Decide between two machines

Assignment Help Operation Management
Reference no: EM131142804

A manager must decide between two machines. The manager will take into account each machine’s operating costs and initial costs, and its breakdown and repair times. Machine A has a projected average operating time of 130 hours and a projected average repair time of 14 hours. Projected times for machine B are an average operating time of 66 hours and a repair time of 6 hours. What are the projected availabilities of each machine? Machine A Machine B

Reference no: EM131142804

Questions Cloud

Shared risk with an internal or external business partner : Describe a decision situation in which you have shared risk with an internal or external business partner. What were the conditions of the shared risk? Explain why the arrangement was successful or not.
Describe your risk profile-risk seeking and risk neutral : Describe your risk profile—risk seeking, risk neutral, or risk averse. What are the pitfalls of your risk attitude? How can knowing your manager’s desirability curve come in handy during the decision-making process?
Defined as based on the life of the product : Discuss the ethics of the situation where a lifetime warranty is defined as based on the “life of the product.” Analyze and evaluate the various issues presented while arguing and debating the connections between business, law, politics, and ethics.
Major differences between sparta and athens : Characterize the major differences between Sparta and Athens, including your view of the strengths and weaknesses of each. Which do you think reflected qualities necessary to the maintenance of present-day democracies, and why?
Decide between two machines : A manager must decide between two machines. The manager will take into account each machine’s operating costs and initial costs, and its breakdown and repair times. Machine A has a projected average operating time of 130 hours and a projected average..
Performance appraisal rating was very high : Following are all the work records of five employees. As their supervisor, you have just completed their annual appraisal reviews, and it now time to make recommendations for their future salary. Janet Jenkins currently earns $41,000. Her performance..
Focuses specifically on the technical aspects of their tires : Apollo Tyres tire company focuses specifically on the technical aspects of their tires. They often have leftover inventory because as great as their tires are, they do not meet many customer’s needs. Instead of focusing on their customers, what marke..
Value-chain activities both within the firm : How can managers create value by establishing important relationships among the value-chain activities both within the firm and between the firm and its customers and suppliers? Support and substantiate your response.
Decision makig groups tend toward groupthinking : In your experience, have you found that decision makig groups tend toward groupthinking? If so, what factors contributed to this tendency? If not, what factors helped to prevent it? Review the steps in the rational decision making model ( steps 1-4)...

Reviews

Write a Review

Operation Management Questions & Answers

  Wheel bearings that will be in inventory at wheel-rite

Arthur Meiners is the production manager of Wheel-Rite, a small producer of metal parts. Wheel-Rite supplies Cal-Tex, a larger assembly company, with 11,000 wheel barings each year. This order has been stable for some time. What is the optimum produc..

  Calculate total inventory cost

A retail outlet has its own production facility for producing denim cloth. The ordering cost ($150) is the cost of setting up the production process to make the denim cloth.

  Assessment process impact overall training design process

Explain the needs assessment process, types of analysis used in a needs assessment and various methods the information from needs assessment process impact the overall training design process

  Being a good driver needs more than just being capable to

being a good driver requires more than just being able to operate the assigned vehicle properly. give five examples of

  Reduce pressures on managers and decrease ethical conflicts

American Products Corporation participates in a highly competitive industry. In order to meet this competition and achieve profit goals, the company has chosen the decentralized form of organization. Identify the ethical implications, conflicts, or d..

  What are the levels of being an entrepreneur

What are the “levels of being an entrepreneur?” Are mentors important for Entrepreneurs? If so, why? If not, why not? What are a few questions you need to ask when assessing a competitive environment? What’s an inside/out analysis? Why is it importan..

  Common sources of group conflict

Common sources of group conflict are _____.

  Perform an internal factor evaluation

Perform an Internal Factor Evaluation on Under Armour, Inc. The critical thing to remember about this analysis is that you should develop a thorough understanding of the factors chosen. Your analysis should include a chart of the “Strengths” and “Wea..

  What is its inventory turnover

A manufacturer would like to reduce its inventory. You are asked to assess its inventory level. You have the following information on average inventories from last year's financial statement: Raw materials $1,600,000 Work-in-process $1,100,000 Finish..

  Supply chain management multiple choice questions

Supply Chain Management Multiple Choice Questions

  What strategies have been used to promote collaboration at

what strategies have been used to promote collaboration at your place of employment or a company you are familiar with?

  Strategies avoiding generic terms such forward integration

Develop a SWOT matrix for PepsiCo, Follow all the SWOT guidelines provided in this chapter including notation at the end of each strategy. Include 3 strategies in each of the four (SO,ST,WT,WO) quadrants. Be specific regarding your strategies avoidin..

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