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An operator is in charge of FIVE machines. After each machine completes a job, the operator must reset it before a new job is started. In other words, the operator’s task is to set up each machine when a job is completed. The time to complete a job on any machine is negative exponential with mean 45 minutes. The time to set up any machine is also negative exponential with mean 8 minutes.
(a) Determine the average number of machines that are awaiting set up or are being set up.
(b) Determine the average time a machine is awaiting set up or are being set up.
(c) What is the probability that all machines are working?
To support National Heart Week, the Heart Association plans to install a free blood pressure testing booth in El Con Mall for the week. Previous experience indicates that, on the average, 3 persons per hour request a test. Assume arrivals are Poisson..
Calculate Return on Equity (ROE) using the DuPont system. Evaluate the soundness of the company's financial policies (e.g. capital structure, debt, leverage, dividend policy, etc.) based on the material covered during class.
a trading company in the middle ages transported tea spices and other oriental products via the overland trade route
Carl Compost has been living and working on a communal organic farm for the past six months. He wants to understand the political, environmental, and social perspectives shared by the members of the commune. Dr. Compost is probably employing which of..
regression analysis is a powerful and commonly used tool in business research. one important step in regression is to
You have just been promoted to manage the process defined by the five stages A to E shown in the accompanying figure. After three months on the job you realize something is not right with the process capacity because your employees experience big pil..
Average costs to patients (Med Lab revenues) is $124 for Med Lab services. Labor costs average $18 per patient, materials average $32, outsource expenses average $19 per patient, and overhead is estimated to be $27 per patient. If the average time sp..
Write a grievance procedure document outlining all eight steps for a meeting or an arbitration hearing and be sure to cite your sources.
How was walmart managed in the past? What is the difference between management approaches in the past to those of the present organization? What are the management styles and their meaning and what they do.
Furniture Face Lift refinishes old wood furniture. Their process for refinishing chairs has 8 workers and 4 stations. Each chair starts at the Stripping station, then goes to Priming, then to Painting and finally to Inspection. Assume inventory buffe..
The general idea is to have all of the company's data at one virtual point" when discussing ERP systems. if all of the users are accessing the data via birst, then the location of the information isn't as important, as long as each user is looking at..
Should Marrone use her Internet financing source exclusively, or should she maintain a relationship with her local bank commercial loan officer? Why or why not?
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