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A new storm drainage system must be constructed right away to reduce periodic flooding that occurs in a city that is in a valley. Five mutually exclusive designs have been proposed, and their present worth (in thousands of dollars) of costs and benefits are the following:
_________________________________________________
_________________________System__________________
__________________1_______2_______3________4_______5
PW of costs______ $1000__ $4000____$4000 ____$10000 __$12000
Pw of benefits______8000___8000_____14000_____16000___24000
a. Which system has the greatest B-C ration?
b. Which system has the largest incremental B-C ratio (based on differences between alternatives)?
c. Which system should be chosen?
Describe the importance of a project kick-off meeting, and what needs to be reviewed in that meeting.
Find the probability that 8 customers will arrive in a particular 15-minute period.
A small town with one hospital has 2 ambulances to supply ambulance service. Requests for ambulances during non holiday weekends average .50 per hour and tend to be Poisson-distributed. Travel and assistance time averages 2 hours per call and follows..
Why is national culture important for companies going international?
One of the industrial robots designed by a leading producer of servomechanisms has four major components. Components' reliabilities are .97, .96, .94, and .92, and all these components must function in order for the robot to operate effectively. Desi..
Sid Das Brick Distributors currently employs 1 worker whose job is to load bricks on outgoing company trucks. An average of 24 trucks per day, or 3 per hour, arrive at the loading platform, according to a Poisson distribution.
Summarize the service it offers, including capacity. Design a checklist of 25 questions that you would ask to determine whether to use this service or not. Be specific and include both compliance and process-specific questions
Provide a detailed summary of your hospital's organizational structure. Include a tabulated description of the levels of professionals within the organization. Describe the duties of each major head within the organization.
The cost of baking a cake is $6 and demand is estimated to be normally distributed with a mean of 25 and a standard deviation of 4. What is the optimal stocking level?
Find the range of values of c1 fir which the current basis remains optimal.
A hacker threatens to shut down a company's computer system unless the company pays $10 million to the hacker. What crime has the hacker committed and what federal criminal statue has been violated?
How many dozen may be made between 8:00 am and 3:00 pm if only the available equipment is used? What are potential "hot spots" or problems with this process? What are potential solutions?
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