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An immigration agent Manila International Airport in the Philippines on the average could process 120 entrants during an 8-hour shift, if he was busy all the time. The number of arrivals is based on Poisson distribution and the time to process each entrant is a random variable with an exponential distribution. On the average, an entrant arrives at his station once every six minutes. Assume a single server waiting line system and determine the expected number of entrants in the system.
a. 4.012 entrants
b. 3.344 entrants
c. 5.012 entrants
d. 2.012 entrants
e. 1.344 entrants
What are the triple constraints? What key elements are interrelated? What happens if one of the elements changes?
Business question: Project Management - explain what is included, as well as what is excluded.
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Your company has an average annual inventory of $70 million. Its annual cost of goods sold (COGS) is $560 million. Order costs are $195 per order
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