Assignment 1 rev 3 - Saved Question 1 - (4 marks) An operation has a 20% scrap rate. As a result, only 72 good pieces per hour are produced. What is the potential increase in labour productivity that could be achieved by eliminating the scrap? Question 2 - (4 marks) In chapter 4, the text provided several examples of customer feedback for product design, Provide your opinion on Assignment 1 rev 3 - Saved Question 2 - (4 marks) In chapter 4, the text provided several examples of customer feedback for product design. Provide your opinion on utilizing the customer. No more than 1 page. Note, there is not "right" or "wrong" for this question. It is marked on how well you express your thoughts. Point form is preferred. Assignment 1 rov 3 - Saved Question 3 - (10 marks) The following table provides monthly sales ($1000) at a college bookstore. The sales show a seasonal pattern, with the greatest number when the college is in session and decrease during the summer months. Calculate all seasonal factors? Then calculate the forecasted sales per month for year 5 - third quarter only. Given that a fiscal year starts in January and ends in December. In year 5 the expected to be a total of $3,600,000 Apr May Aug Sep M Jan Feb Mar Jun Jul Oct Nov Dec T 196 188 192 164 140 120 112 140 160 168 192 200 2 200 188 192 164 140 122 132 144 176 168 196 194 3 196 212 202 180 150 140 156 144 184 186 200 230 242 240 196 220 200 192 176 184 204 228 250 260 Question 4 (6 marks) Assignment 1 rev 3 - Saved 196 188 192 164 140 120 112 140 160 168 2 200 188 192 164 140 122 192 196 132 144 200 194 176 168 3 196 212 202 180 150 140 156 144 164 186 200 230 4 242 240 196 220 200 192 176 184 204 228 250 260 Question 4 (6 marks) A recruiter for a job placement agency is considering whether to pay $50,000 per year to lease a new recruiting facility in a prime location in Washington D. C. He estimates it will cost $50 per recruit to process the paperwork at this new location. He receives a $75 commission for each new recruit he processes. Part A - If the office space at this new location has design and effective capacities of 10,000 and 8,000 recruits processed annually, respectively, and 6,000 recruits will be processed per year, what will be the utilization of the office space? Part B If his office space at this new location has design and effective capacities of 10,000 and 8,000 recruits processed annually, respectively, and he plans to be 90% efficient in his use of this space, how many recruits does he plan to process per year? Question 5 (5 marks) The selling price for a type of felt-tip pen is $1 per pen. Fixed cost of the operation is $15000 per month and variable cost is 20 cents per pen. At what point will they start making a profit? How many pens must be sold to obtain a monthly profit of $15000? Question 6 (14 marks) Assignment 1 rev 3 - Saved Question 6 (14 marks) A manager must decide which type of machine to buy: A, B or C. Machine fixed costs are: Machine A B | Cost/year $50,000 $60,000 $90,000 The company makes 4 products. Productxforecasts and unit processing times on each machines are as follows: Product 1 2 3 Processing time / unit (mins) Forecasts A B 20000 3 4 2 15000 4 4 3 10000 5 6 4 OLA an Assignment 1 rev 3 - Saved | 15000 10000 4 5 3 4 6 14 40000 | 2 12 1 How many machines of each type would be needed to meet annual demand for all the products? Based on annual fixed costs, which type of machine will cost the least to satisfy the demand? (machines operate 10 hours a day, 250 days a year) Assignment 1 rev 3 - Saved Question 7 (2 marks) The president of Northern University wants to forecast student enrolments for this academic year based on the following historical data: YEAR 5 years ago 4 years ago 3 years ago 2 years ago ENROLMENTS 15,000 16,000 18,000 20,000 21,000 Last year a) What is the forecast for this year using the naive approach? b) What is the forecast for this year using a three period moving average? Assignment 1 rev 3 - Saved Question 8 (15 marks) Develop a solution for the following line balancing problem, allowing a cycle time of 5 minutes. a. Draw the precedence diagram for the set of tasks. b. Calculate the minimum number of workstations. c. Show what tasks are assigned to which stations? Using the heuristic rules(assign task with most followers) d. How much idle time is there, sumped over all workstations? e. What is the efficiency of this line? Work Task Immediate Predecessor(s) Task Time (seconds) 70 60 120 60 240 100 190 A B D E F G A B CD A EF