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A tax accountant in a very small town has a walk-up tax preparation business in a small office. During “busy season”, she has determined that her customers arrive according to a Poisson distribution with an average arrival rate of 6 per day (it is a very small town). Each customer takes a number so that they may be served in the order of arrival. She is able to serve her customers one at a time, at an average rate of 8 per day (exponentially distributed). Her customers are very patient and will always wait as long as necessary to be served (the town is SO small, there’s nothing else to do). (15pts) What is the average time from arrival to exit? What is the average wait time for her customers? What is the average number of customers she has in her waiting room plus her office? What is the average number of customers waiting. How busy is our tax accountant during an average day? She has a small waiting room with 4 chairs. What is the probability that all chairs will be filled at the same time? If she works an 4 hour day, how many hours a day is she busy?
Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..
Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..
Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..
An analysis of the holding costs, including the appropriate annual holding cost rate.
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A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
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Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.
Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.
Ccompare the effectiveness of different leadership styles in different organizations
Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.
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