Operations Management Midterm MGMT 521 GUST Problem 2: (28 pts) When Harvey Specter became the managing partner at Specter & Litt Law firm, he addressed the associates with one line: "I'm not about caring, I'm about winning." In particular, Harvey wanted to surpass the competitions in the number of transactions per week. The firm works 36 hrs/week, during which he wants 3240 transactions to be completed. Each transaction involves 9 tasks, for which the times along with the predecessors are shown in the table below. a) What is the cycle time for this operation? b) What is the theoretical minimum number of associates needed? ) Is the number of associates in (b) realizable? If not, what is the actual number of associates needed? d) Based on (c), what is the efficiency of Specter & Litt and the total idle time per cycle? Harvey wants to move to maximum possible number of transactions, and he is asking for your help in deciding the new cycle time: ) What is the minimum possible cycle time? f) What is the new actual idle time per cycle? g) What is the new efficiency of the assembly line? h) What is the maximum number of transactions that can be completed? Page2of 5 MBA