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At a border vehicles arrive at the rate of 9 per minute in a Poisson distribution. For simplicity in this problem assume that there is only one lane and one inspector who can inspect vehicles at the rate of 12 per minute in an exponentially distribution fashion.
1) What is the average length of the waiting line?
2) What is the percentage of the time the inspector is idle?
3) What is the probability that when you arrive there will be four or more vehicles (include the one being inspected ahead of you?
A cosmetics manufacturers marketing department has developed a linear trend equation that can be used to predict annual sales of its popular Hand and Foot Cream. We are given F sub
Computer Aided Layout Planning This method has 3 steps. They are as follow: Preparation phase, Specification phase and Analysis In the preparation p
define the following key terms in product layout: a) Product interval time b) Product duration (throughput time) c) Assembly line balancing
Suppose rf is 5% and rM is 10%. According to the SML and the CAPM, an asset with a beta of -2.0 has a required return of negative 5% [= 5 - 2(10 - 5)]. Can this be possible? Does t
What are the issues of management does Whole Foods Market in 2010 needs to address? Analyze and evaluate the issues identified
In what ways does an airline alliance reflect each of the four dominate themes of current design strategy?
In your own words, what do you think acquisition management is and what are your impressions on how it is done in the DoD?
You discover an antique in your attic that you purchased at an estate sale 10 years ago for $400. You auction it in eBay and receive $8000 for your item. What is the annual rate of
1. What 'span of process' choices do you think have been made by the Graduate School of Business? Answer: Most core administrative processes are carried out by GSB staff; some,
Ques: What do you think happened to the quality, variety, availability or cost of agricultural or manufactured products - or the level of competition? Ans: Quality increased; va
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