Global Operations Taco Bell Case TACO BELL CASE 1. Draw a diagram of the process using the format in Exhibit 7.3. 2. Consider a base case where a customer arrives every 40 seconds and the Customer Service Champion can handle 120 customers per hour. There are two Food Champions, each capable of handling 100 orders per hour. How long should it take to be served by the restaurant (from the time a customer enters the kiosk queue until her food is delivered)? Use queuing models to estimate
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Seminar in Psychology Summer Research Opportunity Program (SROP) The Summer Research Opportunity Program allows undergraduate students who are without financial means, the opportunity of spending a summer to go to a research based university and work with a faculty member on a subject of research. The Summer Research Opportunity Program is eight weeks long during the summer months. During the summer students are allowed and expected to actively participate in the programs and activities supplied
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class are the sample space. The event or outcome is the grade that will be received at the end of the experiment. I would like to achieve an “A” in this class but due to my lack of experience in statistical analysis, my hesitation towards advanced mathematics, and the length of time it takes for me to complete my course work a C in this class may be my best result. I have a 1/9 chance or probability to receive an “A” in the data range presented to me which is (A,A-,B,B-,C,C-,D,D- AND F). By the grades
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research and management science is the application of quantitative methods to decision making in all fields. Operations managers use operations research in their decision making and deal with the same issues as Industrial Engineers. OR/MS is applied mathematics while IE is a discipline of engineering. What factors account for the resurgence of interest in OM today? * Effectively consolidating the operations resulting from mergers. * Developing flexible supply chains to enable mass customization
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executive summary introduction findings, analysis & discussion conclusion recommendations & implementation plan reference These are the expected (or average) profit calculations for various different order levels as described in examples 2-2 to 2-4 These are the cost parameters: Item Variable Production Cost Fixed Production Cost Selling Price Salvage Value These are the average revenue calculations: Average Profit Maximum: Expected Profit $2,000,000 $1,500,000 $1,000,000 $500
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Nike, Inc: Cost of Capital 1. What is the WACC and why is it important to estimate a firm’s cost of capital? * WACC stands for Weighted Average Cost of Capital, it is the weighted average of the costs of debt, preferred stock, and common equity a company has. Using the weights of each of its components, and the component costs, WACC intends to find out whether an investment will be profitable to the company. It’s important to estimate the firm’s cost of capital in order to know if an investment
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Lashonda Freeman Professor Barbara Viola Math 104 5/30/11 Logic Application After evaluating the game of “Guess your Card”, I assume that my cards could only be 4, 5, and 9. I came up with this logic by starting with Andy. I add all three numbers together from each player. Andy has the cards of 1, 3, and 7 with a sum of 11. Belle has the cards 3, 4, and 7 with a sum of 14, and Carol has the cards 4, 6 and 8 with a sum of 18. Since each player have a different
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and receive 10 % off the total order. Banking: A system of trading in money which involved safeguarding deposits and making funds available for borrowers.* what is the use of mathematics in Banking •Bank is full of transactions. In turn the transaction is nothing but mathematics •Banks are also involved in stocks and bonds. Bond calculations are mathematical. Stock options are also quite mathematical Foreign Exchange market: The foreign exchange (currency) market refers
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BA II PLUS™ Calculator Important Information Texas Instruments makes no warranty, either express or implied, including but not limited to any implied warranties of merchantability and fitness for a particular purpose, regarding any programs or book materials and makes such materials available solely on an "as-is" basis. In no event shall Texas Instruments be liable to anyone for special, collateral, incidental, or consequential damages in connection with or arising out of the purchase or use
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Exotic Adventures Inc. Case Synopsis Exotic Adventures Inc. is a company that specializes in providing voyages to tourist who primarily want to visit the Polar Regions. Although many come to Exotic Adventures to explore Mother Nature and its beauty, it can be very disheartening when now Mother Nature affects voyages from happening. This sort of incident has now put managers of Exotic Adventures in a difficult position where they now have to decide what to do. The voyages that are provided
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