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Q. In a waiting line situation, arrivals occur around the clock at a rate of six per day also the service occurs at one every three hrs. Assume the Poisson also exponential distributions. a. Illustrate what is Lalsoa? b. Illustrate what is m (Mou)? c. Find out probability of no units in the system. d. Find out average number of units in the system. e. Find out average time in the waiting line. f. Find out average time in the system. g. Find out probability which there is one person waiting. h. Find out probability an arrival will have to wait.
A consultant has estimated the net present value of Theme Park's 2 alternatives under each state of nature of the planning board's decision as shown below.
This was expected to cost a total of $8,501,000. To date they have spent $5,001,000 on the superstructure. Computes the schedule variance, schedule performance index also cost performance index for the project to date.
Why should decision makers who're primarily concerned with the marketing or finance or production know about linear programming?
Propose a linear programming model which can be used to find out the optimal production schedule that will best achieve the goals of Richland Manufacturing Company.
Explain the basis for the persuasiveness of these tactics and provide instance of explain how these tactics could be improved. Describe which groups of people are most susceptible to the tactics you analyze.
Evaluate characteristics of new workplace. Assume you are a manager with over 20 years of experience. Illustrate what challenges have you faced as required competencies have changed.
As far as PAC is concerned, illustrate what is a constraint. Explain why is it important to be able to classify a constraint in first place.
Select one of the six steps for the blueprint for process analysis and describe how you would analyze a process. The process can be for school, work, home project etc.
Develop an inventory management model for HP in Europe. Assume that the Vancouver plant is still producing the 6 models already in Europe. Explain your rationale for such model.
Apply critical path method and probability analysis to the case study. Identify critical activity and critical path and find the minimum project completion time.
Ted is thinking about offering 25 of his largest customer's opportunity to tie into his system directly from their offices. Elucidate what profit would this offer to customers also Peerless. Elucidate what problems might it pose.
ABC Corporation sells large industrial machines which have an inventory value of Php 1.5 million every. The Corporation expects to order 500 machines during the next calendar year.
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