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A fast food restaurant currently has 2 cashiers. Upon arrival, customers form a single line and place their food order at the next available register. Assume that customers arrive at the rate of 35 per hour. It takes an average of 3 minutes to place and process each customer's order. Assume that the arrival rate follows a Poisson distribution and service time follows an exponential distribution. To determine the efficiency of operations, the cafeteria manager wishes to examine several queue operating characteristics. Based upon the analysis, the manager believes that if the average waiting time per customer in the system is greater than 8 minutes, then a request for an additional employee should be made. Should the manager make a request to hire an additional employee?.
A company is considering producing an item that can be sold for $380 per unit. The fixed costs for setting up production are $225,000 and the variable cost per unit for the item using current materials is estimated to be $350. If the company is able ..
So you have implemented teams and the project is now complete at your workplace. As the team leader, what factors need to be considered to determine if the project/task was "successful"? Furthermore, how do you determine the "proper way" to evaluate ..
Is the "heavyweight" project teams an approach that you would recommend to Lilly for commercialization of the Evista product?
Write a reflection paper (2 - 3 pages, double-spaced) that synthesizes, relative to the theme, concepts from the assignments, readings, outside/additional readings and your own experiences (with citations and reference list in APA format). Topics ..
This activity assignment will involve a written presentation concerning the impact of a factor that often influences productivity and competitiveness. Reasons why productivity is important are numerous. Although productivity increases can have a nega..
A Chemist plans to investigate the effects of four types of catalyst (???) and three types of reagents (??) on the rate of a chemical reaction. Suppose that the amount of each type of catalyst and reagent, if decided to add, is fixed. Also, at most o..
"What is the market value of equity if the FCFE is projected to grow at 5% indefinitely and the cost of equity is 8%?" Enter your answer in millions.
Prepare a statement of realization and liquidation for the period just described. What percentage of their claims should the unsecured creditors receive?
1. Which of the following is an input file necessary to run an MRP program? 2. Which of the following is a perpetual system for inventory management?
How many observations would be needed to estimate the mean time for element C to within 0.10 minutes of its actual value with a confidence of 90percent? The following data were obtained by observing a three step
A manager's responsibility is to coordinate resources in a(n) ____ and ____ manner to accomplish the organization's goals.
Explain the basic functions of public relations, how it can be used to support corporate goals, and how it can be integrated into marketing strategy.
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