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A certain manufacturing process requires a continuous supply of water. The water comes from a tank and is maintained at a constant level with a pump. Should the pump stop, an alarm sounds, and the tank has enough water to last 2.5 hours. Id the tank runs dry the process must be stopped, and the costis $8,000 per hour. Suppose the most common failure mode of the pump is a seized bearing. A bearing has a MTBF of 3 years and requires 4 hours to replace. It is possible to anticipate when a bearing is about to fail by checking the sound of the pump once a week. Such a bearing can be replaced during a shift when the process is not running. It takes 20 minutes for a $30/hour inspector to perform the sound check. The process runs 50 weeks a year.
Is it cost effective to performt he weekly sound check? Explain
Suppose a standby pump with the annual capital and operating cost of $800 is to be installed, is this a good idea? Explain
What should be the main trade promotions objectives for Hot Fire Fuel Injector Cleaner? What challenges or obstacles might keep the company from reaching those objectives? Design a trade promotions program for Hot Fire Fuel Injector Cleaner.
Formulate a nonlinear program representing the profit maximization problem for the bakery - There is a total of 4 hours available for baking time. There must be at least 200 units of muffins and at least 200 units of doughnuts produced.
Class, Continuing a conversation of workplace dynamics; if we include a perspective of our own personality interacting with others in organizational constructs class; With regard to Bennis and Nanus (1985) position; "clear vision, social architects, ..
Describe the business and provide a summary of the business analytics they could apply to their business in multiple scenarios. Describe the benefits and disadvantages of business analytics, as well as how the organization can be proactive in addre..
Elucidate how often (illustrate what percentage of time) is each service desk idle. Illustrate what is the probability that both service clerks are busy.
How might a manager go about identifying the skills that the company will need in the future? What skills might an organization like a bank need from its employees?
Using the framework for the collaborative approach to problem solving, explain the behavioral guidelines when one acts as an initiator in dyadic confrontation. Also, provide example statements that the initiator can make for each major guideline.
A worker-machine operation was found to involve 4.6 minutes of machine time per cycle in the course of 40 cycles of stopwatch study. The worker’s time averaged 1.9 minutes per cycle, and the worker was given a rating of 120 percent (machine rating is..
Chief Draper has noticed that the behavior of many of his officers reflects a lack of understanding of many basic criminal justice concepts. Last week, he received a complaint about a patrol officer with ten years of experience on the force.
You have just completed a research study for a local high school athletic department A small portion of the research contradicts the rest of the research findings. Should you omit the contradictory findings from your final report? Why or why not?
A power Corporation in Missouri can buy coal for its generating plants from western mines in Utah or from eastern mines in Pennsylvania. Elucidate what is value of transportation from western mines.
Compared to manufacturing, service requirements tend to be more time dependent, location dependent, and volatile. In addition, service quality is often directly obsevable by customers. Find a recent article in a business magazine that describe how a ..
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