Solved Case Analysis: Ace Automotive by Samuel E. Bodily, John A. Young

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Description

A plant manager must decide which contracts to take for his casting-press operation and the price to bid on a new GM water pump. In the process, jobs must be scheduled in regular time, overtime, and outsourcing, and the plant manager must consider uncertainty in volumes, costs, available uptime hours, and the uncertainty about winning the contract bid, which depends on price. Two student spreadsheet files are available for use with this case.

Publishing Authority:

Darden Business Publishing – University of Virginia

1 review for Solved Case Analysis: Ace Automotive by Samuel E. Bodily, John A. Young

  1. Rated 5 out of 5

    Donovan Advex

    The Director asked what would happen if the machine were instructed to sum a series which actually diverged although thought to converge. Dr. Turing replied that it was left to the discretion of the man who constructed the instruction tables (the controller) to state what the machine should do in these cases. The summation could be specified to a given number of terms regardless of convergence, or until the last term was less than a given amount; preferably the controller should have worked out the theory of the convergence to some extent so as to be able to incorporate a suitable test. The Director asked what would happen in cases where the machine was instructed to solve an equation with several roots. Dr. Turing replied that the controller would have to take all these possibilities into account, so that the construction of instruction tables might be a somewhat finicky business.
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