of 0.39 hrs. Capacity Determination: Initially we had one machine for every station and the throughput rate was assumed to be equal to the average job arrival rate per day i.e. 3.06 jobs/day. The average utilization for each machine was calculated from the given data. After knowing the average utilization‚ service rate (capacity) for each machine was calculated using the following formula: Service Rate capacity=Average ThroughputNo.of Machines*Average Utilization Average Utilization | 0.43188 |
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MKT 370 Spring 2011 Hurricane Island Outward Bound Individual Case Analysis Outline Note: When "bullet point" is specified you will typically provide one or two sentences per bullet point. Be sure to describe your responses quantitatively as well as qualitatively. What are the problems facing Philip Chin and the Hurricane Island Outward Bound? (two to three bullet points) (5 points) Phillip Chin and the Hurricane Island Outward Bound School are trying to find a balance between increasing revenue
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OPERATIONS MANAGEMENT-1 EXECUTIVE SHIRT COMPANY Group Members: Introduction The executive shirt company is a well known brand in apparel industry having varieties of high quality standard size readymade shirts which were competitively priced also. Foreseeing the tremendous opportunity in custom shirt market‚ the general manager Mr. Dwight Collier decides to venture in to this new product segment. As the existing custom sized dress shirt market commanded a substantial high price of 75% more
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Step 1 A. EasyBeds is a hotel chain operating in Europe and recently expanded into the Asian market. The last two years it operates a small- capacity hotel in Shanghai. The strategy of the business is to provide customers with int’l service standards but at a significantly low cost base. As a result‚ their competitors are 5* hotels‚ but the level of their prices are just above 2 to 3* hotels. To manage that they offer their clients only basic services. In addition‚ their client mix includes both
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ittlefield Simulation #1: Capacity Management Team: Computronic When the simulation began‚ we quickly determined that there were three primary inputs to focus on: the forecast demand curve (job arrivals‚) machine utilization‚ and queue size prior to each station. Specifically we were looking for upward trends in job arrivals and queue sizes along with utilizations consistently hitting 100%. Upon initial analysis of the first fifty days of operations‚ the team noticed that Station 1 had reached
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1. GENESIS OF ‘THE GOAL’ The Goal is about science and education. The author believes that these two words have been abused to the extent that their original meanings have been lost in a fog of too much respect and mystery. Science for him is not about the secrets of nature or even about truths. Science is simply the method to try and postulate a minimum set of assumptions that can explain‚ through a straightforward logical derivation‚ the existence of many phenomena of nature. For example the
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groceries). The following categories have grown every year with the exception of 2005‚ where a higher than usual COGS caused a dip in gross margin – 15% versus a historically high teen’s percentage: Gross Profit‚ EBITDA‚ EBIT‚ and Net Income. Utilization rates are high. During this same period‚ long term debt trended downward with decreases every year. Sales across HPL retail channels increased every year over year in the following categories: mass merchant‚ club‚ drug‚ dollar stores‚ convenience
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How does the Minit- Lube operations strategy provide competitive advantage? According to the text‚ the 10 decisions of operations management are: 1. Design of goods and services 2. Managing quality 3. Process and capacity design 4. Location strategy 5. Layout strategy 6. Human resources and job design 7. Supply- chain management 8. Inventory‚ material requirements planning‚ and JIT ( just- in- time) 9. Intermediate and short- term scheduling 10. Maintenance
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OPERATIONS MANAGEMENT GROUP ASSIGNMENT MANZANA INSURANCE CASE ANALYSIS OPERATIONS MANAGEMENT CASE ANALYSIS Case Background About the firm Manzana Insurance was founded in Sebastapol‚ California in 1902. It originally specialized in orchard and farm insurance. In 1906‚ after the San Francisco Fire‚ it saw an opportunity and expanded into a number of areas. The main lines of business initially were Commercial property insurance only. Then Manzana dabbled into commercial liability segment
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During the last two years‚ the hotel incurredlosses of about P2 to 3 million pesos which led management to the decision of leasing out its facilities(See Exhibit A).The room capacity of the hotel is just right for Triumph Tours requirements during the peakmonths. My travel business can provide annual capacity utilization of the hotel to as much as 40%only‚ Oscar Mendoza told his Marketing Manager‚ Ernesto de los Santos. How do we fill up theremaining 60%? Before Cory became President‚ I read
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