1.
Simple exponential smoothing is being used to forecast demand. The previous forecast of 66
turned out to be four units less than actual demand. The next forecast is 66.6, implying a
smoothing const
Chapter 3 Managing Information Systems and Communication Technology
Information Management: An Overview
Terms:
Information manager: the manager responsible for the activities needed to
generate, anal
BUSI2301C
Quiz #1, Fall 2015
As part of a major plant renovation project, the industrial engineering department has been asked
to balance a revised assembly operation to achieve an hourly output rate
Chapter 5: Understanding Marketing Processes and Consumer Behaviour
What is Marketing?
Terms:
Marketing: planning and executing the development, pricing, promotion and
distribution of ideas, goods an
CHAPTER 3
FORECASTING
Teaching Notes
This is a fairly long chapter, so you may want to be selective about the topics covered. I tend to focus on
time series models, including trend and seasonality. To
ste51675_ch06_suppl.qxd
10/11/2006
12:51 PM
Page 6S-1
6
SUPPLEMENT TO
CHAPTER
Linear Programming
SUPPLEMENT OUTLINE
Introduction, 6S-2
Linear Programming Model, 6S-2
Formulating Some Other Types of
Co
BUSI 2301 (Ops Management) Review: Answer Key
1a. EOQ, TC, Orders/yr, order cycle: Electronic Village stocks and sells a particular brand of personal
computer. It costs the store $450 each time it pla
1
Lecture 7
Last Time
Transshipment Problems
Network Models
Minimum Flow-Cost Problems
Maximum flow problems
Shortest Path Problems
Car Replacement
O.
O.
Mgmt Sci Lecture 3
Berman
Berman
2
Lecture
Chapter 3: Problem 11 (page 105)
Part A: Develop seasonal relatives for each day using the centered moving average method
The periods are the weeks
n = data in each period (3 in this case)
* page 74 d
BUSI 2301 (Ops Management) Review)
These questions review the calculation problems taught in classes 7-12
You should attempt to solve these questions while using the Final Exam Formula Sheet in order
BUSI 2301A
Introduction to Operations Management
Fall 2015
Professor
Shaohan Alan Cai
Phone:
(613) 520-2600 ext 2453
Email:
[email protected]
Office:
916 DT
Office hours: Tuesday, 10 AM -11AM
Cours
The Beaver Creek Pottery Company
Products:
Profit per unit:
Resources:
labor (hr/unit)
clay (lb/unit)
Cup
$40
1
4
Production (Decision Variables):
Cups =
Mugs =
Profit =
0
maximize Z = 40x1 + 50x2
Mug
Assignment 1
Question 1
Question 2
b. Would look again at vip not attending and food poisoning seems to be off. Yes I think it is accurate but
could easily change scores watching weather etc.
c.
1. In
Pan Europa Questions
Question 2 - Using NPV conduct a straight financial analysis of the investment
alternatives and rank the projects. Which NPV of the three should be used?
Answer:
Project Rank base
CHAPTER 10- QUALITY CONTROL
Statistical process control- statistical evaluation of the output of a process during
production
Inspection- an appraisal activity that compares goods or services to a stan
CHAPTER 10:
STATISTICAL QUALITY CONTROL
Answers to Problems
1.
Specs: 24 kg to 25 kg
= 24.5 kg
= .2 kg
a.
25 - 24.5
= 2.5 2(.0062) = .0124 or 1.24%
z=
.2
From
Appendix B,
.0062 Table B
.0062
-2.5
0
CHAPTER 12:
INVENTORY MANAGEMENT
Answers to Problems
1.
A reasonable classification is given above. Its properties are:
Class
% cumul $ value
% of SKUs
A
B
C
67%
23%
10%
20%
30%
50%
Instructors Manual
Supplement to Chapter 6: Multiple Choice Questions
1.
The graphical method of LP can handle only _ decision variables.
a. One
b. Two
c. Three
d. None of the above
2.
The graphical method of LP uses:
a
2. An automatic lling machine is used to ll two-litre bottles of cola. The machines output
is known to be approximately Normal lwith a mean of 2.0 litres and a standard deviation of
.0l litre. Output
PRDBLEI'H'I ND. 13 - 2
Start wiih 13 workers and ke ep them thrmghuut. This re suits in 0 ha ekerder E: ending inventer'gr in month 8.
Pened
Fereea
Duput
Regular 130
Dverime
Duput-Fereea
lnwentt.rr3.|
Question 1
Slack: when the optimal values of decision variables are substituted into the left side of a <=
constraint, slack is the amount the left side is less than the right side.
If the left side i
Solutions to Chapter 10 Practice Problems
1.
2. When the process is in control, then the mean of the sampling distribution of sample
means and the process mean is same. Hence, the mean of the sampling
The office manager for the Metro Life Insurance Company orders letterhead stationary from
an office products firm in boxes of 500 sheets. The company uses 6500 boxes per year.
Annual ordering costs ar
Question 1 (2 marks)
Productivity (1 mark)
A measure of the effective use of resources, usually expressed as the ratio of output to input. It can be
expressed as
Productivity=
Output
Input
Productivit