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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).
Given forecast errors of 5, 0, - 4, and 3, what is the bias?
Describe the elements in a HRMIS and the role such a system plays in an organization's ability to meet its goals. If you are familiar with such a system, what information does it p
The stage in the product life cycle labeled A in the below figure is called introduction. maturity. growth. diversification. decline.
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Prince Electronics, a manufacturer of consumer electronic goods, has five distribution centres in different regions of the country. For one of its products, a high-speed modem pric
What does corporate strategy ensure?
Compare and contrast, the three following leadership models: Vroom Model leadership, Fiedler`s Contingency Model and Hersey & Blanchard Situational Theory?
Alternative Control Chart Constructions In this treatment of the subject, description has been of charts with both warning and action limits, and these limits calculated with
Responsiveness - Customers Needs for a Product How quickly the operations system reacts to changes in customer demand. This may be considered as customisation but in terms of
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