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Elis [28]
3 years ago
14

In many services, the acquisition and allocation of capacity plays a significant role in determining the level of operational re

sponsiveness. Our purpose in studying this case is to develop an understanding of the relationship between capacity allocations and responsiveness. We will also try to gain an appreciation for the role that queuing models play in providing insight for operational decisions. The primary focus of your executive summary should be the following: • Assuming that you have 18 patrol cars, how should you allocate them among the 6 precincts? (Each car can be assigned to only one precinct.) What is the objective that you are trying to achieve when you make your allocation decision? Are there alternative objectives that should be considered? • Why might the actual delays experienced by callers to 911 be different from those predicted by the model that you have used?
Business
1 answer:
yan [13]3 years ago
7 0

<u>Solution and Explanation:</u>

<u>Findings and Conclusions </u>

Under the assumption, we have 18 cars. So now we have 3 extra cars to allocate. For each precinct, we have two options: k and k+1.

1. There are apparent decrease of waiting time in B,D and F after we assigned an extra car to each of them. So we recommend to put the 3 extra cars to B,D and F.

2. If we follow 1. , the longest waiting time in the system is 0.9587 hour, which means we can limit the waiting time in the system into 0.96 hour.

<u>Recommendation </u>

If we were not constrained to only 18 cars,

1. We would recommend to cover the precincts in the order of F, A, D, B, C and E if we consider the percentage of high priority calls as the key factor.

2. We would recommend to cover the precincts in the order of D, B, A, F, C and E, if we consider the number of felonies per Sq. Miles (the travel time would also matter) as the key factor.

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Best Shingle's budgeted manufacturing costs for 50,000 squares of shingles are: Fixed manufacturing costs $12,000 Variable manuf
galina1969 [7]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Best Shingle's budgeted manufacturing costs for 50,000 squares of shingles are: Fixed manufacturing costs $12,000 Variable manufacturing costs $16.00 per square

Manufacturing cost= direct material + direct labor  + manufacturing overhead

MC= 12,000 + 16* 50,000= $812,000

5 0
3 years ago
It is now 10 years after you have graduated. You are advising a large company regarding its compensation and tax planning for it
My name is Ann [436]

Answer:

Answer is explained below.

Explanation:

(a)

For the employer to be indifferent the FV of the salary should be equal to the PV of deferred compensation

after three years

The net salary cost to the company = Salary * (1- tax rate)

Tax benefit on Salary at current tax rate 35%  

Net cost to company for $ 1 Salary

Salary $1.00  

Less: Tax benefit  35% $0.35

Net salary cost to Company $0.65

Tax benefit on Deferred compensation after 3 years 31%  

The deferred compensation should be an amount whose PV at rate of return of 6.50% should be $ 0.65

so that the employer remains indifferent between salary and deferred compensation.

Hence, we will calculate the future value of the after tax salary cost to company for $ 1 salary paid.

After tax cost to the Company $0.65  

FV = PV * (1+r) ^ n

where, PV is the present value of the after tax salary cost

r = rate of return( which is 6.50% as stated in the problem)

n = period (which is 3 years as stated in the problem)

= 0.65 * (1+.065) ^ 3

=0.65 * (1.065) ^ 3

= 0.65 * 1.21

= $ 0.79

The value derived above is the after tax cost of deferred compensation to the Company.We will calculate the

gross deferred tax cost to the company after considering the tax rate after 3 years

After tax value of deferred compensation $0.79  

Tax rate for the company (after 3 years) 31%

Deferred tax compensation (After tax value/(1 - tax rate)) $1.14

The company would be offering $ 1.14 as deferred compensation after 3 years for every $ 1 of salary it offers

at the present and would be indifferent between the two offers.

(b)

The company would be offering $ 1.14 as deferred compensation after 3 years for every $ 1 of salary it offers

at the present.

The net deferred compensation receivable by the employees after deducting tax at the rates applicable after

3 years would be as under

Deferred tax compensation offerred by the Company $1.14  

Tax rate after 3 years for employees 40%

Net deferred compensation receivable by the employees $0.68

The employees would prefer salary in the current year if the future value of the salary after 3 years is not

less than deferred compensation they will receive after three years

Net deferred compensation receivable by the employees        0.68    

The employee would agree to salary in the current at lower amounts if the future value after 3 years is

not less than $ 0.68

Hence, to calculate the minimum acceptable salary, we would calculate the present value if the

future value after 3 years at rate of return of 6.50% is $ 0.68

Calculation of the PV if the future value is $ 0.68

PV = FV/(1+r) ^ n

= 0.68/(1+0.065) ^ 3

= 0.68/1.21

= $ 0.56

The value derived above is the after tax value of salary to the employee.We will calculate the

gross salary receivable by the employee after considering the tax rate after 3 years

After tax value $0.56  

Tax rate on salary for current year for employees 35%

Gross salary(After tax salary/(1-tax rate)) $0.86

Hence, the employee would be ready to take a salary cut of $ 0.14 per $ 1 of salary

The pay cut which would agreeable to the employee would be 14% of their current salary

(c.)

PV of deferred compensation should be $ 0.65 for the employee to be indifferent

FV = PV * (1+r) ^ n

= $ 0.65 * (1+.065) ^ 3

= $ 0.65 * (1.065) ^ 3

= $ 0.65 * 1.21

= $ 0.79

The value derived above is the after tax value of salary to the employee.We will calculate the

gross salary receivable by the employee after considering the tax rate for the current year

After tax value of deferred compensation $0.79  

Tax rate for current year for the employees 40%

Deferred tax compensation(After tax salary/(1-tax rate)) $1.32

8 0
3 years ago
Which term refers to promotional money paid by manufacturers to retailers in return for an agreement to feature the manufacturer
Strike441 [17]
Allowance, I believe.
5 0
3 years ago
What impact do you think the following events will have on long run economic growth? Why?
Ann [662]

Answer:

a) Seizing the farms from his political rivals, and giving them to his friends, even when they do not know about farming, will result in less economic growth, because the human capital employed in farming is now of less quality. If things turn sour, a famine could even result (there have been many examples of this kind of situation throughout history).

b) This kind of red-tape will result in less economic growth, because investments that could have been made during the current year, will be postponed at least one year due to the bureaucracy.

c) The government of Tempestia is improving the judiciary, granting it independence and credibility. This will result in more economic growth because now both citizens, and international investors have more confidence in the country, since they feel that their property rights will be enforced, giving them an incentive to invest and take risks.

d) This kind of protectionist policies will likely result in less economic growth because the lack of international trade makes things more expensive for consumers, keeping their incomes from growing, and also because protectionism leads to the misallocation of resources by keeping afloat inefficient economic sectors that under a free trade system would otherwise collapse to give way to more efficient sectors.

5 0
4 years ago
The financial analysis component of a business plan is to describe how your business will be organized and what type of manageme
saveliy_v [14]

Answer:

where the funds to start and operate your business will come from, when you expect to see profit, and how much profit you expect to see.

Explanation:

5 0
2 years ago
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