What is the maximum number of applications per hour that can be handled by the present configuration of the process? Based upon the present configuration‚ the license renewal department can process 60 applications per hour. As seen in the process map in the attached excel document as well as the flow diagram below‚ the cycle time for the renewal process is driven by the time it takes to complete the bottleneck activity. In this configuration‚ the bottleneck activity is step three as it has the
Premium Harshad number
Exercise 1 page 224 a. Using Maximax‚ the worst payoffs for the alternatives are as follws: Do nothing: $60 thousands Expand: $80 thousands Subcontract: $70 thousands Hence‚ since $80 thousands is the best‚ choose to expand the firms using the maximax strategy b. Using Maximin Do nothing: $50 thousands Expand: $20 thousands Subcontract: $40 thousands Hence‚ since $50 thousands is the best‚ choose to do nothing using the maximin strategy c. Using Laplace For the Laplace criterion
Premium Game theory Expected value 2006 albums
1. A manufacturer’s average work-in-process inventory for a certain part is 1‚000 units. The workstation produces this part at the rate of 200 units per day. What is the average time a unit spends at this workstation? 2. The Wilcox Student Health Center has just implemented a new computer system and service process to \improve e±ciency." As pharmacy manager‚ you are con- cerned about waiting time and its potential impact on college students who \get no respect." All prescriptions (Rxs) go
Premium Hospital Physician Flowchart
Profile * History Founded by Frederick W. Smith‚ FedEx Express was established in 1973 and it has grown rapidly. Smith had the idea of creating a company that would deliver mail all over the United States over night. His idea was to fly mail from one location to another at night because the traffic is better and packages could be sorted‚ distributed and out of its original location faster. Delivering to over 220 countries and territories‚ FedEx today is a big global industry with a vast network
Premium Balance sheet Asset
Executive Summary: Operations and processes are the activities of each organisation that drive their output. This assignment examines the operation and processes of the IT services of a semi-government organisation. It demonstrates the current state of the operations and provides comprehensive analysis of its processes. It demonstrates how the operations performance impacts the strategic outcomes of the organisation. The study further provides insights in the operations supply network configuration
Premium Management Operations management Systems theory
* A115924 Case study Questions for discussion: Which three environmental forces are likely to have the greatest effects on FedEx? Explain your answer. Environmental forces are the unpredictable forces that cannot be controlled and it can be detrimental to the company’s position. Three of the following forces have the greatest impacts on FedEx: Competitors Intense competition from the U.S Postal Service‚ UPS‚ Emery‚ DHL andRPS has enormous effects on FedEx’s business
Premium Marketing Customer Customer service
and are responsible for all aspects of the day-to-day operations. The Terminal Operation Managers are responsible for the manpower planning and actual running of the shifts‚ and they report directly to you. You are currently working from 4 p.m. until 2 a.m.‚ your Terminal Operations Manager is currently working from 8 p.m. until 8 a.m. The operations manager coning in on this particular evening‚ Rick Raleigh‚ is regarded as the best operations manager at the terminal and gets along great with all
Premium Management Operations management
company was incorporated in June 1971 and officially began operations on April 17‚ 1973‚ with the launch of 14 small aircraft from Memphis International Airport. It soon entered its maturing phase in the first half of the 1980s and grown to become the largest operating company in the FedEx family‚ handling about 3.2 million packages and documents every business day. During the fiscal year 2006‚ it netted a revenue of $21.4 billion (includes FedEx Trade Networks) and is currently employing more than 139
Premium Express mail United Parcel Service Logistics
that I have chosen for my research paper is FedEx. FedEx’s Fortune 500 rating is number 60. I have chosen this company for a couple of reasons. FedEx continues to be a major force in the shipping industry and a driving force in the environment (being Green). Another reason (on a personal note) for choosing FedEx was it is headquartered and its main hub is minutes away from my home town. I have been able to see how it personally created jobs. FedEx provides customers and businesses worldwide
Premium Occupational safety and health Customer Globalization
customers throughout Australia. New deciding how to plan‚ promote and coupons so that people would like to eat more. 1.2.1 Facilitators – ashish (CEO) Operation manager- happy Marketing manager-munish National consultant- aarti Secretary – dennis (Time keeper) Minute taker - saif 1.2.2 CEO of the company‚ Ashish is an overview of the happy (Operations Manager Mc Donald) to describe menu Munish (Marketing Manager) will discuss how existing company resources can be used. Aarti in marketing the new menu
Premium Management Marketing Operations management