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The local hospital's emergency department has 5 trauma bays. On average, patients requiring a trauma bay arrive every 50 minutes (with a coefficient of variation of 1, no seasonality exists). If the hospital has an available trauma bay, it is immediately allocated to a needy patient. If there are no trauma bays available, the patient is sent to another hospital. On average, a patient's length of stay in a trauma bay is 2.0 hours (with a standard deviation of 1.5 hours). The hospital's emergency department operates 24 hours a day. a What fraction of the patients requiring trauma bays end up being sent to another hospital? b How many patients are treated in the trauma bays on an average 24 hour day? c The hospital updated operating procedures for staff, reducing the standard deviation of the length of stay in a trauma bay from 1.5 to 1.2 hours, but the mean remained at 2 hours. How will this training program affect the number of patients who have immediate access to a trauma bay? d New state regulations require that every emergency department be able to accommodate at least 99.5% of all patients needing a trauma bay with no waiting. What is the minimum number of trauma bays necessary to meet this requirement? (Assume that the time spent in the trauma bay cannot be changed from the original mean of 2.0 hours.)
The following table shows a tool and die company's quarterly sales for the current year. What sales would you predict for the first quarter of next year? Quarter relatives are SR1=
Imagine you are a marketing consultant brought in to help a company who has a product that is so successful they cannot keep up with customer demand. What questions would you as
At a decision point in a decision tree, which machine would you select when trying to maximize payoff when the anticipated benefit of selecting machine A is $45,000 with a probabil
Companies can voluntarily acknowledge a union through a card check recognition process if it appears to have 30% support.
The annual demand for a product is 15,600 units. The weekly demand is 300 units with a standard deviation of 90 units. The cost to place an order is $31.20, and the time from order
Courtesy - Customer Satisfaction and Service Quality Involves politeness, respect, consideration and friendliness of contact personnel (including receptionists, telephone oper
Q3. What do you understand by “line balancing”? What happens if balance doesn’t exist?
Our text defines the four functions of a management as Planning, Organizing, Leading and Controlling. Briefly put, the plan states the desired outcome or goal and the process for a
What is the value of marketing to the consumer, the stakeholder and stockholder and a. the value of your place on marketing b. the value of marketing to customers and consumers c.
Calculate row or column penalty we take two values namely the minimum and 2nd minimum? If 4 4 5 occurs in a problem, we choose 4 as a minimum and 5 the 2nd minimum why not another
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