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A public health agency in Venezuela is providing free polio vaccines. Patient arrivals seem to be random throughout the day, with an average of 288 per day. The public health nurse can provide up to 360 doses per day. The clinic is open 6 hours a day, but it gives doses to all persons waiting at closing time. a. How large should its waiting area be? What service parameter would need to be defined to determine this? Explain your answer. b. Assume that the service time is not actually random. In fact, the service always takes exactly 1 minute. What is your new answer to part (a)? c. Criticize your answer to part (a) from the point of view of the steady-state assumption.
Describe the ways in which international business has changed over the last 50 years. Include the concepts of an MNC and the different types of foreign investment. Be specific. Give examples.
In the United States, under what rule or doctrine may targets take antitakeover actions that are reasonable and proportional to perceived threats to shareholder interests?
A population of 10 cargo aircraft each produces a profit of $4,000 per 24-hour period when not waiting to be unloaded. The time between arrivals is distributed exponentially with a mean of 144 hours. The unloading time at the ramp is distributed expo..
How high would the inventory holding rate have to be in order to justify next day air service? Which transportation mode (air or ground) minimizes the total shipping and transit inventory cost?
Allen Young has always been proud of his personal investment strategies and has done very well over the past several years. He invests primarily in the stock market.
Examine arbitration as a quasi judicial process in which parties agree to submit unresolved disputes to a neutral third party for binding settlement.
You are planning to begin a new business providing legal consulting services to the technology industry. Name and describe five potential challenges to starting this new business.
How do ERP and CRM help a company. What are the drawbacks to setting up those different types of systems in a business. What direct effects do these systems have on customers.
A manufacturing shop is designed to operate most efficiently at an output of 550 units per day. In the past month the plant produced 490 units. What was its capacity utilization rate last month?
Describe a situation in which you were part of a formal work group and one of the members of the group did not contribute much work to the project. How did the other group members deal with this person? How did this person's behavior affect the at..
Explain the concept of the focused factory. Why is this concept considered important in Operations Management?
Imagine that you work for an organization that uses the accounting worksheet for internal purposes only. Speculate on the main reasons why management would use the accounting worksheet for internal purposes only. Recommend to management reasons why t..
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