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A business center wants to lease a fax machine for customers to use. A regular fax machine leases for $18 per hour, and it takes a customer an average of 10 minutes (exponentially distributed) to complete a faxing job. An upgraded fax machine leases for $22 per hour, and it requires an average of 8 minutes to complete a faxing job. Customers arrive at the faxing machine at a rate of 4.2 per hour (Poisson distributed) and a customer’s time is valued at $10.00 per hour. Determine which fax machine the business center should lease to minimize the total cost.
Explain how the initiative you have selected for the organization might build on its strengths and/or address its weaknesses in supporting individuals and teams in a climate for creativity. Based on your observations and/or experience with the orga..
Explain how the invention of the telegraph revolutionized communication and set in motion the development of the mass media. Let’s say you want to launch a magazine exclusively for the students at Thomas Edison State College. What information could y..
Mark plans to open a barbeque restaurant. He can either open the business as a sole proprietorship or obtain a franchise for “Smokin’ Hot Bar-B-Q”. Compare and contrast the advantages and disadvantages of opening the business as a sole proprietorship..
Digital compression technology made it possible for MTV program across a global network. What other technological innovations have helped companies to think globally and act locally? Couldn't see answer requesting again
There will be more emerging countries in the global market. Countries like China and India are growing faster economically than other countries. China has recently become the second largest economy in the world. How do you see the change in the futur..
What type of strategy will you use to meet this demand? What impact will this strategy have on the production line? What are some of the advantages and disadvantages of making this shift?
Give two (2) reasons explaining why you think organizations have an advantage going global now as compared to twenty years ago. Explain whether or not you think organizations need to go global in order to stay competitive.
which internal parties and external parties must procurement consult with when considering whether to produce a product
Entering international markets has become a priority for many companies even in the US, which has a large domestic market? Is having a strategic alliance with foreign companies a better alternative to simply appointing distributors and dealers abroad..
Examine proximity-based wireless payments. How have they been used in the transportation arena. How are GPS and GIS related
A company needs to design their product with the customer’s in mind. In recent years there have been so many technological advances that many times the consumers have been forgotten when developing new products. Can you think of a product that failed..
To determine the standard working time for a special job, following observation data is collected
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