Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

During the early morning hours, customers arrive at a branch post office at an average rate of 45 per hour (Poisson), while clerks can handle transactions in an average time (exponential) of 4 minutes each.

If 6 clerks are working the desk, what is the average number in line?

What is the minimum number of clerks to keep the time in the system under 5 minutes?

If each clerk costs $30/hour (remember its the post office!) and customer waiting time costs $20/hour, how many clerks are optimal to give the lowest total cost?

If clerk costs are $30/hour and the waiting costs are $20/hour, what is the total cost at 6 clerks?

For 5 clerks, what is the service rate (mu)?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M93098949

Have any Question?


Related Questions in Operation Management

Find the control limits for an x-bar and r chart if a new

Find the control limits for an X-bar and R chart if a new improved process has average of 25.0 lbs. and R-bar of 1.0 lbs. Assume n=9 for new process control. No graph needed. Estimate the amount of credit ($) must be giv ...

Select someone in a leadership position at your

Select someone in a leadership position at your organization or at a local company where you might seek employment. This individual could be a director, manager, supervisor, or CEO of the organization. Write a 1,050- -wo ...

1 how is the role of information different in the public

1. How is the role of information different in the public and private sectors? What are the implications? 2. What is measure endorsement from the National Quality Forum (NQF)? What’s a specific definition in lay terms? 3 ...

1 in 250 words what is the difference between a low-context

1. In 250 words, What is the difference between a low-context culture and a high-context culture? Name a country that is an example of each type and offer evidence for your answer. How would you alter your marketing stra ...

1 how can benchmarking assist the supervisor in determining

1. How can benchmarking assist the supervisor in determining whether a staff reduction may be necessary. 2. Myers and Murphy provide tax services to both corporate and consumer clients. This year’s revenue represents a 3 ...

Why do many companies choose to have their goods

Why do many companies choose to have their goods manufactured overseas, where labor costs are low? Is this just good strategic thinking, or are their ethical issues involved as well? Use specifics to explain. Discuss and ...

Question define the concept of intelligence-led policing

Question : Define the concept of intelligence-led policing, and explain why it is an important concept for law enforcement agencies. What impact has terrorism had on our post-9/11 American criminal justice system? 200 wo ...

For this assignment you will compose a essay about the

For this assignment you will compose a essay about the concept of chemical incompatibility including practical information involving two chemical products. Choose bleach (a base ) and another household chemical product t ...

1 choose a company and discuss which bcg category star cash

1. Choose a company and discuss which BCG category (star, cash cow, dog, or question mark) would apply and why. Analyze whether it is always possible or desired to be in any one category at all stages of a company's evol ...

Using the company you selected for the week 3 learning

Using the company you selected for the Week 3 Learning Activity (Kroger or Nike), it is now time to evaluate the strengths, weaknesses, opportunities and threats you uncovered and determine what strategy is best suited b ...

  • 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