A firm is considering whether to purchase or lease land-moving equipment. The data associated with the purchase are as follows Initial cost = $150,000 Residual value = $12,000 %3D Maintenance cost = $1,800/per year Operator cost per day = $300/day If the equipment is rented, the operator cost is incurred, at the rate of $300 per day and $100 for the daily rental of the equipment.
Q: How can leaders promote intrinsic and extrinsic motivation?
A: Intrinsic motivation means to perform a task for self satisfaction by doing that task not for…
Q: How should Timothy Jose handle the problem?
A: The EEOC investigates charges brought against firms regarding discrimination against workers / job…
Q: + holding cost only) of Wheel, Tire, and Spokes based on the projected order released and inventory…
A: Given holding cost(H)=$2unit/week Setup cost(S)=$400 Total time period =8weeks Annual quantity…
Q: What is the duration of the project? Identify the critical path. How many days can ACTIVITY C be…
A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: The Fly-Right Airplane Company builds small jet airplanes to sell to corporationsfor the use of…
A: Note: - As it is specified to answer number 1 only we will answer number 1 here. Given data is…
Q: Why is it important to understand leadership as an active process towards a purpose of change?
A: Leadership is all about helping the employees in achieving the set goals and targets of an…
Q: Please explain the fundamental shift in quality attention in manufacturing from the Industrial…
A: The Industrial Revolution was a period of dramatic change in manufacturing that occurred in the late…
Q: a. How many pies must be sold in order to break even? b. What would the profit (loss) be if 1,000…
A:
Q: Problem. A garment factory manufactures men's shirts and women's blouses. The production process…
A: Given data is Workers in cutting department = 25 Workers in sewing department = 35 Workers in…
Q: b) The data in Table 4(b) shows the number of nonconforming ties in a sample of size 500, following…
A: Find the Given details below: Given details: Day Sample size Number of Nonconformities 1 500…
Q: Suppose that a processoutput is normally distributed with a mean of 30.0 and a variance of 1.44. If…
A: Mean X = 30.0 Variance = 1.44 Upper specification limit = 30.0+3.25=33.25 Lower Specification Limit…
Q: 4. Evaluate the decision tree as shown in below figure. $30,000 60% $120,000 50% 40% $200,000 10%…
A: The expected pay off at node C= Sum of (probability*respective payoff)…
Q: Use x for Super-Fit and y for Super-Hug.) Maximize P = subject to < 12, 599 < 28, 249 Enter the…
A: Linear programming is a mathematical technique that is also used in operations management…
Q: Can someone explain me this Context Diagram?
A: The diagram is for a firm named Tagpuan Resto Bar System. There are three areas in which the firm…
Q: B. Consider the following single machine-scheduling problem with weights: Job (j) Processing time…
A: Machine scheduling is the technique that is commonly used in production businesses. This technique…
Q: QUESTION 5 When CPI is calculated, chicken breasts are given greater weight than pork chops if a.…
A: Consumer price index is a tool or a equation which shows the relationship between its price and…
Q: How can You make sure that the supplier's performance is satisfactory?
A: As there are multiple questions, I have answered the first one. ans 1=Firms with a worldwide…
Q: Operations Management The subject is Foundations Hospitality Leader 1. What is a satisfaction…
A: A questionnaire is a set of questions in a logical sequence which is asked by the employer in order…
Q: what are the types of conflicts
A: Conflicts refers to a situation in which both parties did not come a proper solution or doest not…
Q: what can be four good behavorial questions for mock interview with a project manager
A: The project Management career comes with multiple challenges, and they might be asked various…
Q: A company has found that its cost to purchase a component is ETB 50 per order and the carrying cost…
A: D = annual demand H = holding cost S = setup cost
Q: While purchasing computer hardware, what are the three most critical aspects to consider?
A: A computer hardware is a tangible things which is needed by a computer to perform its function.
Q: d) What is the efficiency of your answer to (b)?
A: A project schedule network diagram shows the sequence of the task that are performed to complete a…
Q: What is best, product or service? Why?
A: A product or service is output of a company which company provides to its targeted customers who…
Q: Ouesten 25 Question 18 A company faces the aggregate planning problem shown in the table below Cost…
A: Since it is given that the plant operates 7 days a week means it works all days. The number of units…
Q: outline the current quality management practices in any organization
A: Total quality management is the approach used to satisfy the customers by providing demanded…
Q: Uberya Towing Services repair vehicles that break down at an average 7.5 vehicles per day. The…
A: Now at first we have Since there is only one server (Crew) The formulae for the M/M/1 serverwill be…
Q: What are some of the fundamentals of system evaluation?
A: System evaluation is evaluating performance of a system to find out the later performance in the…
Q: Ping Sotto, an Overseas Filipino Worker, is planning to return to the Philippines. As an OFW for…
A: The process of seeking out, finding, and hiring potential candidates for a specific position or…
Q: Wang Ceramics makes ceramic pots for a chain of stores. The output and cost figures over the past…
A: Given data is Materials cost = RM3.5 per pound Labor cost = RM11 per hour
Q: t the process capabilities c
A: The term "process capacity" refers to a statistical measurement of the inherent process variability…
Q: n 2010, X and B agreed that they will pretend that they will enter into a contract of sale so that X…
A: ANSWER : Relative simulation: For this situation, the parties appear to settle for a contract…
Q: Explain whether management is a science or art. Justify your views with the theory postulated by…
A: There has been a long-standing debate over whether management is more of a science or an art. On one…
Q: There are five primary causes/sources of risk. Identify and discuss these.
A: Risk is an unforseen event of activities which might or might not takes place in near future and…
Q: Define the following and give an example per item. 1. Leniency Error 2. Central Tendency Error 3.…
A: Note - Hi! Thank you for the question, As per the honour code, we are allowed to answer three…
Q: Question 9 9. When starting a business, choosing which kind of busine decision with many…
A: Question9: Correct option is option "d" All of the above are correct. because C corporation can…
Q: Valencia Products makes automobile radar detectors and assembles two models: LaserStop and…
A: Given data is L = number of laserstop model S = number of speedbuster model Objective function: Max…
Q: Is there a better way to express the four P's of project management?
A: The four P's of project management are people , process, product, and project. It means that the…
Q: Identtify the strategy that a firmm could deploy to stayy afloat in the long run? A. Block…
A: Block Strategy: Block strategy is a systematic approach and it has series of steps…
Q: Question 24 Product design engineers keep process design (industrial) engineers informed about a new…
A: Concurrent engineering is a process in which an engineers prepares a process before it's actual birt…
Q: What is Direct Mapping, and how does it work?
A: Direct mapping is a procedure in a memory management system in which we are able to add a new memory…
Q: the textbook describes the four major reasons why portfolios are unsuccessful, including a) Too many…
A: When an organization manages more than one project simultaneously, it is called a project portfolio.…
Q: QUESTION 20 Bluebird University provides tutoring services for undergraduate students seven days a…
A: Let, M = Number of tutors who start the week on Monday T= Number of tutors who start the week on…
Q: Operations Management (OM) strategy changes according to the product stage in the Product Life Cycle…
A: The operation strategy would get changed in various stages of the product life cycle or PLC, in each…
Q: Research shows that with regard to goal-directed behavior: "I don't" leads people to feel more…
A: Goal directed behaviour refers to the behaviour of the managers which lead an employee to behave in…
Q: Operations Management Give examples of measuring service quality and measuring product quality? (2…
A: Quality is the ability of excellence of producing products that can be compared with other similar…
Q: Briefly explain the SEVEN (7) moral obligation of a whistle blower.
A: Whistleblower is known to a person working in an organization who reveals information about…
Q: b. AON diagram 3 18 10 13 3. 8. 11
A: Critical path is the path with longest duration which indicates the minimum time the project would…
Q: operations* is the right answer
A: A JIT system is a production system that produces goods on demand. The system stores material and…
Q: Complete the MPS record below for an end iton. (Enter your respionsos as intogors. A rosponse of "0"…
A: Find the Given details below: Weeks 1 2 3 4 5 6 7 8 9 10 Forecasted Demand 30 20 35 55 30 30 0…
9
Step by step
Solved in 2 steps
- At the beginning of each week, a machine is in one of four conditions: 1 = excellent; 2 = good; 3 = average; 4 = bad. The weekly revenue earned by a machine in state 1, 2, 3, or 4 is 100, 90, 50, or 10, respectively. After observing the condition of the machine at the beginning of the week, the company has the option, for a cost of 200, of instantaneously replacing the machine with an excellent machine. The quality of the machine deteriorates over time, as shown in the file P10 41.xlsx. Four maintenance policies are under consideration: Policy 1: Never replace a machine. Policy 2: Immediately replace a bad machine. Policy 3: Immediately replace a bad or average machine. Policy 4: Immediately replace a bad, average, or good machine. Simulate each of these policies for 50 weeks (using at least 250 iterations each) to determine the policy that maximizes expected weekly profit. Assume that the machine at the beginning of week 1 is excellent.Pendryl Office Supplies is evaluating the profitability of leasing a photocopier for its customers to use on a self serve basis at 10 cents/copy. The copier may be leased for $300 per month plus 1.5 cents per copy on a full service contract. Pendryl can purchase paper at $5 per 500 sheet ream. Toner costs $100 per bottle, which in normal use will last for 5000 pages. Pendryl thinks that there are additional other costs of 0.5 cents per copy. A. How many copies per month must be sold in order to break even? (6000 copies/month) B. What will be the increase in monthly profit for each 1000 copies sold above the break-even point? ($50 per month)A plastic injection molding machine operates 334 days a year. It is the bottleneck workstation in a process that produces plastic housed wall clocks. Industrial engineers collected data on the probability of machine breakdowns, the costs of preventive maintenance, and the cost of a breakdown. Number of Molding Machine Breakdowns per Day Probability of a breakdown 0 0.32 1 0.27 2 0.22 3 0.13 4 0.06 The cost of preventive maintenance is high due to performing it between 1 and 4 a.m. each day by two machine experts. The preventive maintenance cost is $2,030 per day including replacement parts, cleaning, and software upgrades. The cost of a breakdown of $1,940 is also high because the downstream workstations can only work until all work-in-progress inventory is completed; then the entire process must stop. What are the economics of the situation? Do not round intermediate calculations. Round your answers to the nearest cent. The expected cost of a breakdown per day is $ The manufacturing…
- The following data for 2021 are available for Canlubang AutomotiveCompany which manufactures and sells a single automotive product line.Unit selling price = 4Unit variable cost = 20Total fixed cost = 200,000a.) What is the break-even point in units for the current year?b.) Prepare a break-even chart for the operation in 2021 intervals of 5,000 units from 5,000to 30,000 units (show complete solution)A 3 year-old a computer-controlled fabric cutting machine, which had a $25,000 purchasing price, has a current market (trade-in) value of $10,000 and expected O&M costs of $4,000, increasing by 1,000 per year. The machine is required to have an immediate repair that costs $2,000. The estimated market values are expected to decline by 20% annually (going forward). The machine can be used for another 7 years at most. The new machine has a $40,000 purchasing price. The new machine's O&M cost is estimated to be $4,000 for the first year, decreasing at an annual rate of $100 thereafter. The firm's MARR is 10%. Assume a unique minimum AEC(10%) for both machines (both the current and replacement machine). Using the information above, determine the economic service life along with the optimum annual equivalent cost of the defender (This is an infinite Horizon decision problem). a) n=4 and AEC=Between $8,400 and $8,800 b) n=4 and AEC=Between $8,000 and $8,400 c) n=5 and AEC=Between $8,400 and…The number of hybrid cars that have be requested for rental from a car rental office during a 50 day sample period is given in the following table. Demand for Cars Number of Days Probability 3 3 0.06 4 7 0.14 5 12 0.24 6 14 0.28 7 10 0.20 8 4 0.08 50 1.00What is the expected (mean) number of hybrid rentals per day? Compute to one decimal place.
- DuLarge Marine manufactures diesel engines for shrimp trawlers and other small commercial boats. One of their automated machines has caused several problems. Over the past 30 weeks, the machine has broken down as indicated below. Each time the machine breaks down, the firm loses an average of $3,000 in time and repair expenses. If preventive maintenance were implemented, it is estimated that an average of only one breakdown per week would occur. The cost of preventive maintenance is $1,000 per week. Number of breakdowns per week 0 1 2 3 4 Frequency (Number of weeks that breakdowns occurred) 8 3 5 9 5 What is the weekly total maintenance cost of this program? Given the following data, find the expected breakdown cost. The cost per breakdown is $200. Number of breakdowns per week 0 1 2 3 4 Weekly frequency 5 12 10 18 5 13) Great Southern Consultants Group's computer system has been down several times over the…Given the following for a retail property: This property is occupied by a single tenant: Net Rentable Space 10,000 sq. ft. Lease Rate $18.00 per sq. ft. per year Real Estate Taxes $ 1.75 per sq. ft. per year Operating Expenses $ 0.55 per sq. ft. per year Insurance $ 0.06 per sq. Ii. per year Actual Gross Sales $2,200,000 Base Sales as per Lease $2,000,000 Percentage Lease Clause 4.0% What is the amount of rent due on a per sq. ft. basis (per year) ifthe tenant has a "net net"_ (NN)Jease and a "percentage lease clause" in the lease? Please provide proper keystrokes for the BAii Plus and Gualifier Plus IIIfx calculators. Thank you!As part of their application for a loan to buy Lakeside Farm, a property they hope to develop as a bed-and-breakfast operation, the prospective owners have projected: Monthly fixed cost (loan payment, taxes, insurance, maintenance) $6000 Variable cost per occupied room per night $ 20 Revenue per occupied room per night $ 75 A. Write the expression for total cost per month. Assume 30 days per month. B. Write the expression for total revenue per month. C. How many rooms do they need to sell per night in order to break even?
- Derek is disappointed in his high-speed Internet service.Although the Internet is seldom down, it kicks into slowmode quite often, which Derek considers to be a failure.He has tried three service providers with varying degreesof success. The number of failures in a typical eight-hourday and the average time to regain high-speed service areshown below. Derek must choose one of the followingoptions. Calculate the system availability for each option.Which service would you recommend?Hospital XYZ is in the market for a new Mammography X-Ray machine and is considering two different products. Machine A costs $20,000 up front and $200 per-use. Machine B costs $14,500 upfront and $265 per-use. At what point these two machines cross over? Which machine should they choose if their estimated number of uses is 15 over this point? Which machine should they choose if their estimate is 4 under?In 2006, Shouldice Hospital admitted 14,965 patients. In 2007, a 20% increase in admissions is expected. Currently the hospital has 390 beds. Assume the hospital operates 365 days a year (and, please assume one patient per bed!).i. If the average patient stays in the hospital 8 days, how many beds were empty, on average, in 2006?ii. On average, how many beds do you expect to be empty in 2007?