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A small diner is open for lunch each day. The lunch counter seats a maximum of 12 customers at one time. The average time required for a customer to complete lunch 30 minutes. It takes 4 minutes of a server’s time to take care of a customer. There are two servers assigned to the counter. The cook in the kitchen can prepare an order in 1.5 minutes. Answer the following questions, assuming the diner is relatively full and operating (i.e., you are not at the start-up time).
What is the constraint in the diner? Show your work to support your answer
If the average meal costs $10 and the variable cost is $3 per meal,
A new advertising campaign is estimated to increase the number of customers to 36 customers per hour. What are some ways the diner can accommodate this increase.
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For decades, General Electric has been at the forefront of the move to shift production offshore from high-cost locations inside the United States to cheaper locations, such as China. But there are now some signs that the relentless flow of productio..
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Calculate the MAD, MSE, and MAPE for your double exponential smoothing model. c. Based on the measures of forecast accuracy you calculated for the part a) linear regression model and the part b) DES (0.15, 0.10) model, which model is a better fit ..
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Identify a variety of scholarly and popular writings about your company, as well as least two significant companies in the same industry.
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