Highway-price and inventory turns of item are independent

Assignment Help Operation Management
Reference no: EM131147136

(Highway) While driving home for the holidays, you can’t seem to get Little’s Law out of your mind. You note that your average speed of travel is about 60 miles per hour. Moreover, the traffic report from the WXPN traffic chopper states that there is an average of 24 cars going in your direction on a one-quarter mile part of the highway. What is the flow rate of the highway (going in your direction) in cars per hour? cleaner is the same for both companies and that the price and the inventory turns of an item are independent.

Reference no: EM131147136

Questions Cloud

Identified two economic advantages to patients : Review key elements which characterize and define health insurance. Assemble a 400 word brief which identifies two of the most important characteristics of health insurance and provide for each characteristic identified Two economic advantages to pat..
Examine the ethical and social implications of offshoring : Examine the ethical and social implications of offshoring. In your analysis, be sure to consider the issue from the perspective of both a U.S. employee and a foreign employee.
Strategies used for adapting products to global market : Discuss the strategies used for adapting products to a global market. Which strategy is the best and why? Who benefits from this strategy the most?
Legislation to prohibit monitoring of customer-service : Some organizations proposed federal legislation to prohibit monitoring of customer-service or data-entry employees with more than 5 years of experience. Give reasons for and against monitoring experienced employees.
Highway-price and inventory turns of item are independent : (Highway) While driving home for the holidays, you can’t seem to get Little’s Law out of your mind. You note that your average speed of travel is about 60 miles per hour. What is the flow rate of the highway (going in your direction) in cars per hour..
How fast does the company turn its inventory : A manufacturing company producing medical devices reported $60,000,000 in sales over the last year. At the end of the same year, the company had $20,000,000 worth of inventory of ready-to-ship devices. a. Assuming that units in inventory are valued (..
Customized resume that includes summary of qualifications : A hiring manager may get hundreds or even thousands of generic résumés in response to an advertised job opening. A customized resume that includes a “summary of qualifications” ensures that your most impressive qualifications are not overlooked by a ..
How would you define morality and ethics : How would you define morality and ethics? Does morality and ethics mean the same, or are they different? If they are different, discuss the differences between them. Also, provide examples to validate your responses.
Two instances in which you use form of quantitative analysis : Identify two instances in which you use a form of quantitative analysis in your daily lives. Discuss the tools you use and how quantitative analysis helps you make better decisions. Examples might include selling an item to a customer, calculating si..

Reviews

Write a Review

Operation Management Questions & Answers

  Exceeding the capacity of any manufacturing facility

A company has m manufacturing facilities. The facility at the ith location has capacity to produce bi units of an item. The product should be shipped to n distribution centers. The distribution center at the jth location requires at least aj units of..

  Some favoritism in giving out assignments

Upon meeting her new supervisor, Shelly, an assistant department manager for several years, mentions that in the past there has been some favoritism in giving out assignments. The next day Shelly’s supervisor takes her into his office and says, “Shel..

  When calculating partial productivity and labor productivity

Labor has been mentioned by many of the class as an important factor in measuring productivity, and I agree. What are some ways to increase labor productivity? What are some examples of components you may want to measure when calculating partial prod..

  Texaco operated in partnership with ecuadorean government

Given the fact that Texaco operated in partnership with the Ecuadorean government, is Texaco’s activity in the Amazon morally justifiable? Explain.

  Observing processes in a business

Using any business as an example, or by observing processes in a business, or by talking to someone who works, you should produce information about the 6 steps. Provide an introduction of any random company, industry and your association. Assess the ..

  What is the corresponding order-up-to level

For each dollar carried the company incurs 15% cost annually which includes cost of capital and insurance. 1. What is the profit-maximizing order-up-to level for cash? 2. Suppose Jim is interested in ensuring that the company immediately satisfies al..

  Quality and safety education for nurses

Review nursing informatics competencies such as those outlined by the American Nurses Association (ANA), the Technology Informatics Guiding Education Reform (TIGER), and the Quality and Safety Education for Nurses (QSEN).

  The situation and enhance potential for success

Leaders use their knowledge of how a situation will affect leadership to proactively change the situation and enhance potential for success

  Context of contract law for dealership

What do you think about this situation? Should parties to a sales contract be able to rescind a contract because of mutual mistake of fact? Why or why not? Did either party act unethically in this case?

  Discuss current supply chain system at dimco

Independent caterers have more flexibility than o r types of businesses offering catering services. Discuss current supply chain system at DIMCO.

  The burden of proof required in a criminal case

The primary source of federal power to regulate trade between states is the. The primary trial court in the federal system is the. The burden of proof required in a criminal case is

  Assuming an allowance factor of 12 percent of work time

Assuming an allowance factor of 12 percent of work time, determine the standard time for this job.

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