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Trucks arrive at a warehouse at a rate of 6 per hour during business hours. Crews at each dock can unload the trucks at a rate of 2 per hour. Each dock is staffed with two workers, i.e., the ratio of crews to docks is 2:1. Recent changes in wage rates have caused the warehouse manager to reexamine the question of how many crews and docks to use. The new rates are crew and dock cost is $200 per hour; truck and driver cost is $150 per hour. Find the optimal number of dock and crews. Assume that arrival and service rates are Poisson.
A contractor has found that her cost for a certain construction job is subject to random variation.She believes its actual value follows a continuous uniform distribution between $9000 and $11000 with a mean of $10,000.The cost to prepare her bid is ..
As Director of your department, keeping up with technology is essential in your job and your department could really benefit from a new tool to make communication more effective. However this is something that you had not anticipated the need or plan..
What are some approaches to control quality across the global supply chain. What are some implications or consequences of not properly controlling the quality of raw materials and components in the supply chain
What is e-business strategy framework? Cite some examples or types of e-business strategy framework. What are the key elements of the e-business strategy framework?
Create a post discussing the process of drafting a business case and the information in "Key Points of Failure for IT Project Business Cases". What aspects of the business case might be the most difficult to complete in the business world? Why? Which..
The annual demand for a product has been projected at 2,000 units. This demand is assumed to be constant throughout the year. The ordering cost is $20 per order
Using at least two current examples, discuss effective supply chain strategies that were used by a company to positively impact organizational effectiveness and yield desirable results.
How does a leader differ from a manager and when would it be more advantageous to be a manager rather than a leader?
Explain why a needs assessment is necessary and who should participate in the process. Explain a competency model. How is it related to job analysis? Summarize the process used in developing a competency model.
Give an example of applications of Data Mining for each of the functions that mention down: Note: for each function of Applications that will be mention need reference be written under each of Applications this very important
Honeywell and Cootes law firm still uses pens and paper regularly rather than being a technology enabled company. They estimate that they use 30 pens a day with a daily standard deviation of 5 pens. These high quality pens costs roughly $5 per pen.
The reasons for the merger were to achieve economies of scale and lower purchasing costs and to obtain greater managerial expertise in certain areas. Recently, however, St. Vincent's has been receiving pressure from the home office to reduce patie..
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