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Customer arrivals to the store with an average rate of R = 20 per week and each customer requests for one computer. The rental time is 3 weeks on average. The rental fee is $300 per week. At the end of the rental period, the customer returns his/her rented computer to the store. Elaine will inspect every returned computer. The inspection time is negligible. On average 10% of the returned computers need to be repaired by a technician. (Repair actually means re-configuration and minor repair.) A computer that needs repair spends an average time of 1 week in the repair stage, including waiting and repair. After repair work is completed, the computer will be put into the stock for rental. Returned computers that don’t need repair will be put immediately into the stock for rental. To ensure that there are always computers available to satisfy customer requests, Elaine has to keep an average of 10 computers in the stock for rental.
(a) What is the total number of computers that Elaine needs for her rental business?
(b) With an average of 10 computers in the stock for rental, on average how much time.
The company recently hired a new writer who suggested the company order noise-reduction headphones so writers can concentrate.
Why would the automotive and financial industries benefit from developing a competitive pricing strategy?
Discuss variation by defining “special” and “common” causes of process variation. Provide an example of each. Discuss what your response of correction would be for each example.
Consider a representative consumer with A budg et of $ 4 00 in world with two consumer goods X and Y. What are the quantities of commodity X and commodity Y that this consumer must purchase and consu me to maximize his/her utility?
Comparing two otherwise equal firms, the beta of the common stock of a levered firm is ____________ than the beta of the common stock of an unlevered firm.
The demand for next year's calendar at a bookstore is assumed to be normally distributed with a mean of 430 and a standard deviation of 70. The calendar costs the bookstore $7.00 each and will be sold for $11.00 each. How many calendars should the bo..
Explain three benefits of ISO registration/certification. You should write at least three complete sentences describing each benefit. Explain why customers would want suppliers to be ISO certified. Explain how continued ISO registration is enforced.
Discuss the various marketing strategies Mattel executives may use for Monster High as it progresses through the stages of the product life cycle. What aspects of the marketing mix should be emphasized at each stage and discuss why youbelieve those a..
JCPenny decided to consider explanding into various foreign countries; it applied a comprehensive country risk analysis before making its expansion decision. Initial screening of 30 foreign countries were based on political and economic factors that ..
State a generalization you have heard about online learning. Then develop a hypothesis you could use to test the generalization. As we discuss the generalization, consider the specificity needed for a hypothesis to be testable. Could another hypothes..
Is there a problem with specifying the research objectives after the questionnaire has been designed? Why?
What are three types of opportunities for sharing a sound basis for diversification or vertical integration? Give an example of each from companies you have read and or researched.
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