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Resource B has to be taken down for maintenance 10 minutes every hour (works for 50 minutes, and is down for 10 minutes). Resource D has to be taken down for maintenance 15 minutes every hour (works for 45 minutes, and is down for 15 minutes). Maintenance can be scheduled at any time during each hour.
a) Explain how you would you schedule the maintenances to achieve the maximum average (hourly) process capacity? Use terminology from our course in your answer.
b) Suppose you have one inventory buffer B1 available that can hold up to 25 units. Suppose you put that buffer wherever you need to in order to maximize average (hourly) process capacity. Explain where you would put the buffer and why you would do this (this means that you should explain what would you need to consider to make this decision).
Analyze and comment on economic analyses of health administrative innovations that are germane to the provision of health services. How have these innovations become more important in health care delivery within the context of the Affordable Care ..
The equation for the original demand curve is Q=50-6.25P. Find the new demand equation when demand increases by 20% (Round to one decimal place). Q=___ - ___P. Find the new equilibrium price and quantity after demand increases 20%. P= ___ Q=___ (Roun..
A monopolist demand curve and MR curve are separate. There are two different customers with two different elasticities but you still want to maximize profit (with MR=MC for each customer separately). A price discriminating defence monopolist manufact..
President Obama, in promoting the cost savings of government health care stated: "... Private insurers have to make a profit. Nothing wrong with that, that's what they do. And so [private insurers have] higher administrative costs, plus profit on top..
An Industrial Technology department just purchased new SPSS and Minitab software for $3000 now and annual payments of $500 per year for 6 years starting 3 years from now for annual upgrades. What is the present worth of the payments if the interest r..
If interest rates or opportunity costs of investments, happened to be the same in both developed countries and emerging-economy nations, what could account for faster upward shifts in the latter group’s planned investment functions? Are stocks of pro..
The N.M. Corporation has exactly the same costs of production as last year except for fixed cost, which are $50,000 this year compared to $30,000 last year. Which of the following statements is false?
It rains so much in the country of Tropicana that capital equipment rusts out (depreciates) at a much faster rate than it does in the country of Sahara. If the countries are otherwise identical, in which country will the Golden Rule level of capital ..
An accommodating policy response to a supply shock
Export Development Canada (EDC) provides insurance to Canadian exporters for their accounts receivable from foreign buyers. If EDC charges an insurance premium that reflects the average level of risk of the exporting firms, it is only the most risky ..
Explain how much change in the number of units sold can the company afford and still be no worse off.
In a socialist economic system, people are free to choose an occupation of their choice, but many people work in ___ jobs.
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