Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Beate Klingenberg manages a Poughkeepsie, New York, movie theater complex called Cinema 8. Each of the eight auditoriums plays a different film; the schedule staggers starting times to avoid the large crowds that would occur if all 8 movies started at the same time. The theater has a single ticket booth and a cashier who can maintain an average service rate of 280 patrons per hour. Service times are assumed to follow an exponential distribution. Arrivals on a normally active day are Poisson distributed and average 210 per hour. To determine the efficiency of the current ticket operation,
Beate wishes to examine several queue- operating characteristics.
a) Find the average number of moviegoers waiting in line to purchase a ticket.
b) What percentage of the time is the cashier busy?
c) What is the average time that a customer spends in the system?
d) What is the average time spent waiting in line to get to the ticket window?
e) What is the probability that there are more than two people in the system? More than three people? More than four?
What results in your departments seem to be correlated or related (either causal or not) to other activities. How could you verify this. What are the managerial implications of a correlation between these variables
If a freight-hauling firm estimates it will need a new forklift in six years. the estimated cost of the vehicle is $40,000. The company sets up a sinking fund that pays 8% compounded semi annually, into which it will make semi annual payments to achi..
Laura and Tyler make handmade and hand-painted tables. Their fixed costs for equipment and workspace are $70 per week. The variable cost per table in wood, paint, and other materials is $36. They believe they can sell the tables for $45 each. What is..
A food processor uses approximately 29,390 glass jars a month for its fruit juice product. Because of storage limitations, a lot size of 4,000 jars has been used. Monthly holding cost is 18 cents per jar, and reordering cost is $60 per order. The com..
How might an influence chart help someone who is tasked with building models? Is it beneficial to build an influence chart first before attempting to model the problem? Why or why not? Also, how is an influence chart different from a hierarchical, or..
It has a payback period of four years. What Is the simple rate of return on the machine?
Describe at least one new approach that is a specific result of the changes in the current economic environment. How is this change unique to these times? Will these changes help to maintain your organization's competitive edge?
It is costly to hold inventory (e.g., storage costs, obsolescence costs, etc.) but inventory can also be useful in a process because….
Burger King has experienced huge success with its "Toy Story" promotion as a part of toys giveaway. However, it also had the problem of running out of stock in some restaurants and having a lot of leftover inventories in some others. How many toys mu..
A manager wants to determine the number of containers to use for incoming parts for a kanban system to be installed next month. The process will have a usage rate of 89 pieces per hour. Because the process is new, the manager has assigned an ineffici..
Discuss how to conduct a global strategy analysis and elements involved in implementing a global strategy. Give 5 examples, 3 references and details in 5 or 6 pages
Laub argues that a servant organization “is one in which the characteristics of servant leadership are displayed through the organizational culture and practiced by the leadership and the workforce”.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd