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Consider mean arrival rate is 1 customer every 4 mins and mean service time is 5/2 mins. If waiting cost is $5 per unit per min and cost of serviceing one unit is $4. Find minimum
Factors for plant Location choice - Proximity to Market Organization s may choose to locate facilities close to their market, not merely to minimize transportation costs, but
By using a familiar industry discuss the above
Annual demand for number 2 pencils at the campus store is normally distributed with mean 1,000 and standard deviation 250. The store purchases the pencils for 6 cents each and sell
I have determined that McDonald's utilizes a Divisional Structure by Geographic Region organizational structure. First, is this correct? Second, what type of structure would best s
Johnson Plastics makes and sells, among many other things, specialty plastic display cases for retail stores. Johnsons expected demand for the display cases is 1,000 units, and ave
Discuss the concept of the internal customer. Who are purchasing's internal customers?
In estimating the difference between two population means, if a 95 percent confidence interval includes zero, then we can conclude that there is a 95 percent chance that the differ
Evaluate the use of statistical analysis in determining project risk and how it might be applied to the human factors of a project
How can service level agreements be monitored? Construct a short service level agreement first, then discuss how this service level agreement can be monitored
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