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A toll tunnel has decided to experiment with the use of a debit card for the collection of tolls. Initially, only one lane will be used. Cars are estimated to arrive at this experimental lane at the rate of 1,090 per hour. It will take exactly 3 seconds to verify the debit card.
Required:
(a) In how much time would you expect the customer to wait in line, pay with the debit card, and leave?(Round your answer to the nearest whole number.)
Average total time seconds?
(b) How many cars would you expect to see in the system? (Round your answer to 2 decimal places.)
Average number in system cars?
Explain how do companies Boeing also Airbus tailor their generic strategy, strategic business units, market positioning, timing or offensive also defensive tactical manoeuvres.
Why do you think IKEA's expansion into Europe went so well? Why did the company subsequently stumble into North America? What lessons did IKEA learn from this experience? How is the company applying these lessons?
Illustrate what is your recommended daily order quantity for supermarket. Illustrate what is probability which supermarket will sell all units it orders.
The firm uses a cost of capital of 15 percent per year. Illustrate what should you do, continue to produce in-house or accept the bid from your Taiwanese supplier.
As a result of sales volume analysis, many firms have eliminated some of their products or customers
They gave the example that if it orginally ran 2 minutes long it would then run for only 1 min and 12 seconds. I thought 40% would be 1 min 20 sec
Two-hour program involved distance learning also was broadcast from sears training facility to 50 salespersons at 10 store locations in United States. Illustrate what is return on investment from this program.
Illustrate what is number of orders per year if manager uses current order quantity of 1600. Also illustrate what is number of orders per year if manager uses Economic Order Quantity.
A power plant in California uses coal at rate of 100,000 lbs per day. Illustrate what mode of transportation do you recommend for coal and for MRO materials.
Looking at the legal environment of business today, discuss where you see the law has fallen short for businesses or consumers.
Sears is losing market share, has been acquired by K-Mart and is eliminating jobs; Wall-mart is gaining market share and hiring. Illustrate what are ethical issues involved and which industry has a more ethical position."
Recently, to broaden its appeal, Food Fare added barbecue, seafood and steak to its menu. Required For each case, classify important structural cost drivers for business and related strategic issues that it should address to be competitive. Explai..
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