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Consider an M/M/1 queue. Arrival rate is 10 customers per hour, service costs $3 per minute, and waiting costs are $0.5 per minute per customer. What is the optimal service rate for this queue?
Plan production for a four-month period: February through May. For February and March, you should produce to exact demand forecast.
The Electrocomp Corporation manufactures two electrical products: air conditioners and large fans. The assembly process for each is similar in that both require a certain amount of wiring and drilling.
Define and give MARKETING examples of the following:-Independent variable-Variable-Dependent Variable-Temporal Sequence-Concomitant variation-Spurious association
Create Responsibility Matrix and Create Resource Gantt Chart and Create Resources Loading Chart
What is the chocolate raw material safety stock Christian needs to hold? What is the expected inventory level for the chocolate raw material?
1.do a search on your case study country and provide a discussion of the countrys trade policy.2.from an historical
How do centralization, standardization, and horizontal differentiation affect the shape of the organization? In what ways can the informal organization and the norms and values of its culture affect the shape of an organization?
A large law firm uses an average of 37 boxes of copier paper a day. The firm operates 256 days a year. Storage and handling costs for the paper are $31 a year per box, and it costs approximately $64 to order and receive a shipment of paper.
Deming's Profound Knowledge consists of four elements. Answer the following three parts relating to the psychology element of Deming's Profound Knowledge.
What document provides information on who is in charge of the IT support for a project and who reports to the IT person in charge?
The objective is to complete a written plan that will suggest a practical Strategic Direction for a company.
What are the economies of scale in operations management class size? As class size increases, what symptoms of diseconomies of scale appear?
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