NEED IN ONE HOUR!!!!A company has found that introducing one additional worker enables a process improvement that reduces processing time for each unit so that output is increased by 25% with less material. Under the old process, five workers could produce 60 units per hour. Labor costs are $12/hour, and material input was previously $16/unit. For the new process, material is now $10/unit. Overhead is charged at 1.6 times direct labor cost. Finished units sell for $31 each. What increase in productivity is associated with the process improvement?What is the probability of a stock-out during lead time for the injection molding department of a company that uses 40 pounds of a powder a day? Reorder point is 240 pounds. Lead time averages five days. It is normally distributed and has a standard deviation of two days. For the product tree below, how many Cs will be needed if 17 Ps are needed and no on-hand inventory exists for any items? Show your work. How many rosebushes would the owner of a rose nursery have to produce and sell in order to make a profit of $6,000 if she spends $6,000 to acquire the licensing rights to grow a new variety of rosebush? She could sell the new rosebushes for $6 each. The per-unit variable cost would be $3. Show your work. In an effort to reduce inventory, which of the following interactions with vendors would potentially be helpful? (Points : 5) Reducing lead timesIncreasing safety stockLess frequent purchasesLarger batch quantitiesLonger order intervalsQuestion 5. 5. (TCOs 3 & 6) The amount contained in the second bin in a two-bin inventory system is equal to the (Points : 5) ROP.EOQ.amount in the first bin.optimum stocking level.safety stock.Question 6. 6. (TCO 2) Dependent demand is most closely described as (Points : 5) demand generated by suppliers.estimates of demand using regression analysis of independent variables.derived demand.demands placed on suppliers by their customers.net material requirements.Question 7. 7. (TCO 2) The time periods employed in master schedule’s planning horizons are called (Points : 5) pegging.lead times.stacked lead times.time buckets.firm, fixed, and frozen.Question 8. 8. (TCO 2) When an MRP system is periodically updated to account for all changes that have occurred within a given time interval, the process is called (Points : 5) pegging.planned order release.net change.regenerative.exception report.Question 9. 9. (TCOs 4, 5, & 6) Which of the following is MRP’s output? (Points : 5) Gross requirementsNet requirementsA schedule of requirements for all parts and end itemsInventory reorder pointsEconomic order quantities and reorder pointsQuestion 10. 10. (TCOs 4, 5, & 6) The MRP approach that is used for components or subassemblies to compensate for variations in lead times is called (Points : 5) pegging.safety stock.increased order sizes.safety time.low-level coding.Question 11. 11. (TCOs 4, 5, & 6) Choosing how many to order or make is known as (Points : 5) quantity determination.package sizing.lot sizing.grouping.aggregation.Question 12. 12. (TCOs 5, 7, & 9) When other functional areas are involved in the production planning process, it is referred to as (Points : 5) material requirements planning.capacity requirements planning.manufacturing resources planning.just-in-time planning.multifunctional relationships planning.Question 13. 13. (TCOs 5, 7, & 9) Bunny Helpers, Inc. has just received an order for 100 Deluxe Easter Baskets, which must be ready for delivery at the start of Week 6. An MRP planner has prepared the following table showing product structure, lead times (orders are lot-for-lot), and quantities on hand:Deluxe Easter Basket BOM Lead Time On-Hand Deluxe Easter Basket 1 week 10 Dark Chocolate Truffles (2 per) 2 weeks 30 Carved Chocolate Eggs (4 per) 1 week 50 Each Deluxe Basket contains two dark chocolate truffles and four carved chocolate eggs; additionally, one box of Alka-Seltzer is included for those who overindulge. Given the following information, how many dark chocolate eggs should be ordered? (Points : 5) 310450500550600Question 14. 14. (TCOs 11, 12, 13, & 14) Which of the following is a basic question in capacity planning? (Points : 5) What kind is needed?How much is needed?When is it needed?All of the aboveNone of the aboveQuestion 15. 15. (TCOs 11, 12, 13, & 14) Given the following information, determine utilization. Effective capacity = 20 units per day Design capacity = 60 units per day Actual output = 15 units per day (Points : 5) 1/41/31/23/4None of these
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