A rare book library at the University of Audubon in England keeps books that are worth thousands of dollars. This library is the foremost choice for many book readers. The library wants to design a structured process to make ensure the safety of books. The library has a designated process for which the throughput rate is 40 customers per hour. On average, 10 people wait in the visitor’s area, 12 people in the second waiting area, 5 people in the first edition waiting area, 3 people in the original manuscript area and 1 in the author’s journal waiting area. Activity durations are provided by the library and they want to analyze their process flow chart to ensure maximum customer satisfaction. Interpretation: Average time needs to be calculated of the first edition patron to get the requested book from the time of entry into the library with the help of given information in the case study.

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IM.54 A growing online retailer sells thousands of items yet has has one specialty product category with just 30 items. They want to classify these thirty items according to the annual dollar volume (revenue) generated by each item. The table below lists each item number, Annual Sales (in units), and Price per unit: Item # Annual Sales Price 1 221 $25.85 2 446 $14.15 3 8,940 $168.19 4 2,965 $15.99 5 1,322 $29.37 6 2,575 $12.77 7 767 $28.43 8 5,803 $163.01 9 2,673 $20.51 10 642 $14.71 11 4,168 $54.53 12 1,881 $22.55 13 2,417 $29.63 14 5,207 $36.41 15 1,381 $20.55 16 9,635 $173.69 17 17,406 $27.07 18 1,573 $25.99 19 6,471 $64.99 20 6,047 $29.83 21 433 $20.89 22 2,279 $53.59 23 15,532 $106.91 24 1,585 $4.09 25 5,376 $65.23 26 2,965 $37.93 27 2,048 $28.51 28 1,174 $22.99 29 381 $5.57 30 2,930 $3.43 Which item in the table above has the highest annual dollar volume? In the answer field below, write the ITEM # that…

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Chapter 7, Problem 1CQD

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Case Summary: A rare book library at the University of Audubon in England keeps books that are worth thousands of dollars. This library is the foremost choice for many book readers. The library wants to design a structured process to make ensure the safety of books. The library has a designated process for which the throughput rate is 40 customers per hour. On average, 10 people wait in the visitor’s area, 12 people in the second waiting area, 5 people in the first edition waiting area, 3 people in the original manuscript area and 1 in the author’s journal waiting area. Activity durations are provided by the library and they want to analyze their process flow chart to ensure maximum customer satisfaction.

Interpretation: Average time needs to be calculated of the first edition patron to get the requested book from the time of entry into the library with the help of given information in the case study.

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IM.54 A growing online retailer sells thousands of items yet has has one specialty product category with just 30 items. They want to classify these thirty items according to the annual dollar volume (revenue) generated by each item. The table below lists each item number, Annual Sales (in units), and Price per unit: Item # Annual Sales Price 1 221 $25.85 2 446 $14.15 3 8,940 $168.19 4 2,965 $15.99 5 1,322 $29.37 6 2,575 $12.77 7 767 $28.43 8 5,803 $163.01 9 2,673 $20.51 10 642 $14.71 11 4,168 $54.53 12 1,881 $22.55 13 2,417 $29.63 14 5,207 $36.41 15 1,381 $20.55 16 9,635 $173.69 17 17,406 $27.07 18 1,573 $25.99 19 6,471 $64.99 20 6,047 $29.83 21 433 $20.89 22 2,279 $53.59 23 15,532 $106.91 24 1,585 $4.09 25 5,376 $65.23 26 2,965 $37.93 27 2,048 $28.51 28 1,174 $22.99 29 381 $5.57 30 2,930 $3.43 Which item in the table above has the highest annual dollar volume? In the answer field below, write the ITEM # that…

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