# Assignment Operations Management

Pages: 2 (487 words) Published: March 1, 2015
﻿­­Thiago DeSouza
Homework Assignment 1
ISOM 319: Operations Management

Problem 1:
1. Input: Warehouse worker(s), package item(s), transportation vehicle, transportation pilots/drivers, and information for best method of travel. Transformation: Care for package(s), maintain client(s) informed, and transport package(s). Output: Transported package(s) and correct location and time of arrival. 2. Input: Idea development, financial backing, engineers, blueprint(s) design, prototype(s) creation, and material(s) selection. Transformation: Research and development, market approval, premarket modification(s), market confirmation, and trail production. Output: Final product, mass production, and product marketing. 3. Input: Customer cash, customer account, financial institution, and financial institution employees. Transformation: Receiving deposit, allocation of account, secure money, and responsible for value. Output: Secure storage, enhanced balance, and availability.

Problem 2:
Yes, it is possible to have both high flow time and inventory, or have them both low. I would rather have a low inventory with a low flow time, because it means that the process would have a low waiting time.

Problem 3:
1. I = \$100MR = \$400M+\$200M/yearT = I/R
100/600 = .16 years => 2 months; The avg. dollar spends 60 days in the process.

2. I = RxTR = 10,000/year T = 3 weeks => 3/50 (office weeks) 10,000 x 3/50 yr = 600 claims at any given points

Problem 4:
Nissan Motor Company reported a total of \$180M in revenues in the past year. On average, during one year Nissan Motor Company has a warehouse and dealership inventory of \$12M. It has been discovered that Nissan Motor Company has a motor vehicle markup of about fifty percent. What is the average time that motor vehicles are in warehouse or dealership inventory before they are sold?

I= \$12M, R= \$180M/year, T=?
T=I/R => \$12M/\$120/year= 0.1 yrs

Problem 5:
Station
Machines
Process Time
Process Rate...