Larry's Wickets,Inc

question 86

Essay

Larry's Wickets,Inc.is producing two types of products: A and B.Both are produced at the same machining operation.Because of demand uncertainties,the operations manager obtained three demand forecasts (pessimistic,expected,and optimistic).The demand forecasts,batch sizes (units/batch),processing times (hr/unit),and setup times (hr/batch)follow. The machines operate on two 8-hour shifts,5 days per week,and 50 weeks per year.The manager wants to maintain a 20 percent capacity cushion.
a.What is the minimum number of hours required of the machining equipment for the next year?
b.How many hours of capacity can the company expect from each machine?
c.What is the minimum number of machines needed (assuming no reliance on short-term options)?
d.What is the maximum number of machines needed (assuming no reliance on short-term options)?

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Definitions:

Life Expectancy

The average number of years an individual or a specific group of people is expected to live, based on statistical calculations.

Sub-Saharan African Countries

Nations located in the African region south of the Sahara Desert, characterized by diverse cultures, languages, and economic conditions.

Fertility Rates

The average number of children born to a woman over her lifetime within a specific population.

Developing Countries

Nations with a lower level of industrialization, lower living standards, and lower Human Development Index than developed countries.