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Consider an espresso stand with a single barista. Customers arrive at the stand at the rate of 30 per hour according to a Poisson distribution. Service times are exponentially distributed with a service rate of 40 customers per hour. a.) The average number of customers in the system (i.e., waiting and being served) is b.) The probability that the server is idle is
Discuss the importance of identifying norms within a team? Why is clear communication considered an essential element during team development? Provide an example when you were a team member and the lack of communication caused significant problems..
Teams have different needs, and people in organizations should be selected for a team to ensure diversity and expertise to fill various roles. Study the nine team roles and share one role you personally played in a team. How did it go? Be sure to ..
Select a goods-producing organization and a service-providing organization of your choice. Suggest ways each organization can make aggregate planning decisions
Compute the priorities for each pairwise comparison matrix. Determine the overall priority for the two investments, CCC and SRI. Which invest- ment is preferred based on yield and risk?
A computer store sells two models. The first is a laptop which costs $950 to produce, and a net book which cost $400 to produce. It is estimated that the average selling price of the laptop is $1200 minus $0.5 for each net book sold and minus $0.03 f..
In a final paper, respond to the questions below to demonstrate your overall knowledge of the materials studied throughout this course. Provide specific examples where applicable to illustrate your responses and validate best communications practi..
You are the manager of a project to improve billing process at your firm. The table below contains the data you will need to conduct a sales analysis of the project.
You are in charge of organizing a dinner-dance concert for a local charity. You have reserved a hall that will seat 30 couples and have hired a jazz combo. Develop a scope statement for this project that contains examples of all of the elements. Assu..
A firm has 1,500,000 in its common stock account and 1,000,000 in its paid in capital account. The firm issued 100,000 share of common stock. What was the original issue price if only one stock issue has ever been sold?
Discuss your strengths, weaknesses, opportunities, and threats (SWOT) analysis. Be sure to discuss how the selection of your social cause supports strengths and opportunities of your organization while helping your organization to overcome its wea..
What are the key drivers of Customer loyalty? How far these drivers help a company retain its Customers. What do you understand by the term Return on Investment (ROI)? What are the two main drivers of ROI
A group of three friends, all college roommates, started a sports goods retail business in a partnership 25 years ago, which grew to 125 stores spread across the eastern part of the United States. The partners are adamant. They have been doing this f..
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