Minimize the sum of dock costs and driver-truck costs

Assignment Help Operation Management

Reference no: EM132110364

The manager of a regional warehouse must decide on the number of loading docks to request for a new facility in order to minimize the sum of dock costs and driver-truck costs. The manager has learned that each driver-truck combination represents a cost of $202 per day and that each dock plus loading crew represents a cost of $1,163 per day. Use Table 1 and Table 2.

a. How many docks should be requested if trucks arrive at the rate of four per day, each dock can handle five trucks per day, and both rates are Poisson?

Number of dock(s): _____________

b. An employee has proposed adding new equipment that would speed up the loading rate to 5.71 trucks per day. The equipment would cost an additional $100 per day for each dock. Should the manager invest in the new equipment?

Yes, because the daily total cost with the new equipment is $______________ which is lower than without the new equipment.

Reference no: EM132110364

Questions Cloud

Describe the two main black churches : Explain and describe the two main Black churches in Cleveland during the early 1900's,

Discrimination towards blacks : Prior to 1915, there was little evidence that there was discrimination towards Blacks in hospitals.

Merits of sleazbag motion to controduce hiredgun testimony : Larry Loser has been arrested and charged with posessing a small amount of heroin. determine the merits of Sleazbag's motion to controduce Hiredgun's testimony

Future of digital media and the internet : Has your impression of digital media and society changed after taking this class? hat in your opinion is the future of digital media and the Internet?

Minimize the sum of dock costs and driver-truck costs : Decide on the number of loading docks to request for a new facility in order to minimize the sum of dock costs and driver-truck costs.

What types of informative speeches might each person : What types of informative speeches might each person be called upon to give in her or his personal and professional life?

What is the expected profit for manufacturer and distributor : What is the expected profit for the manufacturer and the distributor? What are the expected profits for the manufacturer and for the distributor?

Accurately reflects the full intention of the parties : A good contract is well organized and clearly written and accurately reflects the full intention of the parties.

Project manager in dealing with diversity-cultural issues : What is the hazard safety requirements for dixions and furans? Discuss the role of the project manager in dealing with diversity and cultural issues.

User Account

All Pages