low and the company is out of money‚ the company has an excess of currency. The option contract is more favourable in this situation. When the sales are the low and the company is in the money‚ the forward contract is more favourable because option contracts costs more. Higher Sales
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4/20/14 DSC 335‚ Spring 2014 Kristen’s Cookies Precase 1. It will take 26 minutes to fill one rush order (6+2+10+5+2+1= 26 minutes). Gantt chart is also attached. 2. The cycle time is 10 minutes because the bottleneck is the time they have to wait for the cookies to bake in the oven. They cannot continue the cookie process without baking and the lack of room in the oven or additional ovens are the constraints that are limiting the total operation. The capacity of the operation would be 6
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Time Roommate Time Mix Ingredients = 6 minutes Place cookies in oven = 1 minute Cookies onto tray = 2 minutes Pack Cookies = 2 minutes Receive Payment = 1 minute Total Time = 8 minutes Total Time = 4 minutes Question 4: For Kristen’s Cookies develop a Gantt Chart of the activities and the resources (Kristen‚ Roommate and Oven). Determine the amount of idle time Kristen and Roommate has for each dozen cookies produced. What is the time for Kristen and Roommate if the orders are
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Kristen’s Cookie Company Here is the Process Flow Diagram: The whole process throughput time of making a dozen of cookies is 26 minutes. It takes washing‚ mixing and spooning 8 minutes to make a dozen of cookies. And preparation and bake time totally are 10 minutes. The final step of cooling‚ packing and accepting payment of cookies takes roommate 8 minutes to finish the cycle. Assume the night capacity is 4 hours‚ so Kristen and roommate have 240 minutes operating time. Since the oven only
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[pic][pic][pic][pic]Kristen’s Cookies Company 1. How long will it take to fill a rush order? Our group has calculated (see Appendix Figure 1) that it will take 24 minutes to fill a rush order if it is the first order placed in the night. This assumes that the oven is already preheated and the mixer bowl and beaters are clean (as sanitary requirements would demand). However‚ all subsequent orders will require 26 minutes because of the two minutes to wash the bowl and beaters. 2. How many
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sandwiches‚ cookie parts‚ and crème parts of both the Oreo and Market Pantry products‚ as well as their percent compositions. Brand Mass of Whole Sandwich (g) Mass of Cookie Part (g) Mass of Crème Part (g) Oreo 12.22 8.66 3.56 Market Pantry 12.05 8.83 3.22 Table 2. This table shows the percent compositions of the store-bought cookies. Brand Percent Cookie Percent Crème Oreo 12.22 8.66 Market Pantry 12.05 8.83 Calculations: mass of creme= total mass of sandwich cookie-mass of cookie part mass
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Case: KRISTEN’S COOKIE COMPANY The case described about Kristen’s cookie company which provide freshly made cookies with variety of ingredients available to add to the cookies. The company is established in the on campus apartment. The cookies are made by 2 people‚ using a standard dough mixing equipment‚ tray and the apartment oven. Below is the explanation and evaluation of the preliminary process design in making and selling the cookies to the customers. Kristen’s cookie company promises that
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Paola Jimenez Mrs. Williams Reading 3 November 5‚ 2012 “A Smart Cookie” The passage “A Smart Cookie‚” from The House on Mango Street is about a mother who made a choice early in her life which negatively impacted her future. All of us make choices that set the course of our lives. This statement means that the decisions that we make determine our future because there are consequences for our actions which follow us‚ for a lifetime. First of all‚ the statement “all of us make choices that
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The Cookie By: baby_shaq One day Maya came into work and found a cookie mysteriously placed on her desk. Grateful to whoever left this anonymous cookie‚ she ate it. The next morning she came in and found another cookie. This continued for months until one day a different object is left–and this time there’s a note. The note reads: Dearest Maya‚ I’ve been watching you for awhile now. I’m so thrilled to finally get in touch with you. I have an ornament for you. This particular ornament has been
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