Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Many of today's digital or electronic devices and equipment cannot function without the use of highly complex interconnected network of generally microscopic electronic components. Nano

Many of today's digital or electronic devices and equipment cannot function without the use of highly complex interconnected network of generally microscopic electronic components.

Nano Semicon is one of the leading contract manufacturer of integrated circuits (or IC chips) manufacturer in the region. The worldwide shortage of these IC chips has put pressure on IC chip manufacturers ever increasing demands. Nano Semicon currently manages to cope with this upsurge in IC chips consumption.

Nano Semicon has already converted much of its manufacturing facility into a highly automated factory, employing robotics and artificial intelligence to handle most of the repetitive tasks. However, the factory still needs some workers to be working in shifts such as process engineers, technical support personnel, software programmers and quality control inspectors.

Thefactoryworksona24/7five-shiftbasis.Thefullcycleofoperationsstartsat7am(or0700) and ends at 7am the next day. This cycle is divided into 9 periods, each consisting of a two-hourduration.Forexample,thefirsttwo-hourperiodofthecyclelastsfrom0700to0900.The details of the breakdown of the time periods as well as the minimum number of workers required per time period are given in Table 1below.

As workers per shift are given different tasks to perform, their wages per worker varies from shift to shift. The Production Manager, together with the Human Resource Manager had worked out the cost per worker per shift. These are also given in Table 1 below. The "?" symbols in Table 1 indicate the number of time periods that each shift of workers must work. Forexample,Shift1workersarerequiredtoworkfrom0700to1500.(Timeincludeslunchof 30 minutes at12.30pm).

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
I+ Shift Minimum number Time Period 1 2 3 4 5 of Workers Required 0700 - 0900 V 32 0900 - 1100 A A 70 1100 - 1300 A A 62 1300 - 1500 V A A 55 1500 - 1700 A A A 65 1700 - 1900 A A 62 1900 - 2100 A A 70 2100 - 2300 V 35 2300 - 0700 A 15 Wage per worker 55 52 53 58 62 Table 1: Shift vs Time periodLaunch in Other Malaysian cities Outcome Probability Net Revenue per Month Success 0.85 $420,000 Failure 0.15 $20,000 Table 2.1 - Launch in other Malaysian citiesLaunch in Other Malaysian cities Outcome Probability Net Revenue per Month Success 0.10 $400,000 Failure 0.90 $22,000 Table 2.2 - Launch in other Malaysian citiesLaunch in Other Malaysian cities Outcome Probability Net Revenue per Month Success 0.55 $420,000 Failure 0.45 $50,000 Table 2.3 - Launch in other Malaysian citiesMonth Units sold per month 1 123 2 95 106 75 115 56 75 134 110 10 93 11 102 12 72 13 89 14 112 15 95 Table 2.3 - Monthly sales (units) of Power Drills

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microeconomics

Authors: David Besanko, Ronald Braeutigam

5th edition

1118572270, 978-1118799062, 1118799062, 978-1118572276

Students also viewed these Mathematics questions