Mgt-314 (Operations Management)MCQ: 1) Gala makeover is one of the popular beauty salons that the brides consider for their big day. NavinAhmed, the owner and the main artist of this beauty salon, can take up to 7 bridal appointments perday. Anyone who wants the service needs to pre-book the service way before the event day by payingthe full amount. Once the 7 people's quota is filled up, they don't accept any more service requests.Which option among the given ones is more relatable with this scenario?a) Priorityb) Preferredc) First Come, First served) Reservation2) The Economic order quality for Billboards of Jafar Advertisers is 200. They target a sales volume of8000 billboards annually. How many times in a year should they recorder? 12a) Can't determine from the given datab) 40c) 6000d) .0253) Excess cost is $0.30 per unit, shortage cost is $0.60 per unit, what would be the approx. stock outrisk?a) 67%b) 25%c) 75%d) 33%

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Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter12: Queueing Models

Section: Chapter Questions

Problem 59P

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