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solve in excel GO Consulting, an important consulting firm that provides forecast modeling consulting for inventory management, has determined the time it takes to develop
solve in excel
GO Consulting, an important consulting firm that provides forecast modeling consulting for inventory management, has determined the time it takes to develop each of the projects in the pipeline for this second semester. There are 5 projects for large stores that require two major processes: gathering and analyzing information and creating a forecast proposal. GO Consulting has two work teams, each with expert industrial engineers to correctly develop the requested work. Below are the budgeted execution times in business days for each of the stages of each project. a) Determine the sequence that minimizes the average flow time by viewing each project as just one large process. b) Determine and develop the sequence that minimizes the completion time of all jobs. c) If the companies in question accept the forecasting proposal and hire the services of inventory management models, what would be the sequence that minimizes the makespan? (To carry it out, the company has an additional engineering team) d) Based on the ideal situation, carrying out the three stages of each project. How much time does the consulting firm save by having two work teams that carry out the initial stage (Collection and analysis of information)Step by Step Solution
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