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Consider a post office that is run by two clerks. Suppose that when Mr. Smith enters the post office, he discovers that Mr. Jones is being served by one of the clerks and Mr. Brown by the other. Suppose also that Mr. Smith is told that his service will begin as soon as either Jones or Brown leaves. If the amount of time that the clerk I spends with a customer is exponentially distributed with mean 1/lambda_1, I = 1, 2, what is the probability that Mr. Smith is not, the last one to leave the post office?
Compute a weighted 3-month moving average forecast for months 4 through 9. Assign weights of .55, .33 also .12 to months in sequence, starting with most recent month. Compare two forecasts by using MAD. Which forecast appears to be more accurate.
Think about service delivery and how it affects your life. Generate ideas for additional improvements in service delivery for banking, higher education, or health care. You do not have to stick to these fields, they are just suggestions.
The personal income tax in the United States is very different from a comprehensive income tax. Discuss how income distribution and resource use would change if a flat-rate tax on comprehensive income were substituted for the current progressive inco..
What is the yield to maturity of a bond that pays an 3% coupon rate, matures in 15 years, and is currently selling for $850? a.) 8.75% b.) 4.37% c.) 4.39% d.) 17.50%
When do you use Big M method and 2 Phase method for Linear Programming? It says something like when you don't have obvious basic feasible solution, but I'm not sure what it means exactly. As far as I can see, the examples i saw seem like they have ob..
Metropolitan University conducts course assessment each year to monitor the proportion of students who do not meet the minimum passing score on a comprehensive exam given at the end of the students’ academic program. The results are used as an improv..
Addresses the importance of quality management and measurement
What is the benefit to a business organization of having capacity measures?
Do you expect the U.S. dollar to maintain its position as the dominant currency in the foreign-exchange market or will the euro or the Chinese yuan supplant it? Explain your answer. [3] What would be the impact on world trade and investment if there ..
According to MSE criterion, which one of the two forecasting methods is more accurate?
Evaluate Panera Bread's strategy and its effectiveness with executing the strategy within the competitive fast-casual restaurant marketplace.
Briefly discusses the four levels of corporate responsibility using Carroll's Global Corporate Social Responsibility pyramid. What is Scientific Management? Write the four principle of Scientific Management. What do you mean by stakeholders and expla..
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