Ask Accounting Basics Expert

Continuing Problem 50, you might expect that the system will be only as good as the station with the smallest value of siµi (called the bottleneck station). This problem asks you to experiment with the simulation to gain some insights into bottlenecks. For each of the following parts, assume a Poisson arrival rate of λ = 1 per minute, and assume that processing times are exponentially distributed. Each station has si = 1 and there are five stations. Each station, except for the bottleneck station, has a processing time mean of 1/µi = 0.6 minute. The bottleneck station has mean 0.9minute. Each part should be answered independently. For each, you should discuss the most important outputs from your simulation.

a. Suppose there are 100 (essentially unlimited) buffers in front of all stations after station 1. Run the simulation when station 1 is the bottleneck. Repeat when it is station 2; station 3; station 4; station 5.

b. Repeat part a when there are only two buffers in front of each station after station 1.

c. Suppose station 3 is the bottleneck station and you have 4 buffers to allocate to the whole system. Experiment to see where they should be placed

Problem 50

Referring to the multi station serial system in the Series Simulation.xlsm file, let si and 1/µi be the number of machines and the mean processing time at station i. Then the mean processing rate at station i is siµi. You might expect the system to operate well only if each siµi is greater than λ, the arrival rate to station 1. This problem asks you to experiment with the simulation to gain some insights into congestion. For each of the following parts, assume a Poisson arrival rate of λ = 1 per minute, and assume that processing times are exponentially distributed. Each part should be answered independently. For each, you should discuss the most important outputs from your simulation.

a. Each station has si = 1 and the µi s are constant from station to station. There are 100 (essentially unlimited) buffers in front of all stations after station 1. Each processing time has mean 1/µi = 0.6 minute and there are three stations.

b. Same as part a, except that there are 10 stations.

c. Same as part a, except that each processing time has mean 0.9 minute.

d. Same as part c, except that there are 10 stations.

e. Repeat parts a to d but now assume there are only two buffers in front of each station.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91859670

Have any Question?


Related Questions in Accounting Basics

Question what discoveries have you made in your research

Question: What discoveries have you made in your research and how does this information inform your ability to evaluate effective coaching and its impact on organizations? Consider these guiding questions: 1. What core c ...

Question requirement 1 read the article in below attachment

Question: Requirement: 1. Read the article in below attachment, and answer the questions in a paper format. Read below requirements before your writing! 2. Not to list the answers, and you should write as a paper format. ...

Question as a financial consultant you have contracted with

Question: As a financial consultant, you have contracted with Wheel Industries to evaluate their procedures involving the evaluation of long term investment opportunities. You have agreed to provide a detailed report ill ...

Question the following information is taken from the

Question: The following information is taken from the accrual accounting records of Kroger Sales Company: 1. During January, Kroger paid $9,150 for supplies to be used in sales to customers during the next 2 months (Febr ...

Assignment 1 lasa 2-capital budgeting techniquesas a

Assignment 1: LASA # 2-Capital Budgeting Techniques As a financial consultant, you have contracted with Wheel Industries to evaluate their procedures involving the evaluation of long term investment opportunities. You ha ...

Assignment 2 discussion questionthe finance department of a

Assignment 2: Discussion Question The finance department of a large corporation has evaluated a possible capital project using the NPV method, the Payback Method, and the IRR method. The analysts are puzzled, since the N ...

Question in this case you have been provided financial

Question: In this case, you have been provided financial information about the company in order to create a cash budget. Management is seeking advice or clarification on three main assumptions the company has been operat ...

Question 1what step in the accounting cycle do adjusting

Question: 1. What step in the accounting cycle do Adjusting Entries show up 2. How do these relate to the Accounting Worksheet? 3. Why are they completed at the end of each accounting period? The response must be typed, ...

Question is it important for non-accountants to understand

Question: Is it important for non-accountants to understand how to read financial statements? If you are not part of the accounting/finance function in a business what difference would it make? The response must be typed ...

Question refer to the hat rack cash flow statement 2002 in

Question: Refer to the Hat Rack Cash Flow Statement, 2002 in the text on page 17. Answer the following questions and submit to me via Canvas by the due date. 1. Cash flow from operations? 2. Cash flow from investing? 3. ...

  • 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