Stephanie robbins is the three hills power company

Assignment Help Business Management
Reference no: EM1335325

Stephanie Robbins is the Three Hills power Company management analyst assigned to simulate maintenance costs. In section 15.7 we describe the simulation of 15 generator breakdowns and the repair times required when one repairperson is on duty per shift. The total simulated maintenance cost of the current system is $4,320.

Robbins would now like to examine the relative cost-effectiveness of adding one more worker per shift. The new repairperson would be paid $30 per breakdown hour is still $75. Robbins makes one vital assumption as she begins--that repair times required with only one repairperson on duty per shift. Table 15.14 can then be restated as follows:

Repair Time required(Hours) Probability

½ 0.28

1 0.52

1 ½ 0.20

1.00

a. simulate this proposed maintenance system change over a 15-generator breakdown period. Select the random numbers needed for times between breakdowns from the second-from-the-bottom row of table 15.5. (Beginning with the digits 69). Select random numbers for generator repairs times from the last row of the table (beginning with 37)

b. should three hills add a second repairperson each shift.

Reference no: EM1335325

Questions Cloud

Explain marketing and when selecting a test market city : Explain Marketing and When selecting a test market city, a researcher should look for a city
Stakeholders not communicate politely as project leader want : Stakeholders may not communicate as frequently or politely as a project leader prefers.
Hrm and performance appraisal : Write an article regarding Human resources strategic plan on Guinness brewery in Malasia and Nigeria and the main topic is performance appraisal and evaluation procedures on these two countries
Find out the length of the string : In the absence of three consecutive erroneous input attempts, your user should have the opportunity to continue running the program until directly deciding to terminate.
Stephanie robbins is the three hills power company : Stephanie Robbins is the Three Hills power Company management analyst assigned to simulate maintenance costs. In section 15.7 we describe the simulation of 15 generator breakdowns and the repair times required when one repairperson is on duty per shi..
Find out largest, smallest, and median values of array c : Your program must ask for a number and print "YES" if the number is in array a, otherwise print "not found"
Show the human capital concept worksheet : Human Capital Concept Worksheet - Worksheet includes tips for completing the Concept
Suppose are predicting a steady decline foreseeable future : Suppose are predicting a steady decline of 6% per year in dividends for the foreseeable future. What is the most you would be willing to pay for this stock.
Discuss possible ways to improve service quality : Discuss possible ways to improve service quality in a custodial janitorial company specializing in contract maintenance of office space.

Reviews

Write a Review

 

Business Management Questions & Answers

  Explain how strategic decisions are being communicated

Provide examples that illustrate how intercultural communication has contributed to the company's success. Explain how you think changes or strategic decisions are being communicated to stakeholders in diverse parts of the world.

  Bmw sports car apply research techniques and sources

I need appropriateness of FORTUNE magazine as an advertising medium for BMW Sports Car.

  Essay on e-business environment

Choose a company that has transformed to the e-business environment. Prepare an academic essay that addresses the following:

  Leadership position by developing brand loyalty

Organizations maintain a leadership position by developing brand loyalty, mass distribution; also economies of scale also scope.

  Developing a recruitment policy

If you were to develop a recruitment policy, explain what factors you could include to ensure that diversity initiatives are in place.

  Describe how welfare creates work disincentives

Describe how welfare creates work disincentives. Education is habitually used as an example of a positive externality. Are the external welfares greater for elementary, secondary or college education? Explain.

  Explaining five forces analysis for airbus

Conduct a five forces analysis for Airbus. What industry forces pose the most serious challenges to airbus?

  Leadership behaviors in business-not-for-profit-government

Identify a leader that you have either worked with or read about. The person can be from any organization type: business, not-for-profit, government, etc.

  Comparing and contrasting simon-s normative model

Compare and contrast the rational model of decision-making and Simon's Normative Model, and also explain the model of decision-making styles and the stages of the creative process.

  Question on default risk

You buy a very risky bond that promises a 9.5% coupon and return of the $1000 principal in 10 years. You pay only $500 for the bond.

  Analysis and recommendations for firm

Describe the situation facing Mensa at the time of the case. This should include the major issues facing the company and the decisions that need to be made. You are to spend no time on corporate history. You must consider the past, but your analys..

  It leadership role is important in organizations

Why has the IT leadership role in organizations become so important? What are some of the IT service trade-off decisions that IT leaders face today?

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