Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

In a factory, the machines breakdown on an average rate of 8 machines per hour. The idle time cost of a machine is estimated to be 50 AED per hour. The factory works 8 hours a day. The factory management is considering 3 mechanic crews for repairing the machines. The crews are working together on the same machine during repair activities. The first crew A consist of one mechanic and takes about 30 minutes on an average to repair a machine and demands wages of 50AED per hour. The second crew B which consist of three mechanics can service 9 machines per hour and demands wages at the rate of 40 AED per hour per mechanic. The third crew which consist of four mechanics takes about 6 minutes on an average to repair a machine and demands wages of 40AED per hour per mechanic. Assuming that the rate of machine breakdown is Poisson distributed and the repair rate is exponentially distributed. Which one of the crews should be considered?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92470751

Have any Question?


Related Questions in Operation Management

A poll was recently taken on a college campus to ascertain

A poll was recently taken on a college campus to ascertain if students think we should get out of Afghanistan. A simple random sample of 1535 students was obtained. Out of the 1535 students surveyed, 833 indicated that t ...

1 list and describe in your own words the steps in the

1. List and describe in your own words the steps in the typical buying process. How does the type of buying situation affect these steps? How can a professional sales person add value in each of the steps in the buying p ...

Robert w selander former president and ceo of mastercard

Robert W. Selander, former president and CEO of MasterCard, was asked, “What are the most important leadership lessons you have learned?” He responded by describing his international experience: I spent a reasonable amou ...

Your task revise the following to eliminate long

Your Task. Revise the following to eliminate long lead-ins. This is an announcement to tell you that all computer passwords must be changed every six months for security purposes. We are sending this memo to notify every ...

Directions in a six slide powerpoint presentation address

Directions: In a six slide PowerPoint presentation, address the questions below. If you do not have PowerPoint, you may write your information in a Word document (Slide 1: Slide 2: etc.) If you are not comfortable writin ...

Professional practicum - action plan of all the actions

Professional Practicum - Action Plan Of all the actions that you took, which 3 to 5 do you believe had the most impact on the success of the project? What would you do differently for the next project? What are the 5 mos ...

A farmer is producing grains and vegetables with a given

A farmer is producing Grains and Vegetables with a given set of input mix and water. The input mix includes fertilizer and labor in fixed ratios so they can be treated as one variable, with grains needing 5 units of inpu ...

1 what is pepsicorsquos corporate strategy briefly identify

1. What is PepsiCo’s corporate strategy? Briefly identify the business strategies that PepsiCo is using in each of its consumer business segments in 2015. 2. What is your assessment of the long-term attractiveness of the ...

You are staying in a hotel and while unpacking your

You are staying in a hotel and, while unpacking your suitcase, you find a diamond brooch in the closet. Being honest, you inform the front desk and discover that a reward was offered by the guest who lost the brooch to a ...

1 what is the advantage of using a composite of indicators

1. What is the advantage of using a composite of indicators (such as the 10 leading indicators) over simply using an individual indicator? 2. Do leading indicators tend to give longer warnings before peaks or before trou ...

  • 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