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A grocery store has three check-out counters. The average service rate for each check-out counter is 25 customers per hour. The average arrival rate is 60 customers per hour. Assuming it is a multiple-server waiting line model; determine the average number of customers waiting for a check-out counter and the average time a customer must wait for a check-out counter. What is the probability that there will be less than or equal to 4 customers in the system?
Note: Use QM for Windows to answer this question.
Garden Variety Flower Shop uses 890 clay pots a month. The pots are purchased at $3.70 each. Annual carrying costs per pot are estimated to be 50 percent of cost, and ordering costs are $30 per order. The manager has been using an order size of 1,000..
Does it matter whether we are talking about a strike fund held by a steel workers' union to pay benefits to its members during a strike, versus a fund used by a not-for-profit as a safety reserve in case its workers go on strike?
How does the frequency of mergers and acquisitions influence HR planning? In this unit, HR as a strategic partner has been emphasized. However, the functions of the HR department are increasingly outsourced. Is this a contradiction?
•As outlined in the textbook, there are five stages to the event planning process. Utilizing this five-stage process, develop a faux special event to be held in a location of your choice.
What is a micropayment and why is it beneficial to consuemrs and businesses that mobilie payment systems can process these types of transactions
Your bar uses 5,000 quarts of wine each year and is open 50 weeks a year. The wine costs $3 per bottle, each time you order it costs $10 and holding costs are 20% of the purchase price of a bottle. If the standard deviation of use is 30 bottles per w..
When considering all the factors of providing bar service in a restaurant, determine which is the single most important. Explain your reasoning.
Your state's promised pension payments amount to $10 billion annually, and you expect this obligation to grow at 2% per year. You determine that the riskiness of this obligation is the same as the riskiness of the state's debt.
Twelve containers are authorized for the part. Recall which p-bar is the average processing time per container not per individual part. Find out the value of the policy variable, α, which expresses the amount of implied safety stock in the system.
Instead of worrying about job satisfaction, companies should be trying to create environments where performance is enabled. What do you think this statement means? Explain. What is your reaction to this statement?
Organizational growth and environmental complexities push organizations toward: Organizational size, technology, and external environment are: Mechanistic structures are better than organic structures for:
What conditions have allowed some firms to be born global?
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