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The ticket booth on the Tech campus is operated by one person, who is selling tickets for the annual Tech versus State football game on Saturday. The ticket seller can serve an average of 12 customers per hour (Poisson distributed); on average, 8 customers arrive to purchase tickets each hour (Poisson distributed). Determine the average time a ticket buyer must wait and the portion of time the ticket seller is busy.
As you read through the experience that Swartz had in constructing business correspondence in his situation with Timberland, consider three concepts from chapters 1, 2, and 3 from your textbook, Business Communication for Success that he applied
The purchasing manager for the Pacific Steel Company must determine a policy for ordering coal to operate 12 converters. Each converter requires exactly 5 tons of coal per day to operate, and the firm operates 360 days per year. Determine the optimal..
The "triple constraint" in project management is traditionally time, resources and scope. Provide an example of a project you have been involved with that had limited resources. What types of resource constraints affected the project
What are the three basic types of cost estimating? Describe each type
Draw an Activity-on-Node Diagram, identify project duration and project critical path for the following:
he found that the first unit took 2,000 labor hours, the second took 1,800 labor hours, and the third took 1692 hours. In a contract for 3 more units, how many labor hours should Simpson Plan for?
Evaluate Union and Confederate strategies during the Civil War
Under what conditions are customer-centric structures appropriate and what challenges does this type of organization structure face and why?
If clerks represent a cost of $20 per hour and mechanics a cost of $30 per hour, what number of clerks would be optimal in terms of minimizing total cost?
To get started on your investigation into the international business community in conjunction with the various legal ramifications and laws, identify the two primary categories of law: the common and civil law systems.
The manager of a small health clinic would like to use exponential smoothing to forecast demand for laboratory services in the facility. However, she is not sure whether to use a high or low value of. To make her decision, she would like to compare t..
a 700- to 1050-word response to the following questions bull how would you identify and characterize the roles of
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