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A practitioner of family medicine begins her day with five patients needing urgent care. She does a very brief assessment of what each patient appears to need and estimates the time required of each. None of the cases is life-threatening, and so she determines to take the five in the order that they arrived at the clinic. The processing-time data for these patients, in the order they arrived, are: Patient A, 30 minutes; Patient B, 40 minutes; Patient C, 10 minutes; Patient D, 50 minutes; and Patient E, 15 minutes.(a) If it is now 8:00 a.m. (a) at what time will the doctor be finished with all five of these emergencies? (b) How much time will the five patients have collectively spent waiting? (c) How much less time would have been spent waiting if the doctor had taken the patients according to shortest processing time?
a radio manufacturer uses 60000 knobs per year for its popular car stereo series. the firm makes its own knobs which it
Gabriela Manufacturing was able to find out a new supplier which would give the item for $1.80 per unit with an annual fixed cost of $200,000. Should Gabriela Manufacturing in source or outsource the item.
The Wallace Stationery Company purchases paper from the Seaboard Paper Company. Wallace produces stationery that require 1,415,000 sq. yards of stationery per year.
Compute the forecasts for each month using exponential smoothing, with an initial forecast for January of $1.80. Use α = .1, then α = .3, and finally α = .5. Using MAD, which α is the best
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What are some of the characteristics of a firm with a long cash cycle?
Propose a new product or service for the new company division. The division should be customer-focused with an innovative mission statement. Ensure that you are differentiating your product or service. Describe how the division addresses customer n..
1. Is a level strategy a pure or a mixed strategy? And the chase strategy? 2. What is a Heuristic method?
Compare and contrast the essential differences between SLT and SLII. Are the differences significant. Why or why not
Explain why an averaging technique would not be appropriate for forecasting Use an appropriate technique to develop a forecast for the expected number of passengers for the next three weeks.
Pioneer Electronics buys video cards at $71 each. The annual demand is 11,475, the annual holding cost is 16% of the purchase price, and the set up cost is $1,085/order
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