Question Description
Homework Problem
Group B: (Choose one)
- Takt time analysis (chapter 5)
- Project scheduling with certain activity time (chapter 6)
- Project Scheduling with uncertain activity time (chapter 6)
- Schedule and cost variance analysis (chapter 6)
- EOQ analysis (Chapter 7 supplement B)
- Facility location analysis (chapter 8)
- Cycle time analysis (chapter 8)
- Learning curve analysis (chapter 8)
(a) create a situation with quantitative factors;
– Provide information about the firm (names and dates can be omitted or changed)
– Describe the problem or situation
– Provide the data that will be used to solve the problem (do not forget units, money in dollars, times in minutes or hours, etc.)
(b) solve the situation showing the proof of your calculations; and
– show all formulas and calculations necessary
– explain your approach to the solve the problem
– include tables and figures in the body of the text, not as an appendix
(c) analyze the implications of your solution to your organization.
– explain if the problem is fully or partially addressed
– if applicable, mention costs or savings related to your solution
– comment managerial implications
References
– provide only academic references
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