Determine the idle time costs for each alternative, and make a recommendation
Not what you're looking for?
1. You are asked to evaluate a manufacturing queuing problem. The higher priced mechanics always seem to be waiting on the lower priced tool crib clerks for necessary parts. The mechanics, at $20.00 per hour wage, arrive randomly at the tool crib every 5 minutes. It takes the tool crib clerk, at $10.00 per hour wage, an average of 4 minutes to find the part and record the supply transaction. There is only one tool crib and one clerk. You are asked if it would cut down on total idle costs (idle time costs for the mechanics and the clerks) if they add a second tool crib clerk. Determine the idle time costs for each alternative, and make a recommendation. Note idle costs are the $value for the clerks for the time they are idle ad the mechanics costs for the queue time they are waiting. Do this for each option and make a selection.
2. You are asked if you should run a simulation to help answer the question. What is your answer and why?
Purchase this Solution
Solution Summary
This solution helps the student determine the idle time costs for each alternative and make a recommendation.
Purchase this Solution
Free BrainMass Quizzes
Know Your Statistical Concepts
Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.
Terms and Definitions for Statistics
This quiz covers basic terms and definitions of statistics.
Measures of Central Tendency
Tests knowledge of the three main measures of central tendency, including some simple calculation questions.
Measures of Central Tendency
This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.