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A business center wants to lease a fax machine for customers to use. A regular fax machine leases for $18 per hour, and it takes a customer an average of 10 minutes (exponentially distributed) to complete a faxing job. An upgraded fax machine leases for $22 per hour, and it requires an average of 8 minutes to complete a faxing job. Customers arrive at the faxing machine at a rate of 4.2 per hour (Poisson distributed) and a customer’s time is valued at $10.00 per hour. Determine which fax machine the business center should lease to minimize the total cost.
Explain which stage in the entrepreneurial process is most appropriate for equity financing and debt financing. In "Advocates for Workers Raise the Ire of Business". (New York Times) What are some of the potential sources of the conflicts? What are t..
What is the first part of the investment? What is the second part of the investment? What is the third part of the investment?
C&A produces 249 units per day using 21 workers on a 6-hour shift. On average, 29% of the units produced are defective and must be scrapped. What is the labor productivity in units per worker?
Analyzed and discussed the external forces and industry conditions that have impacted TEOCO's performance over the years. Analyzed and discussed how the internal organization and culture at TEOCO influenced its performance.
Large-scale integrated (LSI) circuit chips are made in one department of an electronics firm. These chips are incorporated into analog devices that are then encased in epoxy. The yield is not particularly good for LSI manufacture, so the AQL specifie..
What is the relationship between purchasing and the classical EOQ models? How are the quantity discounts evaluated when using the classical EOQ model? How is safety stock determined in the classical EOQ model? Why is inventory management important to..
What is your business are being sued for a breach of contract. Create a matrix that list each business and compare and contrast your personal liability exposure as a sole owner as a result of the lawsuit.
There are two task listed below both with negative and positive risk for each risk i need help doing the risk discription, preventive, post actions and the risk impact for each. This has to be for every positive and negative numbered risk. Financial ..
What trade-offs are involved in deciding to have a single large, centrally located facility instead of several smaller, dispersed facilities?
Assuming that the current turnover and profits of both the units are comparable, compare the relative benefits and limitations of Materials Requirement Planning (MRP) for these two businesses.
South Central Airlines operates a commuter flight between Atlanta and Charlotte. The plane holds 30 passengers, and the airline makes a $100 profit on each passenger on the flight. Explain how your simulation model could be used to evaluate other ove..
Which of the following may be a hindrance to successful knowledge management?
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