Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Chapter 10.2, Problem 1P
Use the RAND function and the Copy command to generate 100 random numbers.
- a. What fraction of the random numbers are smaller than 0.5?
- b. What fraction of the time is a random number less than 0.5 followed by a random number greater than 0.5?
- c. What fraction of the random numbers are larger than 0.8?
- d. Freeze these random numbers. However, instead of pasting them over the original random numbers, paste them onto a new range. Then press the F9 recalculate key. The original random numbers should change, but the pasted copy should remain the same.
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Please assist with the Case Study below as attached.
Read the case study below and answer the questions that follow.
The Importance of the Planning Phase to Project Success.
Traditional wisdom is that planning and analysis are very important and the more there is in a project, the more successful the project will be. Time spent on these activities will reduce risk and increase project success. On the other hand, inadequate analysis and planning will lead to a failed project. If poor planning has led to failed projects, then perhaps billions of dollars have been lost. But how much is too much? “Light weight” project management techniques such as agile are gaining popularity. Part of their ethos is that less initial planning is better and an evolutionary process is more efficient.
QUESTION 1
The article above states: “Traditional wisdom is that planning and analysis are very important and the more there is in a project, the more successful the project will be”.
Describe FIVE (5) ways…
On a daily basis, the van is dispatched from Maplewood Hospital to pickup blood and platelet donations made at its local donation centers. The distances in
miles between all locations may be found in the table below.
Click the icon to view mileage data for Vampire Van.
a. The van travels from the Hospital (A) to (B) to (C) to (D) to (E) and then returns to the Hospital (A). What is the total number of miles that the van must
travel using this route?
Route ABCDEA requires a total distance of 20.4 miles. (Enter your response rounded to one decimal place.)
b. Using Maplewood Hospital as the beginning location, create a route using the Nearest Neighbor heuristic. What is the total number of miles that the van
must travel using this route?
The new route is A
A and requires a total distance of miles. (Enter your response rounded to one decimal place.)
More Info
Maplewood
City Center
Westbrook
Hospital (A) Donation Site (B)
Donation Site (C)
Municipal Park
Donation Site (D)
Valley Hills…
View the video Noodles & Company (8.28minutes, Ctrl + Click on the link); what are your key takeaways (tie to one or more of the topics discussed in Chapters 7 & 7S – service process design, type of job design, methods analysis, work methods, job design, learning curve effect, etc.) after watching this video. https://media.gaspar.mheducation.com/GASPARPlayer/play.html?id=E5i8OKgpqhwywhgFmpp1bmM
Note: As a rough guideline, please try to keep the written submission to one or two paragraphs.
2) Leland, the job analyst at Zevo Toys, wanted to perform a time study on the assembling of toys. He observed one of the workers, Magorium, for five hours. During that time, Magorium assembled 250 toys. Leland rated Magorium as performing at 110 percent. The allowance for rest, personal time, etc. at Zevo Toys is 12 percent.
a) Compute the normal time for the job.
b) Compute the standard time for the job.
Note: You could work out the problem by hand or use excel; in chapter 7,…
Chapter 10 Solutions
Practical Management Science
Ch. 10.2 - Use the RAND function and the Copy command to...Ch. 10.2 - Use Excels functions (not @RISK) to generate 1000...Ch. 10.2 - Use @RISK to draw a uniform distribution from 400...Ch. 10.2 - Use @RISK to draw a normal distribution with mean...Ch. 10.2 - Use @RISK to draw a triangular distribution with...Ch. 10.2 - Use @RISK to draw a binomial distribution that...Ch. 10.2 - Use @RISK to draw a triangular distribution with...Ch. 10.2 - We all hate to keep track of small change. By...Ch. 10.4 - Prob. 11PCh. 10.4 - In August of the current year, a car dealer is...
Ch. 10.4 - Prob. 13PCh. 10.4 - Prob. 14PCh. 10.4 - Prob. 15PCh. 10.5 - If you add several normally distributed random...Ch. 10.5 - In Problem 11 from the previous section, we stated...Ch. 10.5 - Continuing the previous problem, assume, as in...Ch. 10.5 - In Problem 12 of the previous section, suppose...Ch. 10.5 - Use @RISK to analyze the sweatshirt situation in...Ch. 10.5 - Although the normal distribution is a reasonable...Ch. 10.6 - When you use @RISKs correlation feature to...Ch. 10.6 - Prob. 24PCh. 10.6 - Prob. 25PCh. 10.6 - Prob. 28PCh. 10 - Six months before its annual convention, the...Ch. 10 - Prob. 30PCh. 10 - A new edition of a very popular textbook will be...Ch. 10 - Prob. 32PCh. 10 - W. L. Brown, a direct marketer of womens clothing,...Ch. 10 - Assume that all of a companys job applicants must...Ch. 10 - Lemingtons is trying to determine how many Jean...Ch. 10 - Dilberts Department Store is trying to determine...Ch. 10 - It is surprising (but true) that if 23 people are...Ch. 10 - Prob. 40PCh. 10 - At the beginning of each week, a machine is in one...Ch. 10 - Simulation can be used to illustrate a number of...Ch. 10 - Prob. 43PCh. 10 - Prob. 46PCh. 10 - If you want to replicate the results of a...Ch. 10 - Suppose you simulate a gambling situation where...Ch. 10 - Prob. 49PCh. 10 - Big Hit Video must determine how many copies of a...Ch. 10 - Prob. 51PCh. 10 - Prob. 52PCh. 10 - Why is the RISKCORRMAT function necessary? How...Ch. 10 - Consider the claim that normally distributed...Ch. 10 - Prob. 55PCh. 10 - When you use a RISKSIMTABLE function for a...Ch. 10 - Consider a situation where there is a cost that is...
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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.Similar questions
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