There are certain instances where pooling of operations can be desirable. For example, a large factory may have two or more locations where mechanics can obtain special tools or equipment theyoccasionally need. The separate locations mean less travel time for workers, but sometimes therewill be a waiting line at one location while servers are idle at another location. What factors shouldan analysis of this sort of situation take into account in deciding on whether to keep separate locations or pool servers and equipment at one central location?

Q: A facility that rents space specifically to new businesses or to people wishing to start a business…

A: A business incubator is an association that helps new businesses and individual business visionaries…

Q: Give reason that why do waiting lines form even though a service system is underloaded.

A: Client care is the help you give to your buyers previously, during, and after they buy and use your…

Q: Party LE3AE6780 1 2 4 5 Number in Party 3 W3WANNN 2 2 2 4 2 Arrival Time 7:00 7:02 7:05 7:10 7:12…

A: Queuing theory is one of the popular concepts of operations management that studies how queues…

Q: Workers arrive at a tool crib at a rate of 30 per hour. Clerks who are employed to hand out the…

A: This is a multiple server (M/M/s) queue model Arrival rate,  = 30 per hour Service rate,  = 9 per…

Q: Doña Blanca plans to open a small car wash and must decide how much space to allocate to waiting…

A: The given question is based on finite queue variation of M/M/s model which is M/M/s/K where K…

Q: You are in charge of a quarry that supplies sand and stone aggregates to your company's construction…

A: Find the Calculation methods below: Single Server: ρ0 = 1 - λμLq = λ2μ(μ-λ)Wq = LqλW = Wq +…

Q: The market manager wants to determine the following for this waiting line system: Average number of…

A: Given:  Arrival rate (λ) = 1 per 3 mins = 1/3 = 0.3333 per minService rate (μ) = 30 per 60 mins =…

Q: For each of the following queuing systems, indicate whether it is a single- or multiple-servermodel,…

A: As per the question, only one type of queuing system has been mentioned that is of a bank.

Q: The Fore and Aft Marina is located on the Ohio River near Madison, Indiana. Fore and Aft currently…

A: Arrival rate (λ) = 4 boats per hourService rate (μ) = 9 boats per hourNo. of servers (s) = 2

Q: Consider two different workstations. Each workstation consists of machines A and B, respectively.…

A: Find the Given details below:

Q: From 3:00 P.M. to 8:00 P.M. the local Big-W Supermarket hasa steady arrival of customers. Customers…

A: Given data Average checkout time Average time in the system

Q: LF Bank has 3 tellers serving customers through a shared line where the next customer in line goes…

A: Given, Arrival rate λ = 74 per hour Service rate μ = 30 per hour Number of tellers s = 3 P0 =…

Q: Customers arrive at Cochinito Bank according to a Poisson distribution, with a mean of 45 customers…

A: Given data: Average arrival rate (λ) = 45 customers per hour Average service time = 5 minutes Then…

Q: A new shopping mall is considering setting up an information desk manned by one employee. Based upon…

A: I will determine the total expected cost over an 8-hour day, the related answer is presented below,

Q: Average time of clients in the blue counter 2. Medium number of clients in line 3. Medium number of…

A: Queueing theory is a crucial framework used to study waiting lines and the dynamics of systems where…

Q: During the evening hours, an average of 52 customers can be found in Sachi’s Sports Bar. About 40…

A: The Little’s Law provides a very simple and intuitive approach for the assessment of the efficiency…

Q: Your employer is considering a choice between a single-line and a multiple-line arrangement. The…

A: Single line is best when the servers can handle general transactions. Multiple lines are best when…

Q: 1. Landing in the city of Bucaramanga after taking the Copetran bus from 6:00 PM Eidis Yuseth wants…

A: Queuing theory is a branch of mathematics and operations research that deals with the study and…

Inventory Management

The supply chain is crucial to a firm's operations as it manages the inflow and outflow of products that are manufactured from the initial stage to the end product. It also considers the raw materials needed at different stages of production and when the work is in progress. Inventory management functions consist of ordering, storing, and procuring the organization's inventory like raw materials, factors, and finished products. It's also used for controlling the number of products for trade and helps manage the organization's inventory and stock. Inventory Management has been defined as having the right inventory, of the right volume, at the right cost.