Practical Operations Management
2nd Edition
ISBN: 9781939297136
Author: Simpson
Publisher: HERCHER PUBLISHING,INCORPORATED
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Chapter 5, Problem 1.1Q
Summary Introduction
Interpretation: Container size in terms of weight.
Concept introduction: Efficiency is the capability to prevent energy, money, effort, wasting materials and time in doing something or in generating a required result.
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A hotel hosts banquets for conferences in a large ballroom
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Discuss how inventory levels can impact queuing theory for food or alcohol distribution (Compare food trucks, fast food and sit down restaurants).
Services differ from goods in that
I. A service is a tangible process II. A service is an intangible process III. Services can be stored IV. Services cannot be stored V. Services are perishable and time-dependent
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Option I and III
Chapter 5 Solutions
Practical Operations Management
Ch. 5 - Prob. 1DQCh. 5 - Prob. 2DQCh. 5 - Prob. 3DQCh. 5 - Prob. 4DQCh. 5 - Prob. 5DQCh. 5 - Prob. 6DQCh. 5 - Prob. 7DQCh. 5 - Prob. 1PCh. 5 - Prob. 2PCh. 5 - Prob. 3P
Ch. 5 - Prob. 4PCh. 5 - Prob. 5PCh. 5 - Prob. 6PCh. 5 - Prob. 7PCh. 5 - Prob. 8PCh. 5 - Prob. 9PCh. 5 - Prob. 10PCh. 5 - Prob. 11PCh. 5 - Prob. 12PCh. 5 - Prob. 13PCh. 5 - Prob. 14PCh. 5 - Prob. 15PCh. 5 - Prob. 16PCh. 5 - Prob. 17PCh. 5 - Prob. 18PCh. 5 - Prob. 19PCh. 5 - Prob. 20PCh. 5 - Prob. 21PCh. 5 - Prob. 22PCh. 5 - Prob. 23PCh. 5 - Prob. 24PCh. 5 - Prob. 25PCh. 5 - Prob. 26PCh. 5 - Prob. 27PCh. 5 - Prob. 28PCh. 5 - Prob. 29PCh. 5 - Prob. 30PCh. 5 - Prob. 31PCh. 5 - Prob. 32PCh. 5 - Prob. 33PCh. 5 - Prob. 34PCh. 5 - Prob. 35PCh. 5 - Prob. 36PCh. 5 - Prob. 37PCh. 5 - Prob. 38PCh. 5 - Prob. 1.1QCh. 5 - Prob. 1.2QCh. 5 - Prob. 1.3QCh. 5 - Prob. 1.4QCh. 5 - Prob. 2.1QCh. 5 - Prob. 2.2QCh. 5 - Prob. 2.3QCh. 5 - Prob. 3.1QCh. 5 - Prob. 3.2QCh. 5 - Prob. 3.3QCh. 5 - Prob. 3.4Q
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- Look at the following data on a major city's cab fares and analyze. Pickup time Drop off time Passenger Count Distance in miles Total Fare Total Tip 1/1/2021 0:00 1/1/2021 0:1O 2.35 10.5 1/1/2021 0:0O 1/1/2021 0:07 2 0.9 1/1/2021 0:00 1/1/2021 0:17 1 4.1 16 1/1/2021 0:00 1/1/2021 0:02 1 0.96 4.5 1/1/2021 0:00 1/1/2021 0:19 1 9.4 27.5 1/1/2021 0:0O 1/1/2021 0:03 0.95 5 1.76 1/1/2021 0:00 1/1/2021 0:04 1 0.7 5 2.6 1/1/2021 0:00 1/1/2021 0:09 2.66 10 4.14 1/1/2021 0:00 1/1/2021 0:02 1 0.76 4 1/1/2021 0:01 1/1/2021 0:07 3 1.48 7.5 a. Use any method to perform a time series analysis and forecast and predict the amount of fares and sales for the future. O oarrow_forwardNetflix is a DVD movie rental company. They stock 50 DVDs of a recent blockbuster movie available for rental. Their rental fee is $4 per DVD per day. The inter-arrival time between rental requests for this movie is 2.5 hours, on average, with a standard deviation of 2.5 hours. Demand is steady throughout a 24-hour day (there is no evidence of other arrival patterns). Assume that if all copies of the DVD are rented, then customers are willing to wait for the next one to become available. Also, assume shipping is instantaneous (the shipping time is zero days). A DVD is rented, on average, for 5 days with a standard deviation of 3 days. What is the average number of unrented DVDs in Netflix’s warehouse? Hint: consider the average utilization.arrow_forwardTSA security agents at the security gate at the Tri-Cities Regional Airport are able to check passengers and process them through the security gate at a rate of 50 per hour (Poisson distributed). Passengers arrive at the gate throughout the day at a rate of 40 per hour (Poisson distributed) the passenger traffic arriving at the airport security gate varies significantly during the day. At times close to flight takeoffs, the traffic is very heavy, while at other times there is little or no passenger traffic through the security gate. At the times leading up to flight takeoffs, passengers arrive at a rate of 110 per hour (Poisson distributed). Suggest a waiting line system that can accommodate this level of passenger traffic.arrow_forward
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