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Benny's Arcade has four video game machines. The average time between machine failures is 50 hours. Jimmy, the maintenance engineer, can repair a machine in 20 hours on average. The machines have an exponential failure distribution, and Jimmy has an exponential service-time distribution.
a.Jimmy's utilization is?
b. What is the average number of machines out of? service, that? is, waiting to be repaired or being? repaired?
c. What is the average time a machine is out of? service?
Which of the following has NOT been a criticism of the Supreme Court’s decision in Citizens United v. Federal Election Commission?
Assess if maintenance has any impact on overall reliability. Study and analyze the relationships between reliability and scheduled maintenance.
In 2002, Michael Sabol, doing business in the recording industry as Sound Farm Productions, applied to Morton Community Bank in Bloomington, Illinois, for a $58,000 loan to expand his business. Besides the loan application, Sabol signed a promissory ..
Describe elements which can commonly cause uncertainty in the cash budget for an enterprise and the rationale for each. If you are the CFO of a company, what techniques would you use to cope with this uncertainty? How might this change in a very larg..
What is groupthink? Why can groupthink be detrimental to effective group functioning?
If business is expected to improve in one year, are layoffs financially justified? What costs are incurred in a layoff that are difficult to estimate in monetary terms?
State the average time that a customer who only goes to see the cashier spends in the bank including their time waiting. d. What is the average number of customers in the bank?
Which of the following responsibilities do human resource managers fulfill in their role as employee advocates?
You were required to describe the components of your current employer's supply chain or that of another company that you were familiar with. Using that supply chain as a basis, discuss where the supply chain adds value. You do not need to submit a fl..
Briefly describe the business processes supported by a Supply Chain Management (SCM) information system. In a global business like Emerson what are the advantages and disadvantages of using a SCM information system
The manager would prefer ordering 10 times each month but would have to justify any change in order size. One possibility is to simplify order processing to reduce the ordering cost. What ordering cost would enable the manager to justify ordering ..
A computer manufacturer currently has a 15 percent customer defection rate. Their accounting department estimates the incremental contribution to profit and overhead as 30 percent. Determine the increase in the average value of a loyal customer if ..
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