Time according to first-come first-served discipline

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1. Tourist arrive at a security checkpoint at the rate of 24per hour. The checkpoint has a single machine that scans all tourists wanting to enter the secure area. Tourists are scanned one at a time according to a? first-come first-served discipline. A constant 60seconds are required to scan a tourist.

a. The scanning machine is busy of the time. ?(Enter your response rounded to one decimal? place.)

2. A stamping plant supplies sheet metal parts to a final assembly plant in the automotive industry. Annual demand for a typical part is 150,000 pc. Average cost per piece is $20; holding cost is 25%; changeover (setup) time for the presses is 5 hr; and cost of downtime for changing over a press is $200/hr. Compute the economic batch size and the total annual inventory cost for the data.

Reference no: EM132282487

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