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Due to a recent increase in business, a law firm secretary must now word-process an average of 20 letters a day (assume a Poisson distribution). It takes him approximately 20 minutes to type each letter (assume an exponential distribution). Assuming the secretary works 8 hours a day:
Assume a second secretary is hired that type at the same rate as the first one.
What is the probability that there are no letters to be typed?
What is the utilization rate for each category?
Assume the secretary’s salary is $20 per hour, and cost of having letters on the secretary’s desk (waiting to be typed) is $15 per hour. Recommend a course of action to the manager of this law firm
Plaintiff, Heath Benjamin (Benjamin), found more than $18,000 in currency inside the wing of an airplane. At the time of this discovery, State Central Bank (State) owned the plane and it was being serviced by Lindner Aviation, Inc. (Lindner). Benjami..
If you are 35, want to retire in 30 years and be able to withdraw $50,000.00 for each year in retirement, and expect to live to age 85, how much do you need to invest at 9.5% each year(to the nearest dollar)(5 points)?
What are the relationships between perceptions, attitudes, behaviors, and job performance. Why are unions exploring new collaboration solutions in the face of economic/work adversity
Determine two time periods / major events in which the perceived meanings of terrorism at those times were most closely related. Provide a rationale to support your choices.
Apply theories, models, and practices of global operations management to address business problems. Integrate operations management analyses into general business management planning and decision making.
The solution does a great job of answering the question. The solution is brief and very easy to follow along. All the steps are clearly shown. It can be easily understood by anyone with basic understanding of topic.
Ethical behaior is a corporate issue that affects the company's bottom line. How do ethichal issues impact organizations and operations? Include an example seen in the workplace, in the news, etc. that relates to real-life situations
What alternative solutions should be considered in solving this problem? How did you arrive at these alternatives?4. What are the advantages and disadvantages of these alternatives? Quantify where possible.
Linear Regression is a useful method if you want to be able to predict one variable based on knowledge of another. Discuss other prediction methods that might be useful.
What are the major current federal immigration policy issues. How do you feel about related policies
Discuss the main provisions of the Family and Medical Leave Act (FMLA). Explain the implications of FMLA for a family.
Select an organization that either has or is experiencing challenges with its compensation and benefit system. The student will provide a brief historical view of the organization.
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