Practical Management Science
5th Edition
ISBN: 9781305734845
Author: WINSTON
Publisher: Cengage
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Chapter 5.5, Problem 38P
Summary Introduction
To determine: The way Person X would model the problem.
Introduction: In linear programming, the unbounded solution would occur when the objective function is infinite. If no solution satisfied the constraints then it is said to be an unfeasible solution.
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help please
Chapter 5. (M/M/s/K Model). Leia is responsible for 8 computers in the IT offices in a small business called
DataWish. Each computer runs on an average for 3 weeks and requires an average of ½ or 0.5 weeks to get reset
by Leia before it can start up again. If we assign the Poisson distribution to the "arrival" of each computer for
service and an exponential distribution to the actual service provided, answer the following questions:
a. The arrival rate would bel
units per week and the service rate would be
units per week.
b. Calculate the following operating characteristics for the M/M/s/K system:
Utilization Factor (p)
Performance
Measures
c. If we assign a cost of waiting as $500 per week per
computer and $800 per week of hiring Leia, what is the
Total Time Cost per week cost of servicing the
machines?
PO (probability that
sytem is empty)
%
dollars
L (average units in
system)
units
d. If DataWish decides to hire another individual to
help Leia, what would the new Total Time Cost per…
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. 2C
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- Chapter 5. (M/M/s/K Model). Leia is responsible for 8 computers in the IT offices in a small business called DataWish. Each computer runs on an average for 3 weeks and requires an average of ½ or 0.5 weeks to get reset by Leia before it can start up again. If we assign the Poisson distribution to the "arrival" of each computer for service and an exponential distribution to the actual service provided, answer the following questions: a. The arrival rate would be units per week and the service rate would be units per week. b. Calculate the following operating characteristics for the M/M/s/K system: Utilization Factor (p) % Performance Measures PO (probability that sytem is empty) L (average units in units system) La (average units waiting in queue) units W (average time in the weeks system) Wq (average time in the queue) weeks c. If we assign a cost of waiting as $500 per week per computer and $800 per week of hiring Leia, what is the Total Time Cost per week cost of servicing the…arrow_forwardPROBLEM The Seminole Company wishes to apply the Miller-Orr model to manage its cash investment. Seminole’s management has determined that the cost of either investing in or selling marketable securities is $200. By looking at Seminole Company’s past cash needs, they have determined that the variance of daily cash flows is $10,000. Seminole Company’s opportunity cost of cash, per day, is estimated to be 0.05%. Seminole management has figured, based on their experience dealing with the cash flows of the company, that there should be a cushion— a safety stock—of cash of $20,000. 1. How much is the variance of daily cash flows? (Use a number, no decimal value, no commas, no currency, no space) * 2. How much is the opportunity cost of cash, per day? (Use a number, must be in decimal form. eg. 6.3%/100, encode 0.063 , no commas, no currency, no space) * 3. How much is the cost per transaction? (Use a number, no decimal value, no commas, no currency, no space) * PLEASE ANSWER ALL QUESTIONS.…arrow_forward33- In the cash count made on 10.05.202, a cash balance of 35,000 TL was determined. As of the same date, the total debit of the cash account is TL 45,000, and the total receivable is TL 15,000. Which of the following calculations is correct in this situation? a) 197 Lack of Counting and Receipt Hs. 5,000 TL (Borrower) B) 770 General Administrative Expenses Hs. 5,000 (Borrower) NS) 760 Marketing Sales and Distribution Expenses Hs. 5,000 (Borrower) D) 397 Count and Receipt Surplus Hs. 5,000 TL (Creditor) TO) 100 Case Hs. 5,000 TL (Creditor)arrow_forward
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