Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

I mart is a discount optical shop that can fill

08/01/2021 Client: saad24vbs Deadline: 10 Days

OPIM 301 - 201702
Assignment 1, Due date: Wednesday, February 28 @ 9:40


Note: This is an individual assignment. You can discuss with your classmates but everyone should write his/her own answers. Copying will result in a 0 grade.


No late submission will be accepted. You should write or print your answers on paper and hand in the papers to the professor at the beginning of class.


Question 1: Discuss the expression below if it is true or false. Please briefly explain your answer. “A process can be effective without being efficient.” Question 2: A company has recently implemented an automated online billing and payment processing system for orders it ships to customers. As a result, it has reduced the average number of days between billing a customer and receiving payment by 10 days. How will this affect the receivables turnover ratio?


Question 3: RSG is a company that produces refrigerator. Below is information about the inputs and outputs for one model. (Hint: You should first find the sales)


Units sold 1,300 Sale price each $1,890 Total labor hours 44,672 Wage rate $12/hour Total materials $60,000 Total energy $4,000


a. Calculate the partial productivity in labor expense. b. Calculate the total productivity.


Question 4: If the best operating level of a piece of equipment is at a rate of 400 units per hour and the actual output during an hour is 300 units what is the capacity utilization rate? Question 5: A company is considering a plan to construct an additional factory that would produce new products. There are two options that the company is considering.


First: Construct a small facility that costs of $7.1 million to build. If demand for new products is low, the company expects to receive $10.5 million in revenues with the small facility. If demand is high $13 million in revenues are expected using the small facility.


Second: Construct a large factory at a cost of $9.3 million. If demand for the new products is low, the company expects to receive $10.4 million in revenues. If demand is high $15 million in revenues are estimated.


Probability of demand being high is 0.45 and probability of demand being low is 0.55. (For both options probabilities are the same). Not constructing a new factory would result in no additional revenue since they cannot produce the new products. Construct a decision tree and find the best decision for this company.


Question 6: Discuss the expressions below if they are true or false. Please briefly explain your answers for all choices. a. “Cycle time is the ratio of the time that a resource is actually activated relative to the time that it is available for use.”


b. “A bottleneck occurs when a stage in a production process is starving.”


c. “When a make-to-order production process is used, production is based on forecasts.”


Question 7: A firm redesigned its production process so that now it takes 9.5 hours for a unit to be made. Using the old process, it took 14 hours to make a unit. If the process makes one unit each hour, on average, and each unit is worth $1,500, what is the reduction in work-in-process value?


Question 8: I-mart is a discount optical shop that can fill most prescription orders in around 1 hour. The management is analyzing the processes at the store. There currently is one person assigned to each task below. The optometrist assigned to task B takes an hour off for lunch and the other employees work the entire day.


Task Time A. Greet/register the patient 2 minutes/patient


B. Optometrist conducts eye exam 25 minutes/patient


C. Frame/lenses selection 20 minutes/patient


D. Glasses made (process can run 6 pairs of glasses at the same time)


60 minutes/patient


E. Final fitting 5 minutes/patient


For a typical 10-hour retail day (10 a.m.–8 p.m.), the manager would like to calculate the following: a. What is the current maximum output of the process per day (assuming every patient requires glasses)? b. If another person were added, where would be the logical place? c. What effect would a mail order lab (where the glasses are made off-site and returned into five or seven days) have on the process? Question 9: Assume a company is producing calculators. A fixed cost for a process of $17,000. The variable cost to produce each unit of product is $9, and the selling price for the finished product is $23. What is the number of units that has to be produced and sold to break even? Question 10: The Goodparts Company produces a component that is subsequently used in the aerospace industry. The component consists of three parts (A, B, C) that are purchased from outside and cost 40, 35, and 15 cents per piece, respectively. Parts A and B are assembled first on an assembly line 1, which produces 140 components per hour. Part C undergoes a drilling operation before being finally assembled with the output from assembly line 1. There are in total six drilling machines, but at present only three of them are operational. Each drilling machine drills part C at a rate of 50 parts per hour. In the final assembly, the output from assembly line 1 is assembled with the drilled part C. The final assembly line produces at a rate of


160 components per hour. At present, components are produced eight hours per day and five days per week. Management believes that if need arises, it can add a second shift of eight hours for the assembly lines. The cost of assembly labor is 30 cents per part for each assembly line; the cost of drilling labor is 15 cents per part. For drilling, the cost of electricity is one cent per part. The total overhead cost has been calculated as $1,200 per week. The depreciation cost for equipment has been calculated as $30 per week. a. Determine the process capacity (number of components produced per week) of the entire process. b. Suppose a second shift of eight hours is run for assembly line 1 and the same is done for the final assembly line. In addition, four of the six drilling machines are made operational. The drilling machines, however, operate for just eight hours a day. What is the new process capacity (number of components produced per week)? Which of the three operations limits the capacity? c. Management decides to run a second shift of eight hours for assembly line 1 plus a second shift of only four hours for the final assembly line. Five of the six drilling machines operate for eight hours a day. What is the new capacity? Which of the three operations limits the capacity? d. Determine the cost per unit output for questions (b) and (c).

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

University Coursework Help
Top Essay Tutor
Helping Hand
Writer Writer Name Offer Chat
University Coursework Help

ONLINE

University Coursework Help

Hi dear, I am ready to do your homework in a reasonable price.

$102 Chat With Writer
Top Essay Tutor

ONLINE

Top Essay Tutor

I have more than 12 years of experience in managing online classes, exams, and quizzes on different websites like; Connect, McGraw-Hill, and Blackboard. I always provide a guarantee to my clients for their grades.

$105 Chat With Writer
Helping Hand

ONLINE

Helping Hand

I am an Academic writer with 10 years of experience. As an Academic writer, my aim is to generate unique content without Plagiarism as per the client’s requirements.

$100 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

Hy dairies case study analysis - Dow 795 data sheet - Thirty randomly selected students took - Cancer graphic organizer - Vhdl code for 3 to 8 decoder - What does radley balko claim in this essay - The computer workstation furniture manufacturing that santana rey - Material and workmanship warranty - American Government - Physics 12 circular motion worksheet 2 answers - Flds seed bearers ceremony - Mj and shrooms but no ivdu - How does light sensor work - Draft #2 research paper - Week 11-6512 - Case 3 walmart manages ethics and compliance challenges answers - University of houston downtown blackboard - Audience analysis survey for persuasive speech - Math Roller Coaster Polynomial Assignment - Zenger folkman 16 competencies - Sin arcsin x arccos x - A monoslope roof truss is loaded as shown - According to the lines in bold, what is one reason for schenck’s indictment? - W6 - Windows server 2008 multiple choice questions and answers - Economics - Http www albion com netiquette netiquiz html - 10 minute micro teach examples - Homework - Kinematic viscosity of asphalt - Coefficient of discharge in Venturimeter - Richard taylor three characteristics for a meaningful life - State based action coalitions - Unit 4 DB - Texas tech application essay - Moodle vle holly lodge - Impact of digitalization on indian society - C717 task 2 - Axe peace print advert - How to make an appendix in powerpoint - Automatic garment folding machine - Unfolding clinical reasoning case study answers - Crafting and executing strategy chapter 3 - Context level dfd diagram - Business intelligence course unisa - Marketing Mgmt - Reflection, Discussion and Assignment - Discussions-A - Bbc ucas tariff points - In a study of the accuracy of fast food - Http www strategicbusinessinsights com vals surveynew shtml - Azad jammu kashmir university - Triple j frequency geelong - Phd interview questions and answers in information technology - Responses topic 4 - Scaruffi boards of canada - Components of a classroom management plan - Discussion 3 - Mary shelley frankenstein 1831 mla citation - Chapter 5 entrepreneurship section 5.2 the business plan worksheet answers - Environmental Essay - Freedom writers comprehension questions - Oxidation numbers and redox worksheet answers - Observation and experiment introduction to the scientific method lab answers - Single phase kwh meter - Apple - English 12 - Purchased car for personal use journal entry - Integrated leadership system aps - What is life seeing tourism - Anecdotal comments for students - Vold's theoretical criminology 7th edition ebook - Water in our world cpalms - Percy jackson chapter 15 summary - Is forcible touching a registerable offense - Electromagnetic spectrum webquest answer key pdf - International marketing terpstra foley sarathy pdf - Snl junk in a box censored - American golf corporation careers - Rules of chivalry for knights - Week 6 Discussion 1 Physiology and Pathophysiology - Eli lilly ranbaxy joint venture case - Reading Recommendations - Discussion Post T6:Q2 - Fairy tail chapter 253 discussion - Legal,Ethical,&social environment - Password checker online domain tools - Ethical decision making paper scenario 1 - Photosynthesis and cellular respiration practice test - Narrative Essay Rough Draft (SLO#1-8) - Lab 05: Photosynthesis - Risk management competency framework - Racq roadside assist qld - Ethica and Legal Aspects of Nursing Practice DQ 8 student reply Dianelys Pons - Gucci target market 2019 - Health professional and medical salaries state award - Australia council award for lifetime achievement in literature - Barbarian at the gate stock meaning - Care plan self care deficit - Shakespeare soliloquies and monologues - Individual presentation - career plan