Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Q. The supervisor at the Precision Machine Shop wants to determine the staffing policy which minimizes total operating costs .The average arrival rate at the tool crib, where tools are dispensed to the workers, is 8 machinists per hour. Each machinist' pay is $20.The supervisor can staff the crib either with two junior attendants or with a senior attendant. Each junior attendant is paid $12 per hour also can process 9 arrivals per hour. Each senior attendant is paid $20 per hour also can process 16 arrivals per hour. Which option should be selected, also illustrate what would be the total estimated hourly cost? Elucidate clearly by showing all your work. (Note: L=1.1077 for the option for two junior attendants)

 

 

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M9366065
  • Price:- $15

Guranteed 24 Hours Delivery, In Price:- $15

Have any Question?


Related Questions in Business Management

What are porters five competitive forces of rolling

What are Porter's five competitive forces of Rolling Billboards, an advertisement or billboard on the side of a semi-truck.

Evaluate the processes that are involved in a systems

Evaluate the processes that are involved in a systems development lifecycle (SDLC) and how the processes relate to each other.

Blurred boundaries -- as organizations become more

Blurred boundaries -- As organizations become more laterally structured, boundaries begin to breakdown as different parts of the organization need to work more effectively together. Boundaries between departments as well ...

The decision to globalize operations is very complex and

The decision to globalize operations is very complex and not without risks. Chose a company that has not yet globalized and answer the following: Describe how would you decide if the best option was to expand globally An ...

Using the internet search for software firewalls examine

Using the internet, search for "software firewalls." Examine the various alternatives available and compare their functionality, cost, features, and type of protection. Build a ranking according to your own evaluation of ...

In some organizations change implementation is carried out

In some organizations, change implementation is carried out under the guise of being a participatory effort when, in fact, the implementation has been carefully choreographed (micromanaged). What are some lasting side ef ...

What kind of issues to managers of virtual teams face in a

What kind of issues to managers of virtual teams face in a business environment?

Assessment descriptionyou are required to read the

Assessment Description You are required to read the following journal article article: 1. How Risky is Your Company? by Robert Simons HBR. May-June 1999 You are also required to read a fictional case study based on a com ...

Describe performance evaluation how is performance

Describe performance evaluation. How is performance optimization different from performance evaluation? List any two performance evaluation techniques.

What does the phrase raise me dont praise me imply about

What does the phrase "raise me don't praise me" imply about the relative effectiveness of financial incentives and recognition for some workers?

  • 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