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A local market research firm has just won a contract for several thousand small projects involving data gathering and statistical analysis. In the past, the firm has assigned each project to a single member of its highly-trained professional staff. This person would both gather and analyze the data. Using this approach, an experienced person can complete an average of 10 such projects in an eight-hour day. The firm's management is thinking of assigning two people to each project in order to allow them to specialize and become more efficient. The process would require the data gatherer to fill out a matrix on the computer, check it, and transmit it to the statistical analysis program for the analyst to complete. Data can be gathered on one project while the analysis is being completed on another, but the analysis must be complete before the statistical analysis program can accept the new data. After some practice, the new process can be completed with a standard time of 20 minutes for the data gathering and 30 minutes for the analysis. a. What is the production (output per hour) for each alternative? What is the productivity (output per labor hour)? b. How long would it take to complete 1,000 projects with each alternative? What is the labor content (total number of labor hours) for 1,000 projects for each alternative?
In this 350 word response with references, circumstances in which objective function is more significant than constraints is discussed. The opposite is also discussed.
Use different scheduling rules to achieve different objectives as listed below also provide a rationale for each of the responses: Minimize the throughput time. Minimize the lateness of all jobs.
Illustrate what information could AutoNation collect from its Web site that would help it find out which makes also models of cars are of most interest to potential buyers.
If an identical backup is installed and we assume the new computer will function if the other fails how do I determine the resulting reliability?
If demand is expected to increase to 84 customers for this flight segment in 3 years, illustrate what capacity requirement should be planned.
Illustrate what methods can be used during problem formulation. Illustrate what is a problem statement. Explain how can a problem statement be formulated so which it is considerate of stakeholders.
What is Handis expected total procurement cost given the number of purchased options from part f?
A company wants to forecast demand using the simple moving average. If the company uses three prior yearly sales values
In 150 words can you explain. Illustrate what are advantages also disadvantages of utilizing objective measures of performance.
Pretentious the addition of one more clerk, illustrate what is the maximum number of applications the process can handle. Explain how would you suggest modifying the process in order to accommodate 120 applications per hour.
How does national culture affect strategy? To what extent do different approaches to strategy, different ways of thinking about strategy
Final tax legislation involves compromising divergent points of views and therefore it is easy searching for a consistent economic rationale within prevailing tax codes
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