A process currently services an average of 56 customers per day. Observations in recent weeks show that its utilization is about 90 percent, allowing for just a 10 percent capacity cushion ifdemand is expected to be 80 percent of the current level in five years and management wants to have a capacity cushion of just 4 percent, what capacity requirement should be planned?The needed capacity requirement iscustomers per day. (Enter your response rounded up to the next whole number)

Given that a process currently services an average of 56 customers per day. Observations in recent…

Answered: A process currently services an average…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Case Switzerland: Salaries in Finance and Insurance are twice as much as the average salary. What is the total amount spent on Finance and Insurance salaries in Switzerland per year (based only on the provided information and images)? Additional Information: - Currently, it is estimated that 3% of roles could be entirely automated using the technology we have available to us now. - By 2025 this will have risen to around 35%, by 2030 it will be at 50% and by 2080 scientists are predicting advanced AI technologies will have replaced 85% of current jobs. - A more astonishing figure is the 42% of roles which could be made more efficient, more productive, and more enjoyable through automating individual tasks within the wider role. - Waste Management industry has a CHF 48 billion slaary bill in Switzerland with the highest potential for automation. - Swiss people work for an average of 20.3 hours a week when holidays are taken into account. - Switzerlands average weekly earning is CHF…
SOLVE STEP BY STEP IN DIGITAL FORMAT 12. An agricultural region predominantly grows one variety of wheat that has an average yield of 3.5 tons per hectare. A seed company has developed a new variety and claims that the average yield is higher than the commonly used variety. To test this assertion, nine experimental plots are planted with the new variety, and the following yields are obtained (in tons per hectare). 3.15,3.92,4.26,3.36,3.72,4.19,3.42,4.38,4.50. Assume a significance level of 5%.
The price elasticity of supply for bananas is 0.2. If the price rises by 5%, what will happen to the quantity supplied? What would this elasticity imply about seller's production capacity?
Agnes, a General Manager in XXX Company, estimated a multiplicative demand function of the form: using a cross-section data collected in the company sales on 30th June, 2019. The estimation results are as follows: (SEE IMAGE) Write down the estimated demand equation Interpret the coefficients and R2 value Describe any three managerial decisions that can be applied by the manager from the estimated demand function
1) Use the weekly cost model to estimate the total weekly cost when the weekly demand is 147. Round to the nearest dollar. 2) What is the per unit variable cost? Round to 1 decimal place. $_______per sleeping bag Screenshots attached ty for the help answerasap!!!
We know the following data for Albert's fabricating production area: Number of machines = 7 Number of working days in year = 320 Processing time per unit = 50 minutes a. What is the annual capacity with a single eight- hour shift? Round your answer down to the nearest whole number. units/year b. What is the annual capacity with two shifts? Round your answer down to the nearest whole number. units/year
Consider the problem of an individual that has Y dollars to spend on consuming over two periods. Let c1 denote the amount of consumption that the individual would like to purchase in period 1 and c2 denote the amount of consumption that the individual would like to consume in period 2. The individual begins period 1 with Y dollars and can purchase c, units of the consumption good at a price P1 and can save any unspent wealth. Use s, to denote the amount of savings the individual chooses to hold at the end of period 1. Any wealth that is saved earns interest at rate r so that the amount of wealth the individual has at his/her disposal to purchase consumption goods in period 2 is (1+r)s1. This principal and interest on savings is used to finance period 2 consumption. Again, for simplicity, we can assume that it costs P, dollars to buy a unit of the consumption good in period 2.
Suppose that the R&B Beverage Company has a soft drink product that shows a constant annual demand rate of 3,600 cases. A case of the soft drink costs R&B $2. Ordering costs are $22 per order and holding costs are 26% of the value of the inventory. R&B has 250 working days per year, and the lead time is 5 days. Identify the following aspects of the inventory policy: Economic order quantity. If required, round your answer to two decimal places. Q* = fill in the blank 1 Reorder point. If required, round your answer to the nearest whole number. r = fill in the blank 2 Cycle time. If required, round your answer to two decimal places. T = fill in the blank 3 days Total annual cost. If required, round your answer to two decimal places. TC = $ fill in the blank 4
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