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A retail shop experiences stable demand all afternoon on Saturdays. During this period the shop has 3 open cash registers located in a unique check-out area, each requiring an average of 4 minutes to serve a customer. This activity time is subject to unpredictable variability however, and specifically has a coefficient of variation of 0.8. On average a customer arrives to the check-out area every two 2 minutes, but this inter-arrival time is also subject to unpredictable variability with a coefficient of variation equal to 1.
In the case of separate dedicated waiting lines, what is the average number of customers waiting in each queue?
Name the five types of customer-introduced variability and discuss options that let companies offer a high level of accommodation at low cost or reduced variability without damaging the service experience. Provide your rationale and at least one s..
Explain how you would conduct an external strategic audit and PESTEL analysis for your firm (or a firm that you are familiar with). As a business leader, explain how you would organize a strategic external information scanning system for your firm. W..
The Soft Toys Company has collected information on fixed and variable costs for three potential plant locations. Plot the total cost curves for the four plant locations on a single graph. Compute the range of demand for which each location has a cos..
Human resources are people who in the job company use their skills and abilities to help with the production of output. They have skills or knowledge that not just any one would have. So in the company or job market they make more money then others.
Which of the following questions is not one of the elements of the test set out in Crimmins v Stevedoring for determining when a stat auth owes a duty of care to take action? (A) Was the P able to adequately safeguard themselves?
You're an IKEA store manager, and corporate headquarters has instructed you to change the layout of your store. The change must be "dramatic," but the details are up to you.
Describe the role of managerial accounting in your current or former place of business. If you have not been employed by a company that uses managerial accounting, choose a well-known company and describe how managers of that company might use manage..
From your experience or reading, select an example of an issue that arose from a requirements change after project initiation. How was it handled? Did it create issues with the project team? Did it effect the project timeline or resources? Should it ..
Discuss different types of cultural adaptations. Discuss different types of political threats. Discuss ways of minimizing political threats.
What are the benefits and drawbacks of the agile software project approach and when should you consider using such an approach and when should you choose not to?
Many laws, court decisions, and EOs have had a profound effect on the composition of the workforce. It is highly likely that out economy would have ground to a haldt without these additional workers. How might the demographic composition of your clas..
A bank in a small town is concerned with the perception of its employees by customers and others in the community. Branch managers are responsible for both the running of the branches and building community relationships.
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