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The Universal Manufacturing Company produces a particular product in an assembly line operation. One of the machines on the line is a drill press that has a single assembly line feeding into it. A partially completed unit arrives at the press to be worked on every 8 minutes, on average, according to an exponential distribution. The machine operator can process an average of 10 parts per hour (Poisson distributed).
Determine the average number of parts waiting to be worked on.Determine the percentage of time the operator is working.Determine the percentage of time the machine is idle.The management likes to have operators working 90% of the time. What must the assembly line arrival rate be in order for the operators to be as busy as management would like?
Warehouse Company are all located in Houston, and hence the transportation time from the loading dock of the Warehouse Company to the plants is negligible.
Mary Decker is thinking of suing the manufacturer of her car because of a defect that she believes caused her to have an accident, and kept her out of work for a year.
Half the containers are filled on machine I and the other half are filled on machine II. a. If a filled container of juice is selected at random, what is the probability that it is an acceptable container?
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A decision maker is interested in estimating a population proportion. A sample of size n = 150 yields 115 successes. Based on these sample data, construct a 90% confidence interval estimate for the true population proportion.
What is the optimal solution? You should be able to determine this by inspection. If the linear program has multiple optimal solutions, identify the optimal solution set
Differentiate between avoiding a risk and accepting a risk. Indicate the implications to your project that each might have.
What are the key characteristics that would classify Wheeled Coach as a repetitive focus process strategy?
Ben would like to use an inventory system which minimizes inventory cost also will satisfy 95 percent of his customers who order this wine. Illustrate what is economic order quantity for Ben to order.
A small firm intends to increase the capacity of a bottleneck operation by adding a new machine. Tow alternatives, A and B, have been identified, and the associated costs and revenues have been estimated.
What is the yield to maturity for an SWH Corporation bond on January 1, 2006 if the market price of the bond on that date is $1,035?
Operations managers are called upon to support the organization's strategy. OM does this with some combination of one of three strategies. What are these three strategies?
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