Staffing policy that minimizes total operating cost

Assignment Help Operation Management
Reference no: EM13904167

Please show work The supervisor at the precision machine shop wants to determine the staffing policy that minimizes the total operating cost. The average arrival rate at the tool crib, where tools are dispensed to the workers, is 5 machinists per hour. Each machinist pay is 10 per hour. The supervisor can staff the crib either with a junior attendant who is paid 10 per hour and can process 14 arrivals per hour or with a senior attendant who is paid 16 per hour and can process 18 arrivals per hour. Which attendant should be selected/ The _______ should be selected with a total hourly cost of ____ ( rounded two decimal places)

Reference no: EM13904167

Questions Cloud

Company that manufactures and markets adirondack chairs : Identify the four popular approaches to departmentalizing. Specify which approach you would recommend for each of the following organizations: a. A retail hardware store b. A company that manufactures and markets Adirondack chairs. c. A company with ..
Explain how etsys web and business philosophy : explain how Etsy's web and business philosophy make it a social networking site in addition to being an online business that sells goods
Risk managers use a number of methods for handling risk : Risk managers use a number of methods for handling risk. For each of the following, identify the method for handling risk and briefly explain that method.
Determine staffing policy-minimizes total operating cost : The supervisor at the precision machine shop wants to determine the staffing policy that minimizes the total operating cost. The average arrival rate at the tool crib, where tools are dispensed to the workers, is 5 machinists per hour.
Staffing policy that minimizes total operating cost : The supervisor at the precision machine shop wants to determine the staffing policy that minimizes the total operating cost. The average arrival rate at the tool crib, where tools are dispensed to the workers, is 5 machinists per hour. Each machinist..
Acquistion of geocities and its subsequent operation : Using your favorite search engine or your library, review the Yahoo! acquistion of GeoCities and its subsequent operation and closure of that virtual community. In about 100 words, outline what Yahoo! might have done differently to make GeoCities suc..
Define the term digital economy : Define the term digital economy and describe the major characteristic of the digital economy. Explain benefits and challenges that, in your opinion, traditional “brick and mortal” businesses will confront in this new economy
Political leaders argue that offshoring is dangerous : Some business and political leaders argue that offshoring is dangerous because it can move jobs from developed countries to less-developed countries. Using resources in your library or online, present two arguments for and two arguments against a U.S..
Identify which of the three main categories of leadership : Identify which of the three main categories of leadership approaches (e.g., leaders, followers, situation) does this perspective fall into, and explain why you think so. What are the ideas and guidelines in this book that you see as strengths? What d..

Reviews

Write a Review

Operation Management Questions & Answers

  Linear programming-production problem

A manufacturing company produces four different models of integrated circuits. Each type of circuit requires material, labor, and machine time. The optimal combination of the four types of circuits is limited by the constraints of availability for..

  What is the concept of comparative norm

What is the concept of comparative norm in determining the basic wage rate? Why there are limitations to this approach? What has led companies to grant various forms of individual treatment to companies?

  Introductory description of the leader profile

Write a profile of a leader you know. Preferably, this is someone in management where you work - or where you once worked. If you don't know such a leader, write about some other leader you know who leads an organization such as a school, church, ..

  What is the optimal order quantity

MamaMia’s Pizza purchases its pizza delivery boxes from a printing supplier. MamaMia’s delivers on-average 200 pizzas each month (assume deterministic demand). Boxes cost 20 cents each, and each order costs $10 to process. What is the unit holding co..

  Weiss adds a new plant addition and atr does not produce

Weiss still expects $15,000 profit. If Weiss adds a new plant addition and ATR does not produce a competitive product

  Discuss the challenges facing compensation professionals

Discuss the challenges facing Compensation Professionals. Include future challenges relating to Economical concerns, Demographics, Productivity, Court and rulings on marriage.

  What will be the effect on the average queue length

The Petreco Service Station has one pump for regular unleaded gas, which (with an attendant) can service 10 customers per hour. Cars arrive at the regular unleaded pump at a rate of 6 per hour. Determine the average queue length, the average time a c..

  Which marketing strategy focuses on a single market segment

Which marketing strategy focuses on a single market segment but adds additional product lines?

  Research suggests

Research suggests that (1) individuals differ in their level of values development (2) individuals hold different sets of instrumental values at different stages of development, and (3) peoples value priorities do not change once they become adults. ..

  Projects and programs as portfolio of investments

Portfolio management is a business strategy in which organizations view projects and programs as a portfolio of investments. Portfolio managers select projects with a strategic perspective. Project managers can become more successful when they develo..

  Recommendations for ensuring adequate fire prevention

What are your top ten recommendations for ensuring adequate fire prevention and protection in this facility? Provide a brief justification for each of your recommendations.

  Project manager to have superior leadership skills

How much technical knowledge should a project manager have? Should the project manager have knowledge of all the skills that are needed for a project or is it more important for the project manager to have superior leadership skills?

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