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A company has tool cribs where workmen draw parts. Two men have applied for the position of distributing parts to the workmen. George Fuller is fresh out of trade school and expects a $12 per hour salary. His average service time is 4 minutes. John Cox is a veteran who expects $22 per hour. His average service time is 3 minutes. A workman's time is figured at $10 per hour. Workmen arrive to draw parts at an average rate of 12 per hour.
a. What is the average waiting time a workman would spend in the system under each applicant?
b. Which applicant should be hired?
Continuing with the scenario from Assignment 1, imagine that you have been hired as the Manager of Human Resources for the acute care hospital.
Why is frictional unemployment inevitable in an economy characterised by imperfect job information and non-zero job-search time? Is structural unemployment something macroeconomic policymakers should be concerned about? How does it dif..
there are many powerenergy drinks currently on the market. describe one of these powerenergy drinks what it contains
Metro claims that at the time of its loan it was unaware of HFCs interest. Among these parties, who has priority to the collateral? Examine your answer.
How would you integrate this product or service to meet local or regional needs? What would need to be done today? Next week? Next month? Next year?
Sonic has selected a target demographic consisting of: professionals, students, corporate users, entrepreneurs, and medical users.
Analysis and Explain the historical perspective of the issue of social networking in the workplace.
Rachel pays her office nurse a salary of $50,000, pays rent for her medical office premises of $20,000, pays rent for her personal apartment of $15,000, pays $10,000 for food, and purchases a new patient examining table for $10,000.
Discuss the basic models of the firm and for each model, clearly highlight its assumptions and limitations.
Evaluates and anticipates risks associated with the investment. Expands rewards for all major components of the value chain, which should include the company.
Estimate Kellogg's expected growth rate based on its recent stock price using the dividend discount model with increasing perpetuity.
Discuss the interrelationship of operational area. If one area does not perform (i.e. aircraft maintenance & flights), what is the impact.
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