Question
In: Economics
M6_IND4. A chemical plant stores spare parts for maintenance in a large warehouse. Throughout the working...
M6_IND4. A chemical plant stores spare parts for maintenance in a large warehouse. Throughout the working day, maintenance personnel go to the warehouse to pick up supplies needed for their jobs. The warehouse receives a request for supplies, on average, every three minutes. The average request requires 2.75 minutes to fill a request. Maintenance employees are paid $21.50 per hour and warehouse employees are paid $16 per hour. The warehouse operates 8 hours per day. a) Based on the number of maintenance employees in the system, an 8 hour work day, and the given arrival and service rates. What is the system cost per day (to the nearest $) if there is only 1 warehouse employees working? b) Based on the number of maintenance employees in the system, an 8 hour work day, and the given arrival and service rates. What is the system cost per day (to the nearest $) if there are 2 warehouse employees working? c) Based on the number of maintenance employees in the system, an 8 hour work day, and the given arrival and service rates. What is the system cost per day (to the nearest $) if there are 3 warehouse employees working? d) What is the optimal number of warehouse employees to staff the warehouse?
Solutions
Rahul Sunny answered 7 months agoRelated Solutions
A chemical plant stores spare parts for maintenance in a large warehouse. Throughout the working day,...
A chemical plant stores spare parts for maintenance in a large
warehouse. Throughout the working day, maintenance personnel go to
the warehouse to pick up supplies needed for their jobs. The
warehouse receives a request for supplies, on average, every three
minutes. The average request requires 2.75 minutes to fill a
request. Maintenance employees are paid $21.50 per hour and
warehouse employees are paid $16 per hour. The warehouse operates 8
hours per day. a) Based on the number of...
A chemical plant stores spare parts for maintenance in a large warehouse. Throughout the working day,...
A chemical plant stores spare parts for maintenance in a large
warehouse. Throughout the working day, maintenance personnel go to
the warehouse to pick up supplies needed for their jobs. The
warehouse receives a request for supplies, on average, every three
minutes. The average request requires 2.75 minutes to fill a
request. Maintenance employees are paid $21.50 per hour and
warehouse employees are paid $16 per hour. The warehouse operates 8
hours per day.
a) Based on the number of...
NEW NUMBERS: A chemical plant stores spare parts for maintenance in a large warehouse. Throughout the...
NEW NUMBERS: A chemical plant stores spare parts for maintenance
in a large warehouse. Throughout the working day, maintenance
personnel go to the warehouse to pick up supplies needed for their
jobs. The warehouse receives a request for supplies, on average,
every three minutes. The average request requires 2.75 minutes to
fill. Maintenance employees are paid $21.50 per hour and warehouse
employees are paid $16 per hour. The warehouse operates 8 hours per
day.
a) Based on the number of...
Aftron is a very famous US company producing auto spare parts. They produce parts on large...
Aftron is a very famous US company producing auto
spare parts. They produce parts on large scale
and sells all over the country. Most of the US car manufacturing
industries place orders with them
in advance for the various auto parts. For these advance bookings,
companies make payments for
the pre booking of delivery of parts. Aftron are known for their
efficiency and reliability among
the business communities. One-day news breaks out for the default
of Aftron. The news turned...
Aftron is a very famous US company producing auto spare parts. They produce parts on large...
Aftron is a very famous US company producing auto
spare parts. They produce parts on large scale
and sells all over the country. Most of the US car manufacturing
industries place orders with them
in advance for the various auto parts. For these advance bookings,
companies make payments for
the pre booking of delivery of parts. Aftron are known for their
efficiency and reliability among
the business communities. One-day news breaks out for the default
of Aftron. The news turned...
Assume that an investor has a manufacturing plant that produces automotive spare parts. The sale price...
Assume that an investor has a manufacturing plant that produces
automotive spare parts. The sale price of the part is 18 $/unit.
The annual fixed cost of the plant is $1,500,000. Unit variable
labor cost is 4 $/unit, unit variable material cost 3 $/unit, unit
variable overhead cost 1 $/unit. a )How many units should be
produced to start making profit (X)? b) How many units should be
produced to make $1000,000 profit (Y)?
a. X= 200000, Y= 325000
b....
You are working on a feedwater system for a chemical engineering plant. A section of the...
You are working on a feedwater system for a chemical engineering
plant. A section of the pipe passes through a stream of width ? = 4
m which flows at constant temperature and velocity (?∞ = 12 °C,?∞ =
1.7 m⁄s). You need to determine the temperature change of the
feedwater as it passes through the stream. The feedwater is 20 °C
as it enters the section passing through the stream. The pipe
diameter is 4 inches and the volume...
A sample of employees at a large chemical plant was asked to indicate a preference for...
A sample of employees at a large chemical plant was asked to
indicate a preference for one of three pension plans. The results
are given in the following table. Does it seem that there is a
relationship between the pension plan selected and the job
classification of the employees? Use the 0.01 significance
level.
Pension Plan
Job Class
Plan A
Plan B
Plan C
Supervisor
43
43
43
Clerical
46
46
37
Labor
66
39
33
State the decision rule....
Working capital cash flow. Tires for Less is a franchise of tire stores throughout the greater...
Working capital cash flow. Tires for Less is a franchise of
tire stores throughout the greater Northwest. It has projected the
unit sales and costs for each tire type for the next four months in
the popup window:
Snow Tires
Rain Tires
All-Terrain Tires
All-Purpose Tires
Cost per tire
$40
$30
$48
$35
Sales: January
40,000
19,000
5,000
61,000
Sales: February
38,000
34,000
4,100
54,000
Sales: March
13,000
45,000
9,000
51,000
Sales: April
2,100
20,000
9,000...
DistCo, a large warehouse service company in the San Francisco Bay Area, stores pharmaceutical products for...
DistCo, a large warehouse service company in the San Francisco
Bay Area, stores pharmaceutical products for customers while they
are in transit to local retailers. DistCo can store a maximum of
280,000 cases of products at its present facility. Because their
business has been growing, the company's management wonders if they
should acquire other warehouses in 2001.
The materials specialist has accumulated the following inventory
data: Inventory (thousand Year Quarter Period of cases)
Inventory (thousand
Year
Quarter Period of...
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