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Between the hours of one and three in the afternoon, customers arrive at the Central National Bank Office at an average rate of 2 per minute, Poisson distributed. It will take a teller an average of 45 seconds to process a single customer, following Exponential distribution. How many tellers are required to have an average time in line (before service) of no more than 30 seconds per customer?
The mean lifetime of all light bulbs produced by a manufacturer is unknown. A sample of 144 bulbs is randomly selected and tested. The average lifetime of this group is measured and found to be 1500 hours with a sample standard deviation of 1..
Illustrate what does it mean to take a systems view of a project. Elucidate how does taking a systems view of a project apply to project management.
Suppose the firm decides for convenience to have polystyrene delivered every other day. What will the batch size be and how much will this cause the total (holding plus ordering) cost to increase?
Why do you think a project needs a champion? Do you believe that being a project champion might be the path to senior management in today's business world? Defend your answer.
You're a manager in Japan, and you've just discovered that a team leader under your supervision has made a mistake that will result in a quality problem. How will you handle this mistake?
Judith Thompson is the manager of the student center cafeteria. She is introducing pizza as a menu item. The pizza is ordered frozen from a local pizza establishment and baked at the cafeteria
In what kind of industries does a localization strategy make sense? When does a global standardization strategy make most sense?
You have just been notified by the Student Aid and Scholarships Office that you would receive a regent's scholarship of $2000 for the coming academic year.
What can you achieve by applying the concept of a Balanced Scorecard to your personal situation? What are key characteristics of effective objectives?
Apply the industrial organization model and the resource-based models to determine how Apple corporation could earn above average returns.
Explain the concept of order qualifier and order winners. If you were a marketing manager why would you need to understand these concepts?
A re-organization will require that some employees are provided severance packages while other reassigned. Illustrate what interpersonal managerial roles developed by Mintzberg will a manager confronted with this employ
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