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In the tool and die room of the ABC Company, the work measurement analyst wishes to determine a standard for the jig boring of holes on a variety of molds. The standard will be used to estimate mold costs only, and it will be based on operator wait time for molds coming from a surface grinding section and on operator machining time. The wait time is based on: a single server, Poisson arrivals, exponential service time, and first-come, first-served discipline. A study revealed the average time between arrivals was 51 minutes. The average jig-boring time was 42 minutes. What is the possibility of a delay of a mold at the jig borer? What is the average number of molds in back of the jig borer?
List five actions that you believe to be "right". Think about actions that you would ALWAYS approve if others did them, and that you would certainly be willing to do yourself. Yes, this is difficult but the effort is towards finding those particular ..
Discuss what is meant by the term ‘network production’ In your answer give examples of its key characteristics.
Bottled water sells at least 200 times the price of tap water, with substantial price differentials between different brands.
Suppose you are a judge. A group of student-athletes have brought suit in your courtroom alleging that the NCAA has acted improperly in denying them fair market compensation for their services while they were participating in sports in college. what ..
Peanut Processing Company produces cans of peanuts. The company expects sales of 15,000 cans in January, 16,000 cans in February, 17,000 cans in March, and 17,000 cans in April. Prepare a production budget for the company for the months of January, F..
Describe Crocs’ Footware supply chain and what innovative ideas did Crocs integrate into its supply chain model to reduce costs and improve efficiency?
Write a detailed summary on Branding Strategy Failures.
As a member of this special project team, provide feedback to the posted recommendations of one other member of the team.
The Bijou Theater shows vintage movies. Customers arrive at the theater line at the rate of 80 per hour. The ticket seller averages 40 seconds per customer, which includes placing validation stamps on customers’ parking lot receipts and punching thei..
How does this assumption create an environment that impedes quality improvement?
Consider applying Revenue Management to a golf course. How much additional revenue per day can the golf course make by shortening the tee time from 10 minutes to 9 minutes? Using these data the maximum number of parties ( up to 4 golfers at a timer) ..
Which of the following tools would help a company that needs to select the appropriate process for its newly developed product?
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