Your Perfect Assignment is Just a Click Away

We Write Custom Academic Papers

100% Original, Plagiarism Free, Customized to your instructions!

glass
pen
clip
papers
heaphones

1. A manufacturer of printed circuit boards has a design capacity of 1,000 boards per day. The effective capacity, however, is 704 boards per day. Recently, the production facility has been producing 915 boards per day. Compute the design and effective capacity utilization measures.

1. A manufacturer of printed circuit boards has a design capacity of 1,000 boards per day. The effective capacity, however, is 704 boards per day. Recently, the production facility has been producing 915 boards per day. Compute the design and effective capacity utilization measures.

 1. A manufacturer of printed circuit boards has a design capacity of 1,000 boards per day. The effective capacity, however, is 704 boards per day. Recently, the production facility has been producing 915 boards per day. Compute the design and effective capacity utilization measures.

(Round your answers to 1 decimal place, e.g. 3.5%.)

Utilization Effective =         %  

Utilization Design =            %

2.  The town barber shop can accommodate 32 customers per day. The manager has determined that if two additional barbers are hired, the shop can accommodate 76 customers per day. What are the design and effective capacities for the barber shop?

Effective capacity =             customers/day
Design capacity =               customers/day 

3.  Demand has grown at Dairy May Farms, and it is considering expanding. One option is to expand by purchasing a very large farm that will be able to meet expected future demand. Another option is to expand the current facility by a small amount now and take a wait-and-see attitude, with the possibility of a larger expansion in two years.
Management has estimated the following chances for demand:

  • The likelihood of demand being high is 0.72.
  • The likelihood of demand being low is 0.28.

Profits for each alternative have been estimated as follows:

  • Large expansion has an estimated profitability of either $51,900 or $24,100, depending on whether demand turns out to be high or low.
  • Small expansion has a profitability of $15,100, assuming that demand is low.
  • Small expansion with an occurrence of high demand would require considering whether to expand further. If the company expands at that point, the profitability is expected to be $41,000. If it does not expand further, the profitability is expected to be $12,850.

 

(b) Calculate expected values for large and small expansions. What should Dairy May Farms do?

EV small expansion = $

EV large expansion = $

Company sould opt          expansion.

Order Solution Now

Our Service Charter

1. Professional & Expert Writers: Eminence Papers only hires the best. Our writers are specially selected and recruited, after which they undergo further training to perfect their skills for specialization purposes. Moreover, our writers are holders of masters and Ph.D. degrees. They have impressive academic records, besides being native English speakers.

2. Top Quality Papers: Our customers are always guaranteed of papers that exceed their expectations. All our writers have +5 years of experience. This implies that all papers are written by individuals who are experts in their fields. In addition, the quality team reviews all the papers before sending them to the customers.

3. Plagiarism-Free Papers: All papers provided by Eminence Papers are written from scratch. Appropriate referencing and citation of key information are followed. Plagiarism checkers are used by the Quality assurance team and our editors just to double-check that there are no instances of plagiarism.

4. Timely Delivery: Time wasted is equivalent to a failed dedication and commitment. Eminence Papers is known for timely delivery of any pending customer orders. Customers are well informed of the progress of their papers to ensure they keep track of what the writer is providing before the final draft is sent for grading.

5. Affordable Prices: Our prices are fairly structured to fit in all groups. Any customer willing to place their assignments with us can do so at very affordable prices. In addition, our customers enjoy regular discounts and bonuses.

6. 24/7 Customer Support: At Eminence Papers, we have put in place a team of experts who answer to all customer inquiries promptly. The best part is the ever-availability of the team. Customers can make inquiries anytime.