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Due to a recent increase in business, a law firm secretary must now word-process an average of 20 letters a day (assume a Poisson distribution). It takes him approximately 20 minutes to type each letter (assume an exponential distribution). Assuming the secretary works 8 hours a day:
Assume a second secretary is hired that type at the same rate as the first one.
What is the probability that there are no letters to be typed?
What is the utilization rate for each category?
Assume the secretary’s salary is $20 per hour, and cost of having letters on the secretary’s desk (waiting to be typed) is $15 per hour. Recommend a course of action to the manager of this law firm
Assess whether Markel Corporation can improve the performance of its currency hedging and increase its profits from it. Explain why or why not.
You take a sample of 5 cupcakes, and the diameters are 37.8, 37.7, 38.1, 38.6, and 38.0 mm.
why is it important to continuously update the implementation and communication of a strategic plan? who should be
What is the business community's responsibility regarding mitigating social problems?
A product has specification limits of 6.0 ounces and 6.5 ounces. The company of this product states that the product weighs 6.2 ounces. If the company wants to have a Cpk of 2.0 or greater, what is the maximum value of the standard deviation (?) so ..
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.
Why are decision makers often incorrect? What are some ways individuals and organizations can improve their decision-making abilities? Site source
Create a media presentation in which you identify listening barriers you have experienced, explain their effects, and determine appropriate listening and responding strategies. You can use the following formats:
What is culture shock? What are the four stages of culture shock?
How is conflict conceptualized differently under the unitary and pluralistic view of conflict in society? Explain how the Great Upring of 1877 laid the foundation for the future labor-management relations.
stadium builders rs are preparing a bid to build a new 50000 seat baseball stadium in delaware. the construction must
contrast the dynamics between dominant cultures and subcultures either in a work setting or in society. explain why it
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