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A department store has a candy counter with one employee. Customers arrive at the counter at the rate of 40 per hour according to a Poisson distribution. The employee can handle 45 customers per hour and service times are exponentially distributed. The probability that the employee is busy is
Compute the forecast for year 6 using exponential smoothing, an initial forecast for year 1 of 3,000 miles, and α = 0.3 and Explain the assumptions behind the centre-of-gravity method. How can the model be used in a service facility location?
Illustrate what is advantages of balanced scorecard approach also elucidate how is differ from traditional approach.
How can reducing packaging inefficiencies improve the performance of a logistics system? How might an organization's order picking and assembly system influence its decisions on materials handling equipment? What are the three general functions of pa..
Sidewalk Sam, from the previous problem, has the utility function for consumption in the two states of nature where cs is the dollar value of his consumption if it shines, cr is the dollar value of his consumption if it rains, and π is the probabilit..
Which legal system relies upon principles or rules of law that were developed from court decisions?
calculate the change in the weighted distance, wd, score if Baker exchanges the location of the tool crib and inspection.
Consider an organization where you work or have worked. Discuss the risk balance or policy that senior management plays for a risky project. If you have not worked in such an environment, discuss a current project that has appeared in the news med..
In the First Intermediate period and Early Middle Kingdom, pyramid texts were expanded to include guides and maps for the afterlife. These were now known as__________________
Describe the switching costs that a company would incur if it began to phase out its current suppliers and pick new suppliers. How would you suggest this company reduce its switching costs?
Define your underlying ethical system, its primary principles, the sources that helped shape your ethics-such as people, institutions, events, and so forth-and the criteria and decision-making factors you have used to revise them.
Suppose a “business-as-mission” professional involved in church planting in Pakistan is being prayed for by his home church. Considering the article by Love about identity, should his home church leaders introduce him as one of their “missionaries?” ..
Describe the strategies which DuPont's management used to respond to the ozone controversy before the 1978 ban. Identify the social costs and risks associated with these strategies and the populations that bore these costs and risks
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