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INSTRUCTION Answer ALL the following questions Q1 Q2 Debate the four core processes in a firm and demonstrate their relation. Construct a process chart
INSTRUCTION Answer ALL the following questions Q1 Q2 Debate the four core processes in a firm and demonstrate their relation. Construct a process chart for a manual car wash consists of the following steps: Attendant accepts instructions from customer (Time taken 1 min) Car driven into vacuuming area (Time taken 0.4 min, distance 20 ft) Delay waiting for vacuuming (Time taken 0.5 min) Car vacuumed (Time taken 2 min) i. ii. iii. iv. V. vi. Car driven into washing area (Time taken 0.3 min, distance 10 ft) Delay waiting for wash (Time taken 0.5 min) vii. viii. ix. X. xi. xii. xiii. xiv. Car wash (Time taken 2.6 min) Car driven to wet-dry area (Time taken 0.4 min, distance 20 ft) Car dried (Time taken 0.5 min) Car moved to hand dry area (Time taken 0.5 min, distance 10 ft) Car hand dried (Time taken 2 min) Car moved to inspection area (Time taken 0.3 min, distance 10 ft) Final inspection (Time taken 0.5 min) Car given to customer (Time taken 0.5 min) (1 Mark) (2 Marks) Q3 A printing company works on three types of printing jobs, each of which could be produced on the same model printing machine. The predicted annual demands and typical order sizes are shown in the table. The company has 2,000 production hours available each year and requires a 10% capacity cushion to allow for preventive maintenance, breakdowns, and other unforeseen circumstances. How many printing machines must they have under these circumstances? (1 Mark) Job Type Demand Job A Job B Job C 6,000 4,000 5,000 Process time per unit 8 .75 .25 Average order size 40 100 50 setup time (hours) 1 .75 .5 Q4 Explained the reasonable criteria for selecting one time-series method over another. (2 Marks) Q5 Q6 "With respect to the product decision, managers must be able to accept risk and tolerate failure." Criticized on why this is a necessary hazard in making new product decisions, given all the powerful tools and carefully built systems that support that decision. (2 Marks) Explain why is "quality of life" an element of intangible costs are associated with location decisions. Provide an example as part of your discussion. (2 Marks)
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