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Stephanie Robbins is the Three Hills Power Company management analyst assigned to simulate maintenance costs. In Section 13.6 we describe the simulation of 15 generator breakdowns and the repair times required when one repairperson is on duty per shift. The total simulated maintenance cost of the current system is $4,320. Robbins would now like to examine the relative cost-effectiveness of adding one more worker per shift. The new repairperson would be paid $30 per hour, the same rate as the first is paid. The cost per breakdown hour is still $75. Robbins makes one vital assumption as she begins that repair times with two workers will be exactly one-half the times required with only one repairperson on duty per shift. Table 13.13 can then be restated as follows: REPAIR TIME REQUIRED (HOURS) PROBABILITY 0.5 0.28 1.0 0.52 1.5 0.20 1.00 (a) Simulate this proposed maintenance system change over a 15-generator breakdown period. Select the random numbers needed for time between breakdowns from the second-from-the bottom row of Table 13.4 (beginning with the digits 69). Select random numbers for generator repair times from the last row of the table (beginning with 37). (b) Should Three Hills add a second repairperson each shift?
The second component of your course project is an update of your progress on the LIP project. Remember that you are expected to develop your project independently throughout the course, using the project description as a guide. At this time, you s..
lutz brewery brews three brands of beers lutz lager lutz light lutz ultralight. lager sells for 12 per barrel light
Calculate the total cost for each aggregate plan using these unit costs. Regular cost per unit = $40. Overtime cost per unit = $50. Subcontract cost per unit = $10. Carrying cost per unit per month = $10 and is assessed on average inventory. We have ..
A manager just received a new price list from a supplier. It will now cost $1.00 a box for order quantities of 801 or more boxes, $1.10 a box for 200 to 800 boxes, What order size would you recommend
Define strategy evaluation. Discuss an organization’s vision/mission role in strategy evaluation and whether the vision/mission should be changed in light of the results from strategy evaluation. Please use class material to support your answer.
Discuss the use of PERT/CPM techniques for managing projects. Describe what PERT/CPM does. Discuss advantages and disadvantages of using it. What other techniques might you choose to manage your project?
Discuss the evolution of HRM as a profession over the past 50 years. Be sure to include the effect of HRM managers on organizational productivity. Please note this question, like all the questions in this exam, are based on the textbook by Lussier..
List the types of potential segmenting dimensions and explain which you would try to apply first, second and third in a particular situation. If the nature of the situation would affect your answer, explain how.
identify two companies in unrelated industries that use tpm approaches to ensure reliability in the products or
Examine how public policy has impacted the growth of managed care and evaluate the impact of one federal and one state-level policy.
Suppose the difference between the upper specification and the lower specification limits is 0.8 inches. The standard deviation is 0.1 inches. What is the process capability ratio?
Every month, each employee in your department is expected to give a brief oral presentation on status of his or her project. However, your department has recently hired an employee, originally from Asia, with a heavy accent that prevents people from ..
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