Chapter 13 Practice Problems 4, 5, 6
4.) Using the Excel template Aggregate Planning to try to find the best production strategy for the
Golden Beverages example to minimize the total cost. Note that the chase demand strategy has a
Chapter 11 Study Guide
Retained earnings = Cumulative total of all net profits over the life of the business Cumulative total of
all dividends paid over the life of the business
Owners Equity = Owners investment + Cumulative profits Cumulative dividends p
Chapter 7 Practice Problems 10, 11, 12
10.) A checkout line at a grocery store takes an average of 3 minutes to ring-up a customers order. On
average four customers are in the checkout line. What is the average number of customers
Chapter 16 Practice Problems 4, 7, 11, 15
4.) Thirty samples of size 3, available in the C16P4 worksheet in the OM5 Data= Workbook, were taken
from a machining process over a 15-hour period. Construct control charts using the Excel
Excel Assignment 1 (Chapter 3)
Class 1s mean is 35.43, its median is 34.5 and its mode is 43. The distribution is normal for this
class. I calculated the Standard Deviation and then the Z score from that and finally calculated
Chapter 14 Practice Problems 8, 9
8.) Compute the average flow time, tardiness, and lateness for the following sequences: SPT sequence,
EDD sequence, and the sequence 2-1-5-3-4. What sequencing rule do you recommend and why?
10.) Eight jobs have arrived in the following order:
Find and compare the average flowtime, lateness, and tardiness for the following sequencing rules:
a. Process in the or
Technology in Business
The growth of the Internet, the globalization of trade, and the rise of information
economies have changed the role of information technology in business and management.
Information technology can be defined a
Chapter 5 Study Guide
5-1 Define the terms family and family business
5-2 Explain the forces that can keep a family business moving forward.
5-3 Describe the complex roles and relationships involved in a family business
Chapter 8 Study Guide
8-1 Describe the characteristics and value of a strong management team.
8-2 Explain the common legal forms of organizations used by small businesses.
8-3 Identify factors to consider in choosing among the prim