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Computer monitors arrive to a final inspection station with a mean time between arrivals of 5.5 minutes (exponentially distributed). Two inspectors test the units, which takes an average of 10 minutes (again exponential). However, only 90% of the units pass the test; the remaining 10% are routed to an adjustment station with a single worker. Adjustment takes an average of 30 minutes, after which the units are routed back to the inspection station. Construct a SimQuick model of this process and determine the average waiting time at each station, number of units in each queue, and percentage use of the workers.
Questionnaires and surveys are well established techniques for assessing project risk. Briargrove has been a learning process to this point.
Two new production scheduling information systems for Ferro Corporation could be developed at a cost of $105,000 and $135,000 respectively
Prepare an explanation of what constrained optimization and the Theory of Constraints are. Also, explain if it should be implemented in all organizations. If you think this is something organizations should pursue, would it be a tactical or strategic..
When the equity method of accounting for an investment is appropriate?
Do you think there are more benefits to society from a system that rewards ethical behavior or a system that punishes unethical behavior?
Harden, Harden, & Harden is a venerable Wall Street stock brokerage firm. It has its business offices located in downtown Manhattan in the Wall Street district. Its information technology offices are located across the Hudson River in Jersey City. Id..
Calculate a linear trend equation for the following data and estimate for period 2014. Is the slope statistically significant? How do you know?
Suppose that an (R,Q) model is used to manage inventories. The firm is planning changes that will reduce the lead time to receive replenishments, but the firm is also planning on making its assortment more "fashionable", which essentially means that,..
Contrast the dynamics between dominant cultures and subcultures either in a work setting or in society. Explain why it is important to understand the impact of culture.
Revised this paragraph, Low-fat healthful choices are an important current trends. It's tatally amazing that there are as many as one in five U.S. consumers on a diet. That's why our menu should reflect low-calorie, healthful options that still taste..
A local nursery, Greens, uses 1560 bags of plant food annually. Greens works fifty-two weeks per year. It costs $10 to place an order for plant food. The annual holding cost rate is $5 per bag. Lead time is one week.
Simon has realized that he should take the first step and act on his own to ensure that the organization's goals are met. Simon is practicing?
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