Production lot size-waiting line problem

Assignment Help Mathematics
Reference no: EM13122964

1. Kellam Images prints snack food bags on long rolls of plastic film. The plant operates 250 days a year. The daily production rate is 6000 bags, and the daily demand is 3500 bags. The cost to set up the design for printing is $300. The holding cost is estimated at 2 cents per bag.

a. What is the recommended production lot size?

b. If there is a five-day lead time to set up the line, what is the recommended reorder point?

2. In a waiting line situation, arrivals occur at a rate of 2 per minute, and the service times average 18 seconds.

Assume the Poisson and exponential distributions.

a. What is Arrival rate?

b. What is Service rate?

c. Find probability of no units in the system.

d. Find average number of units in the system.

e. Find average time in the waiting line.

f. Find average time in the system.

g. Find probability that there is one person waiting

Reference no: EM13122964

Questions Cloud

Explain vertical line with a graph of equation : A brief and an original writeup has been provided to explain the student community the concept of vertical lines. A graphical example of equation x=4 has been attached to aid the understanding of the concept.
How much energy is required to warm water : how much energy is required to warm 100g of H2O from 20 degrees celcius to 80 degrees celcius if it is initially in a 140g glass flask? the specific heat of water is 4.18 J/g degree celcius.
Allowance for doubtful accounts : Determine the amount to be added to Allowance for Doubtful Accounts in each of following cases.
Explain how division of housework was fair : Amount of housework done by men and women in dual-earner marriages. The study showed that 67.5% of the men felt that the division of housework was fair?
Production lot size-waiting line problem : Kellam Images prints snack food bags on long rolls of plastic film. The plant operates 250 days a year. The daily production rate is 6000 bags, and the daily demand is 3500 bags. The cost to set up the design for printing is $300. The holding cost..
How many grams of acetic acid are in a sample : If 4.00 ml of vinegar needs 42.0ml of 0.110M NaOH to reach the equivalence point in a titration, how many grams of acetic acid are in a 1.10qt sample of this vinegar?
Accounting for uncollectible receivables : Journalize the following transaction using the direct write-off method of accounting for uncollectible receivables.
Find the arguments for and against claim : Theorists maintain that the development of virtuous character requires the right sort of society and culture. What are the arguments for and against that claim?
Possible violations of securities laws : The SEC's Enforcement Division investigates possible violations of securities laws, recommends SEC action when appropriate, either in a federal court or before an administrative law judge, and negotiates settlements.

Reviews

Write a Review

Mathematics Questions & Answers

  Calculate the percentage of students who score less than 700

Calculate the percentage of students who score less than 700

  Find probability amd mutually exclusive events

Probability amd Mutually Exclusive Events, A fair dice is rolled. What is the probability of rolling an odd number OR a number less than 3?

  Objective question based on probability distribution

Objective question based on probability distribution.

  Find the test statistics

Find the test statistics

  Evaluate the volume remaining of a sphere

What speed is the lamp's spot moving as it passes the point where it is perpendicular to shore? How fast is the spot moving along the shore when the spot is 1 km from the point at which it is perpendicular?

  Finding the occurrence of the supernova

Finding the occurrence of the supernova using the information provided in the problem - devise and execute a strategy for finding out when the supernova actually occured, relative to when the chinese astronomers saw the explosion.

  Calculating the probability values

Calculating the probability values

  Calculate the critical value

Calculate the critical value

  Negative correlation between math skill and english skill

Test whether there is negative correlation between math skill and English skill using Spearman's rank correlation coefficient

  Analyzing the use of large samples in surveys

Analyzing the use of large samples in surveys - Give your understanding of why people doing polling and opinion surveys

  Discrete random variable defined on a finite sample space

Discrete Random Variable Defined on a Finite Sample Space. a) Prove that if X is a discrete random variable defined on a finite sample space, S, then we have E(X) = SUM X(a) P({a}).

  Permutation and combination

Permutation and combination

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd