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The NWB Bank operates a drive-up teller window that allows customers to complete bank transactions without getting out of their cars. On weekly mornings, arrival to the drive-up teller occur at random, with a mean arrival rate of 24 customers per hour.
a) Assume that the Poisson probability distribution can be used to describe the arrival process. Compute the probability that exactly 3 customers will arrive during a 5-minute period.
b) Delays are expected if more than 3 customers arrive during any 5 minute period. What is the probability that delay will occur?
What are some of the advantages of the supply chain used in the Japanese auto industry before the March 11 earthquake and tsunami? What were some of its disadvantages?
How might Xerox be able to address the shortage of mechanical design engineers identified by the aggregate project planning analysis shown in Exhibit 4-9? List five ways Xerox could increase the capacity and five ways to reduce the demand for mechani..
Discuss the shift of MNE’s from exploitive posture to a more transformative posture in the developing world. Why has this shift occurred? Reference the Nike case study as an example. How has it changed?
Apple is about to release its latest technology. The company needs to develop a plan to communicate with key stakeholders about the release. You have been tasked with identifying those main stakeholders and selecting the method for communicating with..
question 1in a era of economic recession and low room occupancy devise and give explanation the outlines of a marketing
Identify and define each of the four essential elements of a contract. Use the facts of the case to explain whether each of these elements is present and whether a contract has been formed.
the importance of acquiring a reliable clinical decision support system (CDSS). Studies have shown that CDSSes reduce medication errors, increase physician and patient satisfaction, decrease cost, and even decrease the rate of hospital-acquired (n..
Create a payoff table that specifies Techware's net revenue (in dollars) for each possible decision and each outcome with respect to the trend in the national economy.
Define heuristic in decision making and give an example by explaining one of the heuristics. What is the magic number and where does it apply? Explain why visual displays for the general public should be designed in black and white rather than red an..
Reflect on your reading for the week, specifically Analytical Exercise 8. Is another form of structural configuration better suited to multiproduct, multiservice companies? functional structure with simple structure. divisional structure with departm..
Find and describe at least three technological components that are required for data-driven decision making. Be sure to explain how each component is relevant to business analytics.
write a paper of 1,000-1,250 words that highlights how each element of the U.S. transportation system would be utilized (if at all) by your company from a transportation and a distribution standpoint.
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