Unit 2 Assignment 1 – Demand Calculation
Instructions
Answer questions 2, 4, and 6 from chapter three of the Kumar text. A successful response will fully answer each question. Please make sure you document your work and provide sufficient explanations on how you got to each answer.
This assignment is worth 50 points. Question 1 is worth 10 points and questions 2 & 3 is 20 points each.
2. Distinguish between design capacity and system capacity.
4. A manufacturer of TV watches uses three TRS7 electronic chips in each TV watches produced. Demand estimates for the number of TV watches that could be sold next year are shown
Demand X
20000
40000
50000
P (X)
0.30
0.50
0.20
(a) Assuming the firm decides to produce on an expected value basis, how many TRs7 chips should they plan to produce for next years sales?
(b) What capacity is required to meet 150 percent of expected demand?
6. An automatic drive-in teller at American National Bank has the capacity of handling 2,000 entries per regular banking day (according to the firm that sold it the bank). However, because of limitations imposed by automobile access, the teller is available 60 percent of the time. It is actually being used for about 800 entries per day. What is the system efficiency?
Attach Files:
Go to Chapter 3 on this website for references, copy the link below and paste in url box to search.
Collepals.com Plagiarism Free Papers
Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we'll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.
Get ZERO PLAGIARISM, HUMAN WRITTEN ESSAYS
Why Hire Collepals.com writers to do your paper?
Quality- We are experienced and have access to ample research materials.
We write plagiarism Free Content
Confidential- We never share or sell your personal information to third parties.
Support-Chat with us today! We are always waiting to answer all your questions.
