subject
Business, 05.05.2020 23:00 wrivera32802

Consider a two-station production line (1à2) with ample raw material input available. You can think of the line as a process and the stations as resources performing specific process steps. Station 1 consists of a single machine that has potential daily production of two, three, four, or five units, with each outcome being equally likely to occur. Station 2 consists of a single machine that has potential daily production of either three or four units, both of which are equally likely. So, the average production rate of each station is 3.5 units per day. Answer the following questions (at most 25 points are required): 1. If you allow as much buffer inventory between the two steps as needed, compute the expected daily process capacity of the line.2. If no buffer inventory is allowed between the two stations (process steps), compute the expected daily process capacity of the line. [Hint: It may be useful to mentally simulate the line for each daily production outcome at each station and note the lines output.] If you cannot compute the exact capacity, then (i) discuss how (an approach) to determine the process capacity of the line and (ii) discuss how the capacity in a line with no buffer inventory will compare to your answer in part I. A.1 above. 3. How does the process capacity change with the amount of buffer inventory allowed between the two steps? What process principle(s) or idea(s) from OM7011 does question I. A.2 above illustrate.4. Suppose a second machine (identical to the existing one) is be added to either station 1 or station 2. Add this second machine to the station of your choice (either station 1 or 2 will do) and then compute the new process capacity of the line without buffer inventory between stations.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 22:50
Synovec co. is growing quickly. dividends are expected to grow at a rate of 24 percent for the next three years, with the growth rate falling off to a constant 7 percent thereafter. if the required return is 11 percent, and the company just paid a dividend of $2.05, what is the current share price? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Answers: 2
question
Business, 22.06.2019 10:20
Sye chase started and operated a small family architectural firm in 2016. the firm was affected by two events: (1) chase provided $25,000 of services on account, and (2) he purchased $2,800 of supplies on account. there were $250 of supplies on hand as of december 31, 2016. record the two transactions in the accounts. record the required year-end adjusting entry to reflect the use of supplies and the required closing entries. post the entries in the t-accounts and prepare a post-closing trial balance.
Answers: 1
question
Business, 22.06.2019 11:50
After graduation, you plan to work for dynamo corporation for 12 years and then start your own business. you expect to save and deposit $7,500 a year for the first 6 years (t = 1 through t = 6) and $15,000 annually for the following 6 years (t = 7 through t = 12). the first deposit will be made a year from today. in addition, your grandfather just gave you a $32,500 graduation gift which you will deposit immediately (t = 0). if the account earns 9% compounded annually, how much will you have when you start your business 12 years from now?
Answers: 1
question
Business, 22.06.2019 12:00
Select the correct answer. martha is a healer, a healthcare provider, and an experienced nurse. she wants to share her daily experiences, as well as her 12 years of work knowledge, with people who may be interested in health and healing. which mode of internet communication can martha use? a. wiki b. email c. message board d. chat e. blog
Answers: 2
You know the right answer?
Consider a two-station production line (1à2) with ample raw material input available. You can think...
Questions
question
Arts, 30.08.2020 14:01
question
Advanced Placement (AP), 30.08.2020 14:01
question
Mathematics, 30.08.2020 14:01
question
Mathematics, 30.08.2020 14:01
question
Chemistry, 30.08.2020 14:01
question
Mathematics, 30.08.2020 14:01
question
Mathematics, 30.08.2020 14:01
question
Mathematics, 30.08.2020 14:01
Questions on the website: 13722367