Question
In: Advanced Math
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 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
Colby Messinger answered 2 years 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...
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...
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....
A spare parts agency wishes to evaluate the feasibility of acquiring a new inventory system, which...
A spare parts agency wishes to evaluate the feasibility of
acquiring a new inventory system, which has a value of ¢ 8,500,000
and a useful life of 5 years, at the end of which its residual
value is 10% of the cost.
The current system has a book value of ¢ 3,000,000 and has 5 years
of useful life; however, there is an offer to sell them at ¢
3,500,000.
The company depreciates its fixed assets by the straight-line
method...
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....
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...
An audit was conducted on a large food processing plant and it revealed poor maintenance practices...
An audit was conducted on a large food processing plant and it
revealed poor maintenance practices resulting in numerous and
repeated equipment failures, low reliability and availability. You
are required to recommend the key elements of an effective, optimal
and proactive maintenance programme that will ensure sustained and
continuous improvement which will result in world class standards
of reliability and availability.
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