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Bonda Motors runs a large service facility. In the facility, when needing parts to fix automobiles, mechanics have to fill out the parts request form and wait at the parts counter before being handed over the part requested. Mechanics arrive at the counter based on Poisson arrival process at a rate of 30 per hour. The service time at the parts counter is exponentially distributed with a mean of 10 per hour. The mechanic's average wage is $75 per hour and the average wage for a part's clerk is $30 per hour. Both the mechanics and the part counter clerks put in 8 hours of labor every day. Assume population source to be infinite, rationalized partly on rather high arrival rate of the mechanics.
How many parts counters would you recommend if the objective is to minimize the total cost while maintaining proper service?
A large bakery buys flour in 25-pound bags. The bakery uses an average of 1215 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $10 per order. Annual carrying costs are $75 per bag.
Office Max provides low product prices for products strictly classified as office supplies. In terms of Porter's generic business strategy, Office Max is MOST LIKELY using a __________ strategy. profit enhancement cost focus differentiation focus rev..
Select a process you perform daily but would like to spend less time doing, like driving to work. Design a flowchart using an appropriate tool. Comment on the factors which affect the process design.
What are the main differences between storage warehouses and distribution centers? What is throughput and which one has highest throughput?
SITUATION: The Winfrey Corporation is a recent entrant in the Chemical Reclamation Industry. Baxter Chemco Inc. is an established member of the same industry. Winfrey has a large management team but utilizes STRATEGIC MANAGEMENT PLANNING.
In order to beat your competition, you must create value for your customers. If a customer perceives that your product or service has value, then they will make a purchase. Answer the following questions about the nature of value: What is value? Why ..
Leadership via "vision" is necessary for success. Discuss in detail the qualities that a leader must exhibit in order to be considered visionary and how these qualities may be learned and developed.
Try to think of an example when you (or someone else) acted "automatically" without thinking in a way that probably goes against the person's (conscious or explicit) beliefs. Explain how this shows the difference between implicit (automatic/unthinkin..
What steps might you take if you were the project manager? Would your decisions be different if the probability was calculated as 0.75? Would you be willing to take a 25% risk of failing to complete the project on time?
Explain the importance of establishing ground rules and respecting cultures amongst team members. How does diversity within members affect the performances of the group as a whole?
Analyze the capacity situation in the processes that are used to produce the Plasti-brack product line. What are the current capacity utilizations? What is the bottleneck? Determine an appropriate plan for improving the capacity situation. Jus..
Which of the following statements concerning resource flexibility is best?
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