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A production operation is a single-channel, single-phase, unlimited-queue-length queuing system. Products arrive at the operation at an average rate of 30 per hour, and the present average production rate is 33 products per hour. Management wants products to be at the operation an average of only .1 hour. What is the new average production rate at the operation?
Since the “meltdown” of 2008, many large companies (such as IBM) have issued more debt (corporate bonds) and used the proceeds for research and development to develop new products/product lines. Identify a product for which "demand" is inherently ine..
What, in your opinion, are the most important communication skills an effective manager should have to be successful in a diverse work environment? Provide your rationale.
Assessments determining how you learn and respond to information are beneficial because they: can increase your self-knowledge. Determine your fixed intelligence. Provide the right answers about what is best for you. Provide teachers with the ability..
Suppose that I invite you over next Saturday to a catfish and hush dinner, and you agree to come. You arrive next Saturday, only to find I’ve left town. a. Do you have a contract action against me? b. Would it make any difference if we signed a contr..
Compose a safety policy statement for your current organization (or an organization for which you previously worked), following the guidelines in the course textbook. Be certain it is specific to the organization and not just a series of generic s..
Analysis of the key business forms and the key expenses it can be said that the decision taken has been taken considering each and every item of expenses and that there is proper control over the expenses and the overall management of the expenses..
Assume NASA is concerned about the reliability level of a new untested system for use on Mars. Based on past experience they believe there is a 75% chance that the system's reliability is Rl = 0.9, a 15% chance it is R2 = 0.75 and a 10% chance it is ..
Explain the "high-high" theory of leadership effectiveness. a. How strongly does research evidence support this theory?
Some of our daily meals contain spices that are not grown domestically. Globalization has allowed us as companies and consumers to get more variety of products for a better quality. As a company to get these spices and etc. that are not grown domesti..
A teller works at a rural bank. Customers arrive to complete their banking transactions on average one every 10 minutes; their arrivals follow a Poisson arrival process. Calculate the average utilization of the teller. How many customers are in the b..
The utilization of a machine is 50 percent. The machine has a design capacity of 70 units per hour and an effective capacity of 60 units per hour. Find the efficiency of the machine.
There is a big difference between what management people want their companies to be and what really happens there. Would you enumerate them and explain one of them in detail with appropriate example?
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