Start Discovering Solved Questions and Your Course Assignments
TextBooks Included
Active Tutors
Asked Questions
Answered Questions
What is the probability that both service clerks are busy? What is the probability that both service clerks are idle? How many customers, on average, are waiting in line in front of each service desk?
A manager states that his process is really working well. Out of 1,500 parts, 1,477 were produced free of particular defect and passed inspection.
To maximize profit earned during this period, which production capacity should TMMC in 2000 decide to build - 10,000, 15,000, 20,000, 25,000, or 30,000 cars?
Recommend at least three (3) risk mitigation strategies to address project plan details that might be forgotten or overlooked. Justify the selection.
Management of Davis's Department Store has used time-series extrapolation to forecast retail sales for the next four quarters. Compute a seasonalized or adjusted sales forecast.
Southeastern Oklahoma State University's business program has the facilities and faculty to handle an enrollment of 2,000 new students per semester.
Borges Machine Shop, Inc., has a 1-year contract for the production of 200,000 gear housings for a new off-road vehicle. Owner Luis Borges hopes the contract will be extended.
Discuss the type of control mechanisms that managers can use to monitor the performance of empowered employees. Apply this question to your case study company.
Define Lawn Care's current strategic mission, strategy, competitive priorities, value chain, and how it wins customers. What are the order qualifiers and winners?
The operations manager for the Blue Moon Brewing Co. produces two beers: Lite (L) and Dark (D). He can only get 675 gallons of malt extract per day for brewing and his brewing hours are limited to 8
Prepare a plan for Art Hill that gets the firm back on a course toward improved profitability. Be sure to identify the symptoms, the problems, and the specific changes you would
A mail order company tracks the number of returns it receives each day. Information for the last 40 days shows. What procedure was used to assign these probabilities?
Suppose Stock A has had a mean price of $6.58 per share with a standard deviation of $1.88, while Stock B has had a mean price of $10.57 per share with a standard deviation of $3.02.
What is the optimum purchase order size that should be placed, and what is the total cost? Solve the given numerical problem.
A magnet manufacturer purchases copper on the open market at monthly intervals during the year. The best estimate of average price for the next year is $1.10 per lb.
How many wieners and how many buns should be made each week to maximize profit? How many constraints are there in this problem?
Design a periodic review system for this part. Now assume that the probability of being in stock extends to the order interval plus lead time.
ABC Company sells a large pack of "Cutie" diapers for $20. One pack of diapers requires two pounds of raw material and one hour of direct labor for manufacture.
What is the probability the project manager would be able to complete the project in 41 days? Solve the problem and show all work.
Suppose the company desires to maintain a constant workforce sufficient so that overtime during the peak demand period will not exceed 20 percent of regular time capacity.
Include a brief overview of different delivery methods for training and development, expected outcomes, and potential return on investment. Include a citation for your research.
A consulting firm has offered to perform research and forecast the demand for SuperFun. The firm will charge $8 (thousand) for its services, and it claims that the information will be 100% accurate.
How has your company's compensation plans changed in the last 10 to 15 years? What are the advantages to employees and to the enterprise of employing variable pay plans?
Do you think you can stay competitive in business, get acceptable bottom-line results, and still operate in an honest and ethical manner? Why, or why not?