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There are two cab componies sharing the district. Both companies have a 2 cars. Average call rate is 8 calls per hour and ride takes 12 min average. Calls are made with Poisson distribution and ride time are distributed with exponential distribution. One of the companies is owned by Gomis and he is considering to buy the other company. Muslera is one of the drivers and suggests Gomis to upgrade cars instead of buying the other company. Let is clasify those two options. Consider Gomis idea of buying the other company. In this case Gomis will have 4 cars and all the demand will came to his only cab company. This option will cost approximately 1.2 Million TL( since the cab plates are very expensive) According to Muslera’s idea number of cars will stay the same (i.e.2) demand will be the same but average rid time will be reduced by 2 min. This option will cost about 200.000TL. a) Consider the current situation. Calculate average waiting time of a customer for a cab b) Consider Gomis idea. Calculate average waiting time of customer for a cab c)Consider Muslera’s idea. Calculate average waiting time of customer for a cab d)Which idea is better terms of average waiting time of a customer and cost of option. Gomis or Muslera’s. Why?
Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..
Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..
Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..
An analysis of the holding costs, including the appropriate annual holding cost rate.
Briefly explain Evolution and contributor of Operations management.
A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.
Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.
Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.
Ccompare the effectiveness of different leadership styles in different organizations
Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.
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