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DIRECTION AND CONTROL OF OPERATIONS
A Answers to Oddnumbered Problems
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activities actual adjusted aggregate planning amount analysis annual cost assembly average basis breakdown budget calculations capacity capital chapter chart Company components control charts cumulative curve cycle decision demand depreciation determined developed distribution economic economic order quantity employees environmental equation equipment equivalent annual cost estimate evaluation example expected value exponential smoothing factors FIGURE firm forecast function Gantt charts individual inspection investment labor layout linear programming machine master schedule material material requirements plan matrix mean methods MRP systems normal normally distributed operations management optimal order point order quantity organization output overhead overtime period plant Poisson distribution present value probability problem production control production plan profit quality control rate of return regression safety stock sampling plan shown simulation Solution specific standard deviation statistical stockout techniques uncertainties units variables variance week workers