Introduction to Management Science (12th Edition)
Introduction to Management Science (12th Edition)
12th Edition
ISBN: 9780133778847
Author: Bernard W. Taylor III
Publisher: PEARSON
Question
Book Icon
Chapter 13, Problem 1.1CP
Summary Introduction

Case summary:

The case deals with the copy center at the business college at state university. The head of the department has the idea to improve the copying facility. It is given that the arrival time is 8 minutes and service time is 12 minutes. Average salary of secretary is $8.50 per hour. The cost of the new copier is $36,000 plus the maintenance cost of $8,000.

To determine: Whether the new copier machine will be cost-effective.

Blurred answer
Students have asked these similar questions
At the Ford automobile Highland plant, assume the one-millionth vehicle was produced in 1916 at a cost of $8084 (in 2013 US$), by how much did the Ford company reduce his cost with each doubling of cumulative output from 1916 to 1927?
At the Ford automobile Highland plant,in 1913, how long did the average worker stay with the plant and what was the average tenure of a worker?
Community Federal Bank in Dothan, Alabama, recently increased its fees to customers who use employees as tellers. Management is interested in whether its new tee policy has increased the number of customers now using its automatic teller machines to that point that more machines are required. The following table provides the number of automatic teller transactions by week. Use trend projection with regression to forecast usage for weeks 13-16.
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Text book image
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Text book image
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
Text book image
Business in Action
Operations Management
ISBN:9780135198100
Author:BOVEE
Publisher:PEARSON CO
Text book image
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
Text book image
Production and Operations Analysis, Seventh Editi...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.