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You want to estimate the average unit process time (a.k.a. activity time), p, at a server. You are told that there are five identical parallel resources (m = 5), the server works for 8 hours or 480 minutes each day, the average utilization at this server during the work day is 0.8 (or 80%), and the customer arrival rate is 160 units / day. Among the options below pick the one that most correctly estimates the average unit Activity time, p, corresponding to the above data. Show Calculation.
a. Less than 2 minutes
b. At least 2 minutes but less than 5 minutes
c. At least 5 minutes but less than 8 minutes
d. At least 8 minutes but less than 11 minutes
e. At least 11 minutes but less than 13 minutes
f. At least 13 minutes but less than 15 minutes
g. At least 15 minutes
Should Companies Be Permitted to Include Binding Arbitration Clauses in Consumer Contracts? Fully explain. Do you believe the cases among the women are similar enough to stand under one action because there is a core ultimate problem? Full explain.
What is the certification when a qualified national or international standards body or similar certifying agency audits and certifies that a company is ISO 9000-compliant
Please answer the question and support your ideas, then respond to a minimum of two of your classmates. What are some questions that should be addressed in a risk management plan?
a hospital emergency room averages 50 patients per shift. a shift is 8 hours long and the average patient requires 20
Explain however the inspector, who can test 20 units per hour, is paid $8 per hour, including fringe benefits. Should an inspection station be established to test all units. Illustrate what is the price to test each unit.
FedEx Corp. stock ended the previous year at $103.39 per share. It paid a $0.35 per share dividend last year. It ended last year at $106.69. If you owned 200 shares of FedEx, what was your dollar return and percent return?
Quantitative Analysis for decision making class
A company that makes kitchen faucets has found that demand for its model faucet is fairly constant at the rate of 100,000 units per year. Each model of faucet is made using the same equipment.
Sub-process A takes five minutes, sub-process B takes three minutes, and the sub-process C, which assembles the inputs from A and B, takes four mintues.
Beth, an employer, wants to hire someone for a strenuous job that requires a great deal of training, which will take place over the course of several years. The applicant who appears most qualified is 58 years old; however, Beth is concerned that the..
During the interview process, one of the key items discussed was the importance of controlling labour costs. The current owners feel that a master schedule needs to be developed to help meet the labour cost budget and ensure maximum productivity f..
Given these sales figures over the first 6 months of the year, your boss needs you to test two different forecasting methods (parts a and b below) to determine which method is best. For your measure of “best”, recommend to your boss that the company ..
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