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A cafeteria with self service has an arrival rate of 12/hour. The average time taken by a person to collect and eat his meal is 20 minutes. Assuming that the inter arrival times are exponentially distributed, how many seats must the cafeteria have to accommodate each customer wit probability 0.95.
Please answer with detail workings.
Implementing and executing a new or different strategy call for new resource allocations. research a recent article on a company that has revised its pattern of resource allocation and divisional budgets to support new strategic initiatives.
Flexlux, Inc. reports the following? information: Units produced 520 units Units sold 520 units Sales price ?$110 per unit Direct materials ?$40 per unit Direct labor ?$25 per unit Variable manufacturing overhead ?$30 per unit Fixed manufacturing ove..
Explain the relationship between a specific purpose and a thesis statement. Can they be the same? Why or why not? Write an example of a specific purpose statement. Now, write a corresponding thesis statement (use different wording for the two).
You have been asked to evaluate whether your organization's current pay structure makes sense in view of what competing organizations are paying. How would you determine what organizations to compare your organization with? Why might your organizatio..
Instar holds bonds issued by Dorsel Corp. The bonds have an amortized cost of $320,000 and their fair value at December 31, 2014 is $400,000. Instar intends to hold the bonds until they mature on December 31, 2022. Briefly explain the different ratio..
The cycle time is determined to be 1.5 minutes. how would the line be balanced by choosing the assignable task hang the longest task time first?
Which of these is not listed in the text as helpful in developing your organizational political skills? By definition, managers can have position power or both position and personal power. Explaining how the other party will benefit by meeting an obj..
Burger Prince buys top-grade ground beef for $1.00 per pound. A large sign over the entrance guarantees that the meat is fresh daily. Any leftover meat is sold to the local high school cafeteria for 80 cents per pound. What daily order quantity is op..
Do you think CMG is a successful company. Defend your stance with research application. How do CMG's resources support the company's competitive position
Discuss the idea of a “disruptive” market innovation and strategy and provide examples. How can you provide leadership within an organization that can lead to product or go-to-market innovation? Please provide examples. Can a disruptive strategy work..
1. Critically assess the mission, goals and importance of Information Systems Management (ISM) in the firm, using your own work organization as an example.
Choose a business whose strategy is familiar to you. What do you believe are the key premises of the business's strategy? Based upon the key indicators, also known as KPI, which would you choose to monitor and why. How would this help this busines..
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