Minimizes sum of operating costs-passengers time costs

Assignment Help Operation Management
Reference no: EM131441106

An urban bus route has a patronage of 500 passengers/h and a cycle time of 2.5 h. It is operated with buses having a seating capacity of 50 passengers. The operating cost is $60/bus –h and the transit operator believes that passengers value waiting time at $10/h. The ratio of maximum load to the total number of passengers boarding is 0.60 and the operator’s maximum load factor standard is 1.20. Determine the capacity headway, the headway that minimizes the sum of operating costs and passengers’ time costs, and the actual headway to be operated. All headways are to be rounded off the nearest minute.

Reference no: EM131441106

Questions Cloud

Difference between extrinsic and intrinsic rewards : Please explain why you think that learning how to better motivate people is such a skill? In addition, please explain the difference between extrinsic and intrinsic rewards/recognition and indicate which you think is more effective in motivating peop..
Current customer service trend is offering : A current customer service trend is offering same-day transportation. Please describe how transportation services within a supply chain would need to be reconfigured to support this performance and whether you believe it would be economically viable.
Considering opening warehouses in four cities : A company is considering opening warehouses in four cities: New York, Los Angeles, Chicago, and Atlanta to serve three different demand regions. Each warehouse can ship 100 units per week. The company wants to meet weekly demands at minimum cost, sub..
Minimizes sum of operating costs-passengers time costs : An urban bus route has a patronage of 500 passengers/h and a cycle time of 2.5 h. It is operated with buses having a seating capacity of 50 passengers. Determine the capacity headway, the headway that minimizes the sum of operating costs and passenge..
Additional information systems-related reasonable assumption : Two years ago, Susie Hernandez knitted a pink sweater for her poodle and posted it on Instagram. The picture of the snarling beast in its cute sweater went viral and orders for similar sweaters poured in. In addition to the information provided in th..
Supplier extra to use her as part of a hybrid strategy : For the Supply Chain Management solutions 6th edition, problem set 2cs, what is the correct answer to #3, What do you think of the hybrid approach? Is it worth it paying the local supplier extra to use her as part of a hybrid strategy?
Pros and cons of outsourcing information systems development : Research, analyze, and discuss the pros and cons of outsourcing information systems development. What issues should management consider when making the decision to outsource?
How would get the product to the customers : You are the marketing manager for a start-up company that manufactures farm tractors. you are planning to enter the markets in the US, Japan, and India. What promotion strategy would you use for each market and what will your supply chain look like? ..

Reviews

Write a Review

Operation Management Questions & Answers

  How can game theory be applied to forecasting outcomes

How would a small business manager utilize game theory in making a decision? How can game theory be applied to forecasting outcomes?

  Violate the basic principle of stock valuation

Apple Inc., a company listed on the stock exchange which recently did not give dividend to shareholders and yet investors are willing to buy their shares. How is this possible? Does this violate the basic principle of stock valuation? Discuss.

  Everybody doing it moral justification

After reading: “When Is “Everybody’s Doing It” a Moral Justification?” in the text, consider "How common is it for people to try to justify their conduct with the argument that “Everybody’s doing it”?

  Employees to visualize their goals

Jamie Gibson, executive housekeeper at The Regency, usually starts his workday at 8:00 A.M. with a department meeting. These morning meetings help him and the employees to visualize their goals for the day. What should Jamie do to maintain standards ..

  Quality tool analysis

Quality Tool Analysis Identify your problem statement and complete a root-cause analysis. Identify which quality tools you used to identify and vet the problem. Explain the quantitative and qualitative tools you used and provide a summary of how you ..

  Suppose a one-semester moving average

Enrollment in a particular class for the last four semesters has been 120, 126, 110, and 130. Suppose a one-semester moving average was used to forecast enrollment

  Compute the takt time for system

Compute the takt time for a system where the total time per shift is 430 minutes, there is one shift, and workers are given two 18-minute breaks and 25 minutes for lunch. Daily demand is 228 units.

  Opening a fitness center

You are opening a fitness center. Because you have limited financial resources, you need to use your promotion budget carefully. Write a press release to send to the local newspapers and radio and television stations.

  What are of tools used in organizational memory management

What are some of the tools used in organizational memory management?

  State what a value chain dispersal and integration strategy

research a top multinational company in the world including its international strategy over the last 10 years. using

  What are the chief elements of the strategy

What are the chief elements of the strategy that Whole Foods Market is pursuing?

  Discuss how it is used in internal assessments

Explain cost/benefit analysis and discuss how it is used in internal assessments. When is cost/benefit analysis most useful and least useful in an internal assessment?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd