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The supervisor at the Precision Machine Shop wants to determine the staffing policy that minimizes total operating costs. The average arrival rate at the tool crib, where tools are dispensed to the workers, is 5 machinists per hour. Each machinist's pay is $15 per hour. The supervisor can staff the crib either with a junior attendant who is paid $9 per hour and can process 14 arrivals per hour or with a senior attendant who is paid $18 per hour and can process 20 arrivals per hour. Which attendant should be selected?
The (junior attendant, senior attendant) should be selected, with a total estimated hourly cost of $____. (Enter your response rounded to two decimal places.)
Please show All work
Demand for a seasonal product is estimated to be normally distributed with a mean of 1000 and a standard deviation of 300. If demand exceeds available inventory the seller incurs a shortage cost of $7 per unit. Is the optimal order quantity smaller o..
why was the securities and exchange commission created by congress? what are the general purposes of securities
Many major corporations have been greatly affected by the recent horrific tragedies in the Northeast with Hurricane Sandy and in Japan a few years ago with the large earthquake. How has this affected the global economy? In a one to two page paper, di..
Remember that you are required to write a substantive post, which means a well planned and thoughtful response that is more than agreement or restatement of the question. All posts should add to the discussion and build upon other posts. How have soc..
Wal-Mart Class Action This week’s lecture talked about the class action lawsuit against Wal-Mart. Discuss the following questions: Identify what the legal basis is for the case against Wal-Mart. Explain what Wal-Mart’s legal defense is. How could Wal..
What are the most critical behavior related to leadership.Are these behavior equally importantin all organizations or do certain industries or types of organization need certain types of leaders?
Bindley Corporation has a one-year contract to supply motors for all washing machines produced by Rinso Ltd.
A ferry loads cars for delivery across a river and must have a full ferry load of 10 cars. Loading is instantaneous, and the round trip time is an exponential random variable with a mean of 15minutes. The cars arrive at the shore as a Poisso..
Explain why different metrics may be more useful to marketers in determining the effectiveness of their advertising at different times. Give examples of which metrics may be useful as consumers go through the purchase decision process. Discuss the es..
Analyze the organizational structure of your selected organization. Differentiated the structure of the selected organization from two different organizational structures.
Review another restaurant chain that does not currently have a major public problem but would benefit from evaluating its manufacturing process to improve competitiveness. Specifically, provide recommendations on how to improve the company's curre..
Explain what is meant when we say the point of this campaign is to build a brand relationship. How did this campaign succeed in that objective? How was effectiveness determined? If you were on the marketing team and were asked to develop a broader se..
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