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Three machines, A, B and C, operate independently in a factory. Machine A is out of action for 10% of the time, while B is out of action for 5% of the time, and C for 20% of the time. A rush order has to be commenced at midday tomorrow. What is the probability that at this time: a) All three machines will be out of action? b) None of the machines will be out of action?
The employee credit union at State University is planning the allocation of funds for the coming year. The credit union makes four types of loans to its members. In addition, the credit union invests in risk-free securities to stabilize income. What ..
Explain why you think it's important for Hotel Chocolat managers to understand the basic approaches to ethical decision-making and what steps they need to take to ensure ethical conduct. In addition, discuss which of the five international strategies..
Eve believes that her employer, Southwest Software, Inc. (SSI), has discriminated against her on the basis of gender.
Speculate on what might happen to a Black applicant who had a "White-sounding" name and was called for an interview. At what point(s) might prejudice eliminate the applicant from the selection process? What benefit(s) might accrue to such an applican..
Nike is a company that expanded to China. Discuss the following. Delineate the legal systems and discuss which legal system and political ideology applies to the country you chose that the company does business in. Delineate the economic systems and ..
Discuss which model of leadership you believe describes effective leadership. Discuss why you believe this and apply this theory to a leader you know or who is well known; then discuss with your learning colleagues how these people exemplify the char..
Discuss reasons to use project management software like Microsoft Project 2010.
Describe the six phases of the project procurement management process. part 2 : using a simple decision such as painting your home, list what you would do to under each project procurement management step part 3 : the buyer determines the contract pr..
Determine the amount of slack in each of a project's activities (presented below), and identify the critical path.
The local supermarket buys lettuce each day to ensure really fresh produce. Each morning any lettuce that is left from the previous day is sold to a dealer that resells it to farmers who use it to feed their animals. This week the supermarket can buy..
Marketing has evolved into a major business function that crosses all areas of an organization. For example, marketing may advise production about how much of the company’s product to make and then may tell logistics when to ship it. Accordingly, mar..
The Lubricant is an expensive oil newsletter to which many oil giants subscribe, including Ken Brown. In the last issue, the letter described how the demand for oil products would be extremely high. What decision model should be used? What is the opt..
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