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This assessment addresses the following course objective(s):
Analyze appropriate methods of quantitative analysis used for business problems
Solve business problems with appropriate quantitative decision-making models
In this analysis, we will examine queuing theory and apply it to wait times at a business of your choice. You will research a business that has a queuing system that you consider to be ineffective. You can use any type of business, your company that your work for, a business you're familiar with, or a business that you visit or call frequently.
Discuss the business and share necessary information.
Research queuing systems and discuss what type of queue they are using and why it is ineffective. You need to name the queuing type and discuss how it operates. Discuss why it is not working well.
Make recommendations for a new type of queue based on your research. Discuss why this new queue would be more appropriate for this business.
Summarize a video in your own words using the concepts of managerial economics - how each of them approached their challenges
Outline a plan that managers in the low-calorie microwaveable food company could follow when selecting pricing strategies for making their products as inelastic as possible. Provide a rationale for your response. 2.Examine the major effects that gove..
A company has an expected dividend next year of $1.20 a share, a 4% growth rate of dividends, and a required return of 10%. The value of a share of the firm's common stock is
What happens to the standard deviation of the distribution of losses to each individual subsequent to the pooling arrangement?
Explain why or why not. If the statement is incorrect, how would you state it correctly?
1.Why is it difficult to test the assumption that firms seek to maximize long run profits?
Draw the firm's average and marginal cost curves on the following diagram and the information in the following table relates to a firm's average and marginal costs of operating each of three plants (X, Y and Z). Each plant has a U-shaped average c..
Suppose a 6-month put option on a stock with a strike price of $32. The current stock value is $30 and over the next six months it is expected to rise to $36 or fall to $27.
The return on investment at Reed was exactly the same in Year 1 and Year 2.1. The margin in Year 2 was:A. 48%B. 32%C. 20%D. 10%
Why does an exporter face a foreign exchange risk? How can the exporter hedge its foreign exchange risk?
Read the excerpt below from an article titled "Delta buys refinery, becoming first airline to make own fuel" (Reuters, 5/1/2012). The more context specific your answers are the better. a. What might be the value generating benefits of this vertic..
MGMT 3306: Solve the assignment problems, 1. Please answer the assignment questions in this docx file and save once you’re satisfied. Assignment 3covers the lectures slides for Week 6.
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