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Customers arrive at a fast food restaurant with one server at a mean rate of 30 per hour. The server has just resigned, and the two candidates for the replacement are X (fast but expensive) and Y (slow but inexpensive). Both candidates would have an exponential distribution for service times with X having a mean of 1.2 minutes and Y having a mean of 1.5 minutes. Restaurant revenue per month is given by $6,000/W where W is the expected waiting time (in minutes) of a customer in the system.Determine the upper bound on the difference in their monthly compensations that would justify hiring X rather than Y.
What suggestions could you make that would help the cohesiveness in the decision-making process between middle management and top management? Explain your reasoning.
There is no word limit or count. Illustrate what type of functional and perceptual benefits do labelling and packaging give to consume.
The average delivery requires about one hour in a delivery room. The average time in a combination labor-delivery room is about 24 hours.
Based on the scenario above, do you think these findings in the United Kingdom are also applicable in the United States? If so, what career advice would you give to these recent college graduates if you were mentoring them? Explain three key piece..
Discuss the effect of any seasonal factors utilizing the process performance data collected each week. Discuss the confidence intervals also their usefulness based on the number of data points.
What are the characteristics of a self-organizing system? How can self-organize principles be utilized to interface with a marketplace? What are the benefits of doing so?
ou have received a call from the manager of a firm where you helped set up a forecasting system. Illustrate what would you suggest.
What are the disadvantages and advantages when using Internet Resources as Secondary Research method? What will be my limitations?
Formulate also implement business-level corporate also global strategies. Compose, prepare also recommend strategies to achieve also sustain competitive market profile.
generate a sports marketing mix for your organization to address the promotion mix of advertising, public relation, sales promotion and pricing
Stan fawcetts company is considering producing a gear assembly that it now purchases from salt lake supply. Decide the number of units where either choice has same cost.
The Shoe Store manufactures athletic shoes. The company wants to establish a p-chart to monitor the production process using Z = 3.00. The company has taken a sample of 50 shoes every 4 hours for a work week of five days.
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