Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

Management Studies


Home >> Operation Management

At the start of football season, the York student ticket office gets busy the day before the first game. Customers arrive at the rate of four every ten minutes. A ticket seller can service a customer in four minutes. Traditionally, there are two ticket sellers working. The university is considering an automated ticket machine similar to the airlines' e-ticket system. The automated ticket machine can service a customer in 2 minutes.

Assume the ticket sellers earn $8 per hour and the machine costs $20 per hour (amortized over 5 years). The wait time is only $4 per hour because students are patient. What is the total cost of each model?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92573501

Have any Question?


Related Questions in Operation Management

The friendly sausage factory fsf can produce hot dogs at a

The Friendly Sausage Factory (FSF) can produce hot dogs at a rate of 6,000 per day. FSF supplies hot dogs to local restaurants at a steady rate of 280 per day. The cost to prepare the equipment for producing hot dogs is ...

Cse questions -case study attached below1 case summary2

Case Questions :-(Case study Attached below) 1. Case Summary 2. Explain the events in this case in terms of perception and attitudes. Does personality play a role? 3. What should Susan do? Should she fire Jack or give hi ...

The havana club operated in salt lake city under a lease

The Havana Club operated in Salt Lake City under a lease running to defendant Dale Bowen, who owned the equipment, furnishings, and inventory. He did not himself work in operating the club. He made an oral agreement with ...

1 ldquohow can i make sure that everyone on the team

1. “How can I make sure that everyone on the team carries their own weight? (How do I deal with social loafing?)” How can you avoid the free rider problem? 2. “What should I do when one member of the team is dominating t ...

Which type of team leader management style would be most

Which type of team leader management style would be most effective in leading a team in which you were a member? and write something about the charismatic leader that you have found in your team leader and is she or he i ...

Cnsider the following data on an assetcost of the asset i

"Consider the following data on an asset Cost of the asset, I = $259,000 Useful life, N = 6 years Salvage value, S = $70,000 Compute the annual depreciation amount using the straight-line depreciation method."

Atman distribution fills catalog orders samples of size n

Altman Distribution fills catalog orders. Samples of size n = 100 have been taken each day over the past 6 weeks. The average defect rate was .05. Calculate the standard deviation of the sampling distribution Calculate t ...

1 discuss how the core value of ldquointegrityrdquo can

1. Discuss how the core value of “integrity” can assist entrepreneurs and small businesses in creating a solid financial plan. Provide an example. 2. Why is the code of ethics in a business critical for structure and for ...

After two months of intense negotiations management and the

After two months of intense negotiations, management and the union have agreed to most of the stipulations in the contract. You are in the latter stages of the bargaining agreement. It is now time to look at the trading ...

Answer the following question what are the most important

Answer the following Question : What are the most important elements of a Business Plan? Why? What other elements should be added to the Business Plan to encourage potential investors? How important is accurate financial ...

  • 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

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved