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Refer to the results from the SimQuick simulation model below to answer the following 5 multiple-choice questions. You will see that the results are similar to the two-teller, bank model described from pages 19-21 in the SimQuick book. You can click the image to open it in its own window if you wish. 1. Based on the above simulation results, on average, how long are tellers working per hour? (Time is measured in minutes, and there are two tellers)?
2. On average, how long do customers wait in the line (buffer) before going to one of the two tellers?
3. On average, the throughput of the service system at the end of the simulation is estimated at:
4. On average, approximately how long does a customer spend in the service system if the teller takes an average of 2.4 minutes to serve a customer?
5. In addition to the average performance of the system, process analysts must also consider ___________ to arrive at valid conclusions regarding the performance of a service system.
IT is one of most globally integrated corporate function how is IT different from other business areas when it comes to global integration? why do you think this is the case?
Customers have the sole responsibility for prioritizing their own needs, selecting a contractor to perform their project, and terminating a project that is not working.
Describe globalization and how it impacts your current or future position as part of an international workforce.
(1) The following table presents Mary's marginal utility for each of the four goods she consumes to exhaust her income. The price of Good 1 is $1, the price of Good 2 is $2, the p
Ski Boards, INC., wants to enter the market quickly with a new finish on its ski boards. It has three choices: (a) refurbish the old equipment at a cost of $800, (b) make major mod
In a cellualr network advancement cells must use the same or nearly the same frequencies for their voice signal channels in order to work properly?
A drug store has two windows available for serving customers, who arrive at a Poisson rate of 40/hr. Service time is exponentially distributed with a mean of 2 min. Only one window
What is Diversification? Ans: Diversification is guiding activities into different lines of business.
HW TO SOLVE Graphicalmethod of solvuing LPP
1. Having considered the changes in agriculture and manufacturing sectors in the industrial era, speculate what might happen to the service sector in the post-industrial era. What
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