Ask Business Management Expert

Option 1

Prepare a 5-6 page report (excluding the cover page, the reference page, and any tables and graphs), which applies one of the queuing models introduced in the textbook. You need to apply at least one queuing model of your choice to a real world example. You are required to either use the Queuing System Configurations Chart or follow the steps in the case study analysis to present your final findings. You may use hypothetical numbers to illustrate your analysis if you cannot find the actual data. However, you have to use some number to demonstrate your ability to apply your chosen queuing model to a real world situationAPA format and appropriate use of section headings are required.

Hint: On the technical contents, you need to provide either a real or a hypothetical example with numbers that involves queuing. You are required to apply one of the queuing models to this analysis. The simplest one to use is the M/M/1 model. The textbook explains the application in a case study example. You may follow that example and use Excel QM to complete your project. You are encouraged to use more complicated models to make your case study more applicable to the real world example of your choice. But, this is NOT a requirement, simplification is fine. Please include the name of the exact queuing model you applied to your analysis and justify why it is appropriatefor your example. A verbal description by itself will not receive any creditsPlease copy and paste in or attach your Excel Worksheet, which is a must to receive credits for statistical analysisYou do need to analyze your own data and cannot simply cite the statistical result published else where.

Please check the basic APA format checklist posted in the Announcement and the grading rubric for writing assignments in the syllabus before you submit this assignment. You may also find the discussion at Discussion Post 6a quite helpful, too.

OR

Option 2

Prepare a 5-6 page report (excluding the cover page, the reference page, and any tables and graphs), which applies the quality control theory (SPC) introduced in the textbook. You need to apply this model to a real world example. Please follow the steps for Statistical Process Control analysis to present your final findings. You may use hypothetical numbers to illustrate your analysis if you cannot find the actual data. However, you have to use some number to demonstrate your ability to apply SPC to a real world situationAPA format and appropriate use of section headings are required.

Hint: On the technical contents, you need to provide either a real or a hypothetical example with numbers that involves quality control of either the mean or the range. It is preferred that you could analyze the control of both and compare the implications of the two. But, if not, you are required to at least include one in your analysis. You may follow the example and use of Excel QM to complete your project. Please be aware that there are usually more than one samples collected in a real world example. A verbal description by itself will not receive any creditsPlease copy and paste in or attach your Excel Worksheet, which is a must to receive credits for statistical analysisYou do need to analyze your own data and cannot simply cite the statistical result published else where.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M93083115

Have any Question?


Related Questions in Business Management

Name a company that addressed a recent ethical problem in a

Name a company that addressed a recent ethical problem in a positive way. Also, explain how or if this positively affects us as a community?

When it is appropriate to use the trade-off process what

When it is appropriate to use the trade-off process. What conditions apply, and the technical evaluation criteria that might be used?

Need help with a essay with the following phrase for

Need help with a essay with the following phrase for analyzing : " Capitalism is at the heart of how people and organisations are managed in contemporary society" May i ask for a better explanation of the question? Also ...

How could these three tenets of the auburn creed be used to

How could these three tenets of the Auburn Creed be used to motivate others: "I believe that this is a practical word and that I can count only on what I earn. Therefore, I believe in work, hard work." "I believe in educ ...

How can these two tenets of the auburn creed by used in

How can these two tenets of the Auburn Creed by used in addressing teamwork issues: "I believe in honesty and truthfulness, without which I cannot win the respect and confidence of my fellow men." "I believe in the human ...

Discuss the advantages of having and interacting in a

Discuss the advantages of having and interacting in a diverse workplace. Consider the wide range of ideas and perspectives that a range of team members bring to a team, that are of differing ages, ethnic backgrounds and ...

Parmigiano-reggiano global recognition of geographical

Parmigiano-Reggiano: Global Recognition of Geographical Indications What historical factors have helped support the consortium's claims for the geographic specificity of Parmigiano-Reggiano and Parmesan? What are the eco ...

Communication planthis communication plan will be a roadmap

Communication Plan This communication plan will be a roadmap on how the new division will best be able to communicate with Biotech's corporate headquarters, suppliers, other divisions, and internally. This should lay out ...

Discuss strategies to obtain feedback from a customer and

Discuss strategies to obtain feedback from a customer and clients when working in sales.

Describe different networking methods and the advantages

Describe different networking methods and the advantages and disadvantages of them?

  • 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