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At the bank teller's window, arrivals and service times are randomly distributed (Poisson and exponential distributions, respectively). There is only one teller at the window. If the arrival rate is 10 customers per hour, and the service rate is 14 customers per hour, what is the utilization of the teller, as a percentage? (It is a single channel, single server, single phase, unlimited waiting space model).
Explore what factors have enabled it to survive. What changes can it implement to ensure its continued existence
One benefit (or drawback) of the Web is that it is global. Therefore, what may be legal in one country may be illegal in another. What are your thoughts on selling pharmaceuticals online? How about firearms? Child pornography? Most importantly, how w..
A mail order house uses 18,000 boxes a year. Carrying costs are 60 cents per box a year, and ordering costs are $96. The table below shows the quantity discount ranges available to the company. If the company takes advantage of quantity discount, wha..
What are your thoughts on this? What are the parameters and the potential implications for failure to adhere to those parameters?
There are 20 forging presses in the forge shop of a small company. The shop produces batches of forgings requiring a setup time of 3.0 hours for each production batch. Average standard time for each part in a batch is 45 seconds, and there are an ave..
Suppose a bank has one teller. Customers arrive at the rate of 10 per hour (assume Poisson arrivals), and on the average it takes 5 minutes to serve a customer (assume exponential service times). The average number of customers waiting in system is 5..
A leader is someone who is in control of other people, and in today's culture this person often leads with command and control. Personality development occurs to a certain extent through life, but the greatest changes occur in early adulthood.
Post a brief story about a negotiation in which you participated or share one from current events (e.g international relations, sports or business). role as a business analyst.
The Canadian Motorcycle Company (CMC) has determined that its customers are very price-sensitive, with the number of motorcycles purchased heavily dependent upon the prices set. The company makes two different styles of bike: the high-end Jet and the..
Marathon Branding Approach. How do leading organizations create compelling brands and connect through experiences?
Why do you suppose we tend to believe nonverbal cues, even when they contradict what a person is saying?
Will you do a background investigation on applicants to minimize concerns about negligent hiring? If so, what type(s)? If not, why not?
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