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Automobiles arrive at the drive-through window at the downtown Urbana, Illinois, post office at the rate of 4 every 10 minutes. The average service time is 2 minutes. The Poisson distribution is appropriate for the arrival rate and service times are exponentially distributed.
a) What is the average time a car is in the system?b) What is the average number of cars in the system?c) What is the average number of cars waiting to receive service?d) What is the average time a car is queue?e) What is the probability that there are no cars at the window?f) What percentage of the time is the postal clerk busy?g) What is the probability that there are exactly 2 cars in the system?
Shirley Hopkins is developing a program in leadership training for middle-level managers. Shirley has listed a number of activities that must be completed before a training program of this nature can be conducted.
The seconds were sold for $96 every at a factory outlet store. The remaining 92 garments were sold to retail outlets at a price of $200 per garments. Elucidate what was the labour productivity in dollars per labour-hour at Natalie's shop.
Develop a scope statement for this project that contains examples of all of the elements. Assume that the event will occur in four weeks, and provide your best guess estimate of the dates for milestones.
If Joe and Bud have an e-mail exchange that documents their agreement, does this change your answer? Why or why not?
What is the value creation frontier? How does each of the four generic business models allow a company to reach this frontier?
Your best friend owns a small children's clothing store located in the downtown area of a community of 50,000 citizens. Business has been slow the past year due the construction of several new strip malls and a new Wal-Mart store
If the probability that the future market is favorable equals 0.5, what is the best strategy? And what is the expected value of perfect information (EVPI)?
However, such Pull-Systems leave a company very vulnerable to disruptions in the supply chain. Discuss this approach to Inventory control and ways to mitigate disruptions in the supply chain
LI uses the economic order quantity as their fixed order size. Suppose the opportunity cost of capital also all other inventory cost is 15percent annually also that there 50 weeks in a yr. Elucidate how many cans of cat food should CLI order at a ..
Formulate a Linear programming model with an objective to maximize profit. Using the names of variables as A, B, C, D, E and F, write down the LP in algebraic form as discussed in the class
There is not a traditional answer to meet every problem in an organization. The latest theory could be outdated within a few years. Therefore, in many cases leaders must create their own strategy
A manager must make a decision on shipping. The shipper the manager's company is contracted to use offers 2 day and 7 day delivery. The cost is 500 dollars for 2 day delivery and 300 dollars for 7 day delivery.
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