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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 total daily service cost for the single teller model?
What is systems development? List the main activities in systems development.
Explain how a change in technological coefficient can affect a problem's optimal solution. How can a change in resource availability affect a solution? Provide two examples of each.
In the past, Peter Kelle’s tire dealership in Baton Rouge sold an average of 1,000 radials each year. In the past 2 years, 200 and 250, respectively, were sold in fall, 350 and 300 in winter, 150 and 165 in spring, and 300 and 285 in summer. With a m..
Assume that the Securities and Exchange Commission (SEC) has a rule that it will enforce statutory provisions prohibiting insider trading only when the insiders make monetary profits for themselves. The brokerage firm challenges the rule in an action..
Rubbermaid's record of new product innovation is remarkable. With almost 5, 000 products, the firm continues to crank out a new one almost everyday - and with great success. It looks like traditional wisdom teaches us that a company may win market..
The Central Evaluation Unit Task 1: Analyse and evaluate the processing of new applications at the CEUPU. Create a process map for new applications
List the six different strategies for entering and competing in foreign markets. Choose one and share why it would be the best strategy. Choose one and explain why it is the least desirable.
To what extent can individual business decisions (as opposed to economic forces) explain deterioration in working conditions for many workers
begin earning an ROI. Combined, that is 7-13 years which outlasts even the best economic cycles. How would you treat that reality
Craft your Personal Mission Statement (see 7Habits of highly effective people p106) and describe in a 2-page paper. Discuss both left and right brain contributions. Also discuss your process of developing your mission statement and reflect on..
Which alternative would you recommend if you want to reduce the current average time the trucks spend in the system, including service? Show answer.
Illustrate what are differences between tangible also intangible resources. Why is it important for decisions makers to understand these differences.
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