Coin-operated dry-cleaning store has five machines

Assignment Help Operation Management
Reference no: EM131116981

A coin-operated dry-cleaning store has five machines. The operating characteristics of the machines are such that any machine breaks down according to a Poisson process with mean breakdown rate of one per day. A repairman can fix a machine according to an exponential distribution with a mean repair time of one-half day. Currently, three repairmen are on duty. The manager has the option of replacing these three repairmen with a super-repairman whose salary is equal to the total of the three regulars, but who can fix a machine in one-third the time, that is, in one-sixth day. Should he be hired?

Reference no: EM131116981

Questions Cloud

Issues in neuroscience : Issues in Neuroscience-Was it right to trade the suffering experienced by participants for the knowledge gained by the research?
Spencer received a k-1 from a partnership indicating : Spencer Duck (SSN 000-22-1111) is single and his eight-year-old son, Mitch, lives with him nine months of the year in a rented condominium at 321 Hickory Drive in Ames, Iowa.
Assume that the ending account balances are representative : Which of the two companies, as judged by the information given above, would you recommend as the better risk and why? Assume that the ending account balances are representative of the entire year.
How much will net operating income change : Emily, Inc. sells a product for $10 per unit. The variable expenses are $6 per unit, and the fixed expenses total $35,000 per period. By how much will net operating income change if sales are expected to increase by $40,000?
Coin-operated dry-cleaning store has five machines : A coin-operated dry-cleaning store has five machines. The operating characteristics of the machines are such that any machine breaks down according to a Poisson process with mean breakdown rate of one per day. A repairman can fix a machine according ..
Provided with the unadjusted trial balance : You are provided with the unadjusted trial balance (Microsoft® Excel) and your manager's meeting notes and questions (Microsoft® Word) for your new tax client - Phoenix Medical.
Performance has been dropping steadily over last five months : You have recently been promoted to take over a poor performing team of ten. The team’s performance has been dropping steadily over the last five months. Among your many new responsibilities, you have been specifically asked to suggest specific ideas ..
Chain of service facilities : A chain of service facilities (like automobile repair shops) has locations in three cities: A, B, C. Each facility sells two products: 1, and 2. These figures give the maximum demand at each location. It is perfectly possible for the firm to sell les..
Preparing the comparative financial statements : Agassi Corporation is preparing the comparative financial statements to be included in the annual report to stockholders. Agassi employs a fiscal year ending May 31.

Reviews

Write a Review

Operation Management Questions & Answers

  A service process design flowchart is termed to as the

1. a service process design flowchart is referred to as a service blueprint to emphasize what?2. even though they

  What kind of industry knowledge should an auditor possess

what type of industry knowledge must an auditor possess to accurately assess a clients business risk? what is a value

  Difference between the market return and the risk-free rate

Suppose CAPM works, and you know that the expected returns on Google and IBM are estimated to be 16.75% and 12.50%, respectively. You have just calculated extremely reliable estimates of the betas of Google and IBM to be 1.50 and 0.93, respectively. ..

  Create a diagram of the organizational structure

Create a diagram of the organizational structure showing the hierarchy and chain of command. Develop a flowchart that analyzes the steps of the organization's business processes.

  Individual retirement account

China Manufacturing Agents, Inc. is preparing a five-year plan. Today, sales are $1,000,000. If the growth rate in sales is projected to be 10 percent over the next five years, what will the dollar amount of sales be in year five? Dan and Jia are new..

  Guarantee flow of ideas among employees

John wants to guarantee a flow of ideas among employees during his meetings. Which of the following would be the MOST effective?

  Element of the project master plan

Which of the following is NOT an element of the project master plan?

  Differences between services and goods-producing processes

This activity has the purpose of helping students describe key O&SM components and concepts and distinguish the fundamental differences between services and goods-producing processes

  What can you conclude from these data

The following is a control chart for the average number of minor errors in 22 service reports. What can you conclude from these data? Explain how you reached yourconclusion.

  How does program influence decision to purchase

From the perspective of the consumer, how were the paybacks structured and how might they be restructured to entice you at an equal or lower cost of insurance. How does the program influence your decision to purchase,

  Formulate the linear programming model for problem

Formulate the linear programming model for problem providing the objective function and the constraints and the definition of the variables - How many reams should be ordered at a time?

  Budget to traditional media advertising

Evaluate Nike’s decision to move away from the use of traditional mass-media advertising and focus more of its marketing budget on digital media. Do you agree with this decision or do you think Nike should be allocating more of its IMC budget to trad..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd