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An operator is in charge of FIVE machines. After each machine completes a job, the operator must reset it before a new job is started. In other words, the operator’s task is to set up each machine when a job is completed. The time to complete a job on any machine is negative exponential with mean 45 minutes. The time to set up any machine is also negative exponential with mean 8 minutes.
(a) Determine the average number of machines that are awaiting set up or are being set up.
(b) Determine the average time a machine is awaiting set up or are being set up.
(c) What is the probability that all machines are working?
Discuss the “the customer is always right” attitude. As a customer, do you believe that you are always right and that companies should cater to what you want to have? As an employee, what do you do when you believe the customer is right, but the comp..
Radio Stations and Rock Concerts: In 2005, Clear Channel (an owner of popular radio stations) spun off concert promoter Live Nation into an independent company. How would this affect prices for concert tickets or rates for radio programming?
Consider the following statement: Database management systems and data-warehousing techniques are the greatest threat to individual privacy in modern times. What do you believe are the issues associated with the consolidation and gathering of private..
Why is it important for a marketer to understand customers' online shopping habits?
What are possible internal and external changes that may require changing the marketing organization design?
The demand for a particular part called SKU 005 is 1,500 units a year. The cost of one SKU 005 is $50.00. It costs $60.00 to place an order for SKU 005, and the user of SKU 005 has a per year inventory carrying cost of 25% of unit cost. Assume 250 wo..
Complete the network diagram by conducting a forward and backward pass through the network. Compute the early/late start time, early/late finish time, and slack time for each activity. What is the project duration? What is the critical path of this n..
Young people raised in slums cannot help but grow up to be criminals. They are the products of their environment, and without a decent home life or schooling, without positive role models or spiritual guidance, they will turn to crime. The criminals ..
give your opinion of the value of vehicle out of service rates and driver log errors as a driver supervisor tool.
By will, D left Blackacre to A for life, remainder to B. D's residuary estate was left to S, D's spouse. Both A and B effectively, under Section 2518 disclaimed their interests in Blackacre. How may this affect the marital deduction for D's estate? U..
"Community Efforts and Managing Public Relations (PR)" You are a new PR intern at Apple. Apple is donating 200 iPads to a local inner-city school to promote technology in education. As a PR intern, you need to get the word out about this event.
What are the roles of comparative and competitive advantages in Hyundai's success? Illustrate your answers by providing specific examples of natural and acquired advantages that Hyundai employs to succeed in the global car industry.
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