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Consider mean arrival rate is 1 customer every 4 mins and mean service time is 5/2 mins. If waiting cost is $5 per unit per min and cost of serviceing one unit is $4. Find minimum cost service rate
How can bottlenecks impact the total organization?
Task time estimates for a production line setup project at Robert Klassens Ontario factory are as follows: Activity Time (in hours) Immediate Predecessors A 6.0 B 7.2 C 5.0 A D 6.0
What happens if balance doesn’t exist?
When is the best time in the research process to start searching for participants?
Disadvantages of Observation Methods: According to bailey the disadvantages in observation technique are: 1. Lack of Control: In artificial setting control over variable sis
What responsibility does GM have towards its employees? Does GM have the same responsibility to the employees of its suppliers?
Analyze the relationship between analysis, planning, implementation, and control. Provide an example of a product or service that flows through the relationship. Break down this pr
What is the Economic Order Quantity technique and what are the basic assumptions the model formula follows?
A manager must decide how many machines of a certain type to purchase. Each machine can process 100 customers per day. One machine will result in a fixed cost of $2000 per day, whi
What are the steps for process improvement? And examples of companies that have used this.
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