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The management of the Fore and Aft Marina in problem 16 wants to investigate the possibility of enlarging the docking facility so that two boats can stop for gas and servicing simultaneously. Assume that the arrival rate is 5 boats per hour and that the mean service rate for each of the channels is 10 boats per hour.
a) What is the possibility that the boat dock will be idle?
b) What is the average number of boats that will be waiting for service?
c) What is the average time a boat will spend waiting for service?
d) What is the average time a boat will spend at the dock?
e) If you were the manager of Fore and Aft Marina, would you be satisfied with the service level your system will be providing? Why or why not?
What is the annual net cost effect of this quality-improvement initiatives?
What is a serial entrepreneur? Is this a new phenomenon?
Describe a specific example of the trade-offs between any two of the competitive dimensions.
you work for an international clothing companu called.Armoni. A non-profit organization has just revealed that a line of your stonewashed jeans is produced in hazardous conditions in bangladesh.
Mary Ann has always loved to cook and is interested in starting a catering business. Being aware of the failure rate of new businesses, she is considering buying an existing catering business that is up for sale.
Compare and contrast the service positioning matrix and the product process matrix in terms of their differences and similarities. Provide at least one example currently used in business for each of the matrixes and evaluate their benefits
What was the name of the first computer made by Apple that had a graphical interface?
If you decide to use equity financing, where would you find equity financing? What should you be aware of when using equity financing?
Over the last year 2,500 injections were administered at a clinic. In five of these instances, the incorrect dose was given. What is the epmo metric and what six sigma level does it correspond to?
Identify how production processes are organized in a typical manufacturing organization. What are some specific examples?
what are the pros and cons of flexible schedules from an employee's perspective?
what is better in terms of system reliablitly of a product a) use poor reliablity sub systems with low cost in parallel configuration or B) use high reliabilty sub systems with high cost in series configuration?
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