A community is served by two cab companies each company, Ask an Expert

Management Studies

A community is served by two cab companies. Each company owns two cabs and both share the market equally. Call arrives at each company’s dispatching office at the average rate of 8 per hour. The averate time per ride is 12 minutes. Calls arrive according to a Poisson distrubiton and the ride times are exponential. The two companies have been bought by an investor and will be consolidated into a single dispatchng office. Analyze the new company’s proposal.

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91893596

Have any Question?Write your Review or question?

Related Questions in Operation Management

Suppose that jj inc has a production rate of 250000 units

Suppose that JJ Inc. has a production rate of 250,000 units per year, and a demand of 800 per day. JJ has a setup cost of $40, and a holding cost percentage of 25%. JJ sells their product for $50, and it costs them $30 t ...

Marketing assignmentthis assignment will be dealing with

MARKETING ASSIGNMENT This assignment will be dealing with Southwest Airlines. It requires you demonstrate your level of understanding of Integration across the Integrated Core (Marketing, Finance, Management and Operatio ...

1 how an organisation to rise to become an employer of

1. How an organisation to rise to become an employer of choice? 2. Culture changes or Improvement initiative needed in an organisation with reference to a successful case study?

In this particular scenario you are taking the perspective

In this particular scenario, you are taking the perspective of a contractor who has identified a possible instance of fraud. Respond to one of the questions below. There are no right or wrong answers. You are a mid-level ...

Case one green machine incgreen machine inc a company

Case One: Green Machine, Inc. Green Machine, Inc., a company devoted to producing eco-friendly household products, is a wholly owned subsidiary of Colossal Corporation. Green Machine's most famous and best-selling produc ...

During the measure phase of a six sigma project a building

During the measure phase of a Six Sigma project a building society collected data on the me taken (measured as working days rounded to the nearest day) to process mortgage loan applications. The data are stored in the su ...

1 all of the following are included in the eight wastes

1. All of the following are included in the eight wastes EXCEPT? a. Overproducing b. Extra-Processing c. Overspending d. Waiting 2. Which one of the following is NOT a quality tool of Six Sigma? a. Flow Diagrams b. Check ...

This assignment you will write a paper describing spot

This assignment, you will write a paper describing spot market and comparing foreign markets to the domestic market. Scenario: You work for an MNC where new management trainees are often required to travel internationall ...

Whole foods capitalizes on consumer desires for organic

WHOLE FOODS CAPITALIZES ON CONSUMER DESIRES FOR ORGANIC FOOD Summary Whole Foods’ market orientation and focus on customer satisfaction makes the company successful in a competitive market. Because Whole Foods products a ...

1 assess the chinese market you must refer to chinese

1. Assess the Chinese market; you must refer to Chinese lifestyle trend choices and how these choices will positively impact Starbucks. The lifestyle of Chinese youth and affluent professionals should be seriously consid ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert