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Bank Boston has a branch at Bryant College. The branch is busiest at the beginning of the college year when freshmen and transfer students open accounts. This year, freshmen arrived at the office at a rate of 40 per day (assume 8-hour days). On average, it takes the Bank Boston staff person about ten minutes to process each account application. The bank is considering having one or two tellers. Each teller is paid $12 per hour and the cost of waiting in line is assumed to be $8 per hour. What is the probability that the line is idle?
Find the normal time for each element. Assuming an allowance factor of 15 percent of job time, compute the standard time for this job.
Explain the impact that batch size has on flow. Explain why the EOQ formula works.
Determine the quantity demanded, the quantity supplied, and the magnitude of the surplus if a price floor of $52 is imposed in this market.
In the context of global strategy, due process can be defined as making sure the strategy making process is fair from subsidiary unit perspective. Discuss the importance of due process in global strategy execution.
Laura has applied for a job with Apple. As part of the hiring process, Apple will of course look at her grade in BUS 90 at SJSU. If Laura gets an A, there is a 75% chance that Apple will hire her. What is the probability that Laura gets an A in BUS 9..
1 how should stores approach inventory planning for black friday?2 how should retailers plan the process of opening the
What are the main issues described in the case. List and describe the main Principles of Management involved in the case. If you were the new CEO at Caterpillar, what would you do
Briefly describe the planning techniques listed below, and give an advantage and disadvantage for each:a. Spreadsheetb. Linear programmingc. Simulation
During this time the Mexican peso strengthens against the euro. What is the net profitability effect on the Mexican firm. What international market concept is demonstrated in this example. Discuss the risks associated with changing exchange rates ..
What are some strategies for ensuring that people take the time to write a good lessons-learned report and read some from past projects?
Case Study- Midsouth Chamber of Commerce: The Role of the Operating Manager in Information SystemsDiscussion. The discussion includes an analysis of each problem or question. The analysis can include:
Rockland Industries is a Maryland corporation that manufactures drapery lining fabrics. Rockland uses approximately 500,000 pounds per year of antimony oxide, a fire retardant, on its fabrics. Rockland filed suit seeking as damages the difference bet..
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