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    Operations Management

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    Assistance time averages 10 minutes‚ distributed exponentially. Assume population and line length can be infinite and queue discipline is FCFS. Using this information‚ answer the following questions. i. Calculate the percent of utilization of the graduate student P= 4/6 = 2/3 = .6667 percent utilization ii. Determine the average number of students in the system λ= 4 per hour μ= 6 students helped an hour Ls= 4/ 6-4 = 4/2 = 2 students in the system on average. iii

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    Fourth term End term exam 2011 (1) Section B 2. b From a factory producing metal sheet‚ following defective were analyses in every lot size. Prepare relevant chart only UCL and LCL. Lot Size | 100 | 125 | 90 | 120 | 110 | Defective | 6 | 7 | 4 | 8 | 10 | Solution Since the Lot size are different we have to use ‘u’ chart. Sample NO | LOT Size | Defective | Proportion of defective | UCL | LCL | 1 | 100 | 6 | 0.06 | 0.140245

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    Answers Master of Business Administration- MBA Semester 1 MB0040 - Statistics for Management Q1. A Explain the characteristics of statistics? B. What are the components of statistics? Give a brief description of each of its component’s? Answer: (A) Some of its important characteristics are given below: * Statistics are aggregates of facts. * Statistics are numerically expressed. * Statistics are affected to a marked extent by multiplicity of causes. * Statistics are enumerated

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    several jobs through two or three work centers. 6. The are a number of criteria for evaluating job sequencing rules. Criteria discussed in the text include: Average job completion time Average number of jobs in the system Average job lateness. Additional criteria include: average wait time‚ average total completion time‚ and variance in completion times. END-OF-CHAPTER PROBLEMS |15.10 |JOB |DUE DATE |DURATION (DAYS) | |

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    Supply and Management

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    one person can be in the chair at a time‚ and no one leaves without getting their hair cut. So the system is roughly: Entrance ---+ Wait ---+ Haircut ---+ Exit Assume customers arrive at the rate of 10 per hour and stay an average of 0.5 hour. What is the average number of customers in the barber shop? ADVANCED PROBLEM 12 Remember Mr. Rockness in Problem 2? He now retrains college professors. It is a much more challenging task but still involves five steps. He has worked hard to

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    returns through shared variation in the bond-market factors. Except for low-grade corporates. the bond-market factors capture the common variation in bond returns. Most important. the five factors seem to explain average returns on stocks and bonds. 1. Introduction The cross-section of average returns on U.S. common stocks shows little relation to either the market /Is of the Sharpe (1964tLintner (1965) assetpricing model or the consumption ps of the intertemporal asset-pricing model of Breeden (1979)

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    Danielle Sedoris November 11‚ 2009 Ecology – Friday Parasitic Crab Lab Background: Mellita quinquiesperforata‚ commonly known as the sand dollar‚ is a familiar urchin on Florida coastlines. The species is flat and disk shaped that nestles into shallow sandy waters to protect itself from waves and predators. Dissodactylus mellitae is a parasitic crab that feeds on the spines of the hosting sand dollar where it remains its entire life. This study was arranged to observe the distribution patterns

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    Operations Management Introduction The ability of a company to satisfy its customers’ stated or implied needs has a great impact on its profitability. The quality of the process implemented in the organization is the key factor for customer’s satisfaction as it is the totality of features and characteristics of a product or service. Naturally‚ a firm will always search for a more efficient process in order to satisfy a greater number of needs and gain more reputation. That was the main goal

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    BSG Help Screen Guide

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    DECISION SCREEN HELP PAGES FOR The Business Strategy Game Compiled and made available with permission from the BSG-Online authors and GLO-BUS Software‚ Inc. by BSG-Booster www.bsg-booster.com Copyright © 2006 CMI Consulting‚ LLC. Any republication or redistribution‚ in whole or in part‚ without the consent of CMI Consulting‚ LLC and GLO-BUS Software‚ Inc. is prohibited. DECISION HELP PAGE CONTENTS Branded Sales Forecast ...........................................................

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    Studies of user preference reveal that the average‚ the median‚ mean and mode of preferred length are all different. What are the implications of using each of these values? Which value would you decide? 2. A given machine is assumed to depreciate 40 percent in value in the first year‚ 25 percent in value in the 2nd year and 10 percent in value in the next three years; each percentage is being calculated on the diminishing value. What is the average percentage depreciation‚ reckoned on the diminishing

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