Product 101. It can be seen that total Contribution is more in case when the selling price is kept the same at $24.50‚ when they sell 750‚000 products. The total contribution is $ 17‚602‚500.00‚ when the selling price is $24.50 and the total contribution is $12‚212‚000.00 when the selling Fold Rite furniture Co. is a Chair manufacturing company which manufactures three products which are Cloud Chair‚ Alstrong and Green Comfort. The company had a growth from 1987 to 2006; however a decline was seen from
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Kristen’s Cookie Company – INDIVIDUAL WORK 2/8/12 MGT 6400 – Management of Business Processes and Operations Dr. Grady S. York 1.Assuming you have only one order‚ how long will it take you to fill the order? Based on the flowchart from the group analysis‚ it will take 26 minutes to fill one order. I came to this conclusion based on the number of minutes it takes to clean equipment and mix the dough (6)‚ scoop dough into tray (2)‚ pre-heat oven and set timer (1)‚ baking time (9)‚ cooling
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MGMT 571 Kristen’s Cookie - Case Assignment Dr. Yunus Kathawala Students Name : Mohammed Jomah Al-Shami – GUST1301102033 Yasser Sheikh Amin - GUST1301102045 Hellal Abdulwahab AlHellall - GUST1301102047 Gulf University For Science & Technology The Kirsten’s Cookies Company is new business established and located at the campus‚ with motivation toward fulfill to power-hungry learners at night time. The company would allow the learners to order customized cookies baked fresh under
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Kristen ’s Cookie Company Kristen ’s Cookie Company is a good example where the success or failure of the company depends directly on the process planning adopted by the company‚ i.e.‚ the company can maximize its productivity by utilizing its resources effectively. One major aspect of process analysis is to identify the major bottlenecks in the process and trying to mitigate their effects with least possible level of costs and resources. The following flowchart shows the overall process adopted
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Kristen’s Cookie Company Case write-up Process flow diagram Inputs Basic Dough‚ Ingredients Output Cookies packed in boxes Flow Units Cookies Resources Kristen and her roommate‚ Oven‚ Spoons‚ Trays‚ Food Processor Assumptions 1. An order is for a dozen cookies of any one type. 2. Kristen and her roommate work for 4 hours per day. Q1. Time Taken for a rush order = Sum of time taken for Activities 1‚2‚3‚4‚5‚6‚ and 7 for an order
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Kristen’s Cookie Company 1. How long does it take to fill a rush order [from mix and spoon‚ Load oven‚ bake‚ cool pack‚ and receive payment] ? (For orders of one dozen‚ and for orders of two dozens-same ingredients.) Answer: (a) for orders of one dozen __________ minutes According to the specified work arrangements‚ a Gant Chart (Basic case 1) is developed as follow: As obviously indicated from the above chart‚ it takes 26 minutes to fill a one dozen rush order. Page 3 of 10 DSME2030A
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1. How long will it take you to fill a rush order? • Order Size 1 Dozen: 6 + 2 + 1 + 9 + 5 + 2 + 1 = 26 minutes • Order Size 2 Dozen: 26 + 1 + 9 = 36 minutes • Order Size 3 Dozen: 36 + 1 + 9 = 46 minutes 2. How many orders can you fill in a night‚ assuming that you are open four hours each night? • 4 hours = 240 minutes • Bottleneck is the oven (setting and baking)‚ which takes 10 minutes • Must account for the 8 minutes required to prepare prior to baking (wash/mix/spoon) the first batch
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Oğulcan TUFAN 11324 KRISTEN’S COOKIE COMPANY CASE Put the cookies in the oven and set the thermostat and timer(1min) Kristen’s Cookie Company case is a business which is established by 2 college students to serve cookies to students at night. There is a certain plan for getting orders‚ preparing cookies and delivering them. All of them goes in a sequence. The aim is to produce cookies in the least possible time
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| Kristen’s Cookie Company | Sunset Team 4 | A. Dobo‚ F. Montoya‚ L. Lie‚ A. Bustamante‚ M. Chitipiralla‚ E. Dzelzkalns 1/21/2013 | Process Chart Figure 1: Kristen’s Cookie Co. Process Flow Chart 1. How long will it take you to fill a rush order? A rush order will take 26 minutes to fulfill‚ as illustrated in the Gantt chart below. Figure 2: Rush-order Gantt chart 2. How Many Orders can you fill in a night assuming you are open four hours each night? a. Assuming
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4. What happens if sales volumes are lower or higher than expected as outlined at the end of the case? Base Case Sales Volume | 25‚000 | Number of options | 25‚000 | Number of Contracts | 25‚000 | Cost per participants | 1‚000 Euro | Option Strike Price | 1.22 | Forward Strike Price | 1.22 | | | Option Premium | 61 | | | Total Cost (USD) | | | USD Exchange Rate (USD/EUR) | | %Cover | Contracts | Options | 1.01 | 1.22 | 1.48 | 100% | 0% | 100% | $26‚775‚000 | $32‚025‚000
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