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A toll plaza has 4 booths, with each booth capable of servicing 58 cars per hour. Cars arrive at the plaza at the rate of 200 cars per hour. Make the standard assumptions of a Poisson distribution for arrivals, and an Exponential distribution for service times, and calculate the following: b) What is the average length (in cars) of the (total) queue?
Develop risk profile and cumulative risk profile for each strategy. Indicate which strategy dominate the others and explain why. Indicate type of the dominance
The time between failures for an electrical appliance is exponentially distributed with a mean of 25 months. What is the probability that the next failure won't occur before 30 months have elapsed?
Identify at least four significant team communication challenges she would be facing on this project that would be tied to the fact that she was working with a virtual team - Explain carefully the problems associated with each challenge. Describe ..
At a border inspection station, vehicles arrive at the rate of 10 per hour in a Poisson distribution. For simplicity in this problem, assume that there is only one lane and one inspector, who can inspect vehicles at the rate of 16 per hour in an expo..
How much faster would the professor have to answer questions in order to reduce the average waiting time to 40 minutes?
What is linear programming? How can linear programming be used to solve an aggregate planning problem? Present a mathematical model (different from discussed in the chapter), solution of the model is not required.
Calculate the following exchange rates (ZAR and USD refer to the South African rand and U.S. dollar, respectively). The current ZAR spot rate in USD that would have been forecast by PPP.
One-Page Action Plan: The written portion of the paper is to include one-two paragraphs that provide supporting information about your action plan and how it will be used. For the one-page action plan, you are to create a learning and development pla..
In 200 words how can the risks of innovation be addressed and/or managed? Please watch the plagiarism.
Outsourcing and Offshoring have been hot topics in recent years. In your opinion, what are typical HRM problems in offshoring organizations? How can companies, for example in India and China (or a country of your choice) design their human resource m..
Assume you have a choice to work for either a globally integrated enterprise, a met national a glorecalized MNE, a micro-multinational, or a cyber corp. Which would you choose? Why? Based on the material presented in the chapter, what sort of environ..
Describe the assessment you used to analyze your skills. Discuss your communication gaps. Describe any additional training you need in specific areas of communication.
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