Operation research management

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Operation research management

Larry Edison is the director of the Computer Center for Buckly College. He now needs to schedule the staffing of the center. It is open from 8 am until midnight. Larry has monitored the usage of the center at various times of the day and determined that the following number of computer consultants (qualified graduate students) are required. Time of Day8 am–noon Noon–4 pm4 pm–8 pm8 pm–midnightMinimum Number of Consultants Required to Be on Duty68 12 6 ...
Management Models and Operation Research

Inventory control subject to known demand (1) A food store considers importing a special kind of smoked sausages for sale. The store estimates that the demand is stable at 2100 per year. The cost of placing an order and get it delivered is $ 2000., and the cost of the sausages is $18.50. each. The store uses an annual internal interest rate of 22% for the cost of capital. In addition, they operate with a storage cost of 3% of the value of the item, and a cost of 2% for taxes and insurance.a) What is the optimal order size of the sausages and how...
Operation research

Find the sequence that minimizes the total elapsed time required to complet the following tasks (in hrs) on series of Machine-I and Machine-II: Task: A B C D E F G H Machine-I: 6 2 8 9 9 6 7 6 Machine-II:8 7 3 6 4 10 4 8 Calculate the minimum elapsed time and idle times of machine-I and machine-II. Identify the task which has to wait more time...

operation management

1. A new computer processing have a nominal time of 400 minutes. Samples of five observations each have been taken, and the results are as listed below. With the computer processing standard deviation of 4.63 minutes, determine upper and lower control limits for mean and range charts with three-sigma, and decide if the process is in control. ObservationsSample123456i396402.5398394.5402.5398.5ii394393.5398397398403iii400405402398.5402402.5iv392402401.5397404400v405400.5404403394405.5
operation management

Identify four potential unethical actions or inactions related to capacity planning, and the ethical 3.principle each violates (see Chapter 1
operation management

Any increase in efficiency also increases utilization. Although the upper limit on efficiency is 100 percent, what can be done to achieve still higher levels of utilization?

operation management

Determine the utilization and the efficiency for each of these situations a. A loan processing operation that processes an average of 7 loans per day. The operation has a design capacity of 10 loans per day and an effective capacity of 8 loans pe
Operation Management

Bolic Electronics Sdn. Bhd., Perak, has the option of (a) proceeding immediately with the production of a new top-of-the-line stereo TV that has just completed prototype testing or (b) having the value analysis team complete a study. If Kumar Khan, VP for operations, proceeds with the existing prototype (option a), the firm can expect sales to be 95,000 units at RM450 each, with a probability of 0.6, and a 0.4 probability of 66,000 at RM450. If, however, he uses the...
Operation Management

Using relevant examples, discuss the ethical and economic implications of offshoring the manufacturing process of an American based company to Malaysia.