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A newly opened car wash station has a car wash machine. The machine washes each car in a constant rate of 5 minutes per car. It has been estimated that costumers will arrive according to a Poisson distribution at an average of 8 per hour. The owner would like to know-
1) Expected average time in minutes a costumer waits in line
2) Average number of cars in the station (both waiting in line and being washed).
Provide a broad description of the value of understanding the strategic challenges and opportunities facing the business organization today What are the elements for Developing
Explain the difference between ethical responsibilities and social responsibilities of a manager. Please in you own words.
how performance cycle variance can be controlled?
Knight, Inc., has issued a three-year bond that pays a coupon of 5.00 percent. Coupon payments are made semi-annually. Given the market rate of interest of 3.70 percent, what is th
State how production standards place managements and unions at odds against each other. Why do some unions prefer the right to strike in this matter while others prefer arbitration
What challenges does Adam-Woodford face as he develops his five year product roadmap?
Mass Customisation - Operation Strategy This example of mass customisation is rather limited in scope to denim trousers. A customer who wishes to purchase a jacket of a partic
Process Solutions provides a computer-based document processing service. The accountant has produced the following analysis. Standard Modifi
1. In two or three sentences, please summarize what you have learned about information literacy so far in your earlier courses and in this seminar. 2. Then explain how informati
Explain functions and objectives of trade unions. Functions and Objectives of Trade Unions: The functions of trade unions are: (i) The provision of friendly services which
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