By putting different values for r3, we can get a number of lost revenues by simulation method. 4. Putting it together We will put all the random variables and calculated values together and then we have to find the cumulative number of weeks from the values for weeks which we have found in intervals between breakdowns. Now, we have to take that much values of r2 till the cumulative number of weeks reached at 52 or near about 52 such that if we will take one more value for r2 then cumulative number exceeds to 52. We are taking 52 weeks as an upper limit here because we have to find the lost revenue over the period of 1 year and 1 year contains 52
OPRE 6302: Homework Assignment 4 Problem 1: A)Make -to –order process flow diagram Task 2 Task 2 Task 1 Task 3 Task 4 Machine Task 6 Task 5 B) This process is operating “as early as possible”. B ecause the second Task4 operates immediately after the second Task2 completed, so there are some idle time between the second Task4 and the second Task5. C) Bottlenecks of the process Resource Alex Chloe& Bob Dorothy Machine Erin Activity time (in minutes) 2+3=5 12 5 5 3+3=6 Capacity (flow units per hour ) 1/5 x 60=12 2/12 x 60=10 1/5 x 60=12 1/5 x 60=12 1/6 x 60=10 • Both Chloe& Bob and Erin are bottlenecks, because their capacities are the lowest in all resources. D) Gannt Chart During minutes 39 There are 4 flow units in the process during minutes 39. Because according to the Gannt chart, there are 4 different colors during minutes 39.
Task 5 can start after Task 4 is completed and after Task 3 is completed. Task 5 has an estimated duration of 4 weeks. Network Diagram Let T1 represent task 1 Let T2 represent task 2 Let T3 represent task 3 Let T4 represent task 4 Let T5 represent task 5 T4 T4 DUMMY DUMMY T3 T3 T2 T2 T1 T1 Start Start 8 3
Question: (TCOs 6 and 7) XYZ plating is going ahead on an expansion project. They will be able to earn $300 per hour and run 3,000 hours per year. What is the net present value for the next five years with an interest rate of 6%? • BSOP 209 Week 6 Quiz 1. Question: (TCO 14) Briefly discuss the decision methods used when there is complete uncertainty as to which state in a decision environment may occur.
That was the 6th of May. 3. Did that happen between this March date and June 17? Correct 4. The tests take four to six weeks to develop.
One of the items was sold during the year. Required: Based on this information, how much product cost would be allocated to cost of goods sold and ending inventory, assuming use of: a. LIFO b. FIFO c. Weighted average (total cost/total number) | |Cost of goods sold |Ending inventory | |LIFO |700 |800 | |FIFO |800 |700 | |Weighted Average |750 |750 | Problem 2. Teague Company purchased a new machine on January 1, 2012, at a cost of $150,000. The machine is expected to have an eight-year life and a $15,000 salvage value. The machine is expected to produce 675,000 finished products during its eight-year life.
We'll ask our really important question a little bit later. Let's think about our paper airplane science fair project for a little bit and ask ourselves... What is a paper airplane? What makes it fly? Are there different kinds of airplanes? Thoroughly research these and any other questions you can think.
$0 2. $10,000 3. $25,770 4. $26,700 2. A company leases a machine on January 1, Year One for five years which call for annual payments of $4,000 for the first year and then $10,000 per year after that.
We have filled in three one hour blocks just as an example. Once you have completed the chart, use the Caloric Activity Calculator to determine your caloric requirements for this 24 hour period. Time of Day|Activities and amount of time for each – List all that you would do in each one hour block of time. Your total activity time for each block should be one hour. If it isn't an hour, then either expand your activities list for that hour or increase your estimated times for each.
Examine the Sample data in Table 1. a. Which fiscal quarter is most likely to contain the extra week? Q: Panel B of Table 1 shows that most firms include the additional week in their fourth fiscal quarter (77.06%). b. What are the most popular days chosen for the last day of the fiscal year?