Efficiency = work content/(actual number of workstations X cycle time) = 583/6(120) = 80.97% How should the line be redesigned to operate at the initial 250 units per day target‚ assuming that no overtime will be used? What is the efficiency of your new design? The cycle time will have to be reduced if overtime will not be used. To come up with the more idealistic cycle time I calculated: cycle time = production time per day/required output per day = 7.5 x 60 x60/250 = 108 seconds/unit. Almost every workstation
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Riordan Business Systems Riordan Manufacturing currently has four plants of operations. These plants are in San Jose‚ California‚ Albany‚ Georgia‚ Pontiac‚ Michigan and Hungzhou‚ China. Currently the Operations department runs on independent Microsoft SQL servers running Microsoft Project‚ and Microsoft Office 2003. The Research and Development department recently received an upgrade to there outdated Computer Aided Drafting Software from aSa Solutions because the system on hand was inadequate
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Week 2 problems Chapter 2 A1 (Present and future value) A. What is the future value of $2‚000 invested today if it earns 20% interest for one year? For two years? Rate 20% (1) -(2‚000)= $2‚400 one year Rate 20% (2) (-2‚000)= $2‚880 two years B. What is the present value of $2‚000 discounted at 20% if it is received in one year? In two years? Rate 20 % (1) (-2‚000)= 1‚666 discounted one year Rate 20% (2) (-2000)= $1‚388 discounted two years B4. (Present value) What is the
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Chapter 3: Product Design and Process Selection Answers to Assigned Discussion Questions in Textbook 1. Define product design and explain its relationship to business strategy. Product design is the process of determining all the features and characteristics of a product or service. The design of the product or service must match the business strategy in order for the company to be successful. For example‚ if we create a product with numerous features‚ it would probably be more expensive
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Process Flowchart OPS 571 December 3‚ 2012 Process Flowchart Daily tasks are often mundane and become a ritual for many. Often these tasks are process oriented. This allows these tasks to be set-up as a way to save time‚ improve the structure‚ or allow one to improve. The use of a flowchart enables the process to be illustrated through its phases in which solutions and tasks can be complete simultaneously. This paper will evaluate the flowchart of my daily task of preparing for inspections
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E-OPS Games Post-Simulation Report * Your best overall profit and performance ratio; First try : my best Overal profit after 1 hours 48 minutes 53 seconds of game was 1 540 068 $ and I got a ratio of 131. Not happy with my first try and realising that I made some mistake‚ I try a second time and my overall profit after 2 hours 41 minutes and 29 seconds was 3 121 853 $ and I got a ratio of 179. After finishing this Post simulation report‚ I try a third and last time and in 9 minutes
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thank you for providing us with the overview of the problem. ill now be addressing the existing solutions and explaining to you the aims of our project‚ witness to life. The problem of the choice of abortion over adoption has been increasingly predominant over the years. to counter this‚there are a number of existing solutions that focus on providing help to pregnant teens. support organizations such as babes.org.sg‚ a teen pregnancy crisis website focuses mainly on providing adequate services
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Riordan Manufacturing’s China Systems Riordan Manufacturing began business as Riordan Plastics in San Jose‚ CA in 1991 as a research and development company and licensing of its polymer processing patents. Over the years‚ the company has acquired a fan manufacturing plant in Pontiac‚ MI‚ a plastic beverage container manufacturing plant in Albany‚ GA and most recently expanded to a new manufacturing plant in Hangzhou‚ China. To expand on its product offerings‚ the company moved its fan manufacturing
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Memorandum November 14‚ 2013 To: Pat Davis Subject: Improving Accounts Payable at Ramsville This memorandum is being written in an attempt to amend the problems discovered within Ramsville’s Accounts Payable Department. Process inefficiencies have led to 6.5% of payments being overdue. These errors are jeopardizing supplier relationships and could lead to a loss of business. The application of lean principles within the Accounts Payable Department was implemented in order to gain improvements
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Pak‚ Brandon Dennis‚ Crystal Taddei OPS/571 June 14‚ 2012 Elizabeth Farley June 14‚ 2012 Riordan Manufacturing‚ Inc. One Riordan Plaza San Jose‚ California‚ 95112 Dear Board of Directors‚ Thank you for the opportunity to provide a proposal for implementing a new Inventory System Process for Riordan Manufacturing. The goal over the course of the next three months is to implement a new Inventory Process that will allow Riordan Manufacturing‚ Inc. to create and deliver electric fans
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