The figure below details the process flow for two types of customers who enter Barbara's Boutique shop for customized dress alterations. After step T1, Type A customers proceed to step T2 and then to any of the three workstations at T3, followed by steps T4 and T7. After step T1, Type B customers proceed to Step T5 and then steps T6 and T7. The numbers in parentheses are the minutes it takes to process a customer. T1TypeT3-cT2T5(12)A or B(12)(15)(12)T3-b(10)(14)T3-a x y graph T4T6(8)(18)(24)T7 x y graph a. What is the capacity of Barbara's shop in terms of the numbers of Type A customers who can be served in an hour? Assume no customers are waiting at steps T1 or T7. nothing customers. (Enter your response rounded down to the next whole number.) b. If 30 percent of the customers are Type A customers and 70 percent are Type B customers, what is the average capacity of Barbara's shop in customers per hour? nothing customers. (Enter your response rounded to two decimal places.) c. Assuming that the arrival rate is greater than five customers per hour, when would you expect Type A customers to experience waiting lines, assuming no Type B customers in the shop? A. Steps T3 and T4. B. Step T3 only. C. Steps T1, T2, T3, and T4. D. Steps T1, T2, and T4. Where would the Type B customers have to wait, assuming no Type A customers? A. Step T6 only. B. Steps T6 and T7. C. Steps T1, T5, and T6. D. Steps T1 and T7.
Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
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