Question: Part b and c please. I did part a Cooper River Glass Works (CRGW) produces four different models of desk lamps as shown on the

Part b and c please. I did part a Cooper River

Part b and c please. I did part a Cooper River

Part b and c please. I did part a

Cooper River Glass Works (CRGW) produces four different models of desk lamps as shown on the flowchart. The operations manager knows that total monthly demand exceeds the capacity available for production. Thus, she is interested in determining the product mix which will maximize profits. Each model's price, routing, processing times, and material cost is provided in the flowchart. Demand next month is estimated to be 300 units of model Alpha, 150 units of model Bravo, 17! units of model Charlie, and 250 units of model Delta. CRGW operates only one 8 hours shift per day and is scheduled to work 20 days next month (no overtime). Further, each station requires a 10% capacity cushion (that is only 90% production time is available) Click the icon to view the Cooper River Glass Works Flowchart. a. Which station is the bottleneck? The bottleneck is Station 2, with a total load of 300 minutes for the next month. (Enter your response as a whole number.) b. Using the bottleneck-based method, what is the optimal product mix and what is the overall profitability? The product mix obtained using the bottleneck method is as follows. (Enter your responses as whole numbers. If your answer has decimal places, round your response down to the next whole number.) More Info -X This product mix yield Alpha $10/ Step 1 Step 2 Step 3 Step 4 Station 1 Station 2 Station 3 Station 4 (10 min) (5 min) (15 min) (10 min) Raw materials Product: Alpha Price: $95/unit Demand: 300 units/month Bravo $10/ Step 1 Step 2 Station 2 Station 3 (20 min) (10 min) Product: Bravo Price: $75/unit Demand: 150 units/month Raw materials Charlie $8 Step 1 Step 2 Step 3 Step 4 Station 1 Station 2 Station 3 Station 4 (5 min) (15 min) (5 min) (20 min) Raw materials Product: Charlie Price: $70/unit Demand: 175 units/month Delta $5 Step 1 Step 2 Step 3 Step 4 4 Station 1 Station 2 Station 3 Station 4 (20 min) (5 min) (10 min) (10 min) Raw materials Product: Delta Price: $80/unit Demand: 250 units/month Enter your answer in All parts showing Check Answer b. Using the traditional method, which bases decisions solely on a products contribution to profits and overhead, what is the optimal product mix and what is the overall profitability? The product mix obtained using the traditional method is as followe. (Enter your responses a whole numbers. your answer tus decimal places, round your response down to the next whole number) Product Units to be produced Alpha Brave Charlie Delta This product mix yields a profit or Enter your response as a whole number) c. Using the bottleneck-based method, what is the optimal product mix and what is the overal profitability? The product mix obtained using the bottleneck method is as follows. (Enter your responses as whole numbers. Nyour answer has decime places, round your reaponse down to the next whole number) Units to be produced Alpha Product Bravo Charlie Delta This product mix yields a profit of (Enter your response as a whole number)

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!