Homework: Batching and EOQ Operations Management Instructor: Cuihong Li Name: Gupta‚ Randeep Instruction: 1) Print your name above. 2) Please hand in your work at the beginning of the class on the due date. 3) You need to present not only the answer to each question but also how the answer is reached‚ for example‚ the formula‚ calculation‚ and explanation when necessary. 4) Total points: 13 1. JCL Inc. is a major chip manufacturing firm that sells its products to computer manufacturers like Dell
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nation was relieved that the bloodiest war in American history was over. Though the Civil War had resolved some important key issues that had led to the conflict‚ other problems still remained‚ unaffected by the violence and bloodshed. The Civil War solved a few of the extremely pressing issues of America. The pressure built over the conflicting arguments and passionate debates on the subject of state’s rights eventually came to a boiling point when the first shots of the Civil War were fired. The
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Unit 6. Normal Distribution Solution to problems Statistics I. International Group Departamento de Economa Aplicada Universitat de Valncia May 20‚ 2010 Problem 35 Random variable X : weekly ticket sales (units) of a museum. X ∼ N(1000‚ 180) Find the probability of weekly sales exceeding 850 tickets. Find the probability of the interval 1000 to 1200 Take 5 weeks at random. Find the probability of weekly sales not exceeding 850 tickets in more than two weeks Ticket price is 4.5 Euros
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The following appeared in a letter to the editor of the Balmer Island Gazette. "On Balmer Island‚ where mopeds serve as a popular form of transportation‚ the population increases to 100‚000 during the summer months. To reduce the number of accidents involving mopeds and pedestrians‚ the town council of Balmer Island should limit the number of mopeds rented by the island’s moped rental companies from 50 per day to 25 per day during the summer season. By limiting the number of rentals‚ the town council
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Operations Management 70371 Practice Problems on Process Analysis: Solutions 1. On a typical weekday in January‚ 4‚200 customers visit the Pittsburgh Wal-Mart. It is estimated that‚ on average‚ there are 350 customers in the store. Assuming that the store is open 14 hours a day‚ how much time does the average customer spend in the store? Solution: - Since the average number of customers in the store is 350‚ I=350. - 4‚200 customers go through the system in a 14 hr. day. Thus‚ the throughput rate
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Internet is the one in which a user must locate a collection of data and iterate through this data a single time. When a request for data from a Web page that you have created is received‚ you can simply fill a table with data from a data store. In this case‚ you go to the data store‚ grab the data that you want‚ send the data across the wire‚ and then populate the
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(e) Grievance Handling Procedure 2 SECTION-B 6. Read the case study titled and answer the questions given at the end : XYZ Limited is a public sector undertaking with a staff strength of around 1‚200 including 300 officers. As per the recruitment policy of the company ‚ most employees join as trainees and after successful completion of training ‚ are absorbed at the lowest intake level. Thus‚ in the case of workers ‚ most start as Technician/Operator Trainees and officers ‚ as
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Code : MS-41 Course Title : Working Capital Management Assignment No. : MS-41/TMA /SEM-I/2013 Coverage : All Blocks Note : Attempt all the questions and submit this assignment on or before 30th April‚ 2013 to the coordinator of your study center. 1. Explain the Walker’s and Trade off approaches to working capital investment. 2. Discuss the motives for holding cash. Explain the Baumol Model and Miller and Orr Model. 3. What are advances? Explain the modes of creating charge
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A proposal to extend the ABC Gas Company Ltd’s gas distribution network to the NOIDA industrial cluster‚ about 40 km east of Delhi‚ at distance of about 20 kms from the ABC’s existing transmission line‚ is under the consideration of its CEO‚ Prerna Goyal. The NOIDA industrial cluster is dominated by the textiles industry including texturising‚ weaving‚ spinning and yarn units with over 2‚500 small and medium size units. The potential of gas consumption in these industries is mainly on account of
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CASE STUDY- KEDA’S SAP IMPLEMENTATION SUMMARY: KEDA Industrial Company Ltd. (KEDA) founded in the year of 1992 is a Chinese ceramic machinery manufacturer company. Due to the nature of the primary products‚ all the departments of the company functioned independently and the problems were solved in ad-hoc manner. This helped the company to achieve efficiency in its operations. But things were not all rosy for KEDA as the disconnected business units often duplicated resulting in redundancy and
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