Question: Assignment #1 MGMT 6020 1. Examine the process flow chart below. The process is stable. The following information is known. Process Storage Average Inventory ???

Assignment #1 MGMT 6020 1. Examine the process

Assignment #1 MGMT 6020 1. Examine the process flow chart below. The process is stable. The following information is known. Process Storage Average Inventory ??? 1 2 3 4 Activity Time (minutes) 20 15 12 15 15 20 30 1 2 3 4 5 6 7 5 6 7 1.5 5.167 It is also known that after process 2, 25% of the flow units move on to storage 3 and the remaining 75% are routed to storage 5. As well after process 5, 70% of the flow units move on to storage 7 while 30% move on to storage 6. If the entering flow rate is 40 units per hour, and if the overall inventory level throughout the process is 74.8333, answer the following questions. Store Process Store Process Store Process Store 6 Process Store Process Store Department B Store Process o Process Finished a) What is the total inventory in department B (store 3. process 3, store 4, and process 4)? b) What is the flow time (T) for the entire process? If you assume no waiting occurs, what is the flow time for the entire process? Assignment #1 MGMT 6020 1. Examine the process flow chart below. The process is stable. The following information is known. Process Storage Average Inventory ??? 1 2 3 4 Activity Time (minutes) 20 15 12 15 15 20 30 1 2 3 4 5 6 7 5 6 7 1.5 5.167 It is also known that after process 2, 25% of the flow units move on to storage 3 and the remaining 75% are routed to storage 5. As well after process 5, 70% of the flow units move on to storage 7 while 30% move on to storage 6. If the entering flow rate is 40 units per hour, and if the overall inventory level throughout the process is 74.8333, answer the following questions. Store Process Store Process Store Process Store 6 Process Store Process Store Department B Store Process o Process Finished a) What is the total inventory in department B (store 3. process 3, store 4, and process 4)? b) What is the flow time (T) for the entire process? If you assume no waiting occurs, what is the flow time for the entire process

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!