Case Study 1
Lecture 1 Group 22
CHEUNG, Fei Hung
LI, Kin San
HUNG, Wing Yee
TIN, Wai Chung
Q1: What have driven the rapid growth of air cargo for Hong Kong in
A: The astoun
Practice Questions on Process Analysis
1. Assume that you have been hired to improve a new product development
process in an electronics manufacturer. Currently, the new product
development process consists of a market study
Practice Problems for Forecasting
3. The following tabulations are actual sales of units for six months and a starting forecast in
a. Calculate forecasts for the remaining five months using simple exponential
smoothing with =
The following activities are part of a project to be scheduled using CPM:
Draw the network.
What is the critical path?
How many weeks will it take to complete the project?
How much slack does activity B have?
Schedule the following activ
ISOM2700 Homework #2
Student ID: _
Session (circle one): L6 (Fri 10:30am) / L7 (Fri 9:00am)/ L8 (Fri 12pm)
Due: Oct 16, 2017 (Monday) 11:59 a.m.
Please show your detailed analysis below each question.
Please keep a copy for your own reference.
Suggested questions for case analysis
Case 1: Cathay Pacific (A)
What have driven the rapid growth of air cargo for Hong Kong in recent years?
What have been the competitive advantages of Hong Kong being the air cargo hub?
What were the key factors to
Break even point = Fixed cost / (Selling price Variable cost)
Average inventory = Average throughput Average flow time
Assembly line balancing problem
PW = sum of a tasks processing time and its followers processing times
CT = Production time / O
ISOM - HKUST
Stephen Shum - HKUST
Midterm Exam: Logistics
March 28 (Thursday)
Starts at 7:30pm
Please arrive at 7:20pm
No Leaving during the last 20 minutes of quiz time
Closed Book, Closed Notes
Center For Business Case Studies, HKUST
Chinese Pharmaceuticals (HK) Limited: Effective Forecasting
for Optimal Inventory Management
Accurate forecasts are vital to our business because they drive all of our
Microsoft Excel 16.0 Answer Report
Worksheet: [Session 8.xlsx]Sheet1
Report Created: 25/09/2017 13:56:14
Result: Solver found a solution. All Constraints and optimality conditions are satisfied.
Engine: Simplex LP
Solution Time: 0,015 Second
Interarrival Time Frequency
In-class Exercise #1: Process analysis
Student ID: _
1. Kristen runs a small business with her roommate. Below is the process flow chart of
Kristens Cookie daily operations, together with resources (that are needed for each
activity) and processin
Session 9 Quality Management Prinicipal of Six Sigma
Quality and Sources of Variance
-Quality can be viewed as conformance to a set of pre-defined limits
-Performance: objective criteria to quantify the value for comparison vs.
Conformance: how well the o