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

What are the four basic change management strategies, Question : (a) Wh...

Question : (a) What are the skills required from change agents in order to manage the different kinds of change effectively? (b) What are the four basic change management st

Many authorities have criticised npm, QUESTION 1 Successful privatizati...

QUESTION 1 Successful privatization rests on government's ability to manage the process of change. Discuss the institutional requirements for successful privatization and the r

Classification terminology - library management, CLASSIFICATION TERMINOLOGY...

CLASSIFICATION TERMINOLOGY: Library classification as an academic discipline is about 125 years old. Its teaching and research has gained momentum comparatively recently. It m

Briefly discuss the motivations behind this trend, QUESTION 1 (i) Discu...

QUESTION 1 (i) Discuss the key activities of the strategic management process'. Explain why it is important for managers to recognise the interdependent nature of these activit

Literature search, LITERATURE SEARCH: The ultimate objective of any do...

LITERATURE SEARCH: The ultimate objective of any documentation or information activity is to provide the user with the information he needs, to the extent he requires, within

What are the steps to the fade qi model, Question 1 Write short notes on t...

Question 1 Write short notes on the Quality planning an element of Quality management Question 2 What are the steps to the Fade QI model? Question 3 Quality costs are th

Transform the organisational resources, Question "Schools are open soc...

Question "Schools are open social systems with five important elements which are used to transform the organisational resources into educational outcomes" (a) Describe the

Inputs to quality planning process, I nputs to quality planning process ...

I nputs to quality planning process For  creating  an appropriate quality plan,  it  is very  important  to  provide proper inputs to the quality planning process. The various

Inadequacies of the traditional public administration, Question 1: The ...

Question 1: The Public Sector is undergoing a major transformation. What according to you, are the imperatives that are driving the change process ? Question 2: What

Exchange/interchange communication format, Exchange/Interchange Communicati...

Exchange/Interchange Communication Format Exchange formats are also known as interchange/communication formats. Exchange formats are used for exchange of records between syste

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