The approach to many activities in the logistics channel

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1. A one stage system, has 2 machines. It takes 4.8 minutes to produce one unit. The machines suffer from reliability issues, and constantly requires rebooting, for this reason we rate the machine as being available only 60% of the time. The product yield is 85%. How many units can the system produce in one week? Assuming a 40 hour work week.

2. Technology is changing the approach to many activities in the logistics channel. Remember the managerial issues – productivity, quality, risk, sustainability, and complexity. Research, find a technology that is changing how one of these issues is handled, and post what you have found – most likely an article, but it could be a news report or a video. Don’t take the first thing that comes up in Google! Do a little reading, try to find something that shows technology making a major change. Please post link of article chosen.

3. A university found that of 40% its students withdraw without completing the introductory statistics course. Assume that 20 students registered for the course. a. Compute the probability that 2 or fewer will withdraw (to 4 decimals). b. Compute the probability that exactly 4 will withdraw (to 4 decimals). c. Compute the probability that more than 3 will withdraw (to 4 decimals). d. Compute the expected number of withdrawals.

Reference no: EM132295526

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