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Case: Repair requests are handled by a technician in a photocopy shop. Repair time, including travel time, is exponentially distributed, averaging 2 hours per call. Requests for copier repair arrive at an average rate of 3 per eight hour day (assumes Poisson). Determine:
Question 1. Determine the average number of customers waiting for repair.
Question 2. What is the average time in an 8 hour day that the technician is idle?
Discuss the pros and cons of managers having keen insights into the company's external environment.
Midtown Motors, Inc. has hired a marketing services firm to develop an advertising strategy for promoting Midtown’s used-car sales. The marketing firm has recommended that Midtown use spot announcements on both television and radio as the advertising..
Draw an organizational chart showing the primary way in which Amazon groups its activities.
What type of geographic pricing policy is most appropriate for the following products. Why is it important for marketers to use geographic pricing? Are there any other forms of pricing, please discuss those as well.
Specify if the improvement is due to improving an activity , improving data flow, improving control, implementing automation, or improving procedures.
A manager must set up inventory ordering systems for two new product items, P34 and R35. P34 can be ordered at any time, but R35 can be ordered only once every four weeks. The company operates 50 weeks a year and the weekly demand for both items are ..
The World Bank and the IMF had once argued that the leniency of debt forgiveness would make it more difficult for the lenders themselves to borrow cheaply on the world's capital markets. If you were a World Bank donor, would you support the HIPC Debt..
What will be our average number of boxes on hand if we order the EOQ bags in each order? (Keep up to two decimal places in your answer)
The products include a wide variety of synthetic and natural stuffing materials for furniture cushions, sleeping bags, quilts, and winter coats.
Media plans should of course take a proactive stance with respect to customers.
Consider a time in your professional life when you have struggled with an ethical dilemma. Consider your approach to the ethical dilemma. Based on your description of your approach, identify which ethics theory best matches your approach.
Discuss several disadvantages of linear programming; clearly explain the reasons for your choices.
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