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Traffic Light Control (Stark and Nicholes, 1972) Automobile traffic from three highways, H1, H2, and H3, must stop and wait for a green light before exiting to a toll road. The tolls are $3,$4,and $5 for cars exiting from H1, H2, and H3, respectively. The flow rates from H1, H2, and H3 are 500,600,and 400 cars per hour. The traffic light cycle may not exceed 2.2 minutes, and the green light on any highway must be on for at least 25 seconds. The yellow light is on for 10 seconds. The toll gate can handle a maximum of 510 cars per hour. Assuming that no cars move on yellow, determine the optimal green time interval for the three highways that will maximize toll gate revenue per traffic cycle.
Which drivers of global marketing do you think are the most important in shaping marketing strategy: internal or external? Explain the reasons for your answer.
For decades, the Federal Trade Commission (FTC) resolved fair trade and advertising disputes through individual adjudications. In the 1960s, the FTC began promulgating rules that defined fair and unfair trade practices. What will the court examine to..
Evaluate corporate governance and the process that must be taken when a major problem or managerial crisis occurs. Assess the concept of corporate public policy and its relationship to strategic management. Describe corporate social performance repor..
Why are isoquants negatively-sloped?
Even though independent gasoline stations have been having a difficult time, Ian Langella has been thinking about starting his own independent gasoline station. Ian’s problem is to decide how large his station should be. The annual returns will depen..
For this reflection activity, pick five of the following seven questions to respond to with examples for each. These are foundational concepts that will help you be successful in this course. What is the relationship between careful observation and c..
Discuss two of the following statements then respond to at least two of your classmates’ postings. Define and explain the purpose of the Five Distributive Bargaining Negotiation Skills. Discuss the “Zone of Possible Agreement” (ZOPA) and why some exp..
Identify the International WWF's key stakeholders and map these stakeholders in terms of the power/interest grid
you decide to make the font size large enough so that a person with 20/40 vision will be able to read the letters displayed on the screen with your slides with 95% accuracy from 20 m away. What is the minimum width of the displayed letter strokes ..
Researchers studied the outcomes of appeals from 1998 through 2000 (Studdert and Gresenz, 2003; Gresenz and Studdert, 2004). The researchers abstracted information from 3,519 appeals lodged against two of the largest health maintenance organizations ..
Garden Variety Flower Shop uses 760 clay pots a month. The pots are purchased at $2 each. Annual carrying costs per pot are estimated to be 30 percent of cost, and ordering costs are $20 per order.
You are the project manager of a major IT project in Italy. You review your earned value report and you see that your CPI is .78. What does this mean to you? The project is slightly under budget
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