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As the branch manager of a bank, naturally, you want to make your customers happy. An important factor in enhancing your customer satisfaction is reduced waiting times. You are not happy with the current estimates of the waiting times in your branch. Having learned in your Operations Management class, you know how to approach to solve this problem. You first collected data on the arrival and the service process; and found that the average interarrival time for your customers is 10 mins with sample standard deviation of 4 mins. You also found that the average service time (request processing time for a customer) is 8 mins with sample standard deviation of 5 mins. Suppose you currently employ only one teller.
A network based schedule has four paths, namely, 7,8,9 and 10 weeks. If the 10 week path is compressed to 8 weeks, then Select one: a. The 9 week path is now the critical path b. We now have two critical paths c. Not enough information is provided to..
Pick a brand and go to the Web site. Locate as many forms of communications as you can find. Conduct an informal communications audit. What do you notice? How consistent are the different communications?
Discuss how collusion can have a negative effect as a business strategy. Give an actual example of a collusion strategy used by a company. Describe how a firm develops a business strategy when in a hypercompetitive industry. Explain how a company can..
Write a paper of no more than 1,050 words discussing strategic capacity planning and lean production for the new process design and supply chain process for the electric fans at Riordan.
What should be the map coordinates of the new factory? Graph the locations of the four factories and the proposed raw material factory.
A local partnership was considering the possibility of liquidation since one of the partners (Ding) was personally insolvent. Capital balances at that time were as follows. Profits and losses were divided on a 4:2:2:2 basis, respectively.
Identify a process within an organization that frequently lends itself to reverse logistics. Do the costs of continuing this process exceed the benefits? Describe some of the opportunities and challenges you see in this topic, from the logistical sta..
what five physical areas between people does differential psychology focus on identifying? is it important for managers
Your company assembles five different models of a motor scooter that is sold in specialty stores in the United States. The company uses the same engine for all five models.
How will changes in the labor force that are taking place now, effect HRM practices for the decades to come?
Calculate the economic manufacturing quantity to minimize the total annual inventory cost for the following situation: Annual demand = 10,000 units per year Daily production rate = 100 units per day Workdays per year = 250 days Order cost = $20 Annua..
Compose risk assessments, and discuss techniques for monitoring and controlling risks, Create and present a risk management plan
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