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A taxi company offers a service from the local airport to the train station. A taxi picks up a customer at a stand at the airport and delivers the customer to the railroad station. Then taking the same route, the taxi returns empty to the airport. Assume arrivals to the airport stand are Poisson with a mean of 9 customers per hour (there is no ride-sharing). Travel time to the train station is constant 15 minutes. Return time from the train station to the airport also takes 15 minutes. What is the minimum number of taxis needed so that the average waiting time for a customer at the airport stand is no more than 5 minutes?
Discuss the key factors that impact location decisions. As an example, if locating a facility in India, what location decisions would a fast-food chain have to consider as compared to the location decisions of a software company?
Research an article on Steve Jobs/Apple that discusses a communication incident, either positive or negative. For example, maybe your company recently implemented a new return policy, how was this communicated to team members or customers? Or maybe a..
Identify at least 20 risk events that could affect the objectives or outcomes of the project.
Banks are starting to track customers’ cell phone locations to combat credit-card fraud.
The management team at Gap is struggling to regain its premier position in retailing. As part of a focus group, you and your team have been asked to brainstorm ideas that will help turn around its fortunes. Form teams of four or five people. Discuss ..
“The process of making or doing something is ultimately more important than the final product.”
Determine the single most important or surprising thing you learned in COMPENSATION MANAGEMENT, as well as what made it so.
How do these issues impact contract negotiations and organizational performance?
Why do technologies often improve faster than customer requirements? What are the advantages and disadvantages to a firm of developing a technology beyond the current state of market needs?
What are examples of three vendors of backup and recovery systems? Compare and contrast the three systems and determine which one you would recommend if your were installing a backup and recovery system for a medium-sized business, with 3,500 employe..
"Strategic Entrepreneurship" Please responds to the following: Research one company that you believe is not exceptionally innovative, determine which single lesson would be most beneficial to the company you researched. Provide specific examples to s..
What is a triggering event? List a few triggering events that stimulate strategic changes.
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