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A business school is considering replacing its copy machine with-a faster model. Past records show that the average student arrival rate is 24 per hour, Poisson distributed, and that the service times are distributed exponentially. The selection committee has been instructed to consider only machines that will yield an average turnaround time (i.e., expected time in the system) of 5 minutes or less. What is the smallest processing rate per hour that can be considered?
Prepare a master schedule given this information: It is now the end of week 1; customer orders are 25 for week 2, 16 for week 3, 11 for week 4, 8 for week 5, and 3 for week 6. Use the MPS rule of ordering production when projected on-hand inventory w..
"Legal Detriment" in the context of consideration means:
Quality is in the eye of beholder. Explain. Further, discuss how "doing right at first time" is related to the 4 costs of quality.
Snoopy borrows $7300 at 9.2% nominal convertible monthly to pay for his new super-deluxe doghouse. To pay off the loan, he agrees to make monthly interest payments on the loan, and he also will make equal monthly deposits into a sinking fund account ..
You want to build a factory. Your factory is composed of several identical machines operating simultaneously. Each machine breaks down exactly once every month in day at random. Unfortunately, as long as one machine breaks down, you Deed to shut down..
Illustrate what alternative kinds of promotions are most likely to build brand equity further. Explain how can product/service extensions do same. Illustrate what are pros also cons of each.
Compare and contrast global workers, expatriates, local nationals, and third-country nationals. What impact, if any, do they have on international pay systems?
How can a lean layout aid a firm in reducing its safety stock? Can a lean layout help a firm achieve the other elements of lean thinking? Be sure to provide real-world examples of firms you are familiar with and how a lean layout has aided them.
Describe who will comprise your management team, and what talents or skills each of the team members will bring to the organization. Include a simple organizational chart.
Identify and briefly describe a diffusion network that you have experienced, weaving support / information from our readings with your own professional practice and application.
Dr. Montana is approached by his boss and asked to conduct a survey on the employees to determine how to make a great workplace. Dr. Montana constructs a survey and administers it to the employees. Should Montana release the names? Why or why not? Wh..
What are trade- offs? Why is careful consideration of trade offs important in decision making? Why is it important for the various functional areas of a business organization to collaborate? In what general ways does technology have an impact on oper..
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