Question: Hoping to increase the chances of reaching a performance goal
Hoping to increase the chances of reaching a performance goal, the director of a research project has assigned three separate research teams the same task. The director estimates that the team probabilities are .9, .8, and .7 for successfully completing the task in the allotted time. Assuming that the teams work independently, what is the probability that the task will not be completed in time?
Relevant QuestionsDetermine the availability for each of these cases: a. MTBF 40 days, average repair time 3 days. b. MTBF 300 hours, average repair time 6 hours.What is meant by “capacity in chunks,” and why is that a factor in capacity planning? 8. Why is capacity planning one of the most critical decisions a manager has to make? A producer of pottery is considering the addition of a new plant to absorb the backlog of demand that now exists. The primary location being considered will have fixed costs of $ 9,200 per month and variable costs of 70 ...The manager of a car wash must decide whether to have one or two wash lines. One line will mean a fixed cost of $ 6,000 a month, and two lines will mean a fixed cost of $ 10,500 a month. Each line would be able to process 15 ...
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