Calculate the total hourly waiting cost

Assignment Help Operation Management
Reference no: EM131173020

Newark Liberty airport has two runways. Runway 1R serves only large jets, while runway 1L serves only smaller jets. Larger jets wishing to use runway 1R arrive at the average rate of 20 per hour, while the smaller jets using 1L arrive at the average rate of 30 per hour. Each runway can handle an average of 60 jets per hour. Unfortunately, it is rather expensive to keep aircraft airborne while waiting to land. The large jet incur a cost of $25 per minute, while the small jets cost $10 per minute while circling to land. Calculate the total hourly waiting cost for all jets at the airport.

Reference no: EM131173020

Questions Cloud

Probability of having to wait : Suppose the criterion for justifying a second booth is changed to the following: Install a second booth when the probability of having to wait at all exceeds 0.6. Under this criterion, by how much must the arrival rate per hour increase to justify..
Paralegal in determining what requires investigation : Please specifically discuss how these skills assist the paralegal in determining what requires investigation, what requires legal research, and what sources of law/legal authority would be helpful.
Explain and support database schema with relevant arguments : Explain and support the database schema with relevant arguments that support the rationale for the structure. Note: The minimum requirement for the schema should entail the tables, fields, relationships, views, and indexes.
How psychology has impacted these aspects : A description of the educational levels required and recommended (i.e. what can a MA level forensic psychologist do, versus a Doctorate level professional). Different roles that a forensic psychologist can take. This can include roles in the court..
Calculate the total hourly waiting cost : Unfortunately, it is rather expensive to keep aircraft airborne while waiting to land. The large jet incur a cost of $25 per minute, while the small jets cost $10 per minute while circling to land. Calculate the total hourly waiting cost for all j..
International management is affected by each factor : Step 1: Select two factors listed below; Step 2: Explain both how and why international management is affected by each factor, and; Step 3: Provide an explanation with one example for each of your two factors selected.
Explore the scope and analyze how to control the scope : Describe the scope and analyze how to control the scope. Describe the integration with other systems and infrastructure. Note: Database and interface design, security, and networking should be considered.
What risks and opportunities associated with this process : Up until now, George has made a good living licensing out his technology and living off of royalties. If you were a consultant educating him on the technology licensing process, what are risks and opportunities associated with this process that yo..
Wal-mart of providing poverty-level wages : In a feisty response to critics who accuse Wal-Mart of providing poverty-level wages (around $9.68 an hour, on average) and few benefits, Wal-Mart chief executive H. Lee Scott, Jr., said Wal-Mart offered good, stable jobs, noting that when it open..

Reviews

Write a Review

Operation Management Questions & Answers

  Explain to bob colbert why he should use gaap

MoviesPlus, Inc. is in its third year of business. The company offers DVD rental to online customers for a fixed monthly fee. For $20 per month, a customer receives three DVDs each month, one at a time as the previous one is returned. Explain to Bob ..

  How important is proofreading

How important is proofreading? In business how much damage can come from a lack of proofreading? As a manager how you can both become a stronger proofreader and stress the importance to your employees? Explain. Why or Why not? How?

  Define the three criteria for evaluating effective team

Define the three criteria for evaluating effective team/group work (as stated in your text) and analyze whether the "team" in the video is effective or not.

  You jump out of your car at a location known to have one

you jump out of your car at a location known to have one atm but a history of a line. usually you can expect to wait

  Explain the first step in the human resource management

Explain the first step in the Human Resource Management Process. What is the "Decruitment", and how might it relate to this first step?

  Formulate the linear programming model

formulate the linear programming model. solve the linear programming model on Excel. A publisher has orders for 600 copies of a certain text from San Francisco, 300 copies from San Jose, and 400 copies from Sacramento. The company has 700 copies in a..

  Describe how should it schedule these machines

associated with producing the brake shoes on every machine along with the available capacity on every machine. If the Corporation has received an order for 1,800 brake shoes, describe how should it schedule these machines.

  Estimate for potential customer service contract

As the estimator for Rajendra Tibrewala Enterprises, your job is to prepare an estimate for a potential customer service contract. The contract is for the service to diesel locomotice cyclinder heads. The shop has done some of these in the past on a ..

  Assume that the food and drug administration

Assume that the Food and Drug Administration (FDA), using proper procedures, adopts a rule covering future investigations involving the FDA’s regulation of food additives. According to the new rule, the FDA will not regulate food additives without gi..

  Public companies identified in the economist special report

Evaluate the threats to public companies identified in The Economist Special Report (19-May-2012.) How serious is this threat? Will limited liability companies survive? Do they deserve to survive?

  Implemented strategic HRM initiatives

Identify an organization that successfully implemented strategic HRM initiatives. Present the initiatives and discuss the business strategies achieved as a result of the initiatives.

  Explain competitor''s product and analyzing

The act of taking apart a competitor's product and analyzing it is referred to as process benchmarking. Any employee who comes in direct contact with customers can obtain useful information simply by engaging in conversation and listening to custo..

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd