Managing variability, Other Management

Assignment Help:

McM Cog is a supplier of industrial parts.  Most orders are received at a call center. The call center currently has 10 phone lines total, i.e., a maximum of 10 callers may be in the call center system at any time.  On average, calls arrive at a rate of three per minute. Each customer service representative (CSR) averages 2.5 minutes per customer call.  Mc Cog estimates there is a cost of two dollars per customer for each minute spent waiting by a caller.  Assume that callers getting a busy signal take their business elsewhere resulting in a loss to McM of $155 per lost call.  CSRs are paid $15 per hour, and it costs McM Cog $4 per hour per line.

a. What is the total hourly cost of the call center and associated activities at McM Cog with the minimum number of CSRs?

b. What is the total hourly cost to McM Cog if they decide to hire another CSR?  What is the total hourly cost to McM Cog if they decide to add another line?  Note:  Perform each of these two system adjustments separately based off the answer to part a.  Of the three options investigated so far, which is best?

c. Given the freedom (and cost) of adding or removing additional telephone lines and CSRs what the best recommendation for McM Cog management in terms of total hourly cost?  Justify your answer


Related Discussions:- Managing variability

Service marketing, difference between quality issues and quality models

difference between quality issues and quality models

What are the challenges that managers face, Question 1: What are the ch...

Question 1: What are the challenges that managers face in implementing successful change? - challenges that managers face in implementing successful change Question 2:

The kardex system - , The Kardex System: This system was introduced by...

The Kardex System: This system was introduced by the Remington Rand of India, Ltd. It is a type of visible record system maintained in a steel filing cabinet. Each unit cabine

Describe the types of business policies, Question 1 What do you mean by fa...

Question 1 What do you mean by family business? Explain the family business life cycle Question 2 Describe the types of business policies Question 3 List and expla

Discuss the major strategies for the planned change efforts, Question: ...

Question: (a) Managers and other change agents use various means for mobilising power, exerting influence over other people, and getting them to support planned change effort

Lp modles, how do you write a lp model in standard form? ex) max z=9x+6x ...

how do you write a lp model in standard form? ex) max z=9x+6x subject to 12x+5x x

Loss of books - stock verification , Loss of Books - STOCK VERIFICATION  ...

Loss of Books - STOCK VERIFICATION  Loss of Books Loss of books is inevitable in  open  access libraries  wherein the users have the freedom to browse through books, though a

History of quality management, H i story of quality management Earlie...

H i story of quality management Earlier limited products were made by skilled craftsmen who inspected and took pride in their work before selling it to their customer. Crafts

Periodicals selection - library management, PERIODICALS SELECTION: In ...

PERIODICALS SELECTION: In Section 8.2, you have seen that acquisition work includes three distinct phases of activities. Periodicals selection is the fist phase. The selection

Can fca assist in setting up unit-based fees, Q. Can FCA assist in setting ...

Q. Can FCA assist in setting up unit-based fees ("pay-as-youthrow")? Yes. FCA can be a helpful means in developing fair and equitable service fees. It also allows communities i

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd