Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 5, Problem 1C
Summary Introduction
Case summary:
The case deals with the optimized motor carrier selection at Company W. The overview of the firm including its products, orders, transportation function,
To determine: The number of postal windows that should be opened to minimize the hourly costs.
Expert Solution & Answer
Trending nowThis is a popular solution!
Students have asked these similar questions
Discuss how inventory levels can impact queuing theory for food or alcohol distribution (Compare food trucks, fast food and sit down restaurants).
In question 4, why did we consider the needed waiting for trucks from 6pm to 8am?
Netflix is a DVD movie rental company. They stock 50 DVDs of a recent blockbuster movie available for rental. Their rental fee is $4 per DVD per day. The inter-arrival time between rental requests for this movie is 2.5 hours, on average, with a standard deviation of 2.5 hours. Demand is steady throughout a 24-hour day (there is no evidence of other arrival patterns). Assume that if all copies of the DVD are rented, then customers are willing to wait for the next one to become available. Also, assume shipping is instantaneous (the shipping time is zero days). A DVD is rented, on average, for 5 days with a standard deviation of 3 days. What is the average number of unrented DVDs in Netflix’s warehouse? Hint: consider the average utilization.
Chapter 5 Solutions
Practical Management Science
Ch. 5.2 - Prob. 1PCh. 5.2 - Prob. 2PCh. 5.2 - Prob. 3PCh. 5.2 - Prob. 4PCh. 5.2 - Prob. 5PCh. 5.2 - Prob. 6PCh. 5.2 - Prob. 7PCh. 5.2 - Prob. 8PCh. 5.2 - Prob. 9PCh. 5.3 - Prob. 10P
Ch. 5.3 - Prob. 11PCh. 5.3 - Prob. 12PCh. 5.3 - Prob. 13PCh. 5.3 - Prob. 14PCh. 5.3 - Prob. 15PCh. 5.3 - Prob. 16PCh. 5.3 - Prob. 17PCh. 5.3 - Prob. 18PCh. 5.4 - Prob. 19PCh. 5.4 - Prob. 20PCh. 5.4 - Prob. 21PCh. 5.4 - Prob. 22PCh. 5.4 - Prob. 23PCh. 5.4 - Prob. 24PCh. 5.4 - Prob. 25PCh. 5.4 - Prob. 26PCh. 5.4 - Prob. 27PCh. 5.4 - Prob. 28PCh. 5.4 - Prob. 29PCh. 5.5 - Prob. 30PCh. 5.5 - Prob. 31PCh. 5.5 - Prob. 32PCh. 5.5 - Prob. 33PCh. 5.5 - Prob. 34PCh. 5.5 - Prob. 35PCh. 5.5 - Prob. 36PCh. 5.5 - Prob. 37PCh. 5.5 - Prob. 38PCh. 5 - Prob. 42PCh. 5 - Prob. 43PCh. 5 - Prob. 44PCh. 5 - Prob. 45PCh. 5 - Prob. 46PCh. 5 - Prob. 47PCh. 5 - Prob. 48PCh. 5 - Prob. 49PCh. 5 - Prob. 50PCh. 5 - Prob. 51PCh. 5 - Prob. 52PCh. 5 - Prob. 53PCh. 5 - Prob. 54PCh. 5 - Prob. 55PCh. 5 - Prob. 56PCh. 5 - Prob. 57PCh. 5 - Prob. 58PCh. 5 - Prob. 59PCh. 5 - Prob. 60PCh. 5 - Prob. 61PCh. 5 - Prob. 62PCh. 5 - Prob. 63PCh. 5 - Prob. 64PCh. 5 - Prob. 65PCh. 5 - Prob. 66PCh. 5 - Prob. 67PCh. 5 - Prob. 68PCh. 5 - Prob. 69PCh. 5 - Prob. 70PCh. 5 - Prob. 71PCh. 5 - Prob. 72PCh. 5 - Prob. 73PCh. 5 - Prob. 74PCh. 5 - Prob. 75PCh. 5 - Prob. 76PCh. 5 - Prob. 77PCh. 5 - Prob. 80PCh. 5 - Prob. 81PCh. 5 - Prob. 82PCh. 5 - Prob. 83PCh. 5 - Prob. 85PCh. 5 - Prob. 86PCh. 5 - Prob. 87PCh. 5 - Prob. 1C
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.Similar questions
- The Seaboard Shipping Company has a warehouse terminal in Spartanburg, South Carolina. The capacity of each termi-nal dock is three trucks. As trucks enter the terminal, the dri-vers receive numbers, and when one of the three dock spaces becomes available, the truck with the lowest number entersthe vacant dock. Truck arrivals are Poisson distributed, and the unloading and loading times (service times) are expo-nentially distributed. The average arrival rate at the terminal is five trucks per hour, and the average service rate per dockis two trucks per hour (30 minutes per truck).a. Compute L, Lq, W, and Wq. b. The management of the shipping company is consider-ing adding extra employees and equipment to improve the average service time per terminal dock to 25 min-utes per truck. It would cost the company $18,000 per year to achieve this improved service. Managementestimates that it will increase its profit by $750 per yearfor each minute it is able to reduce a truck’s waitingtime.…arrow_forwardplease dont answer in image format. Do type Thnksarrow_forwardThe sanitary landfill charges companies $200 per load and individuals $50 per load. On average, 90 companies tip their trucks each day at the landfill with a standard deviation of 30. There is time only for 110 deliveries in any combination of companies and individuals throughout the course of an eight-hour day. Company dump trucks enter through Gate A and individuals enter through Gate B. Individual demand is plentiful – often there are individuals turned away due to lack of capacity. It costs the landfill $30 to process a company dump truck and $15 to process an individual load. What is the expected profit for one day if the landfill allocates the optimal quantity of capacity to company trucks and individuals fill up the remainder of the сараcity? -arrow_forward
- Ruby-Star Incorporated is considering two different vendors for one of its top-selling products which has an average weekly demand of 50 units and is valued at $75 per unit. Inbound shipments from vendor 1 will average 350 units with an average lead time (including ordering delays and transit time) of 2 weeks. Inbound shipments from vendor 2 will average 500 units with an average lead time of 1 week. Ruby-Star operates 52 weeks per year; it carries a 2-week supply of inventory as safety stock and no anticipation inventory.a. What would be the average aggregate inventory value of this product if Ruby-Star used vendor 1 exclusively?b. What would be the average aggregate inventory value of this product if Ruby-Star used vendor 2 exclusively?c. How would your analysis change if average weekly demand increased to 100 units per week?arrow_forwardAt the British Grand Prix’s Silverstone Circuit’s 3 July 2022 race, it was another battle royal of sorts as the Formula 1 drivers battled for maximum points in the series. The fans seeking to purchase tickets started arriving from 10:00 am running all through 1:30 pm, when the gates closed in readiness for the race. The fans were observed to arrive at an average of 2,048 each hour, and were being served at a rate of 533 every fourteen minutes. Some fans had already purchased their tickets earlier via the ticket sales agency e-commerce portal. The Silverstone gallery has a 150,000 seating capacity. The gallery was 95% full for this grace. Given the enthusiasm of the fans that were trickling in, this was going to be the race of the month. required; iv). On average, how long does a fan spend in the circuit ticketing system? v). What is the probability of having more than 5 but less than 12 fans in the circuit ticketing system? Determine the efficiency of the Silverstone circuit…arrow_forwardRuby-Star Incorporated is considering two different vendors for one of its top-selling products which has an average weekly demand of 30 units and is valued at $60 per unit. Inbound shipments from vendor 1 will average 330 units with an average lead time (including ordering delays and transit time) of 4 weeks. Inbound shipments from vendor 2 will average 450 units with an average lead time of 3 weeks. Ruby-Star operates 52 weeks per year; it carries a 4-week supply of inventory as safety stock and no anticipation inventory. A. the average aggregate inventory value of the product if ruby star used vendor 1 exclusively is $_____ (enter your response as a whole number) B. the average aggregate inventory value of the product if ruby sta used vendor 2 exclusively is $______ (enter your response as a whole number) C. how would your analysis change if average weekly demand increased to 140 units per week? the average aggregate inventory value of the product if ruby star used vendor 1…arrow_forward
- It mentions the disciplines FIFO (also called FCFS = "first come, first served"), LIFO, and SJF (SPT). Can you think of a real-life situation matching SJF? What other queue disciplines can you think of, and what examples of them have you seen in daily life?arrow_forwardSuggest 3- 4 ways to reduce queue waiting times in restaurant during covid 19arrow_forwardTRUE OR FALSE 1. To manage demand effectively, firms need to understand demand patterns and drivers by market segment. This would enable them to use marketing strategies and reshape those patterns. 2. Not all queuing systems are organized on a 'first-come, first-served basis. 3. Adjusting capacity means that some capacity is elastic and more people can be served with the same capacity through extending operating hours or speeding up customer processing times.arrow_forward
- Help me with this error in flexsim, item cannot go out of queue 1arrow_forwarda)Resolution of issue pertaining to storage of steel plates. b)What objectives are to be planned to address the delays in up-gradation of facilities? c)Suggest a strategy to accomplish the objectives planned (in part b). d)How to manage orders those are queued for which it is confirmed that they will be delayed and penalty is inevitable?arrow_forward7. Amazon.com is not an example of market since buyers and sellers cannot meet physically there (True/False)arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,