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Transportation economics are driven by seven factors. While not direct components of transport tariffs, each factor influences rates. The factors are: (1) distance, (2) weight, (3) density, (4) stowability, (5) handling, (6) liability, and (7) market. Which of these do you feel is the most important and why?
The oasis outpost of Abu Ilan, in the heart of the Neveg dessert, has population of 24 Bedouin tribesmen and 16 Farima tribesman. El Kamin, a nearby oasis, has a population of 8 Bedouin s and 36 Farima. What is the probability that he wandered into A..
Discuss how the five Operational Performance Objectives may influence decision-making associated with process design and layouts.
Mathematically formulate Matt the Mean's work-out plan preparation problem as a mixed-integer-linear programming model.
Operations management is a field within the discipline of management, and it evolved initially from the scientific management school of thought. Describe how organizational structure impacts the project and project manager.
Put yourself in the role of a recall coordinator for Ford Motor Company. It is 1973 and field reports have been coming in about rear end collisions, fires and fatalities. You must decide to whether to recall the automobile. Identify the pertinent et..
An ice cream store has a single window for serving customers. Customers arrive at the rate of 10 per hour (Poisson distributed). The store can serve 15 customers per hour (Poisson distributed). What is the average number of customers waiting in line,..
Document at least ten (10) total risks (two [2] risks for each phase of IT projects) of the mobile application development project. Assess the likelihood of occurrence for each risk. Assess the impact of each risk on the success of the project. Ident..
In general, under what conditions might a firm favor a level production plan over a chase plan? A chase production plan over a level plan?
ABC Corp. is considering two options for drum handling at their facility: manual handling using a hand truck, or using a forklift attachment that will carry two drums at a time. Twenty drums arrive on a truck each day. They are removed from the truck..
Pam offers a reward for the return of the pet snake that escaped from her purse while she was having dinner at a restaurant. Fred finds the snake and returns it to her. Which of the following is relevant in deciding whether Pam must pay the reward?
Consider a weighted directed network with edge costs cij , where nodes represent cities and edges roads. Each cost cij represents the fuel consumption of a vehicle driven on that road. Describe an efficient method to determine, for every pair of citi..
An investment offers $5,450 per year for 15 years with the first payment occuring one year from now. if the required return is 8 percent, what is the value of the investment? What would the value be if the payments occurred for 40 years? for 75 years..
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