Attachment # 00006295 - Performance_Lawn_Equipment_Database.xlsx
Performance_Lawn_Equipment_Database.xlsx (100.21 KB)
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WorldNASAEurPacChinaMowersTractorMowerTractorsRegionQualityPriceServiceManagerTotalOn-Time DeliveryTime to Pay SuppliersLocalCollege GradNorth AmericaSouth AmericaPacific RimSurvey Scale:Sample SizeEuropeJanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecemberMower Unit SalesMonthPacificSample sizeTractor Unit SalesProductionCostQuarterDesign &Sales & AdministrationPercentWorking DaysSampleCurrentProcess AProcess BPassFailDealer Satisfaction End-User SatisfactionAge ComplaintsBlade Weight Defects After DeliveryEase of UseIndustry Mower Total SalesIndustry Tractor Total SalesNumber of deliveriesEmployee RetentionNumber On TimeUnit Production CostsAdministrativeDepreciationOperating and Interest ExpensesInterestPlantCustomerBirminghamKansas CitySantiagoUnit Shipping Cost WeightAtlantaCaracasMelbourneMexico CityLondonShanghaiTorontoSingaporeFrankfurtMumbaiAucklandProposed LocationsMaximum capacityCurrent PlantsAdditional CapacityFixed Costs of Capacity Increase or New ConstructionDelivery speedPrice levelPrice flexibilityManufacturing imageOverall serviceSalesforce imageProduct qualityUsage LevelSatisfaction LevelSize of firmPurchasing StructureIndustryBuying TypeDefects per million items received from suppliersResponse times to customer service callsEmployee Satisfaction ResultsAverages using a 5 point scale1st Q-112nd Q-113rd Q-114th Q-111st Q-122nd Q-123rd Q-124th Q-12Production Time (min)Engine Production TimeUnit Tractor Transmission CostsMower Test Functional PerformanceObservationGenderYearsPLEYrsEducationCollege GPAFYMNPurchasing Survey2014 Customer SurveyQ1 2013Q2 2013Q3 2013Q4 2013Q1 2014Q2 2014Q3 2014Q4 20141st Q-132nd Q-133rd Q-134th Q-131st Q-142nd Q-143rd Q-144th Q-14

One of PLE’s manufacturing plants supplies

Question # 00076337 Posted By: paul911 Updated on: 06/17/2015 03:00 PM Due on: 06/19/2015
Subject Business Topic General Business Tutorials:
Question
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One of PLE’s manufacturing plants supplies various engine components to manufacturers of motorcycles on a just-in-time basis. Planned production capacity for one component is 100 units per shift, and the plant operates one shift per day. Because of fluctuations in customers’ assembly operations, however, demand fluctuates and is historically between 80 and 130 units per day. To maintain sufficient inventory to meet its just-in-time commitments. PLE’s management is considering a policy to run a second shift the next day (after the daily demand is known). For the annual budget planning process, managers need to know how many additional shifts will be needed. The fundamental equation that governs this process each day is
ending inventory = beginning inventory + production - demand
Develop a spreadsheet model to simulate 260 working days (1 year), and count the number of additional shifts that are required. Assume that the initial inventory is 100 units. Use Psi functions for all uncertain cells in building your model.
Using the number of additional shifts required as the output cell for a Monte Carlo simulation, find the distribution of the number of shifts that the company can expect to need over the next year.
Explain and summarize your findings in a report to the plant manager and make a recommendation as to how many shifts to plan in next year’s budget.
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Tutorials for this Question
  1. Tutorial # 00071019 Posted By: paul911 Posted on: 06/17/2015 03:01 PM
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    The solution of One of PLE’s manufacturing plants supplies...
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    PLE.xlsx (29.61 KB)
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