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The AB Company has a single “turret lathe” as a key work center on its factory floor. Jobs arrive randomly at this work center at a mean rate of two per day. The processing time to perform each job has an exponential distribution with a mean of 0.25 day if there is a single job. If there is a waiting job, the manager changes the lathes setting to increase the performance so that the average time to process a job has an exponential dist with mean of 1/5 day.(Note that the setting can be changed in between processes, so if a job is started being processed the manager has to wait for the machine to finish processing the job) Because the jobs are bulk, those not being worked on are currently being stores in a room some distance from the machine. However, to save time in fetching the jobs, the production management is proposing to add enough in-process storage space next to the turret lathe to accommodate three jobs, in addition the one being processed. ) Excess jobs will continue to be stored temporarily in the distant room.) Under this proposal, explain what proportion of the time will this storage space next the turret lath is adequate to accommodate all waiting jobs?
Jim's Outfitters, Inc., makes custom fancy shirts for cowboys. The shirts could be flawed in various ways, including flaws in the weave or color of the fabric, loose buttons or decorations, wrong dimensions, and uneven stitches.
what general steps should Hank follow in setting uup a continuous improvement program for the company? What probmes will he have to overcome to make it work?
What key stakeholders in Riordan Manufacturing would you gather requirements from and describe the information-gathering techniques and systems analysis tools you would propose for the project.
question 1 analyzing a existing om techniquefind out one scholarly journal article reporting on one or more of the
Describe an application for decision tree analysis for customer service and support at a computer vendor like Dell. Assume your decision tree analysis considered customer name, company, number of employees at that company.
What are alternatives course of actions for Apple can use to continue success for the future? Each Alternative that you develop for the firm must show the potential advantages and disadvantages of that alternative.
Explain whether the U.S. government should do more to protect consumers or if consumers should become more aware and informed in today's business environment.
Any required organizational change management strategies that would enhance successful implementation. Key success factors, budget, and forecasted financials, including a break-even chart. Risk management plan, including contingency plans for identif..
Social and behavioral intelligence is crucial to presenting yourself as a professional and collaborating successfully with your peers and supervisors. In the previous units, you explored and learned about what defines a professional presence.
ABC distributors has an annual demand for an airport metal detector of 1,400 units. The cost of a typical detector to ABC is $400. Carrying cost is estimated to be 20% of the unit cost, and the ordering cost is $25 per order.
Wally and Beaver were general partners in a car dealership. Using the partnership name, Wally entered into a contract to purchase 30 used cars from Car Lots.
Explain briefly how each of the following transactions would affect a company’s balance sheet. Remember, assets must equal liabilities plus owners’ equity before and after the transaction.
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