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Trucks arrive at the loading dock of a wholesale grocer at the rate of 1.2 per hour. A single crew consisting of two workers can load a truck in about 30 minutes. Crew members receive $10 per hour in wages and fringe benefits, and trucks and drivers reflect an hourly cost of $60. The manager is thinking of adding another member to the crew. The service rate would then be 2.4 trucks per hour. Assume rates are Poisson.
a. Would the third crew member be economical?
b. Would a fourth member be justifiable if the resulting service capacity were 2.6 trucks per hour?
Which one of the 5 generic competitive strategies is most likely to be best suited for an industry whose product is a commodity? Explain.
Give an example of some incongruity that you have experienced that challenged you to recognize one of your assumptions. Describe the discomfort you felt when you could not resolve this incongruity. What did you do to resolve it? How did you feel once..
Proceed to the Solutions tab where you will find five questions. Each question is worth 4 points: 2 points for producing the correct technical information and 2 points for a clear, concise, grammatically answer to the question.
What is the major differences between a sample and a census?
CARDWARE Inc. plans to take over First Class Purses & Accessories (FCPA) in an effort to coordinate elegant CARDWARE professional attire with items from FCPA that will complement CARDWARE’s fashion designs. Under what theory might Darla be liable? Do..
The cost of baking a cake is $5 and demand is estimated to be normally distributed with a mean of 30 and a standard deviation of 6. What is the optimal stocking level?
Develop a linear programming model that will enable Tom's to determine the mix of salsa products that will maximize the total profit contribution.
Your manager tells you about a new department the company will be adding that is part of the company's strategic plan to enter a particular market segment. Your manager would like you to manage one of the teams in this new department. Your manager..
Stella can handle about ten customers per hour at her one-person comic book store. The customer arrival rate averages about six customers per hour. Stella is interested in knowing the operating characteristics of her single-channel, single phase queu..
Identify two ways that healthcare organizations perform marketing related data capture that do not violate any regulatory stipulations. Analyze and discuss how these might change in the future and why.
Best Products, Inc., offers to sell to Infinite Sales Company one hundred DVD players at $50 a piece, subject to certain specific delivery dates. Infinite replies with a signed purchase order that reads, “Accept your offer for 100 I-appliances at $5..
Setting up the light production cast $50. The cost of each light is $1. The holding cost is $0.10 per light per year. What is the average setup cost per year?
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