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The Solomon Law Firm produces many legal documents that must be typed for clients and the firm. Requests average 8 pages of documents per hour, and they arrive according to a Poisson distribution. The secretary can type 10 pages per hour on average according to an exponential distribution. a) What is the average capacity utilization of the secretary? b) What is the probability that more than 4 pages are waiting or being typed? c) What is the average number of pages waiting to be typed?
Find the average inventory in the WHOLE production process when it is in a production run. (ii) Identify the stages before which jobs might have to wait and calculate the average waiting time before each of the stage.
Name two foreign markets in which a household appliance manufacturer would be interested in investing also two markets in which it would have no interest in investing. Illustrate what are the advantages also disadvantages of direct investment in a ..
A local supermarkets management is interested in understanding what the supermarkets image is in a particular market. Cashiers drop a short questionnaire into the grocery bag of each customer who makes a purchase.
productivity was down 36% in 2014 while labor costs fell 20%. What was the change in output?
The lead time for paper delivery is normally distributed with a mean of 4 days and a standard deviation of 1 day. A 97% service level is expected. Compute First's ROP.
Sturbucks sells coffee in more than 62 countries, with more than 19,000 stores world wide... and it will open up to 50 coffee shops, starting in 2014 in Colombia, country ranked #4 in the world in coffee production and Starbucks being the main buy..
Why are databases important to business? How do databases generate sales and-or profits? What databases do you interact with, and how do they benefit you?
The Grand Valley Company, run by the J. Motwani family, produces two products: bed mattresses and box springs. A prior contract requires that the firm produce at least 30 mattresses or box springs
llustrate what are reasons for formulating also implementing an operations strategy. Describe a possible mission for operations also some associated strategies which fit subsequent business situations.
How do you appraise Filene's Basement's expansion strategy? Comment on the concept, the choice of regions for expansion, and the number of stores.
Discuss ways that economists could use the Phillip's curve to create better economic policy than we currently have. Explain your rationale.
Charles Lackey operates a bakery in Idaho Falls, Idaho. Currently, the bakery has 4 employees, each one working 160 hours per month. Because of its excellent product and excellent location, demand has increased by 30% in the last year.
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