Problem regarding the business perspective

Assignment Help Management Theories
Reference no: EM13967887

Hector's Department store has decided to add a second checkout register. This second register works at the same average speed as the first. Customer arrivals are the same as before.

a. On average, how many customers will be waiting to be checked out? From a business perspective, is this reasonable?

b. How long, on average, will customers have to wait before the clerk starts serving them? Again, is this a reasonable time?

Reference no: EM13967887

Questions Cloud

Discuss possible strategies for converting their old system : You are preparing to meet with your end users to discuss possible strategies for converting their old ERP system to a new one. Propose two (2) or three (3) alternative strategies, and explore related examples of situations for which each approach ..
Identify the component-wise minimum power vector : Sketch examples of sets of feasible power vectors. Give one example where the feasible set is non-empty and give one example where the feasible set is empty. For the case where the feasible set is non-empty, identify the component-wise minimum pow..
Write taylor polynomial approximations : Write Taylor polynomial approximations PN(h) of f(a+h) as a function of h, for small h, and state a formula for the error f(a+h)-PN(h)
What is its importance in real-based applications : Do you think that there is a need for classifying individual parts of a network? What is its importance in real-based applications? How can information asset security be enhanced by control techniques
Problem regarding the business perspective : a. On average, how many customers will be waiting to be checked out? From a business perspective, is this reasonable? b. How long, on average, will customers have to wait before the clerk starts serving them? Again, is this a reasonable time?
Explain why there are no points on the graph : Explain why there are no points on the graph in the third quadrant. That is, based on the equation x^(2)y+xy^(2)=1, explain why the graph contains the points that it does
Describe your audience purpose and context : Identify the narrative you wish to construct with the data. For example, pulling from World Bank data you could compare life expectancy rates for two nations in order to make a claim. Or, pulling from Acclaimed Music, you could show the rise and f..
Waiting during peak time periods : On average, how many planes will be waiting during peak time periods? How many will be in the system (waiting and on the runway)? How long, on average, will a plane have to wait before it is allowed to take off?
Problem regarding the poisson distribution : Parts arrive at an automated machining center at the rate of 100 per hour, based on a Poisson distribution. The machining center is able to process these parts at a fixed rate of 150 per hour. That is, each part will take exactly 60/150 = 0.4 minu..

Reviews

Write a Review

Management Theories Questions & Answers

  The configuration management system

The configuration management system (CMS) is composed of four separate layers. Which of these is the correct identification of those layers

  A single global currency to exist

Explain how inflation and nationalism make it impossible for a single global currency to exist.

  Product life cycle

Using the Product Life Cycle concept as an organizing framework, demonstrate what happened to that product or service and why it ended in 'elimination'.

  Consumer organizations such as environmental and minority

Consumer organizations such as environmental and minority groups that may questions a company's marketing decisions are referred to as local publics.

  Ethics and entrepreneurship

Ethics and Entrepreneurship

  How have you communicated

How have you communicated when you found you could not incorporate their ideas or address their concerns?

  Results in light of the problem or issue under study

Optimal solutions are determined when a researcher has a thorough understanding of a company and its industry, along with the strengths and weaknesses that impact its future viability. In the second part of your plan, perform a SWOT Analysis (Strengt..

  Define lead, lag, and match strategy for capacity planning

Recommend a better strategy for the Manychip's production strategy, outlining the advantages of your proposal. Should they change from the lead strategy or not?

  Constitutional rights guaranteed in the bill of rights

The constitutional rights guaranteed in the Bill of Rights are most highly protected during the trial stage of a criminal proceeding. This is when the adversarial process, which characterizes the U.S. criminal justice process

  How much would you expect the premium to be

If the insurance company uses expected value to calculate premiums, how much would you expect the premium to be, assuming the insurance company adds on $300 for handling and profit? What is the value of this policy to your organization?

  How role overload and role underload can be problematic

Give examples of how role overload and role underload can be problematic

  Question 1a what do you understand by the term outsourcingb

question 1a what do you understand by the term outsourcing?b outsourcing services can be categorized into two groups

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd