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Problem 1 -
An undergraduate business student has purchased a laptop computer for use during exams. This laptop is perfectly reliable except for two parts: its microchip, which has a failure rate of one in every 15 hours of operation; and its battery, which has a failure rate of one in every 20 hours of operation. Assuming that a new battery has just been installed, what is the probability that the LAPTOP will perform reliably during a 3 hour exam?
Problem 2 -
An undergraduate business student has purchased a laptop computer for use during exams. This laptop is perfectly reliable except for two parts: its microchip, which has a failure rate of one in every 30 hours of operation; and its battery, which has a failure rate of one in every 40 hours of operation. Assuming that a new battery has just been installed and the student brings one spare, fully charged battery with him, what is the probability that the LAPTOP will perform reliably during a 2 hour exam?
Problem 3 -
An undergraduate business student has purchased a laptop computer for use during the upcoming semester. This laptop is very reliable, but she is concerned that the battery will wear out before the end of the semester. According to the Manufacturer, on average the battery will wear out in 140 hours, with a standard deviation of 6 hours. After looking at her course schedule, she anticipates 146 hours of time will be needed working on the laptop. What is the probability that the battery will last this amount of time or longer?
Determine which activities are non-critical and their respective slack times. How long will the project take to accomplish?
Illustrate what a manager can do to diagnose also improve motivation. Consider when a group or team is involved explain how this differs from when just individuals are involved.
A company is negotiating with a potential supplier for the purchase of 100,000 widgets. The company estimates the suppliers variable costs are $5 per unit and that the fixed costs
Given this information on planned and actual inputs for a service center, determine the work backlog for each period. The beginning backlog is 12 hours of work. The figures shown are standard hours of work.
Acme International is thinking about purchasing a new widget making machine. Management is reviewing two proposals
Formulate linear programming model for this problem. Mention the objective function (minimize or maximize) and all model constraints. Solve this model graphically. Identify the following: each constraint line, feasible solution area, x1, x2 and Z..
Continuous review inventory control is being applied to purchase motors for an electric fan manufacturer. Demand is uniformly distributed between 500 and 600 motors per week
a Draw an AON diagram of the project including activity durations and define the critical path, lisitng all critical activities in chronological order
For a customer service operation, elucidate how each of these two approaches could be used to address the complaints which are being received from the customers about the poor customer service.
Elucidate how to manage an organization manufacturing motor cars in a turbulent also dynamic environment. Briefly discuss vendor relations in lean systems in terms of subsequent issues. Why are they important.
Some companies have MySpace pages where employees can mingle and share ideas and information. Do you think this practice is a good idea? Why or why not?
Assume labour is paid $200 a week and the cost of machine time is $100 per week. If the firm wants to produce 1225 units of output, explain how many machines and labour must be employed.
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