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Apr 3, 2024
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NAME: Jordan Masson
IET 405: Production & Inventory Control
Assignment /Case
study 1
(10
points
)
Math Problems (2.5 points)
Question 1 (Chapter 2, page 108 of textbook):
Perform the two-coin toss experiment discussed in Appendix 2A (page 96-97) by flipping two coins (a penny and a nickel) 50 times and recording the outcome (H or T for each coin) for each flip.
Compute the following:
a.
Estimate the probability of two heads given at least one head by counting the number of (H, H) outcomes and dividing by the number of outcomes that have at least one head. How does this compare to the
true value of one-third computed in Appendix 2A? (1.25 points)
41%, the calculated value given here is slightly larger than the 33% in appendix 2A.
Suppose we have the following outcomes:
( H , H ) ( T , H ) ( H , T ) ( H , H ) ( T , T )
( H , H ) ( T , T ) ( T , T ) ( H , T ) ( H , T )
( T , H ) ( T , H ) ( T , T ) ( H , H ) ( T , H )
( H , H ) ( H , T ) ( H , T ) ( T , T ) ( H , H )
( H , T ) ( H , T ) ( H , H ) ( H , H ) ( T , H )
( H , T ) ( T , T ) ( H , H ) ( T , T ) ( H , H )
( H , H ) ( T , H ) ( H , H ) ( T , H ) ( T , T )
( T , H ) ( H , H ) ( T , H ) ( H , T ) ( H , H )
( H , H ) ( H , T ) ( H , H ) ( T , T ) ( T , T )
( T , H ) ( H , T ) ( T , T ) ( H , T ) ( H , T )
b.
Estimate the probability of two heads given that the penny is a head by
counting the number of (H, H) outcomes and dividing by the number of outcomes for which the penny is a head. How does this compare to the true value of one-half computed in Appendix 2A? (1.25 points)
55%, this is very close to the theoretical value calculated in the book.
NAME: Jordan Masson
Question 2 (Chapter 2, page 108 of textbook)
:
Basic Probability (2.5 points)
Recall the game show
Let’s Make a Deal. You are a contestant and there is a fabulous prize behind door number 1, door number 2, or door number 3. You have chosen door number 1. The host of the show opens door number 3 revealing a not-so-fabulous prize, and asks you if you want to change your mind. You have watched the show for a number of years and have noticed that the host always offers contestants the option of switching doors. Moreover, you know that when the host has a choice of doors to open (e.g. the prizes behind both doors 2 and 3 are duds), he chooses randomly. Should
you switch to door 2 or stick with door 1 in order to maximize your chances of winning the fabulous prize?
Find the following:
i.
Find the probability of winning the fabulous prize with the decision not to switch. (1.25 points)
33%, you have a 1 in three chance of winning on your first selection. ii.
Find the probability of winning the fabulous prize with the decision to switch. (1.25 points)
66% if you switch your selection, but if you choose not to switch the probability remains at 33%
Q. 3: Descriptive
Problems Chapter 1
Study
Questions
(2.5 points)
(page
47-48)
a.) Name two post World War II trends in management that have
contributed to the decline of American manufacturing. (1 point)
a.
The “fast track manger”
b.
Focusing more on financial growth and marketing
b.) Give some pros and cons of the portfolio management approach to
managing a complex manufacturing enterprise (1 point)
a. Pros:
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Related Questions
Question No. 1
Problem Statement: Hotel Booking System
It would require the customers to get registered by simply providing some basic information of themselves like First Name (any string of 10 alphabets), Last Name (any string of 10 alphabets), Passport Number (any alphanumeric string of 8 chars) and Age (age must be 18 or above).
During the room-booking process, the user is required to select the room type via dropdown i.e. Single (1-2), Double (2-3), Quad (4-6). Then user can search for a period of a year into the future using the date field to see the availability of rooms. User cannot search for past dates or after the maximum date. User then needs to enter the number of rooms of that type he/she wishes to book in a textbox. Up to 5 rooms can be booked in one go. Lastly, user is required to enter the number of guest(s) in a textbox. The number of guest(s) should…
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Question 2 b
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Question 33
The processing times of five jobs are given as follows:
Job
Processing time (minutes)
A
20
B
60
C
30
D
75
E
15
Assume the jobs arrived in alphabetical order of the job name and no other job arrives in the next 200 minutes. What is the average inventory if the jobs are processed in shortest processing time (SPT) order?
Group of answer choices
3.00
2.92
1.97
2.20
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Question 2:
A manager wants to assign tasks to workstations as efficiently as possible and achieve an hourly output of 28 units. Assume the shop works a 56-minute hour. Assign the tasks shown in the accompanying precedence diagram (times are in minutes) to workstations using the following rules: (SEE PHOTO)
a. What is Cycle time? (Round your answer to 1 decimal place.)
In order of most following tasks. Tiebreaker: greatest positional weight. (Use your rounded cycle time. Enter your tasks in the order they were assigned at each station as a letter between a and h in lowercase with no other text or symbols. Round your numerical answers to 1 decimal place.)
What is Efficiency? (Use your rounded cycle time in the denominator of your efficiency calculation. Round your answer to 1 decimal place.)
b. In order of greatest positional weight. Tiebreaker: most following tasks. (Use your rounded cycle time. Enter your tasks in the order they were assigned at each station as a letter between a and…
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Questions from d-f please
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Multiple choice question
7. Lot sizing is selecting the _______ size of a batch of products to be manufactured to meet the ________ of the process.
a) Smallest/demand
b) Largest/supply
c) Required/requirements
d) Optimal/requirements
e) None of the above
9. Identify the incorrect statement:
a) Capacity is a critical resource
b) Capacity is an infinite resource
c) Capacity is never constant
d) Capacity can be defined as a dimension of time
e) None of the above are incorrect
10. The break-even point is where:
a) Total income = Fixed cost + (variable costs x quantity produced).
b) Total costs = Fixed costs.
c) Variable costs x quantity produced = price per unit x quantity produced
d) None of the above
10. Aggregate planning decisions are __________ decisions defining the parameters within which an organisation will operate.
a) Strategic
b) Tactical
c) Top management
d) Stakeholder
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Question 12
A project oriented process flow is more flexible than an assembly line orientation.
Group of answer choices
a. True
b. False
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Question 34
Consider the processing times and priorities for four jobs:
Job
Processing time
(minutes)
Weight/Priority
(cost per minute)
A
10
6
B
2
1
C
50
2
D
16
10
Assume the weighted shortest processing time (WSPT) rule is used. Which job should be processed third?
Group of answer choices
A
B
C
D
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Question:
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The company you are working for is a multinational company and has a very strict procurement procedure and procurement audit is mandatory at the end of the project. What steps you should follow for procurement of these items for your project. You also need to develop the Bill of Quantity (BOQ) of the products that you want to procure. Also develop a Purchase order for the same.
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Question 3:
A catering company must have the following number of clean napkins available at the beginning of each of the next four days: day 1: 15, day 2: 12, day 3: 18, and day 4: 6. After being used, a napkin can be cleaned by one of two methods: fast service or slow service. Fast service costs $0.10 per napkin, and a napkin cleaned via fast service is available for use the day after it is last used. Slow service costs $0.06 per napkin, and a napkin cleaned via slow service is available two days after they were last used. New napkins can be purchased for a cost of $0.20 per napkin.
Part A: Formulate the problem as a minimum cost transportation problem.
Part B: Use Excel Solver to solve the problem (provide exact values for all variables and the optimal objective function).
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Computers used by staff during the project
Packaging for the video game
Animations created for the game
Research time to develop characters and stories
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QUESTION 1
The "Early Bird" Time Management Style likes to make ______ ______ lists.
QUESTION 2
The "Balancing Act" Time Management Style knows what he or she is __________________ of and knows how to get the most out of their classes.
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QUESTION 2
In process charts, the symbol used for transportation is,
a.
Circle
b.
Square
c.
Arrow
d.
Triangle
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Question 32
The processing times of four jobs are given as follows:
Job
Processing time (minutes)
A
10
B
30
C
16
D
24
Assume the jobs arrived in alphabetical order of the job name and no other job arrives in the next 70 minutes. What is the average flow time in minutes if the jobs are processed in shortest processing time (SOP) order?
Group of answer choices
166
41.5
38
20.5
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Question 1
Posh Nails
Katie Posh runs an upscale nail salon. The service process includes five activities that are conducted in the sequence described below. (The time required for each activity is shown in parentheses):
Activity 1: Welcome a guest. (1 minute)
Activity 2: Clip and file nails. (3 minutes)
Activity 3: Paint. (5 minutes)
Activity 4: Dry. (10 minutes)
Activity 5: Check out the customer. (4 minutes)
Three servers (S1, S2, and S3) offer the services in a worker-paced line. The assignment of tasks to servers is the following: S1 does Activity 1. S2 does Activities 2 and 3. S3 does Activities 4 and 5. The drying process does not require server 3’s constant attention; she/he needs to only escort the customer to the salon’s drying chair (equipped with fans for drying). The time to do this is negligible. There exists only one drying chair in the salon.
Which resource is the bottleneck of the process?
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Flag question: Question 20
What is the minimum information on the customer invoice?
Group of answer choices
Invoice date and address
Invoice date and sub total
Invoice date, and tax
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Q#5: Determine take time of following
(Remaining part)
d) If a process has 28,000 seconds available to complete work per shift, and 800 pieces are required to meet customer demand, how often do you need to complete a piece to meet that demand?
Takt time = ?
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Question 1You have just been hired as the director of operations for James Candy, a purveyor of beautiful candies. James Candy has two kitchen layouts under consideration for its recipe-making and testing department. The strategy is to provide the best kitchen layout possible so that food scientists can devote their time and energy to product improvement, not wasted effort in the kitchen. You have been asked to evaluate these two kitchen layouts and to prepare a recommendation for your boss, Mr. James so that he can proceed to place the contract for building the kitchens.Question 2
9.7) James Candy ( see problem 9.6) is considering a third layout, as shown below. Evaluate its effectiveness in trip-distance feet.
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QUESTION 29
A _____ must be achieved to fulfill a company’s mission.
a.
critical success factor
b.
vision competency
c.
core competency
d.
key performance factor
QUESTION 38
Transaction processing (TP) systems _____.
a.
simulate human reasoning by combining a knowledge base and inference rules that determine how the knowledge is applied
b.
process data generated by day-to-day business operations
c.
provide job-related information to users at all levels of a company
d.
include email, voice mail, fax, video conferencing, word processing, automated calendars, database management, spreadsheets, and integrated mobile computing systems
QUESTION 40
The systems implementation phase of the systems development life cycle (SDLC) includes an assessment, called a _____, to determine whether the system operates properly and if costs and benefits are within expectation.
a.
systems estimation
b.
systems…
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Which of the following describes the activity when the hotel closes available rooms on certain dates?
Question 4 options:
a)
Room control
b)
Blackout dates
c)
Occupancy management
d)
Room coordination
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Question : Describe in detail about the facility layout of a garment industry.
Need urgent answer.
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Question 1:
According to the Columbia Accident Investigation Board, the root cause of the Columbia disaster was directly tied to Management’s unwillingness to adequately address the tradeoffs between the program’s conflicting goals of:
Group of answer choices
A) Cost, schedule, and safety
B) Schedule, morale, and risk
C) Safety, customer satisfaction, and schedule
D) Cost, risk, and test flights
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Question 1
Four floral arranging jobs are to be carried out across three stations: A (Arrange), B (Bag), C (crop) shown. The station sequences and job times in minutes are shown below, along with the due dates for each job. Using an "earliest due date" job dispatching priority rule, which, if any, of the jobs in will be late? Tip: create a Gantt chart schedule before answering Questions 4 & 5.
a. Jobs 2 & 3
b. Jobs 3 & 4
c. Job 3
d. Job 4
e. None of the jobs will be late
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Question R .Business Case: Big Data Analytics is the “Secret Sauce” for Revitalizing McDonald’s
Is McDonald’s product oriented or customer oriented?
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(ii) Illustrate the flow (throughput) times to complete the baking and decorating on atimeline chart.
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QUESTION 5a. A Chef bakes and decorates cakes in a two-stage process. The cakes are baked and once cooledthey are then decorated based on the clients’ requirements. The Chef received seven orders forfully decorated cakes and has documented the orders with respective processing times for bakingand decorating, as shown in Table 7 that follows:.Table 7. Cake Job Orders received by the Chef with the respective processing times for Baking andDecoratingCake Job Order Baking Processing Time Decorating Processing TimeA 2 1B 8 5C 4 6D 9 7E 7 8F 9 6G 3 5
(i) Using Johnson’s Rule, determine the optimum sequence for processing the cake joborders through the baking and decorating stages.
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QUESTION THREEa) Zambia Breweries has a backlog of 250 crates of Fanta drinks at the end of December. The demand of Fanta drinks is expected to be 400 crates in January, 500 crates in February and 550 crates in March. Each worker can produce 50 crates of drinks per month with regular wage costing the company K10 000 per worker per month. Hiring cost has been calculated to be K25 000 per. Hiring cost has also been calculated to be K50 000 per worker. Backlog cost have been determined to cost the company K250 per worker. There are no cost associated with carrying the inventory.
Develop a level of production plan (aggregate plan) and determine the cost.
b) Explain why aggregate planning is necessary in production and operation management.c) Define the meaning and what happens at each of these aggregate capacity planning;i) Matching Demand approachii) Level Capacity approach.
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