A company can produce 200 units in an 8 hour shift using 8 workers. If the workers are paid
$10/hour and if the products are sold for $24 per unit, what is the productivity?
Forecasting Case Analysis
Spring 2015 Dr. Nayebpour
The Fresh Detergent Case
Enterprise Industries produces Fresh, a brand of liquid detergent. In order to more effectively
manage its inventory, the company would like to better predict demand for
DEMAND=Y= Demand for a large size bottle of fresh (in 100,000)
PRICE= the price of Fresh as offered by Ent. Industry
AIP= The average industry price
ADV=Ent. Industries Advertising Expenditure(in $100,000) to promote in the sales period
DIFF= AIP-Price =
Given that 35% of all the visitors are adults, 50% children and 15% groups the total group
admittance looks like this for 2012:
Total admittance in
CASE 2: AKRON ZOOLOGICAL PARK
Question 1: The president of the Akron Zoo asked you to calculate the expected gate admittance figures
and revenues for both 1999 and 2000. You can use at least three forecasting methods to estimate the
forecast values and co
Appropriate Forecasting Method Selection
Read the overview below and complete the activities that follow.
Which forecasting model a firm should choose depends on many factors such as:
1. Time horizon to forecast
2. Amount of historical data ava
SPC CASE ANALYSIS: AMERICO DRILLING SUPPLIES
MGT 3332 Spring 2015
In November 2013, John Adams, a customer service representative of Americo
Drilling Supplies (ADS), was summoned to the Houston warehouse of Drilling
Contractors, Inc. (DCI)
An organization's mission statement serves as the basis for:
1 out of 1 points
Which of th
10 out of
Once accepted by managers, forecasts should be held firm regardless of new input since many plans have been made using the
Flexibility to accommodate major changes is important to good forecasti
CHAPTER 4 HOMEWORK
A major benefit of computer-aided design (CAD) is the increased productivity of designers.
Design for production takes into account the capabilities of the organization to produce or deliver a given product or
10 out of
National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows:
b. Forecast Septemb
Linear programming techniques will always produce an optimal solution to an LP problem.
LP problems must have a single goal or objective specified.
Constraints limit the alternatives available to a decision mak
Often, the collective success or failure of companies' operations functions will impact the ability of a nation to compete with
A nation is often only as competitive as its companies.
True / False
10 out of
A catering company prepared and served 335 meals at an anniversary celebration last week using seven workers.
The week before, five workers prepared and served 260 meals at a wedding reception.
a1. Calculate the l
Chapter10: Quality Control
1. Specifications for a part for a DVD player state that the part should weigh between 24 and
25 ounces. The process that produces the parts has a mean of 24.5 ounces and a standard
deviation of .2 ounce. The distributi
1. A commercial bakery has recorded sales (in dozens) for three products, as shown below:
Predict orders for the
following day for each of the
products using an appropriate
naive method. Hint: Plot each
Chapter6: Process Selection and Facility Layout
1. An assembly line with 17 tasks is to be balanced. The longest task is 2.4 minutes, and the
total time for all tasks is 18 minutes. The line will operate for 450 minutes per day.
a. What are the m
Chapter 5S: Decision Theory
1. A small building contractor has recently experienced two successive years in which work
opportunities exceeded the firm's capacity. The contractor must now make a decision on
capacity for next year. Estimated profit
Chapter17: Project Management
1. For each of the following network diagrams, determine both the critical path and the
expected project duration. The numbers on the arrows represent expected activity times.
a. AOA diagram
b. AON diagram
p. 783 AOA
10 out of
According to the reading on restaurant sourcing practices, only fast-food restaurants are able to bring in' outsourced foods.
A wide range of restaurants use outsourced foods.
True / False
0 out of 5 points
An assembly line with 10 tasks needs be designed. The total time for all tasks is 22
minutes. If you need to produce 30 units/hour, how many minimum work stations will
be needed? 60/30=2 avg cycle time 22/2=11
Dr. Trevor S. Hale
August 1, 2016
Northeastern Airline Case Study
The case study is focused on the finding a profit maximizing solution for Northeastern
Airlines. This summary outlines how the process of maximum spanning tree is us
Dr. E. Keedy
Forecast a statement about the future
value of a variable of interest
We make forecasts about such things as
weather, demand, and resource availability
Forecasts are important to making informed