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You have to first calculate the Target Service Level (TSL) =( 2.5 - 1.25) / (2.5 - 1.25) + (1.25 - 0.4) = 0.5952 or 59.52%. You then look that number up on the given Z table on the formula sheet. You find that the number is closest to 0.24. You take that 0.24 and multiply it with the standard deviation to find 21.6 --> round that up to 22 and add it to the 500 demand. Your answer is 522!
This is just as an example, here they take manufacturing company as the centre. If they would take retailer as the centre, then the manufacturing company would be the retailer's second tier upstream supplier.
1 month ago
Can someone explain me question 25 of the first sit?
"So, if your remarks indicated a flaw in our questions or if our questions gave room for multiple interpretations, we adapted the answer key." This is from the outcomes of the comments procedure from last year. I mean bonus points in the sense of adapting the answer key, not the lab experiment bonus point for the participation grade.
The operation with the lowest effective capacity are the hairdryers (111), the sinks (119) have a higher effective capacity. So why wouldnt it be B, because even though the sink have less of a desig capacity (140), hairdryers (148), we were asked to give the design capacity of the operation with the *lowest* capacity (hairdryers with 111)
bc you are asked for the lowest capacity not 'effective capacity'. Design capacity of operations from the table are: 140 - toilet, 300 - sink and 148 - hand dryer. The lowest design capacity is 140 - answer B
updated 2 months ago
Yes, I know that, just found it a bit misleading and wanted to know if anyone thought the same.
An order qualifier is a characteristic of a product or service that is required in order for the product/service to even be considered by a customer. An order winner is a characteristic that will win the bid or customer's purchase. Therefore, firms must provide the qualifiers in order to get into or stay in a market.
if you look at the explanation of Q21 here in the comments, you can tell that for Q23 you only have to change the labour cost in the calculation (which is now €9 for everyone) and you'll still get €115 as the profit, so nothing has changed
The exercise mentions the theory of constraints. So we have to look for a constraining factor in the table. Our bottleneck in our burger making process is "cooking the burgers", which limits our Burger output to 20 orders per hour. So you do 20*2(average customer orders)*4(sell price)= 160. Thats your revenue. Because we want the profit, we have to subtract the costs, so you subtract the sum of the labour cost per workers (45€), which gives 160-45 = 115.