Find the average utilization of the refurbishing machine

Assignment Help Business Management
Reference no: EM1376742

The Jackson Machine Corporation has 4-cutting tools that require to be refurbished after an average of 30 hours, according to an exponential distribution. The single machine that refurbishes the tools needs 15 hours for each tool on the average, with exponential service times. Please find the following. Please show your work in detail.

a. What is the probability that there will be no tools in the system?
b. What is the average utilization of the refurbishing machine?
c. What is the average waiting time of tools in line?
d. What is the average number of tools in the waiting line?
e. What is the average time spent in the system?

 

Reference no: EM1376742

Questions Cloud

Virtual teams and face to face teams : Discuss similarities and differences between virtual teams and face to face teams by planning the advantages and disadvantages of each.
Why might an organization which plans to implement : Why might an organization which plans to implement multicultural teams want to provide encouragement also support diverse employee network groups.
Illustrate what can a manager learn from characteristics : Illustrate what can a manager learn from characteristics also activities of this particular team. Elucidate how might factors which contribute to this team's success be adopted in a business setting.
Create bings amortization schedule for lease terms : Create Bing's amortization schedule for lease terms and create all journal entries for Kingdom for 2012. Suppose a calendar year fiscal year.
Find the average utilization of the refurbishing machine : The Jackson Machine Corporation has 4-cutting tools that require to be refurbished after an average of 30 hours, according to an exponential distribution.
Identification of changes which need to be made : Identification of changes which need to be made also a reason for change. Identification also description of human implications, potential resistance factors,
Explain china''s unethical practices please respond : Explain China's Unethical Practices Please respond to the subsequent and China has been known to disrupt the intellectual property rights related to technology
What present value concept is appropriate for situation : The contract required 5 equal annual payments with the first payment due on 1 st December, 2012, the date of the sale. Find what present value concept is appropriate for this situation?
Discuss the weaknesses of stryker corporation : Suppose if you were your firm's CEO Stryker Corporation, what three numbers would you watch daily to test your strategy objectives and why?

Reviews

Write a Review

Business Management Questions & Answers

  Example of when whistle blowing is morally mandatory

An example of when marketing has crossed the line and become unethical. An example of when whistle blowing is morally mandatory and when it is morally wrong.

  Explain about strategic managerial communication

Show three skills that are fundamentally important and explain why do you think these skills are fundamentally important?

  Impact the organizational structure of publix super market

Evaluate how organizational functions (e.g., marketing, finance, human resources, operations, etc.) impact the organizational structure of Publix Super Market.

  Discuss yourself in terms of your current abilities

What are your strengths and where are your opportunities for improvement and how can you further develop your opportunities for improvement?

  Strategize structural aspects for an organization

Culture being neglected when implementing a strategy, the following question was brought up. Can anyone offer some input?

  Explain what great leaders have in common

Explain What great leaders have in common is that each truly knows his or her strengths

  Test current events and choose a risky decision

Test current events and choose a risky decision

  Show the strengths and the weaknesses of each model

Show the strengths and the weaknesses of each model - Explain What are some of the risks associated with each approach?

  Business communication-communication and leadership

Business Communication: Communication and Leadership - Does a manager's leadership style affect his or her communication style?

  Explain what are the strategic implications

Explain What are the strategic implications of this decision for retailers such as Movie Theaters, Recreation Parks, and Fast Food Companies?

  Explain what do you think the contributing factors

Explain What do you think the contributing factors are to the success of the discussion and What are some reasons for the communication problems?

  Difference between defects and defectives in manufacturing

describe the differences between defects and defectives in manufacturing and Also, be sure to provide examples.

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