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The supervisor at the Precision Machine Shop wants to determine the staffing policy that minimizes total operating costs. The average arrival rate at the tool crib, where tools are dispensed to the workers, is 5 machinists per hour. Each machinist's pay is $5 per hour. The supervisor can staff the crib either with a junior attendant who is paid $5 per hour and can process 12 arrivals per hour or with a senior attendant who is paid $18 per hour and can process 16 arrivals per hour. Which attendant should be selected.
Which should be selected, with a total estimated hourly cost of _____________ . (Enter your response rounded to two decimal places.)
Write down a list of its characteristics/attributes. Take each characteristic and indicate what benefits it provides to a customer.
Calculate the long-run market share that the company can anticipate under these assumptions.
BUS 661: Discuss a time in your organization's history (or an organization you are familiar with) when a change process failed.
Choose the pitfalls in strategic planning that management in an organization should watch out for, or avoid? Identify at least three pitfalls. Response should be at least 200 words in length.
What are the objectives of worker's compensation laws? How do you describe the employers' obligations under these laws?
Describe the process of comparing and weighing alternatives and considering the effects of a decision on their own integrity and character.
A new software package is expected or improve productivity at grand insurance however because of training and implementation costs savings are not expected to occur until the third year of operation at that time saving of $10000 are expected, increas..
What are some different threats to the supply chain? What is the material requirement plan (MRP) and why is it used?
What order quantity is optimal? What ROP is appropriate if the acceptable risk of a stockout is 1.5 percent?
Use subcontracting as needed, but no more than 20 units per period. Compute the total cost of each plan. Which plan has the lowest cost? Assume regular monthly production regular capacity.
A process is so vital to an organization that the main unit has 2 backups. In case the main unit fails, either backup can be pressed into service.
Talbot estimates the cost to place an order is $50 also the holding cost for each assembly is $20 per yr. The organization operates 250 days per yr. Illustrate what is the economic order quantity for the XO-01.
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