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Lean principles have been popular in manufacturing especially of which products are discrete. Do you think lean principles are also applicable in process manufacturing settings like those of petrochemicals and food processing industries? How about in service sectors such as healthcare, and distribution services?
The Petreco Service Station has one pump for regular unleaded gas, which (with an attendant) can service 10 customers per hour. Cars arrive at the regular unleaded pump at a rate of 6 per hour. Determine the average queue length, the average time a c..
A video store (AVS) runs a series of fairly standard video stores. Before a video can be put on the shelf, it must be catalogued and entered into the video database. Every customer must have a valid AVS customer card in order to rent a video. If a vi..
Katrina is complaining to her landlord about the six-inch long cockroaches in her apartment. The landlord scoffs, saying: “Cockroaches don’t get that big! I’ll pay $10,000 to anyone who can show me a six-inch cockroach.” Will, a bug collector, overhe..
Case Study Analysis: Sun and Sand Sports
How many books should Barnes & Noble order? What is their expected profit? How many books do they expect to sell at a discount? What is the profit that the publisher makes given Barnes & Noble's actions?
determine the total charge under each plan for this case: 120 minutes of days calls and 40 minutes of evening calls in a week -prepare a graph that shows total weekly cost for each plan versus daytime call minutes
Indicate the major categories of information you would expect to find in a project review.
Prior to sentencing Slick Martin, Judge Even Hand requests a report be prepared on Martin to provide him more information about him before he issues a sentence. Generally, what report has Judge Hand requested? What is its purpose? What might the repo..
A retail store is having a customer appreciation sale. Depending on the total dollars purchased, the customer could receive a discount on his or her total purchases. You are to develop pseudocode that will obtain the total dollars purchased from the ..
Explain factors leading to the explosive recent growth of international financial markets. Analyze problems in the regulation and supervision of international banks and nonbank financial institutions.
An assembly line with 18 activities is to be balanced. The total amount of time to complete all 18 activities is 43 minutes. The longest activity takes 5.5 minutes and the shortest takes 2.5 minutes. What are the maximum and minimum cycle times? How ..
Johnny, a neighbor who is not a merchant under the Uniform Commercial Code, offers to buy a car from Mark for $30,000. Mark asks Johnny for some time to think about it. Johnny says sure. He writes on a piece of paper that he will keep the offer open ..
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