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A variety of routine maintenance checks are made on commercial airplanes prior to each takeoff. A particular maintenance check of an airplane's landing gear requires an average of 15 minutes of a maintenance engineer's time. In fact, the exact time required is normally distributed with a mean of 15 minutes and a standard deviation of 3 minutes. As part of a larger simulation model designed to determine total on-ground maintenance time for an airplane, we will need to simulate the actual time required to perform this maintenance check on the airplane's landing gear. Using random numbers of 0.1562, 0.9821, 0.3409, 0.5594, and 0.7758, compute the time required for each of five simulated maintenance checks of the airplane's landing gear.
A manufacturer is evaluating options regarding his production equipment. He is trying to decide whether he should refurbish his old equipment for $70,000, make major modifications to the production line for $135,000, or purchase new equipment for $23..
Loan Processing times are being monitored at a local company. Samples of ten observations each have been taken, and the results are listed.
Compute the total "load-distance" LD score for the current solution, and then try to find an improved layout and calculate the total transportation cost.
Gluon Inc. is considering the purchase of a new high pressure glueball. It can purchase the glueball for $120,000 and sell its old low-pressure glueball, which is fully depreciated, for $20,000. The new equipment has a 10-year useful life and will sa..
The field of human resources is evolving from providing services to an organization to becoming a strategic partner in its growth
Why is each of the four situational factors necessary for establishing a claim of disparate treatment? How does the presence or absence of situational factors determine whether a person or group has been subject to disparate impact in the selection p..
The basic purpose of an evaluation is to provide information about work performance, but the information can also be used for other purposes. Name five other uses for an employee evaluation and elaborate on the two you believe are most effective.
To minimize total cost, explain how many units should be ordered each time an order is placed. If the holding cost per unit was $6 instead of $5, illustrate what would the optimal order quantity be.
What are the major operational differences between burger king and mcdonalds? How do these differences relate to each company's method of competing in the marketplace? What implications do these differences have for the management of the operation an..
Describe the advantages and disadvantages of the scientific method and qualitative approaches to research.
An assumption of three-activity-time CPM analysis is that the activity time estimates conform to the beta distribution. What is a valid criticism of this assumption?
The RMC Corporation blends three raw materials to produce two products: a fuel additive and a solvent base. Each ton of fuel additive is a mixture of 2/5 ton of material 1 and 3/5 ton of material 3. A ton of solvent base is a mixture of 1⁄2 ton of ma..
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