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A group of mechanics at Ace Garage repair vehicles that break down at an average of λ = 7 vehicles per day (approximately Poisson in nature). The mechanic crew can service an average of μ=11 vehicles per day with a repair time distribution that approximates an exponential distribution.
a. What is the utilization rate for this service system?
b. What is the average time before the facility can return a breakdown to service?
c. How much of that time is spent waiting for service?
d. How many vehicles are likely to be waiting for service at any one time?
How would you assess whether or not you should negotiate? Identify the factors you would consider and the overall rule you would apply.
However, such Pull-Systems leave a company very vulnerable to disruptions in the supply chain. Discuss this approach to Inventory control and ways to mitigate disruptions in the supply chain
What concepts of scientific management are useful today? Is there any remaining use of time and motion studies, of standard times, or of man-machine interaction studies?
It has been said that forecasting using exponential smoothing is like driving a car by looking in the rear-view mirror. What are the conditions that would have to exist for driving a car that are analogous to the assumptions made when using expone..
What is the relationship between SWOT and Strategy? Provide real world examples. Additional research is necessary by using scholarly publications. Cite accordingly.
A firm plans to begin production of a new small appliance. The manager must decide whether to purchase the motors for the appliance from a vendor at $7 each or to produce them in-house. Either of two processes could be used for in-house production;
If you decide to use equity financing, where would you find equity financing? What should you be aware of when using equity financing?
Sometimes projects are so small or so short that they do not need a formal project management methodology. Create a policy describing under which circumstances a formal and complex methodology should be used. Be specific.
Use different scheduling rules to achieve different objectives as listed below also provide a rationale for each of the responses: Minimize the throughput time. Minimize the lateness of all jobs.
Who should play a role in determining how the organization is designed? What are some of the most prevalent obstacles managers face? Where do you see opportunities for managers to increase partnerships with their HR staff?
Helter Industries, a company that produces a line of women's bathing suits, hires temporaries to help produce its summer product demand. For the current four-month rolling schedule, there are three temps on staff and 12 full-time employees. Calculate..
What opportunities are there for established airlines to improve their competitive position through differentiation strategies? Make specific proposals for how established airlines can differentiate their customer offerings more effectively.
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