Assignment Operations Management Essay
Research and development, market approval, premature modification(s), market confirmation, and trail production. Output: Final product, mass production, and product marketing. 3. Input: Customer cash, customer account, financial institution, and financial institution employees. Transformation: Receiving deposit, allocation of account, secure money, and responsible for value. Output: Secure storage, enhanced balance, and availability. Problem 2: Yes, it is possible to have both high flow time and inventory, or have them both owe.
I would rather have a low inventory with a low flow time, because it means that the process would have a low waiting time. Problem 3: 1. I = $MOM R $MOM+$MOM/year= I/R 100/600 = . 16 years => 2 months; The bag. Dollar spends 60 days in the process. 2. = 10,000/year T = 3 weeks 3/50 (office weeks) 10,000 x 3/50 yr = 600 claims at any given points Problem 4: Ionians Motor Company reported a total of $MOM in revenues in the past year. On average, during one year Ionians Motor Company has a warehouse ND dealership inventory of $MOM.