EM 505 - Decision Models‚ Fall 2012 Homework 3 - December 10-11‚ 2012 1. The diagram below depicts a system of aqueducts that originate at three rivers (nodes R1‚ R2 and R3) and terminate at a major city (node T) where the other nodes are junction points in the system. Using units of thousands of acre feet‚ the tables below show the maximum amount of water that can be pumped through each aqueduct per day and the following diagram shows the network of the system. From/To A R1 75 R2 40 R3 B 65 50
Premium Variable cost Costs Marginal cost
Production Plan for Riordan Manufacturing Riordan Manufacturing strives to be the leader in using polymer materials to provide solutions to customer’s challenges. The main focus is to achieve and maintain reasonable profitability to assure that the financial and human capital is available for sustained growth. In order to obtain these goals Riordan Manufacturing will need to have a strong production plan. Strategic Capacity Planning Riordan Manufacturing has Chinese business partners with
Premium Manufacturing Production and manufacturing Shanghai
predetermined overhead rate -estimated manufacturing overhead cost divided by estimated which of manufacturing overhead -it can‚ it must be a manufacturing‚ indirect labor costs that are easily traced to a job -direct which of indirect labor cost examples -maintenance into which of the companies classify manufacturing cost -direct labor‚ manufacturing‚ direct‚ materials a factor that causes overhead costs is called -cost driver what kinds of costs are assigned to units of product
Premium Costs Inventory Accounts receivable
Production Cost Analysis: Economic Analysis as a tool for Process Development: Harvest of a High Cell-Density Fermentation For the biotech industry to be profitable‚ it must consider economics along with process recovery‚ purity‚ and product quality. The number of biotechnology-based human therapeutic products in the late-stage pipeline‚ and the average cost to commercialize a biotech product‚ have steadily increased.1‚2 This has required biotech companies to use economic analysis as a tool
Premium Chemical engineering Biotechnology Investment
Running head: RIORDAN MANUFACTURING PRODUCTION PLAN Riordan Manufacturing Production Plan Linda Head‚ Jamie Ingram‚ Charles Johnson and Carmelita Luhrsen University of Phoenix OPS/571 – Operations Management September 6‚ 2011 Riordan Manufacturing Production Plan Riordan Manufacturing is a global industry leader in plastic manufacturing. It is headquartered in San Jose‚ California. The company produces plastic beverage containers‚ custom plastic parts‚ and plastic fan parts. Each
Premium Management Manufacturing Lean manufacturing
DATA TABLES: DISEASE LESSON 1 Lesson 1: Step 1 Population Number Starting Number of Contagious People Sick Days Reported Contagious Contagion Rate Prediction 200 5 60 5 5 Simulation Run 1 600 3 51 0 0 Simulation Run 2 600 3 85 0 1 Simulation Run 3 600 3 28 0 0 Lesson 1: Step 2 Population Number Population Density Starting Number of Contagious People Sick Days Reported Contagious Contagion Rate Prediction 1 (low) 125 Low 5 90 250 1.5 Simulation Run 1 200 Low 3 340 2 1.7 Simulation
Premium Population density Immune system Infectious disease
Riordan Manufacturing Production Plan Savita Boutot‚ Ken Eakin‚ David Hill‚ Nicole Hugley‚ Julie Hunt‚ Candice McDonald OPS/571 January 10‚ 2011 Ziad Simon Kassis Riordan Manufacturing Production Plan Riordan Manufacturing is a company that uses plastic injection molding to manufacture plastic bottles‚ fans of all sizes‚ heart valves‚ medical stents‚ and custom plastic parts. It has state-of-the art design capabilities to produce plastic product that have earned the company international
Premium Supply chain management Capacity utilization Manufacturing
Production Cost Analysis and Estimation Applied Problems 1. Jennifer Trucking Company operates a large rig transportation business in Texas that transports locally grown vegetables to San Diego‚ California. The company owns 5 large rigs and hires local drivers paid fixed salaries monthly‚ regardless of the number of trips or tons of cargo that each driver transports each month. The below table presents details about the number of drivers and the total cargo transported by the company at different
Premium Marginal cost Cost Economics of production
Connie is a young fifteen year old who cares about her sexual drive that men have toward her. “The 1960s unleashed the so called sexual revolution. It seemed more a source of comic relief and tragic nostalgic recirculation than political inspiration…” This revolution consisted of women demanding their own rights so they could become more and more independent. There were significant shifts in social attitudes‚ behaviors‚ and institutional regulations at the beginning of the 60’s and also lasted through
Premium Gender Sexual intercourse Human sexual behavior
Riordan Manufacturing Production Plan Riordan Manufacturing Production Plan Riordan Manufacturing‚ Incorporated has become a leader within the industry of plastic molding. An eclectic array of state-of-the art design products (plastic beverage containers‚ custom plastic parts‚ and plastic fan parts)‚ and attention to detail pertaining to quality control‚ are some of the main factors contributing to the company’s success (Riordan‚ 2008). Each specialized plastic is in a different location:
Premium Lean manufacturing Manufacturing Management