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

Discuss the waste collection and transportation elements, QUESTION The ...

QUESTION The unique social, economic and environmental characteristics of SIDS, such as high population density, relative isolation, limited availability of land space and pauc

Non-conventional-modern forms, Non-Conventional-Modern Forms: In many ...

Non-Conventional-Modern Forms: In many western countries, modern and sophisticated forms of library catalogue are slowly replacing the card catalogue. Some of these forms a

Library organisational structure -library management, LIBRARY ORGANISATION...

LIBRARY ORGANISATIONAL  STRUCTURE   OBJECTIVES  We have learnt in Unit 1 that an organisation has to be structured in order to achieve its goals and objectives. In this

Management - library management, Management : The magnitude of mainten...

Management : The magnitude of maintenance work, like all other work in the  library, depends on the size and complexity  of the library  and the quantum of operations. Decisio

Home bindery vs commercial bindery, Home Bindery vs Commercial Bindery: ...

Home Bindery vs Commercial Bindery: The decision whether to send material to a commercial binder or to have a binder in the library is to be decided first. As binderies become

Main entry and subject headings - cataloguing work, Subject Headings: ...

Subject Headings: After classification work, logically the next step in the technical processing of a document is the work of assigning appropriate  subject headings. These a

Explain the significance of business plan, Question 1 Discuss the role of ...

Question 1 Discuss the role of entrepreneurs in economic development. Why should the government help the entrepreneurs and in what way the Government can help? Question 2

Data Mining assignment, I need help with the data mining assignment. I need...

I need help with the data mining assignment. I need to use SAS in the assignment as well

Attaching covers and endpapers - binding processes, Attaching Covers: ...

Attaching Covers: Regardless of the sewing method used, the sewn book must be "knocked up"  to be square at head and spine. By hammering along the back edges, the expansion re

Outline kolb''s learning styles model, QUESTION Read the extract below ...

QUESTION Read the extract below and answer the questions that follow There is general consensus among educators that all learners are not the same. However, a single school

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