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Customers arrive at the lobby of the exclusive and expensive Ritz Hotel at the rate of 40 per hour (Poisson distributed) to check in. The hotel normally has three clerks available at the desk to check guests in. The average time for a clerk to check in a guest is four minutes (exponentially distributed). Clerks at the Regency are paid $12 per hour and the hotel assigns a goodwill cost of $2 per minute for the time a guest must wait in line.
How many clerks should the hotel employ for the check-in system to be cost effective?
Examine Supply Chain of any cocoa Processing Business discussing Challenges and outline strategic directions to make it more competitive.
How are the situations for Ford and Google companies similar and different? What do you learn about strategy formulation from this comparison?
Illustrate what steps/actions would an organization take to decide whether the transportation activity has the appropriate internal competencies to achieve competitive advantage.
Describe two or three steps which Richard also Renee could take to avoid these stumbling blocks also guide their new business to success.
illustrate at what center of gravity coordinates should the new store be located. Census tracts 103 and 105 are each projected to grow by 20% in the next year. Explain how will this influence the new store's coordinates.
A large scale pharmaceutical manufacturing company estimates, based on a shipping fee of $1000 per order, that they can optimally balance inventory holding costs and shipping costs for one of their frequently used chemicals if they receive shipments ..
Estimated demand for gold-filled lockets at Sam's Bargain Jewelry and Housewares is 2,800 lockets a year. Manager Veronica Winters has indicated that ordering cost is $40.
Four-step process for setting a price on a product, and using 2,000 custom-printed t- shirts as your product (at a cost of $12.25 each to produce), calculate the price you would use to sell the product and your profit after selling your entire invent..
What lies are present in the "tangled webs" considered here? How were they used? How were they justified by those who they executed them? Who was harmed by them? Which lies were most harmful?
The previous manager used a transactional leadership approach, which has been relatively ineffective. Evaluate one leadership style and describe which you would take.
explain how Pepsi cola benefits from being socially responsible, either financially or in some other way. Explain how you think Pepsi cola might be harmed
ABC Co manufactures a subcomponent at the rate of 400 per day when required. Its annual demand for this item is 50000 unites. Assume 250 working days per year.
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