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Mr. Chips manufactures an automated vending machine that can prepare a single order of french fries in an average of 40 seconds. The company has placed one of its machines in the Student Center, where it believes customers will arrive according to a Poisson process with a mean rate of 1 per minute. (i) Mr. Chips is considering placing a second french-fry vending machine in the Student Center. Given the current vending machine service level, would it be worthwhile for Mr. Chips to do this? Justify your answer quantitatively.
internet domain names are linked to trademark issues. Technology makes it easy to copy and distribute musiceand movies without paying royalties. Business conducted on the internet raise security and privacy issues. What legal concerns are raised b..
What are Meditech's problems in introducing new products? In manufacturing ALL products?
management and organizational environments please respond to the followingmiddot compare and contrast the theories of
Seller wrote a general circular to ten buyers asking, “Do you want to buy 240 good 1,000-pound cattle at $8.25? Must be sold by Friday. Phone me at Wichita, Kansas. “One buyer faxes an immediate acceptance for all 240 cattle. Is there a contract? Why..
Research and describe a business that currently using Six Sigma. Explain how the organization is using Six Sigma, and why
For the data below, perform a simple moving average forecase of period n=2. Calculate the three performance measures: bias, MAD, and MSE.
Custom Computers, Inc. assembles custom home computer systems. The heat sinks needed are bought for $12 each and are ordered in quantities of 1300 units. What is the number of orders placed per year under the economic order quantity policy? What is t..
What amount of money needs to be deposited annually into a fund (where income earned is not taxed until retirement) to age 65 to accumulate $1,000,000 in 40 years at 10% interest per year?
A vital part of almost every report contains statements concerning its problem. Evaluate and explain the significance of report problems whose introductions could require coverage of methods of collecting data, historical background, and limitations.
Oscar and Olaf are teachers with a total of 108 exams to grade. They have three days to complete the task. Oscar has 12 hours available and Olaf has 10 hours available to do the first pass of grading on the exams. How many TEEs should Oscar and Olaf ..
One of the commonly held myths about affirmative action is
Burger Doodle is a fast-food restaurant that processes an average of 680 food orders each day. The average cost of each order is $6.15. Four percent of the orders are incorrect, and only 10% of the defective orders can be corrected with additional fo..
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