1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
trapecia [35]
3 years ago
14

At a career fair there are two types of job seekers, ones with low experience (Elow) and those with high experience (Ehigh). 70

Elows arrive per hour and 30 Ehighs arrive per hour. The Elows first meet with a coach to go over their resume and to get interviewing tips. Coaching takes 10 minutes and there are 11 coaches. The Ehighs skip coaching and go directly to interviews with prospective employers. There are 40 employers doing interviews. Each interview with an Elow takes 15 minutes. Each interview with an Ehigh takes 30 minutes.
Instructions: Round all answers to 1 decimal place.

(a) What is the implied utilization (%) for each step in this process?
Coaching %
Interviews %
(b) What are the actual and maximum flow rates of each type of job seeker per hour?

Elows per hour
Ehighs per hour

Business
1 answer:
Ivenika [448]3 years ago
7 0

Answer:

Check the explanation

Explanation:

Coaching

Implied utilization

Arrival of Elows = 70 per hour

Coaching time = 10 mins per Elow

Total Workload= 70*10 = 700 coaching mins

Available coaching hours = 11*60 = 660 mins

Implied utilization = Total demand / Available capacity

= 700/660

= 1.0606

Maximum flowrate = 660/10 = 66 Job seekers per hour ( or Elows per hour)

Actual flowrate = 66 Job seekers per hour (as this process is bottleneck)

Interview process

Total workload = 70*15+30*30

=1950 mins

Available capacity = 40*60 = 2400 mins

Implied Utilization = 1950/2400 = 0.8125

Expected interview time = (0.70*15+0.30*30)

Maximum flow rate = 2400/(0.70*15+0.30*30)

=123.0769 job seekers per hour

Actual flow rate:

Actual arrival rate of Elows (from Coaching process) =66 Elows per hour

So, Total arrivals =66+30 = 96

Since, this process has capacity more than demand

Actual flow rate = 96 job seekers per hour

kindle check the attached image below see the diagram explaming .

You might be interested in
Which of the following is a characteristic of an unstructured interview?
Dennis_Churaev [7]

Answer;

C. Common in small businesses

Explanation;

-Unstructured Interview refers to an interview in which the questions to be asked to the respondents are not set in advance. These non-directive interviews are considered to be the opposite of a structured interview which offers a set amount of standardized questions.

-Unstructured interviews are much more casual and unrehearsed.  They depend on free flowing conversation which tends to focus on your personal qualities as they relate to the work.

5 0
3 years ago
Read 2 more answers
Young children are permitted to work in the manufacturing of soccer balls in Pakistan, but this would not be legal in the United
e-lub [12.9K]

Answer:

no jodas

Explanation:

6 0
3 years ago
I will pay 5$ to the who solve it
elena55 [62]

Answer:

a. The price that the company should sell the new toy at if it prices at cost plus profit at 100% profit markup is:

= $20.

b. The price that the company should sell the new toy at if it prices using competitive pricing is:

= $22.50 (average of competitors' prices)

c. The price that the company should sell the new toy at if it prices using penetration pricing is:

= $20 (lowest market price)

d. The price that the company should sell the new toy at if it prices using price skimming is:

= $25.

Explanation:

a) Data and Calculations:

Cost of producing a new toy = $10

Competitors' prices are:

Product A – $25

Product B – $20

Product C – $23

Product D–  $22

Total =          $90

Average price = $22.50 ($90/4)

Cost =   $10

Markup   10 ($10 * 100%)

Price = $20

b) An important consideration in the pricing of products is customers' and competitors' reactions to the firm's selling price.  The purpose of considering customers is to ensure that enough demand is generated to cover production cost and make profits.  Competitors can wage price wars to discourage new entrants into their markets.  Many pricing methods are in use, depending on the prevailing market realities.

4 0
3 years ago
What is one way that the government cannot prevent a budget deficit?
Anna007 [38]

Answer:

The answer is Selling Stocks

3 0
3 years ago
Calculate the cash dividends required to be paid for each of the following preferred stock issues: Required: The semiannual divi
damaskus [11]

Answer:

(a) Annual dividend = Dividend rate × par value ×  number of shares outstanding

                                 = 7% ×  $60 ×  40,000

                                = $168,000

Semi‑annual dividend = \frac{Annual\ dividend}{2}

                                     = \frac{168,000}{2}

                                     = $84,000

(b) Annual dividend = Dividend rate × number of shares outstanding

                                  = $5.20 × 171,600

                                 = $892,320

Arrears of $892,320 are owed for last year as well, so the total dividends owed would be:

$892,320 × 2 years

= $1,784,640

(c) Annual dividend = Dividend rate × stated value × number of shares outstanding

                                 =  4.8% × $100 × 445,000

                                = $2,136,000

Quarterly dividend = = \frac{Annual\ dividend}{2}

                                     = \frac{2,136,000}{4}

                                     = $534,000

8 0
3 years ago
Other questions:
  • At a price of $1.00, a local coffee shop is willing to supply 100 cinnamon rolls per day. At a price of $1.20, the coffee shop w
    9·1 answer
  • Jenny manages sales dealership of high-end luxury brand of automobile. Her target market is limited to a specific social class,
    15·1 answer
  • The stock of Wheel Corporation, a U.S. company, is publicly traded, with no single shareholder owning more than 5 percent of its
    15·1 answer
  • Riley is a 50% partner in the RF Partnership and has an outside basis of $56,000 at the end of the year prior to any distributio
    5·1 answer
  • Determinants of Interest Rates The real risk-free rate is 4%. Inflation is expected to be 4% this year, 5% next year, and then 4
    15·1 answer
  • When firms add workers and find that the additional workers add less output than their predecessors did, they are experiencing A
    5·1 answer
  • Bramble University sells 6,500 season basketball tickets at $40 each for its 13-game home schedule.
    7·1 answer
  • When considering the quick service restaurant competition it would be most important for Wendy's to consider not only the offeri
    9·1 answer
  • Sales revenue $350,000 Accounts receivable $280,000 Ending inventory $230,000 Cost of goods sold $180,000 Sales returns $50,000
    5·1 answer
  • Cool Cars Location (Scenario) An automobile producer from Southern Italy, Cool Cars, has developed plans to expand international
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!