Questions
According to Kent University, what is human development?. How is that has been applicable to in...

According to Kent University, what is human development?. How is that has been applicable to in personal life or professional life now?

In: Nursing

Why do last year finance university students decide to do their internships at a fintech startup?...

Why do last year finance university students decide to do their internships at a fintech startup?

provide several reasons

In: Finance

Please describe Sarbanes-Oxley legislation. How it may have an effect on the University School Flea Market...

Please describe Sarbanes-Oxley legislation.

How it may have an effect on the University School Flea Market (non-profit)

In: Accounting

Can I have a reference and intext citation of the software SAS university edition & SAS...

Can I have a reference and intext citation of the software SAS university edition & SAS 9.4 please thank you

In: Statistics and Probability

Comparison/Contrast Outline Attending a Historically Black College or University versus attending another type of institution of...

Comparison/Contrast Outline

Attending a Historically Black College or University versus attending another type of institution of higher learning.

In: Statistics and Probability

In your opinion how can a college or university create a culture of entrepreneurship to the...

In your opinion how can a college or university create a culture of entrepreneurship to the campus and community? Explain in 500 words or less

In: Operations Management

500 words on how would you use the skills you learned at american intercontinential university to...

500 words on how would you use the skills you learned at american intercontinential university to benefit others and society

In: Accounting

Q; What are the asset of a university and what kind of issues should be mentioned...

Q; What are the asset of a university and what kind of issues should be mentioned in a public security policy if this asset should be protected?

In: Computer Science

Problem 15-33 (Algorithmic) Kolkmeyer Manufacturing Company is considering adding two machines to its manufacturing operation. This...

Problem 15-33 (Algorithmic)

Kolkmeyer Manufacturing Company is considering adding two machines to its manufacturing operation. This addition will bring the number of machines to nine. The president of Kolkmeyer asked for a study of the need to add a second employee to the repair operation. The arrival rate is 0.06 machines per hour for each machine, and the service rate for each individual assigned to the repair operation is 0.5 machines per hour.

  1. Compute the operating characteristics if the company retains the single-employee repair operation. If required, round your answers to four decimal places.
    P0 =
    Lq =
    L =
    Wq =  hours
    W =  hours
  2. Compute the operating characteristics if a second employee is added to the machine repair operation. If required, round your answers to four decimal places.
    P0 =
    Lq =
    L =
    Wq =  hours
    W =  hours
  3. Each employee is paid $30 per hour. Machine downtime is valued at $80 per hour. From an economic point of view, should one or two employees handle the machine repair operation? Explain. If required, round your answers to two decimal places.

    Cost of one employee system: $ ________

    Cost of two employees system: $ ________

    From an economic point of view, (one -or- two) employees should handle the machine repair operation.

In: Statistics and Probability

Kolkmeyer Manufacturing Company is considering adding two machines to its manufacturing operation. This addition will bring...

  1. Kolkmeyer Manufacturing Company is considering adding two machines to its manufacturing operation. This addition will bring the number of machines to ten. The president of Kolkmeyer asked for a study of the need to add a second employee to the repair operation. The arrival rate is 0.05 machines per hour for each machine, and the service rate for each individual assigned to the repair operation is 0.4 machines per hour.

    1. Compute the operating characteristics if the company retains the single-employee repair operation. If required, round your answers to four decimal places.
      P0 =?
      Lq =?
      L =?
      Wq =? hours
      W =? hours
    2. Compute the operating characteristics if a second employee is added to the machine repair operation. If required, round your answers to four decimal places.
      P0 =?
      Lq =?
      L =?
      Wq =? hours
      W = ? hours
    3. Each employee is paid $30 per hour. Machine downtime is valued at $80 per hour. From an economic point of view, should one or two employees handle the machine repair operation? Explain. If required, round your answers to two decimal places.

      Cost of one employee system: $ ?

      Cost of two employees system: $ ?

      From an economic point of view, (chose one of the below)
      • one employee
      • two employees
      should handle the machine repair operation.

In: Statistics and Probability