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Consider an espresso stand with a single barista. Customers arrive at the stand at the rate of 30 per hour according to a Poisson distribution. Service times are exponentially distributed with a service rate of 40 customers per hour. a.) The average number of customers in the system (i.e., waiting and being served) is b.) The probability that the server is idle is
Money Laundry has 28 washers and 30 dryers. All orders are first sent to wash and then to dry. It takes on average 48 minutes to wash one order and 40 minutes to dry. a. What is the capacity of the washing stage? What is the capacity of the drying st..
Suppose you want to write a paper on different kinds of drivers. You think you can discuss slowpoke drivers, high-speed drivers, and sensible-speed drivers. You feel you have the most details about high-speed drivers. Should you start with that type ..
The S&P stock index represents a portfolio comprised of 500 large publicly traded companies. On December 24, 2007, the index had a value of 1,410 and on December 24, 2008, the index was approximately 905. The rate of return earned on the S&P 500 is? ..
You did not thrive in your job at the survey company, and now you are back at your former work museum curator. A Japanese auto manufacturer recently opened a facility in your city, and the museum’s upper management decided to do a series of exhibitio..
Your management team has been retained by a senior manager who is concerned about the effectiveness of his managers and their leadership abilities.
Some customers are inherently not profitable and ‘retain’ because they extract more value from the firm than they provide in terms of revenue, reputation and recommendation. Identify three strategies for addressing this sort of retention ‘problem’. W..
Create a decision table that illustrates explain how Willow brook School determines which discounts, if any, are to be applied to fixed fees for a child.
Use non-course materials to support your contentions and incorporate pro-rata financial statements and supporting documentation. Use APA style and submit your proposal to the instructor by the last day of class.
Bond aroma co. sells two products: cologne and perfume. Cologne sells for $3 per ounce; each ounce requires 2 grams of fragrance, and 6 grams of intensifier. Perfume sells for $8 per ounce; each ounce requires 4 grams of fragrance, 2 grams of intensi..
What characteristics of Las Vegas visitors suggested that an integrated marketing communications campaign would be necessary.
Discuss setting up valid research designs in a company, work environment.
Examine the nature, characteristics, models, and / or methods pertinent to the structuring of policy problems. Compare and contrast approaches and / or techniques for prescribing preferred policies.
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