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A toll tunnel has decided to experiment with the use of a debit card for the collection of tolls. Initially, only one lane will be used. Cars are estimated to arrive at this experimental lane at the rate of 600 per hour. It will take exactly 5.0 seconds to verify the debit card.
a. In how much time would you expect the customer to wait in line, pay with the debit card, and leave? (Round your intermediate calculations to 3 decimal places and final answer to 1 decimal place.)
Average total time seconds
b. How many cars would you expect to see in the system? (Round your intermediate calculations to 3 decimal places and final answer to 2 decimal places.)
Average number in system cars
This week we will be discussing a real-world, live example of accounting ethics. The organization where I am employed is undergoing their audit. Today was the first day of their field work. Of course, the auditors look younger and younger each year; ..
You have seen how culture can affect management. Apart from being aware of this, what else do you think is needed to perform successfully in a cross-cultural context?
Describe and illustrate one of the three portfolio approaches. Explain why a business would choose a low cost, differentiation, or speed-based strategy.
What is the benefit cost ratio for the project?
Sound Systems will embark on a companywide cost control program in an attempt to improve its profits. One of the areas to be scrutinized closely for possible cost savings is inventory procurement.
During a disaster (natural, technological, or manmade) the Governor may ask for assistance from the President. If the President does arrive to do a sight visit himself, would this have a positive or negative impact on the already occurring disaster? ..
Explains the following terms and, where relevant, how they related. Implied demand uncertainty, Supply uncertainty, Implied uncertainty, Supply chain responsiveness.
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Gadgetbug Inc. is a popular smartphone manufacturer that has several competitors. The company places a lot of emphasis on innovation to ensure that its products have the best features. Moreover, the company frequently upgrades its products so that th..
Consider three items with the following profiles in a warehouse: (Items, Annual Demand (units), Annual Requests, Unit Cube (ft3)), (X, 200, 20, 1), (Y, 100, 15, 0.5), (Z, 300, 10 , 2). What is the total demand in cube for all three items?
Highlight 3-5 key risks in the supply chain of Ford the automobile company. How would you mitigate these risks?
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