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Identify a real-life example or application of either the binomial or Poisson distribution. Specify how the conditions for that distribution are met. Suggest reasonable values for n and p (binomial) or mu (poisson) for your example. Calculate the mean and standard deviation of the distribution for your example.
What are the five main parts of the operations planning control (OPC) system? Why are they important to a functioning OPC system?
A drug store has two windows available for serving customers, who arrive at a Poisson rate of 40/hr. Service time is exponentially distributed with a mean of 2 min.
Examine whether or not both processes are in control also illustrate what conclusion may be drawn. Examine whether or not both materials are equally subject to defects. Given your Find outings, advise Jose on the action he should take.
What recommendations might you give to a team that is facing a major organizational change? How does change management link to meeting strategic goals?
Management of the New Fangled Softdrink Company believes that the probability of a customer purchasing Red Pop or the company major competition, Super Cola
Identify key players in this case. Describe each player's role also their relationship to each other. Describe IS management position(s) which were missing at Clarion also suggest candidate(s) to fill roles.
What is the approximated value of the company's before-tax MARR? Determine the GDS depreciation amounts in years on through eight.
describe their sources of competitive advantage. For each, state whether you believe which quality supports their strategy or does not support it.
xplain from beginning to end the supplier - customer relationship both internally also externally of the organization also why it is important to understand the existence of this relation in producing the final product/service to the ultimate cust..
Why is forecasting important in organizations, especially as related to understanding the relevant time horizon to develop a forecast against? What are some examples from industry?
Suppose that a year has gone by, output is now just 1% above potential, and the inflation rate 1.5% over the year. What Federal funds rate should the Fed now set
Determine the average amount of time that a guest spends checking in. How would this change under each of the stated options? Which option would you recommend?
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