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A production operation is a single-channel, single-phase, unlimited-queue-length queuing system. Products arrive at the operation at an average rate of 30 per hour, and the present average production rate is 33 products per hour. Management wants products to be at the operation an average of only .1 hour. What is the new average production rate at the operation? The answer is 40 products per hour. I need to know what the formula is and an illustration of how to find the answer part two of this question which is . In problem 1, how much would the average work-in-progress (WIP) inventory be reduced with the new production rate?
You have been in company A for a 8 years and you just finished your bachlors and are due to a promotion. Your manager who was awaiting your degree completion resigns from the organization. The new manager is an outsider and he does not like you a lot..
Please describe two products or services that you have purchased recently, one product or service that you feel represented good value for money, and one that did not. What adjustments to the pricing strategy would you recommend in relation to the pr..
If you decide not to use all 20 suppliers, average cost of not buying from a supplier is $400 per supplier as the supplier has to be compensated for lost business. If you decide to get new suppliers, the cost of contracting and training a new supp..
First City Bank orders cash from the Federal Reserve Board to meet daily transaction needs. Linda Davis, the operations manager, estimates that $5,000,000 in cash will be needed next month. How much should Linda order from the Federal Reserve Board e..
What do you consider the most important milestones in the history of U.S. healthcare, and why? Discuss at least two such milestones, and be sure to support your answer.
What is final-offer arbitration? What is its objective? What is the role of the fact-finder in a private sector impasse? Write a note on conventional arbitration.
The director of a cardiac rehabilitation program was recently approached by a sales representative from the community newspaper selling advertising space. The sales representative underscored the fact that the paper had the largest circulation of any..
The Ebola crisis brought many moral and ethical and safety dilemmas to the forefront of the discussion. Review the course materials and discuss how you see the rights and responsibilities of the parties involved in the Ebola crisis. Name the parties,..
Draw the precedence diagram of task to be performed and determine the cycle time - what is the maximum capacity of the line and determine the minimum number of workstations require
problem a cellular phone company wants to locate two new communications towers to cover 4 regions. the company wants to
As a result, Unverferth was able to eliminate costly paper catalogs also gain the ability to give up-to-the-minute information to its dealers. This incremental change which was aided by supplier involvement was an example of the approach to innova..
Which of the following is NOT an accurate statement about the Utilitarian ethical theory?
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