Products A and B need to go through four work stations to be made Unit revenue for

Fantastic news! We've Found the answer you've been seeking!

Question:

Products A and B need to go through four work stations to be made

Unit revenue for A is $50, for B is $42
Inter arrival time for any product: 9min with std: 1 min
work station 1: 7min for A, std dev: 5min; 7.4 min for B, std dev: 2.5min

work station 2: 8.7 min for A, std dev: 5min; 9.4min for B, std dev: 2.5min

work station 3: 9.4 min for A, std dev: 5min; 7.8min for B, std dev: 2.5min

work station 4: 8.1 min for A, std dev: 5 min; 8.6 min for B, std dev: 2.5min

Find the product mix that will generate the maximum revenue and still allow the system to be stable, such that WIP(work in progress) does not fluctuate wildly and increase indefinitely.

Posted Date: Nov 15, 2021 05:25 AM

See More Questions

A specialty chemicals facility manufactures two products A and B in barrels. Products A and B utilize thy same raw material; A uses 120 kg/bbl, while B requires 100 kg/bbl. There is an upper limit on...
For this exercise you need to go through the various information challenges and identify the most suitable market research approach it should use to help gather information. Henrys Hometown Pizza has...
Future sales of two products A and B are given by S A = 5e 0.01t and S B = 2e 0.02t . Find the time, t, when sales of the two products are the same.
1. Prepare program using threads in java that can print 10 times the numbers 1,2,3,4,5 in a series. 2. Prepare program using threads and a semaphore in java that can print the numbers 1,2,3,4,5 in a...
CheapPhones, one of Josie's customers who is facing tight cash flow problems, wants to return about 100 defective cell phones. Talk2Me tells Josie to bring the phones back to headquarters. Fearing...
What factors contributed to Johns Manvilles long silence on the dangers of asbestos?
In the space surrounding Earth, the main component of the planet's magnetic field is the field due to a magnetic dipole. In what direction is Earth's magnetic dipole moment?
Sarah plans to purchase a forward contract on 180-day bank bills, to be delivered at the end of 90 days, with face value of $200,000. The current spot rate for 270-day bank bills is 3.26% p.a....
(a) The equity share of VCC Ltd. is quoted at Rs. 210. A 3-month call option is available at a premium of Rs. 6 per share and a 3-month put option is available at a premium of Rs. 5 per share....
How could the city have avoided the outcome? Explain. Do you think that it would have made sense for the city to consider the particulars of the circumstances here, such as that these were...
Mason (single) is a 50 percent shareholder in Angels Corporation (an S Corporation). Mason receives a $188,000 salary working full time for Angels Corporation. Angels Corporation reported $432,000 of...
For what cash management service do banks offer safe transit of deposits, with safeguards such as dual custody processing?
Now that we've looked at the operations of the stock market, let's review how well we can predict the future. If you had an aunt who offered to buy you 50 shares of any stock you desired, which...
Assume quantities do not need to be integers. There are 1,000 wheat farmers each of whose marginal cost of production is given by MC(t)=17 (6/10) t, where t is the number tons produced by that...
Audi car dealership launches a limited edition sports car with advanced features and a high price. Despite the steep price, there is a significant increase in demand, leading to a quick sell-out of...
Puan Jasmin is considering a project that requires an initial investment of RM120,000 and this is a 5-year project. This project is expected to have an after-tax cash flow of RM20,000 per year for...
As a general rule, payment of an amount that is less than what is actually owed is not consideration for a full discharge of an obligation. However there are many exceptions. Choose one of these...
(a) What do data breach notification laws require? (b) Why has this caused companies to think more about security?
What is the difference between a firm's gross profit margin, operating profit margin, and net profit margin?
Tsingtao Companys balance sheet shows a stockholders equity book value (total common equity) of $$800,500.$ The firms earnings per share were $$3.50,$ resulting in a price/earnings ratio of...
The balance sheet and income statement for the Papua New Guinea Coconut Company are as follows: Income Statement ($000) Balance Sheet (5000) Cash Accounts receivable Inventories $ 550 2,500 1.100...

Products A and B need to go through four work stations to be made Unit revenue for

Question:

Expert Answer:

Product A should be produced at a rate of 60 per hour while product B should be produced at a rate ... View the full answer

Students also viewed these general management questions