Question: Complete the following problems from Chapter 9 located in the Problems section at the end of Chapter 9 (Boehm Company micro case) and answer question
Complete the following problems from Chapter 9 located in the "Problems" section at the end of Chapter 9 ("Boehm Company" micro case) and answer question 1, a, b, and c, plus Chapter 10 "Problems" number 3 only (Talia's Beauty Solon Optimal Overbooking). Make sure to show the formulae and calculations for each of the questions. Write problem responses in narrative form and include data and provide tables as may be required.
1)BoehmCompressorsusesaleanproductionassemblylinetomakeitscompressors.Inoneassemblyarea,thedemandis100parts pereight-hourday.Itusesacontainerthatholdseightparts.Ittypicallytakesaboutsixhourstoround-tripacontainerfromone workcentertothenextandbackagain.Italsodesirestohold15%safetystockofthispartinthe system.
a.HowmanycontainersshouldBoehmCompressorsbeusing?
b.Calculatethemaximumsysteminventoryforthispart.
c.Ifitreducedthenumberofcontainersbyone,howwouldthisimpacttherequiredround-triptime,allelsebeingconstant?
10)Giventhefollowinginformation,determinetheoptimaloverbookingpolicyforTalia'sBeautySalon. Thesalon'scapacityis8patrons. Thehistoricnumberofno-showsforatypicaldayalongwiththeprobabilityofoccurrenceisshowninthetable.Theaverage profitabilityperpatronis$100andthecostoflostgoodwillperpatronduetooverbookingis approximately$50.

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