The company ls unhappy with the percentage found in part d. They would like to cut the duration of the project by 3
days. Below, I have provided a table of crash times and crash costs. Keep In mind, the company would like to spend as
little money as possi
Quantltative Question 2
The Petro Company uses a highly toxic chemical in one of its manufacturing processes. It must have the
product delivered by special cargo trucks designed for sage shipment of chemicals. As such, the ordering
[and delivery costs are
Multiple Choice
1. In the ECG model, as I increase my order quantity:
a. My holding cost decrease
b. My order cost increases
c. My total cost decreases
d. My holding cost increases
2. Which of the following is not an assumption of the E00 model?
a. Demand
Question 2: Queueing Theory
A bank loan department currently has an ofce in two separate branches. At each branch, the company has 2 loan
officers cfw_so 4 in total that process loans for customers ofthe bank. Each loan officer has the abilitv to process
Question 3: Inventory Management
A drug store fills prescriptions for a popular childrens antibiotic. On average, weekly demand for this
drug is 500 units. The pharmacist knows that this particular drug has a lead time for production of 3 and
a half weeks
10.
When solving a quantity discount problem, the following is NOT true regarding which order
quantities must be tested for total cost.
a. HQ is above the maximum level, I must set Qto be the maximum
b. IfQ is below the minimum level, I must set [1 to be
b. What is the average completion time for this project?
c. The companyr has promised to complete the project within the next a? days. The company would like to know
the probability that that they miss their deadline [i.e. more than 3? days are needed to
Question 1: Project M anagement
Activity Average Duratlon
a. Use the information above to draw a precedence diagram. Fill in the ESIEF and [3le either in the precedence
diagram or listed below the diagram.
Quantitative Question 1
The manager of a tire com pany is in charge of placing orders for tires. The manager is now creating an
annual plan for how to order tires. After reviewing data from the last few years, the manager has
determined that every quarter
Short Answer 1
In the space below, list 4 reasons that a com paniir may hold inventory. Each reason should include a
description that could be a sentence long but no less than a phrase.
Short Answer 2
In the space below, please list 2 alternate inventory
Cost Information
Demand Locations
Denver
Chicago
Atlanta
Dallas
Los Angeles St. Paul
Boston
$11.00
$8.00
$13.00
$7.00
$18.00
$13.00
$16.00
$8.00
$17.00
$12.00
$10.00
$20.00
Supply
Locations
Problem Solution
Demand Locations
Denver
Chicago
Atlanta
Supply
L
MSC385
OPERATIONS
ANALYSIS
Waiting Lines_2
Operating Characteristics
Probability that no one is in the system
Average # of people in line
Average # of people in the system
Average time spent waiting in line
Average time spent in the system
Probabili
MSC385
OPERATIONS
ANALYSIS
Waiting in Lines
Super Markets
Airports
Toll Booth Lines
Why do people study this?
The average person spends around 3 years of their life
waiting in lines.
This statistic is based on a life expectancy of 70 years
That is 4.3%
MSC385 Exam 4
Thursday, December 1, 2016
Name: _
Exam Instructions: The Exam is closed book/closed notes, but you may use a calculator. Please show your work and
CLEARLY indicate your answers. For example, place a circle or a box around final answers for
MSC385 Exam 3
Thursday November 3, 2016
Name: _
Exam Instructions: The exam is closed book/closed notes, but you may use a calculator. Please show
your work and CLEARLY indicate your answers. For example, place a circle or a box around final
answers for q
MSC385 Exam 2
Thursday October 13, 2016
Name: _
Exam Instructions: The exam is closed book/closed notes, but you may use a calculator. Please
show your work and CLEARLY indicate your answers. For example, place a circle or a box
around final answers for q
Objective Function:
Minimize the total setup cost
(i.e., we want to setup the
minimum number of cell
towers)
4
Do I setup a tower in zone #?
Yes=1, No=0
Zone 1 Zone 2 Zone 3 Zone 4 Zone 5 Zone 6
x1
x2
x3
x4
0
1
0
Zone 1
1
1
1
Zone 2
1
1
Zone 3
1
x5
x6
1
0
Corless Chemicals Formulation
Products sold:
1. Bug-off $5 per quart ($20 per gallon)
a. 0.25 quarts of compound 1 per quart (or gallon)
b. 0.50 quarts of compound 2 per quart (or gallon)
c. 0.25 quarts of compound 3 per quart (or gallon)
d. Total cost=3*
MSC385
OPERATIONS
ANALYSIS
Inventory Management_Quantity Discount
Relaxing an Assumption
What if cost per unit depended on order size?
Inventory Model with Quantity Discounts
The Situation
There exists a company that supplies demand by purchasing units
MSC385
OPERATIONS
ANALYSIS
Aggregate Planning
AGGREGATE PLANNING
Types of Planning
Long Term
Planning
Intermediate
Planning
Short Term
Planning
Types of Planning
Long Term
Planning
Location Planning
and analysis
Process selection
Facility layout
Interm
Homework 1
This is homework assignment 1 and it is due by 11:59 on Tuesday February 7, 2017. It contains 4 main
questions which each may contain subquestions. Each question will be worth 25 points. You will submit
this assignment via Canvas through the HW
MSC385
OPERATIONS
ANALYSIS
Process Selection and Facility Layout
Monday 1/11/2016
Outline for Class
Process selection
Process types
Relevant factors
Facility Layouts
Process layouts
Product layouts
How to design a product layout
How to design a pr
MSC385
OPERATIONS
ANALYSIS
Linear Programming Basics
Outline for Class
Mathematical Models
Linear Programming
Key components
History
Power of LPs
Assumptions
Advantages/Disadvantages
Special Cases of Linear Programming
Some modeling practice*
Mat
MSC385
OPERATIONS
ANALYSIS
Inventory Mangement_EOQ
An In Class Inventory Game:
You manage inventory planning for a company over the
course of a year. The following information is what you know:
Every month, one unit of your product is demanded
This produ
MSC385
OPERATIONS
ANALYSIS
LP Modeling and Solving
Dan the Farmer and Charley the Salesman
Charley works for a Farm Foods company that produces
cow feed. He is currently trying to sell a new blend (Moo
Town Feed) to Dan, a successful farmer with 100 dair
Homework 2
This is homework assignment 2 and it is due by 11:59 on Thursday March 2, 2017. It contains 4 main
questions which each may contain subquestions. Each question will be worth 25 points. You will submit
this assignment via Canvas through the HW2
Homework 4
This is homework assignment 4 and it is due by 11:59 on Thursday April 25, 2017. It contains 4
main questions which each may contain subquestions. Each of the first three questions will be
worth 20 points and the last question is 40 points. You