11.10 For Problems 11.9, 11.10, and 11.11 Sales Cost of goods sold Gross margin LAST YEAR $
What are the advantages of each of Darden’s four supply chains? lop5
What are the complications of having four supply chains? lop5
Where would you expect ownership/title to change in each of Darden’s four supply chains? lop5
How do Darden’s four supply chains compare with those of other firms, such as Dell or an automobile manufacturer? Why do the differences exist, and how are they addressed? lop5
What other techniques might Regal use to improve supply chain management? lop5
What kind of response might members of the supply chain expect from Regal because of their “partnering” in the supply chain? lop5
Why is supply chain management important to Regal? lop5
How does this supply chain differ from that in a manufacturing firm? lop5
What are the constraints on making decisions based on economics alone at Arnold Palmer Hospital? lop5
What role do doctors and nurses play in supply chain decisions in a hospital? How is this participation handled at Arnold Palmer Hospital? lop5
Doctor Smith just returned from the Annual Physician’s Orthopedic Conference, where she saw a new hip joint replacement demonstrated. She decides she wants to start using the replacement joint at Arnold Palmer Hospital. What process will Dr. Smith have to go through at the hospital to introduce
The objective of supply chain management is to _________. lop5
The term vertical integration means to:a) develop the ability to produce products that complement or supplement the original product.b) produce goods or services previously purchased.c) develop the ability to produce the specified good more efficiently.d) all of the above. lop5
The bullwhip effect can be aggravated by:a) local optimization.b) sales incentives.c) quantity discounts.d) promotions.e) all of the above. lop5
Supplier selection requires:a) supplier evaluation and effective third-party logistics.b) supplier development and logistics.c) negotiations, supplier evaluation, supplier development, and contracts.d) an integrated supply chain.e) inventory and supply chain management. lop5
A major issue in logistics is:a) cost of purchases.b) supplier evaluation.c) product customization.d) cost of shipping alternatives.e) excellent e-procurement. lop5
Inventory turnover 5a) Cost of goods sold 4 Weeks of supplyb) Weeks of supply 4 Annual cost of goods soldc) Annual cost of goods sold 4 52 weeksd) Average inventory investment 4 Cost of goods solde) Cost of goods sold 4 Average inventory investment lop5
The following payoff table provides profits based on various possible decision alternatives and various levels of demand at Robert Klassan’s print shop: L01 DEMAND LOW HIGH Alternative 1 $10,000 $30,000 Alternative 2 $ 5,000 $40,000 Alternative 3 –$ 2,000 $50,000 The probability of low demand
Zhu Manufacturing is considering the introduction of a family of new products. Long-term demand for the product group is somewhat predictable, so the manufacturer must be concerned with the risk of choosing a process that is inappropriate. Faye Zhu is VP of operations. She can choose among batch
A news vendor wants to decide on the number of magazines to order for the next day. Based on his experience, he believes that demand for the magazine would range from 400–900 based on the following probability distribution table: L01 Demand 400 500 600 700 800 900 Probability 0.2 0.2 0.2 0.2 0.1
The city of Belgrade, Serbia, is contemplating building a second airport to relieve congestion at the main airport and is considering two potential sites, X and Y. Hard Rock Hotels would like to purchase land to build a hotel at the new airport. The value of land has been rising in anticipation and
Given the following conditional value table, determine the appropriate decision assuming that each state of nature has an equal likelihood of occurring:ALTERNATIVES STATES OF NATURE VERY FAVORABLE MARKET AVERAGE MARKET UNFAVORABLE MARKET Large plant $275,000 $100,000 -$150,000 Small plant $200,000
A construction company wants to decide on whether to bid for a new project or not. If the company decides to bid, there is a KWD 10,000 cost associated with preparing the preliminary proposal. The probability that the company will be shortlisted for the project is 60%. If the company is shortlisted
In the TV show and game “Who Wants to be a Millionaire?” the participants get four choices for each question and the questions get tougher and tougher the longer a participant stays in the game. A participant can decide to stop at any point and take the cash earned. The participant also has
Bakery Products is considering the introduction of a new line of pastries. In order to produce the new line, the bakery is considering either a major or a minor renovation of its current plant. Bill Wicker, head of operations, has developed the following conditional values table:ALTERNATIVES
Which option should François select? Explain. L01
What is the EMV for Alternative 1 in the following decision table?STATE OF NATURE Alternative S1 S2 A1 $15,000 $20,000 A2 $10,000 $30,000 Probability 0.30 0.70a) $15,000b) $17,000c) $17,500d) $18,500e) $20,000 L01
What is level scheduling? L01
How might the procedure for custom surgical packs described here be improved? L01
Barbara Flynn’s company has compiled the following data on a small set of products:ITEM ANNUAL DEMAND UNIT COST A 100 $300 B 75 100 C 50 50 D 200 100 E 150 75 Perform an ABC analysis on her data. lop5
Lynn Fish opened a new beauty-products retail store.There are numerous items in inventory, and Lynn knows that there are costs associated with inventory. However, because her time is limited, she cannot carefully evaluate the inventory policy for all products. Lynn wants to classify the items
Rate a job you have had using Hackman and Oldham’s core job characteristics (see page 445) on a scale from 1 to 10. What is your total score? What about the job could have been changed to make you give it a higher score? lop25
Make a process chart for changing the right rear tire on an automobile. lop25
Prepare a process chart for the Jackman in Solved Problem 10.1. lop25
Draw a process chart for the activities of a receptionist handling the check-in process at a hotel. lop25
If Charlene, the worker in Problem 10.13, has a performance rating of 90%, what is the normal time for the operation? Is she faster or slower than normal? lop25
A hotel housekeeper, Alison Harvey, was observed five times on each of four task elements, as shown in the following table. On the basis of these observations, find the standard time for the process. Assume a 10% allowance factor.ELEMENT PERFORMANCE RATING (%)OBSERVATIONS(MINUTES PER CYCLE)1 2 3 4
A time study has revealed an average observed time of 5 minutes, with a standard deviation of 1.25 minutes. These figures are based on a sample of 75 cycles. Is this sample large enough for analyst Anand Paul to be 99.73% confident that the standard time is within 5% of the true value? lop25
Determine the job element’s normal time and standard time. lop25
If the management uses a 95% confidence level and an accuracy of ;5%, is their current sample size sufficient? lop25
Define learning curve 812
Use the doubling concept to estimate times 814
Compute learning-curve effects with the formula and learning-curve table approaches 815
Describe the strategic implications of learning curves 818
What are some of the limitations of learning curves? lo1
Identify three applications of the learning curve. lo1
What are the approaches to solving learning-curve problems? lo1
Why isn’t the learning-curve concept as applicable in a high-volume assembly line as it is in most other human activities? lo1
What are the elements that can disrupt the learning curve? lo1
Explain the concept of the doubling effect in learning curves. lo1
What techniques can a firm use to move to a steeper learning curve? lo1
Susan Sherer, an IRS auditor, took 45 minutes to process her first tax return. The IRS uses an 85% learning curve. lo1 How long will the:a) 2nd return take?b) 4th return take?c) 8th return take?
Temple Trucking Co. just hired Ed Rosenthal to verify daily invoices and accounts payable. He took 9 hours and 23 minutes to complete his task on the 1st day. Prior employees in this job have tended to follow a 90% learning curve. How long will the task take at the end of: lo1a) the 2nd day?b) the
If Professor Laurie Macdonald takes 15 minutes to grade the first exam and follows an 80% learning curve, how long will it take her:a) to grade the 25th exam?b) to grade the first 10 exams? lo1
Elizabeth Perry, a student at SUNY, bought 6 bookcases for her dorm room. Each required unpacking of parts and assembly, which included some nailing and bolting.a) What is her learning rate?b) Assuming that the same rate continues, how long will the 3rd bookcase take?c) The 4th, 5th, and 6th cases?
Professor Mary Beth Marrs took 6 hours to prepare the first lecture in a new course. Traditionally, she has experienced a 90% learning curve. How much time should it take her to prepare the 15th lecture? lo1
Using the data from Problem E.14, how long will it take to complete the 12th plane? The 15th plane? How long will it take to complete planes 12 through 15 inclusive? At $40 per hour, what can Alwan, as purchasing agent, expect to pay for planes 12 through 15? lo1
Central Electronics Corp. produces semiconductors and has a learning curve of .7. The price per bit is 100 millicents when the volume is .7 × 1012 bits. What is the expected price at 1.4 × 1012 bits? What is the expected price at 89.6 × 1012 bits? lo1
If it took Boeing 28,718 hours to produce the eighth 787 jet and the learning-curve factor is 80%, how long did it take to produce the tenth 787? lo1
As the estimator for Rajendra Tibrewala Enterprises, your job is to prepare an estimate for a potential customer service contract. The contract is for the service of diesel locomotive cylinder heads. The shop has done some of these in the past on a sporadic basis. The time required to service the
If the first unit of a production run takes 1 hour and the firm is on an 80% learning curve, how long will unit 100 take?(Hint: Apply the coefficient in Table E.3 twice.) lo1
Professor Hayes took 20 minutes to grade the first exam. He estimates that it will take him two hours to grade all 10 exams. What learning factor is he assuming? lo1
If the first unit of a production run takes 1 hour and the firm is on an 90% learning curve, how long will unit 100 take?1. What are the advantages and disadvantages to IBM and SMT from this approach?2. How does SMT’s proposed learning rate compare with that of other industries?3. What are the
A learning curve describes:a) the rate at which an organization acquires new data.b) the amount of production time per unit as the total number of units produced increases.c) the increase in production time per unit as the total number of units produced increases.d) the increase in number of units
A surgical procedure with a 90% learning curve required 20 hours for the initial patient. The fourth patient should require approximately how many hours? lo1a) 18b) 16.2c) 28d) 30e) 54.2
The first transmission took 50 hours to rebuild at Bob’s Auto Repair, and the learning rate is 80%. How long will it take to rebuild the third unit? (Use at least three decimals in the exponent if you use the formula approach.) lo1a) under 30 hoursb) about 32 hoursc) about 35 hoursd) about 60
Which one of the following courses of action would not be taken by a firm wanting to pursue a learning curve steeper than the industry average? lo1a) Following an aggressive pricing policyb) Focusing on continuing cost reductionc) Keeping capacity equal to demand to control costsd) Focusing on
Describe the three categories of business analytics. L01
Describe the three major issues for data management and clean data. L01
What are some ways to use Excel to clean data? L01
Describe the purpose of a heat map. L01
Consider Example G1. Think of three additional items for which the manager might want to check to ensure that the data are clean. L01
Describe the three paths of data mining. L01
For the ‘Change’ column (E) in Figure G.5:a) Determine the upper and lower limits for a 3-standard-deviation accuracy check.b) Which, if any, values fall outside the limits computed in part (a)? L01
Using Figure G.2, enter $6,000 into cell E8. In that spreadsheet, any new supplier (with a ‘Y’ in column J) should have its total purchases in column D equal to its change from the previous month in column E. Analytics manager Vicky Luo wishes to set up Conditional Formatting in Excel to
Using Figure G.2, analytics manager Vicky Luo wishes to set up Conditional Formatting in Excel to ensure that all the suppliers have different supplier numbers in column B.Which Conditional formatting ‘Rule Type’ should she select? L01
Using the data in Figure G.8(b), supply chain manager Jon Jackson wishes to use Excel’s Conditional Formatting to highlight any entries in column B that are at least as large as this year’s threshold level for distributor bonuses contained in cell C2(not shown in the figure). What formula
Thompson Industries’ supply chain manager, Xun Xu, wishes to understand the makeup of his supply base better.He suggests that you, using the data in Figure G.5, use Excel to create a PivotTable that displays the number of suppliers, grouped by purchases (in groups of $15,000, starting at $1), and
Thompson Industries’ supply chain manager, Xun Xu, wishes to identify suppliers with the largest and smallest purchase levels, so he knows where to focus his purchasing resources. He suggests that you, using the data in Figure G.5, use Excel to apply Conditional Formatting to the ‘Purchases’
Thompson Industries’ CEO, Gihan Edirisinghe, wishes to identify the top-performing suppliers to present with a performance award. He suggests that you, using the data in Figure G.5, use Excel to apply Conditional Formatting to the‘On-Time’ column. Format the top 10% of cells with the
Thompson Industries’ supply chain manager, Xun Xu, wishes to better understand the quality and on-time performance of his supply base. He suggests that you, using the data in Figure G.5, use Excel to create a PivotTable that displays the number of suppliers, grouped by quality level (sorted
Operations manager Phil Witt wishes to apply the Blue – White – Red color scale using Excel’s Conditional Formatting to the following data:PLANT PRODUCTIVITY (UNITS PER LABOR-HOUR)St. Louis 30 Bentonville 42 Yakima 28 Phoenix 35 Auburn 18 L01
Which category of analytics recommends a strategy or action?a) descriptive analyticsb) predictive analyticsc) prescriptive analytics L01
Which Excel Conditional Formatting Rule Type should be used to format values in one column based on the condition of values in another column?a) Format all cells based on their valuesb) Format only cells that containc) Format only top or bottom ranked valuesd) Format only unique or duplicate
Which formatting choice for Excel’s Conditional Formatting tool can be used to create a heat map?a) icon setsb) changing the fill color of cellsc) changing font typed) data barse) color scales L01
Which business analytics tool studies the behavior of groups over time?a) cohort analysisb) trackingc) neural networksd) cluster analysise) data mining L01
List the advantages and disadvantages of modeling with simulation 829
Perform the five steps in a Monte Carlo simulation 830
Simulate an inventory problem 834
Use Excel spreadsheets to create a simulation 836
State the seven steps, beginning with “Defining the Problem,”that an operations manager should perform when using simulation to analyze a problem. lop5
Showing 2300 - 2400
of 5048
First
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
Last
Step by Step Answers
Get 50% OFF
Claim Now
