Sustainable Hotel Design Group 5 Presentation 4 Demand/Supply Matching.
Matching demand with supply Solution of chapter 2
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North South University School of Business | MBA BUS 650 Operations Management M. Mahboob Rahman Assignment 1 Solutions and Hints Q 2.1 Solution in text. Q 2.2 Average FT = Average Inv/Average FR = 35/255 = ? Q 2.4 a) Inventory turns = 1/.1yr = 10 times/yr b) Per unit inventory cost = 40%/10 = 4% Per unit actual inventory cost = 4% ($30) = $1.2 Q 2.8 A diagram of the process is as follows Associates Managers Partners Managers Average Inv of Associates = 200, Average FT = 4 years, Average FR = 200/4 = 50MBA/yr Average FR of Managers = 60/6 = 10 associates/yr Average FR of Partners = 20/10 = 2 managers/yr Pr(Associate will be promoted) = 10/50 = .20 Pr(Manager will be promoted) = 2/10 = .20 Pr(Associate will be promoted to partner) = .2X.2 = .04 or 4%.
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Matching demand with Supply an introduction to operation management. solution of chapter 2 mathematical problem
Transcript of Matching demand with supply Solution of chapter 2
North South University School of Business | MBA BUS 650 Operations Management
M. Mahboob Rahman Assignment 1 Solutions and Hints Q 2.1 Solution in text. Q 2.2 Average FT = Average Inv/Average FR = 35/255 = ? Q 2.4 a) Inventory turns = 1/.1yr = 10 times/yr b) Per unit inventory cost = 40%/10 = 4% Per unit actual inventory cost = 4% ($30) = $1.2 Q 2.8 A diagram of the process is as follows
Associates Managers Partners Managers
Average Inv of Associates = 200, Average FT = 4 years, Average FR = 200/4 = 50MBA/yr
Average FR of Managers = 60/6 = 10 associates/yr Average FR of Partners = 20/10 = 2 managers/yr
Pr(Associate will be promoted) = 10/50 = .20 Pr(Manager will be promoted) = 2/10 = .20
Pr(Associate will be promoted to partner) = .2X.2 = .04 or 4%.
