Manufacturers high-end custom leather bags

Assignment Help Operation Management
Reference no: EM131760888

Larry Ellison starts a company that manufacturers high-end custom leather bags. He hires 3 employees. Each employee only begins working on a bag when a customer order has been received and then she makes the bag from beginning to end. The average production time of a bag is 2.2 days with a standard deviation of 3 days. Larry expects to receive one customer order per day on average. The interarrival times of orders have a coefficient of variation of 1.

What is the expected duration, in days, between when an order is received and when production begins on the bag? Round to nearest integer. days

Reference no: EM131760888

Questions Cloud

Different business issues such as job dissatisfaction : Choose 2 different business issues such as job dissatisfaction, attitudes, managing diverse workplaces, etc. from your own professional work experience
Different forms of motivation influence employee performance : What is the importance of employee performance? How do the different forms of motivation influence employee performance?
American management style and south korean management style : There is a significant cultural difference between American management style and South Korean management style.
What factors in marketing environment impact your business : What factors in the marketing environment impact your business, Regulatory, Competitive, Economic , Technological , and Social .
Manufacturers high-end custom leather bags : Larry Ellison starts a company that manufacturers high-end custom leather bags. He hires 3 employees.
What is coefficient of variation of interarrival times : What is the coefficient of variation of the interarrival times for this server?
Volunteer training can also be crucial to an organization : Do nonprofit organizations benefit from having Chief Learning Officers? Volunteer training can also be crucial to an organization.
Value of paid and volunteer staff to mission accomplishment : What is the value of paid and volunteer staff to the mission accomplishment of a nonprofit organization?
Does this model actually happen in filipino organization : Does this model actually happen in Filipino organization ? discuss and justify your observation.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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