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Peter's Paper Clips uses a three-stage production process: cutting wire to prescribed lengths, inner bending, and outer bending. The cutting process can produce at a rate of 2490 pieces per minute; inner bending, 160 per minute; and outer bending, 280 per minute. Determine the hourly capacity of each process stage and the number of machines needed to meet an output rate of 50,000 units per hour. How does facility layout impact your numerical analysis and process efficiency? Explain.
Time to service for a customer is exp1ntially distributed with a mean of 15 minutes. Illustrate what is total time in system for this service. Determine average number of people waiting for service.
With the growth of Hard Rock Cafe - from one pub in London in 1971 to more than 110 restaurants in more than 40 countries today - came a corporate wide demand for better forecasting.
The lights are on 19 hrs a day, 365 days a yr. If the firm's MARR is 15percent, illustrate what is the maximum price per bulb the engineer should be willing to pay to switch to the new bulb.
Formulate linear programming model for this problem. Mention the objective function (minimize or maximize) and all model constraints. Solve this model graphically. Identify the following: each constraint line, feasible solution area, x1, x2 and Z..
Using acceptance sampling, propose a situation in which you would be forced to utilize both the consumer's risk and the producer's risk, and then justify key usages of both within an industry of your choice. Provide specific examples to support your ..
Explain how can business process redesign help improve case-file management system in a court registry environment.
In the past, the price for the Superior V has been slightly higher than similar products offered by competitors. Why would a company use this strategy
Foster Company makes power tools. The budgeted sales are $420,000, budgeted variable costs are $147,000, and budgeted fixed costs are $227,500.
The retrieval system takes one minute/unit to retrieve and send the part to the loading dock and the goal is to use the ARS efficiently so as to keep the plants busy as much as possible. Design a scheme to use the ARS efficiently.
Identify three aspects of managing and using performance data so that it is useful to the organization. Provide an example of each aspect.
With the adult and even teen markets for cell phones quickly becoming saturated, the industry looks to other segments. The growth market for the cell phone industry in the near future is children aged 8 to 12- or even younger.
Define the scope and boundaries of the plan. Research and summarize compliance laws and regulations that pertain to the organization.
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