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A location analysis has been narrowed down to three locations. The critical factors, their weights, and the ratings for each location are shown below: Factor Wt. Location A B C Labor Cost 0.4 75 55 100 Transportation Cost 0.2 85 45 70 Market Access 0.2 70 60 45 Raw Material Access 0.1 55 75 75 Utility Cost 0.1 95 65 35 If the selection criterion is to be the greatest composite score, management should choose:

A company is designing a product layout for a new product. It plans to use this production line eight hours a day in order to meet projected demand of 480 units per day. The tasks necessary to produce this product: Task Predecessor Time (seconds) w – 30 x w 30 u w 6 v u 12 z v 38 y x, z 30 The company uses the following primary and secondary rules to balance the line: Primary rule: the largest number of followers Secondary rule: the largest processing time to balance the line What tasks will be in the last workstation?

A location analysis has been narrowed down to three locations. The critical factors, their weights, and the ratings for each location are shown below: Factor Wt. Location A B C Labor Cost 0.4 75 55 100 Transportation Cost 0.2 85 45 70 Market Access 0.2 70 60 45 Raw Material Access 0.1 55 75 75 Utility Cost 0.1 95 65 35 If the selection criterion is to be composite score exceeding 80, management should choose

A company is designing a product layout for a new product. It plans to use this production line eight hours a day in order to meet projected demand of 480 units per day. The tasks necessary to produce this product: Task Predecessor Time (seconds) w – 30 x w 30 u w 6 v u 12 z v 38 y x, z 30 If the company desires that output rate equal demand, what is the minimum number of workstations needed?

A clothing manufacturer produces clothing in five locations in the U. S. In a move to vertical integration, the company is planning a new fabric production plant which will supply fabric to all five clothing plants. The clothing plants have been located on a coordinate system as follows:                   Location (X, Y)  A 8, 2  B 12, 7  C 7, 5  D 3, 2  E 10, 4Shipments of fabric to each plant vary per week as follows: plant A, 800 units; plant B, 500 units; plant C, 100 units; plant D, 100 units; and plant E, 200 units. What is the optimal location (X , Y) for the fabric plant? 

A company is designing a product layout for a new product. It plans to use this production line eight hours a day in order to meet projected demand of 480 units per day. The tasks necessary to produce this product: Task Predecessor Time (seconds) w – 30 x w 30 u w 6 v u 12 z v 38 y x, z 30 The company uses the following primary and secondary rules to balance the line: Primary rule: the largest number of followers Secondary rule: the largest processing time to balance the line What tasks will be in the first workstation?

A former White House aide, who is now the owner of a Washington lobbying firm, is trying to decide whether to hire one, two, or three assistant lobbyists. He estimates that profits next year (in thousands of dollars) will vary with demand for his lobbying services as follows:                                                                DemandDemandDemand # of Assistants Low Medium High One 620 100 620 Two -300 250 555 Three 0 0 615If he uses the Laplace criterion, how many assistants will he decide to hire?

A former White House aide, who is now the owner of a Washington lobbying firm, is trying to decide whether to hire one, two, or three assistant lobbyists. He estimates that profits next year (in thousands of dollars) will vary with demand for his lobbying services as follows:                                                                DemandDemandDemand # of Assistants Low Medium High One 620 100 620 Two -300 250 555 Three 0 0 615If he feels the chances of low, medium, and high demand are 50%, 20%, and 30% respectively, what is the expected value of perfect information? 

A Quality Analyst wants to construct a control chart for determining whether errors in bank transactions are under control. She looked at samples of 1000 transactions each week, for four weeks in a row. A transaction was considered defective, if the analyst detected any error in the transaction. Week Total Defectives 1 15 2 50 3 65 4 25 What is the average sample proportion of defective transactions for all four weeks?

Anders is terrified during the robbery and begs for his life.