Sunday, December 29, 2019

Operations Management Assignment - 3639 Words

OPERATIONS MANAGEMENT MGCR 472 ASSIGNMENT # 1 (Total 100 points) Due on 7th October (Thursday) by 5pm Make sure to write the name, student # and section # for each student in the group on the cover page of the assignment 1. Suppose you/your group is the owner of a company that produces e-readers. The present production rate is 1000 e-readers /day and the selling price is $210/unit. It requires 200 workers working 8 hours/day to produce the e-readers and they are paid $20/hour. The material cost is $100/unit and overhead cost is $50,000/day. a) What is the unitless multi-factor (labor + material + overhead) productivity ratio? b) What is the labor productivity ratio (both unitless and in terms of units/labor hour)? You/your†¦show more content†¦Engineers will make this new method completely ready for production within 5 years. The total cost of replacement of siliconium with McGillium is estimated to be $170 million (in year 0’s dollar) and this cost estimation can go up or down by 25% per year. Due to the efficiency of this new production method, Intel’s price and demand will be as follows between years 6 and 10: Years 6 7 8 9 10 Price/Chip 500 500 450 425 350 Demand 2,500,000 2,500,000 2,500,000 2,500,000 2,500,000 Assume that the discount rate is 35%. (Note that it might be better to work with millions of dollars as the unit for the following questions) (a) Suppose that the cost of building the production facility is $250 million in year 0’s dollar. Then, calculate the NPV of first and second stages of production facility. Based on the total NPV, what is your suggestion about whether Intel should build the production facility or not? Justify your answer. (b) What is the option valuation of the second stage? (c) Based on your option valuation, does Intel make positive profit when production facility costs $250 million? How much can Intel spend for this production facility and still make profit? 6. General Foundry, Inc., a metalworks plant in Ontario, has long been trying to avoid the expense of installing air pollution control equipment. The local environmental protection group has recently given the foundry 12 weeks toShow MoreRelatedOPERATIONS MANAGEMENT ASSIGNMENT8173 Words   |  33 Pages LEADSTAR COLLEGE OF MANAGEMENT AND LEADERSHIP TUTOR MARKED ASSIGNMENT (TMA) FOR OPERATIONS MANAGEMENT ASSIGNMENT WEIGHT: 50% STUDENT NAME Abreham Kelile Kaba ID LMBA0013/2014 BACTH 1ST Part I: Multiple Choice Questions (1 point each) Choose the best answer from the following Questions _C__Q1.One advantage of Just-in-Time (JIT) Management of stock is _____a. It reduces the need to plan and organize _____ b. it removes the need for delivery Quality Control _____ c. it reduces the cost of holdingRead MoreOperation Management Assignment-CDS1724 Words   |  7 Pages Operation Management Assignment Liu Zhenya(Harry) 2014.2.26 Words[1724]Question1: Why is operations management important in this company ?Operations management refers to the administration of business practices to create the highest level of efficiency possible within an organization. Operations management is concerned with converting materials and labor into goods and services as efficiently as possible to maximize the profit of an organization (Stevenson, W. J., amp; Hojati, M., 2007). TheRead MoreAn Assignment On Operation Management Essay3566 Words   |  15 PagesAn assignment On Operation Management Submitted by: Submitted to: Date of submission: Table of Contents Executive Summary: 3 Introduction: 4 WH Smith 4 Reasons for selecting WH Smith as the selected organization: 4 1.1 Importance of operation management: 4 1.2 Operation management of an organization: 5 1.3 Process model for operation management: 6 2.2 Importance of Three E’s: 6 Economy: 6 Effectiveness: 7 Effectiveness: 7 2.2 Impact of tension on cost and quality: 7 2.3 Significance ofRead MoreOperations Management Assignment1609 Words   |  7 PagesQuestion 1: a) Learning curve equation: Y(u) = au-b u | Y(u) | Ln(u)x | Ln(Y(u))y | x2 | xy | 13 | 276 | 2.565 | 5.620 | 6.579 | 14.415 | 29 | 198 | 3.367 | 5.288 | 11.337 | 17.805 | 41 | 171 | 3.714 | 5.142 | 13.794 | 19.097 | 71 | 137 | 4.263 | 4.919 | 18.173 | 20.969 | 127 | 107 | 4.844 | 4.673 | 23.464 | 22.636 | | Sum: | 18.753 | 25.642 | 73.347 | 94.922 | x = 18.7535 = 3.751 y = 25.6425 = 5.128 m = 594.922-[18.75325.642]573.347-(18.753)2 = -0.415 c = 5.128 – (-0.415)(3Read MoreOperations Management Assignment2347 Words   |  10 PagesTable of Contents Case: Operations Management at Toyota 2 Conclusion 3 Case: Southwest Airlines Operation Management 3 Background: 3 Analysis of operation Management: 4 Conclusion 6 References: 7 Southwest Airlines Operations - A Strategic Perspective 7 â€Æ' Case: Operations Management at Toyota Toyota is among the leading automobile manufacturers of the world selling almost 9 million models at all the five continents. Toyota has been awarded a position in the top 10 fortune global 500 enterpriseRead MoreOperations Management Assignment - Mba 5021560 Words   |  7 Pagesefficiency with a standardized procedural approach using the single stage process instead of the before used multiple stage process. (Course Virtual Source) Each department manager deals with multiple stage processes in regards to the inventory management which starts from taking inventory, ordering the products, receiving the products, storing the products, and placing the products on the sales floor. The use of a single stage process would be more convenience and consistent with the counterpartRead MoreOperation Management Assignment : Make or Buy Decision2928 Words   |  12 Pagespracticed in the company is further investigated. By and large, this paper focuses on the central knowledge related to the make-or-buy decision. It is imperative for the decision makers to understand the process prior to their involvement in the operation managements. Awareness of such knowledge is paramount to the businesses, in order to achieve a competitive and efficient business strategy. 1.0 Introduction In our contemporary society backed by commercialization and the drive of profit-driven marketsRead MoreBus 599 Assignment 3 : Operation, Technology, and Management Plan1535 Words   |  7 PagesBUS 599 Assignment 3 : Operation, Technology, and Management Plan To Buy this Class Copy paste below link in your Brower http://homeworkregency.com/downloads/bus-599-assignment-3-part-1-operation-technology-and-management-plan/ Or Visit Our Website Visit : http://www.homeworkregency.com Email Us : homeworkregency@gmail.com BUS 599 Assignment 3 : Operation, Technology, and Management Plan Assignment 3 Part 1: Operation, Technology, and Management Plan Due Week 8 and worthRead MoreBus 430 Assignment 1: Lenscrafters Case Study1307 Words   |  6 PagesBUS 430 Assignment 1: LensCrafters Case Study http://homeworkfy.com/downloads/bus-430-assignment-1-lenscrafters-case-study/ BUS 430 Assignment 1: LensCrafters Case Study Assignment 1: LensCrafters Case Study Due Week 4 and worth 250 points This assignment requires student complete an analysis of the LensCrafters case from Chapter 6 of the text. Write a six to seven (6-7) page paper in which you: 1. Evaluate LensCrafters’ operations strategy and explain how the organization seeks toRead MoreOperations Management for Mcdonald963 Words   |  4 PagesBachelor of Science Operations Management Pre course assignment Intake: BSc14L Student Name: Wu Linlin Student Number: 10287698 Lecturer: Professor Brian Fynes Dr. Chang Chen Sheng Date of Submission: 21 February 2012 For the fast food chains, it is no doubt that McDonald s is successful in the world. It is known to all from children to elder. This is closely relevant to organization operation that produces food and services. Operation plays an important

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