Solve the question below using the attached excel templates with formulas for renting both slow and fast copies (labeled in the excel tabs). Question: The Decision Sciences Department is trying to determine whether to rent a slow or a fast copier. The department believes that an employee’s time is worth $15 per hour. The slow copier rents for $4 per hour, and it takes an employee an average of 10 minutes to complete copying. The fast copier rents for $15 per hour, and it takes an employee an average of six minutes to complete copying. On average, four employees per hour need to use the copying machine. (Assume the copying times and interarrival times to the copying machine are exponentially distributed.) Which machine should the department rent to minimize expected total cost per hour?

Provide instead: 3 Positive and 3 negative outcomes for forecasting 3 Positive and 3 negative outcomes for queuing model

D) At what click through rate in position 1 are you indifferent between positions 1 and 2? E) What is the cost per order of the orders you gain by moving up from position 3 to position 2?

While performing a procedure, a surgeon accidentally cuts a patient's nerve causing permanent neurological damage. After reviewing the event, the hospital's risk management committee determined that the surgeon was not qualified to perform this procedure. Which action should the hospital implement to avoid this type of situation in the future? Ensure proper privileging prior to patient care Require pairing of surgeons to minimize risk Institute continuing education programs for surgeons Decrease scheduled surgeries per day

One of the chair lifts at a ski resort unloads 1,600 skiers per hour at the top of the slope. The ride from the bottom to the top takes 19 minutes. Instruction: Do not round your intermediate and round final answer to nearest integer. How many skiers are riding on the lift at any given time? skiers

Solve the question below using the attached excel templates with formulas for renting both slow and fast copies (labeled in the excel tabs). Question: The Decision Sciences Department is trying to determine whether to rent a slow or a fast copier. The department believes that an employee’s time is worth $15 per hour. The slow copier rents for $4 per hour, and it takes an employee an average of 10 minutes to complete copying. The fast copier rents for $15 per hour, and it takes an employee an average of six minutes to complete copying. On average, four employees per hour need to use the copying machine. (Assume the copying times and interarrival times to the copying machine are exponentially distributed.) Which machine should the department rent to minimize expected total cost per hour?

Kathleen McFadden's restaurant in Boston has recorded the following data for eight recent customers:                                                                                                                                                                   a) McFadden wants you to graph the eight points (x;, y1), i = I, J 2, ... 8. She has been concerned because customers have been waiting too long for their food, and this graph is intended to help her find possible causes of the problem.b) This is an example of what type of graph?

Please do not give solution in image format thanku The Muppet Company makes Monster Cookies in several large commercial bakeries across the United States. The process is the same in all the bakeries and consists of mixing the cookie dough, forming the cookies (called base cakes), baking and cooling them. The cooled cookies are then iced and packaged. The packaged cookies are then shipped hourly to a company warehouse. As part of a continuous improvement program, Henson Sullivan, the operations manager in one of these bakeries, wondered if the production process could be improved. To understand the process, she took a pencil and clipboard and drew a value stream map of the cookie process. Henson knew that the monthly production requirement was 12,000 cases. The bakery operated 20 days per month with one 8-hour shift per day with two 30 minute lunch break. Since the line is dedicated to Monster cookies, there is no changeover time or set up time and the current batch size equals one.…

Two methods are used to predict how many customers will call in for help in the next four days. The first method predicts the numbers of callers to be 23, 5, 14, and 20 for the four respective days. The second method predicts 20, 13, 14, and 20 for the four respective days. The actual numbers of callers turn out to be 23, 10, 15, and 19. Which method has the smaller mean absolute error (MAE)? Multiple Choice The first method The second method Cannot be determined Both methods have the same MAE

Kay and Micheal Passe publish what's Happening?--a biweekly newspaper to publicize local events. whats happening? has a few subscribers; it typically is sold at checkout stands. Much of the revenue comes from advertisers of garage sales and supermarket specials. In an effort to reduce costs associated with printing too many papers or delivering them to the wrong location, Micheal implemented a computerized system to collect sales data. Sales-counter scanners accurately record sales data for each location. Since the system was implemented, total sales volume has steadily declined. selling advertising space and maintainting shelf space at supermarkets are getting deifficult. Reduced revenue makes controlling costs all the more important. For each issue. Micheal caefully makes a forecast based on sales data collected at each location. Then he orders papers to be printed and distributed in quantities matching the forecast. Micheal's forecast refect a downward trend, which is present in the…