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The call center for souq.com has five workers answering incoming phone calls for orders. If the five phone lines are busy, a potential customer gets a busy signal and this represents a lost sales opportunity. The calls occur randomly (i.e., according to a Poisson process) at a mean rate of 15 per hour. The length of a telephone conversation follows an exponential distribution with a mean of 4 minutes. What is the average waiting time on phone and the percentage of lost sales?
In contract negotiations are all offers valid and legally binding? If the offer is valid, when may it be accepted and by whom? At what time, if any, may a contract offer be lawfully withdrawn?
why should a business owner consider business forms that provide personal liability protection?
The Sales Department uses the Customer Order to check inventory availability by looking up the items in the inventory database.
Reflect upon your experiences throughout the course. What was the most surprising thing you learned about project management and why? What was the most challenging concept studied? What are you most likely to use as a current or future project manage..
What are ethics committees and what role do they play in health care settings? Provide an example of a situation in which you would call a hospital ethicist to consult?
Compaq Computer Corp. made a name for itself in the early 1980s by becoming the first computer company to manufacture and market IBM "clones”. How do you expect Compaq to organize its operations if it chose to be guided by the production concept? The..
Describe how diversified organization can use activity sharing and transfer of core compentencies? Discuss the risk of an integration strategy?
You are given a choice to assess the strength of a company by looking at one financial statement. You can either choose the Income Statement, the Balance Sheet, or the Statement of Cash Flows. Describe what statement would you choose and evaluate why..
Medical terminology is the language of medicine. Describe the academic program that you enrolled in, and explain why you are interested in entering this profess
In your own words, discuss your point of view on affirmative action. Do you believe it is fair or does affirmative action create further discrimination.
Fully discuss Communication strategy for a project during planning, launching and monitoring/control. what it is, why, and how it matters within your context, what is currently done (how things currently work) and provide and detail a specific recomm..
Compare and contrast incremental improvement with innovation improvement
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