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A highway construction firm is working on a cut-and-fill stretch of roadway for which dump trucks and power shovels are the primary equipment being used. Time studies reveal the following time values (minutes):
Time to load a truck: 10
Travel time to dumping point: 15
Dumping time: 2
Return time: 12
(a) What is the minimum number of trucks that will prevent idle time on the part of the power shovel?
(b) Suppose that it costs $125 per hour to operate the power shovel and $75 per hour to operate each truck. How many trucks should be assigned to the job to minimize the cost per truckload hauled?
(c) Construct a multiple activity chart for the most economical arrangement between dump trucks and the power shovel.
Describe specific experimentation and observational methods that could be used within your discipline to gather data. Include your rationale. Evaluate their effectiveness with respect to certain areas within your discipline.
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Use exponential smoothing with a smoothing constant of 0.3 to forecast the registrations at the seminar given in Problem. To begin the procedure, assume that the forecast for year 1 was 5,000 people signing up. What is the MAD? What is the MSE
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Sales under the UCC do not require the mirror-image rule, but sometimes result in a battle of the forms.
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