A single lane on-ramp at Conrad Rd. in Orlando has an automa…

A single lane on-ramp at Conrad Rd. in Orlando has an automated tollbooth facility. The tollbooth can process one vehicle every 20 sec. Given the location of the tollbooth near the airport, the traffic flow in this area is heavy with one car arriving every 43 sec. Using an M/M/1 service system model, compute the mean number of vehicles in queue at the tollbooth per minute. [Answer1] What is the mean wait time for any vehicle in queue at the tollbooth? [Answer2]  

A new system for beer can packaging is expected to save a sm…

A new system for beer can packaging is expected to save a small craft brewery $155K after 5 yrs. of use. The present cost for the packaging system is $63K. Assume an interest rate of 8%. What is the net present worth of the packaging system (P/F,i,n) for the brewer?

All control limits are conditional until a process is descri…

All control limits are conditional until a process is described as “in control”. In the event that a process outlier is observed, based on initial control limits, the upper- and lower-bounds should be recalculated subsequent to outlier removal (i.e., after the process is “in control”).

For the Ford plant in Q29, one work package addressing CPU c…

For the Ford plant in Q29, one work package addressing CPU chip installation for each F-150 Lightning was allocated a BCWS of $6M for a monthly production goal of 4000 vehicles. Due to chip shortages during the first month, the Kentucky plant was only able to produce 3300 vehicles. What is the BCWP for the first month’s unit delivery? [Answer1]  If Ford also determined that, based on the first month production, the cost per chip installation is $1800, what is the ACWP? [Answer2] Calculate the CPI and identify the project disposition after the first month of production. [Answer3] Given the CPI for the first month, what your projection of the total monthly cost for the company to achieve the identified monthly production goal? [Answer4]