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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).
A low-cost airline operating in South Africa is considering adding either Boeing 737-400 or Boeing 737-800 to its fleet. The following information is prepared for the economic eval
Decision Tree Analysis Applied to Capacity Expansion Linear programming and computer simulation models focus on the short term question of how to use existing capacity. But the
What are the strategy models?
Can every company identify their target market? Advise as to why this is important or why it isn't important.
Axel telecommunications has a target capital structure that consists of 70% debt and 30% equity. The company anticipates that its capital budget for the upcoming year will be $3mil
Discuss the history of welfare reform. Discuss some of the historical aspects and your opinion about how these changes were implemented and whether or not the changes were effectiv
Service Level Agreements are normally associated with Outsourcing.
Dispute resolution using conflict resolution styles
Scenario You work for a large financial institution that in the past ten years has developed new products and services that appeal to a very diverse customer base located throug
Big Bobs Burger Barn would like to graphically depict the interaction among its lunch- ordering customers and its three employees. Customers come into the restaurant and eat there,
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