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Repeat Problem 1, except assume that the service times are not exponentially distributed, but rather (continuously) uniformly distributed be-tween a = 0.1 and b = 1.9. Note that the expected value of this uniform distribution is (a+b)/2 = 1, the same as the expected service time in Prob- lem 1. Compare all five of your numerical results to those from Problem 1 and explain intuitively with respect to this change in the service-time distribution (but with its expected value remaining at 1). Hint : In case you’ve forgotten, or your calculus has rusted completely shut, or you haven’t al- ready found it with a web search, the standard deviation of the continuous uniform distribution between a and b is (b − a)2/12 (that’s right, you always divide by 12 regardless of what a and b are . . . the calculus just works out that way).
Meredith and Mantel (2012) describe top-down and bottom-up budgeting (pp. 289-292). Evaluate these two techniques in terms of your course project. Address the following questions in your posting:
Discuss why measurable organizational value or MOV must be measurable, provide value, be agreed upon, and be verifiable.
Which of the following makes the Global Reporting Initiative (GRI) particularly valuable? What is another name for a genetically modified crop?
The Eco Pulse survey from the marketing communications firm Shelton Group asked individuals to indicate things they do that make them feel guilty
Johnson Chemicals is considering two options for its supplier portfolio. Option 1 uses two local suppliers. Each has a "unique-event" risk of 5%, and the probability of a "super-event" that would disable both at the same time is estimated to be 1.5%...
What should you do as an engineering manager?
Formulate a nonlinear program representing the profit maximization problem for the bakery - There is a total of 4 hours available for baking time. There must be at least 200 units of muffins and at least 200 units of doughnuts produced.
Do you think it is possible for artificial intelligence to become too powerful to control?
Summarize the functions of the Baldrige criteria and their interaction with CQI or Six Sigma.
· Describe who uses the product/service, and how it works. Discuss the impact of your product, service, or application on quality of care, quality of life, cost of care, and access.
Analyze your own skills on the job and explain if you are readily open to feedback and criticism at work. Give a recent example of how you took criticism.
What is the most unconventional way that Linear Programming has been utilized to either minimize costs or maximize profits? Please use three examples that are applied to different industries. Thanks
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