I ONLY NEED HELP WITH PARTS B,C,D PLEASE The Robotics Manufacturing Company operates an equipment repair business where emergency jobs arrive randomly at the rate of three jobs per 8-hour day. The company's repair facility is a single-server system operated by a repair technician. The service time varies, with a mean repair time of 2.2 hours and a standard deviation of 1.4 hours. The company's cost of the repair operation is $27 per hour. In the economic analysis of the waiting line system, Robotics uses $36 per hour cost for customers waiting during the repair process. (a) What are the arrival rate and service rate in jobs per hour? (Round your answers to four decimal places.) ?= 0.375 IS CORRECT ?= 0.4545 IS CORRECT (b) Show the operating characteristics. (Round your answers to four decimal places. Report time in hours.) Lq= 1.4622 IS WRONG L= Wq= h W= h Show the total cost per hour. (Express the total cost per hour in dollars. Round your answer to the nearest cent.) TC = $ (c) The company is considering purchasing a computer-based equipment repair system that would enable a constant repair time of 2.2 hours. For practical purposes, the standard deviation is 0. Because of the computer-based system, the company's cost of the new operation would be $31 per hour. What effect will the new system have on the waiting line characteristics of the repair service? (Round your answers to four decimal places. Report time in hours.) Wq= hW= h Show the total cost per hour. (Express the total cost per hour in dollars. Round your answer to the nearest cent.) TC = $ (d) Does paying for the computer-based system to reduce the variation in service time make economic sense? The firm's director of operations rejected the request for the new system because the hourly cost is $4 higher and the mean repair time is the same. Do you agree? How much (in dollars) will the new system save the company during a 40-hour work week? (Round your answer to the nearest cent. Enter 0 if there are no savings.) The average savings over a 40-hour work week amount to $ . Based on this, the director's argument should be
I ONLY NEED HELP WITH PARTS B,C,D PLEASE The Robotics Manufacturing Company operates an equipment repair business where emergency jobs arrive randomly at the rate of three jobs per 8-hour day. The company's repair facility is a single-server system operated by a repair technician. The service time varies, with a mean repair time of 2.2 hours and a standard deviation of 1.4 hours. The company's cost of the repair operation is $27 per hour. In the economic analysis of the waiting line system, Robotics uses $36 per hour cost for customers waiting during the repair process. (a) What are the arrival rate and service rate in jobs per hour? (Round your answers to four decimal places.) ?= 0.375 IS CORRECT ?= 0.4545 IS CORRECT (b) Show the operating characteristics. (Round your answers to four decimal places. Report time in hours.) Lq= 1.4622 IS WRONG L= Wq= h W= h Show the total cost per hour. (Express the total cost per hour in dollars. Round your answer to the nearest cent.) TC = $ (c) The company is considering purchasing a computer-based equipment repair system that would enable a constant repair time of 2.2 hours. For practical purposes, the standard deviation is 0. Because of the computer-based system, the company's cost of the new operation would be $31 per hour. What effect will the new system have on the waiting line characteristics of the repair service? (Round your answers to four decimal places. Report time in hours.) Wq= hW= h Show the total cost per hour. (Express the total cost per hour in dollars. Round your answer to the nearest cent.) TC = $ (d) Does paying for the computer-based system to reduce the variation in service time make economic sense? The firm's director of operations rejected the request for the new system because the hourly cost is $4 higher and the mean repair time is the same. Do you agree? How much (in dollars) will the new system save the company during a 40-hour work week? (Round your answer to the nearest cent. Enter 0 if there are no savings.) The average savings over a 40-hour work week amount to $ . Based on this, the director's argument should be
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
Related questions
Question
I ONLY NEED HELP WITH PARTS B,C,D PLEASE
The Robotics Manufacturing Company operates an equipment repair business where emergency jobs arrive randomly at the rate of three jobs per 8-hour day. The company's repair facility is a single-server system operated by a repair technician. The service time varies, with a mean repair time of 2.2 hours and a standard deviation of 1.4 hours. The company's cost of the repair operation is $27 per hour. In the economic analysis of the waiting line system, Robotics uses $36 per hour cost for customers waiting during the repair process.
(a)
What are the arrival rate and service rate in jobs per hour? (Round your answers to four decimal places.)
?= 0.375 IS CORRECT
?= 0.4545 IS CORRECT
(b)
Show the operating characteristics. (Round your answers to four decimal places. Report time in hours.)
Lq= 1.4622 IS WRONG
L=
Wq= h
W= h
Show the total cost per hour. (Express the total cost per hour in dollars. Round your answer to the nearest cent.)
TC = $
(c)
The company is considering purchasing a computer-based equipment repair system that would enable a constant repair time of 2.2 hours. For practical purposes, the standard deviation is 0. Because of the computer-based system, the company's cost of the new operation would be $31 per hour. What effect will the new system have on the waiting line characteristics of the repair service? (Round your answers to four decimal places. Report time in hours.)
Wq= hW= h
Show the total cost per hour. (Express the total cost per hour in dollars. Round your answer to the nearest cent.)
TC = $
(d)
Does paying for the computer-based system to reduce the variation in service time make economic sense? The firm's director of operations rejected the request for the new system because the hourly cost is $4 higher and the mean repair time is the same. Do you agree? How much (in dollars) will the new system save the company during a 40-hour work week? (Round your answer to the nearest cent. Enter 0 if there are no savings.)
The average savings over a 40-hour work week amount to $ . Based on this, the director's argument should be .
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Recommended textbooks for you
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.