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The benefits of teams include:
- A) higher quality
- B) higher productivity
- C) greater worker satisfaction
- D) all of the above
- E) none of the above
The following are considered part of the EOQ computation:
- A) Holding costs
- B) Inventory costs
- C) Annual Demand
- D) A and B
- E) A, B and C.
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- Problem Answer ALL questions from this section. Write your answers on the supplied answer sheet. Show sufficient work. If necessary, round intermediate calculations and final answers to three decimal places. J 1. The manager of a crew that installs carpeting has tracked the crew's output over the past several we eks, obtaining these figures: Week 10 20 30 43 50 6 Crew Size تمه 30 45 Yards Installed 96- 72- 92- 50, 699 52- 20 39 2₂ Compute the labor productivity for each of the weeks. On the basis of your calculations, what can you conclude about crew size and productivity?1) Yuri want to determine the work efficiency of her team. She ask for information from the HR Department that would be able to tell her which of her team member works on extra shift. To her surprise HR forwarded the working contract and basic salary scheme of her team. What quality of information was not observed by the HR? 2) The point of sales system of Aling Nenas Digital Karinderya is having a problem. Aling Nena notice that the financial report produce is not balance. Aling Nena was advice by an IT consultant suggesting that the cause of the problem is because the system does not allow centavo value to be inputted. The point of sales system requires the data input to be coded in whole value. What disadvantages of coding is being described in this scenario?6. Explain whether the following statement is true or false. "Responsiveness usually results to effectiveness amnd efficiency".
- Calculate customer life time value for the data below. (Show Work) Purchase Occasion Transition Probability Average Basket Size 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 ΝΑ 55% 75% 78% 83% 81% 81% 86% 82% 85% 90% 93% 85% 89% 85% 91% 97% 97% 96% 85% 83% 89% 82% 79% 82% 89% 88% 86% 67% 75% $46.71 $56.71 $57.93 $56.87 $58.26 $66.90 $63.62 $70.27 $63.03 $62.60 $71.81 $76.76 $78.14 $65.65 $74.84 $81.11 $72.08 $87.30 $71.94 $75.44 $70.35 $72.86 $66.68 $79.90 $93.91 $61.08 $94.16 $100.40 $77.89 $99.70Use the following contract matrix to answer the question. PayerInpatient ServicesOutpatient ServicesA62% billed charges56% of billed chargesB$6,500 obstetric delivery case rateFee Schedule$70 per clinic visit$85 per initial OT evaluation$50 per OT visit (non-eval)C$2,100 obstetric delivery per diem$75 per clinic visit$45 per OT visitD$6,350 obstetric delivery case rate$65 per clinic visit$55 per initial OT evaluation$35 per OT visit (non-eval) Patient 62316 is admitted as an inpatient for hip replacement following a fall on ice in the school parking lot where he works as a teacher. During his admission, the patient received OT services post-surgery. The LOS was 6 days. The charges for the encounter are $135,000. Which payer will reimburse the hospital the highest amount? Please show evaulation for each payer. Thank you for your time answering this problem. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer…Short Questions: 6. What are principles of QMS? 7. What is the purpose of inventory in operations management? 8. What is the difference between horizontal and vertical integration? 9. What does scope of operation means? 10. What are forecasting model? 11. Why forecasting is importance for business success? Describe briefly. 12. What is SIPOC analysis? 13. Define briefly productivity and its types. 14. What are the types of capacity management? 15. Define the following terms a. Muda b. Mura c. Muri.
- The term in the airline industry may be used to refer to s situation where an empty seat is recorded on a flight. Select one: a. Marginal cost b. Overhead cost c. Marginal loss d. Revenue loss Widner Industries reports annual sales of Ghc160 million, cost of goods sold of Ghc120 million, inventory of Ghc20 million, and net income of Ghc5 million. What is Widner's annual inventory turns? Select one: a. 8 turns per year b. 6 turns per year c. 0.17 turns per year d. 4 turns per yearc. Compute and tabulate the daily demand for each month in the table below (round off to the nearest whole number). MONTH PRODUCTION DAYS DEMAND FORECAST DEMAND PER DAY JAN 2022 16 150 ? FEB 2022 16 150 ? MAR 2022 23 250 ? APR 2022 21 250 ? MAY 2022 22 400 ? JUN 2022 22 500 ? JUL 2022 21 600 ? AUG 2022 20 750 ? SEP 2022 20 450 ? OCT 2022 20 250 ? NOV 2022 16 150 ? DEC 2022 16 150 ? TOTAL ? ? d. Assuming that MPQ Limited had adopted a level strategy for the year ended 31 December 2022, compute the average daily demand for the year (round off to the nearest whole number). e. Prepare a graph showing the monthly forecasts and average daily forecast (in units per day) for MPQ Limited.12. How and when would an organization use a: Standing plan Single-use plan 13. Why would a food and nutrition organization benefit from bot short- and long-range plans?
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