Prescriptive Analytics Assignment Case Study - Statistics Assignment Help

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Assignment Task:

Task:

Instructions:
Answer the three cases given. The first two cases are for 10 marks each, while the third case is for 20 marks. Please explain and interpret your answers in detail, and attach your Excel computations with your answer.

 

Case Problem 2 PRODUCTION STRATEGY
Better fine.. be. (BR). manulaaures exercise Nutriment at its plan an Freeport. Long bland. It recently designed tw o inn ersal wenn machmes for the hoar exercise made. Both machircs twe BR-patented lechnolfigi that paw ides the user with an extremely wide range of motion capabilit) for cash hpe of crate performed. Until now, mach capabili-ties base been as ailabk onl) m capensir weight madams used prinarily by physical therap At a resent trade show. demons ntions of dr reks:Ii nes resulted in sin:tincantdealer i n-Crest . In fact. the manlier of orders that BR recent-al at the trade show far els-ceded its manufacturing :anthill0es tor the suaent production period. As a result. management &- chin] U) begin production of the two machines. The two mac-firs. which BR named the Bud) Flu. I(11 and the liutd.filu. 3)0, ramie different amounts of resources to pnwhase. The fictdiflus 1(I) comets of a flame unit. a press anion. and a pat station Each frame produced uses 3 hours of machining and welding time and 2 hoar. of painting and finishing time. Each pans anion acquires truss of mshinmg and welding time and I hour of painting and finishing tine. and each gr.; Alec station uses 2 Inns of machining and welding time and 2 !run of panting at finishirn tune. In addition. 2 bun arc pent assembl mg. tiling. and packaging each Botbflus 100.P:craw materialcostsare 5450 fa each frame, 51f1) for each pes. gala and $250 for east pec-des sauna. packaging costs are eNtmuted to be 550 pa unit. 
 

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