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Suppose that a single-server queuing system fits all the assumptions of the birth-and-death process except that customers always arrive in pairs. The mean arrival rate is 2 pairs per hour (4 customers per hour), and the mean service (when the server is busy) is 5 customers per hour.
a) Construct the rate diagram for this queuing system.
b) Develop the balance equations.
During a “hard” insurance market, a manufacturing company decided to self-insure its workers compensation loss exposure. The company hired a third party (TPA) to administer the workers compensation claims. Even though the risk was being self-insured,..
Briefly describe each theory, including its history, foundation, model, and application. Discuss the strengths and weaknesses of each theory.
A recent engineering graduate intends to purchase a new car. He plans to pay $2000 down and to finance the balance over a 4 year period. The maximum amount that he can repay each month is $200. What is the most expensive car that he can afford, assum..
Assuming that Doog's operates a single shift for 1,800 hours per year, calculate the required capacity. The processing time per unit, setup time per lot, the annual demand, and lot size are given in the table.
If the replenishment lead time in 10.6 months, what is the re-order level based on the on-hand inventory?
Briefly explain the difference between a hypothetical and a categorical imperative.
illustrate what retailer will give it also product will be offered at a competitive price. Assume new diaper's name will not be associated with or known products.
What is a strategic group? How can studying such groups be useful in industry analysis?
A company can produce a product 50/day. The demand however is only 20 per day. The manager decides lot size of 1,000 units. The set up cost is $50 and holding cost is $12/unit per year. What will be the average inventory holding cost?
Why is it that the legal system is/was "going after" all of the top executives of these major corporations that were caught involved in illegal activity.
Formulate a new operations strategy for the selected organization based on the four competitive priorities (i.e., cost, quality, time, and flexibility).
Write an awareness objective for a newly formed adolescent chemical dependency program whose target market consists of judges and social workers who refer to the facility. How would this objective change for the trial level of the hierarchy of effect..
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