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Employees arrive randomly to use the fax machine at an average rate of 20 per hour. This arrival process is approximated by a Poisson distribution. Employees spend an average of two minutes using the fax machine, either transmitting or receiving items. The time spent using the machine is distributed according to a negative exponential distribution. Employees line up in single file to use the machine, and they obtain access to it on a first come, first-served basis. There is no defined limit to the number who can line up to use the machine. Management has determined that by assigning an operator to the fax machine rather than allowing the employees to operate the machine themselves, it can reduce the average service time from the current 2 minutes to 1.5 minutes. However, the fax operator's salary is $8 per hour, which must be paid 8 hours per day even if there are no employees wishing to use the fax machine part of the time. Management has estimated the cost of employee time spent waiting in line and at the fax machine during service to be 17¢ per minute (based on an average salary of $10.20 per hour per employee). Should the firm assign an operator to the fax machine?
Does the company have a social responsibility to factor into its decision the impact that its move would have on the city? Explain your reasoning.
According to the textbook, the current world economy is increasingly becoming integrated and interdependent; as a result, the relationship between business and society is becoming more complex. Use the Internet to research one (1) of the following..
2. What are the 4 characteristics of human cognition that help us build a theory of social identity and to understand social identity bias? List and describe each of these 4 traits.
select an organization that is fairly well known to most people. based on information obtained at the organizations web
Since deregulation, the low fare airlines, often termed low-cost-carriers, have captured significant market share from the more established network carriers in the U.S. and Europe. Discuss some economic aspects that have led to the success of low far..
Explain the most important thing you learned from this experience. b. Analyze the strengths in your lesson. c. Analyze the areas of the lesson that need improvement.
At early 1990s, the employees with some antiquated idea could not follow the quality standard that caused great trouble for Haier, which was just founded. The CEO of Haier did not fire the employees rather than training them, and finally the company ..
One of the key themes of today's economy is the challenge of marketing goods and services in mature markets that are plagued by commoditization. In what ways is pricing strategy related to commoditization? Explain and support.
Compute the utilization of the crew-and-docks.
Determine the absolute shortest length of time in which the telemedicine project can be completed if none of the activities are crashed. Determine the shortest length of time the project can be finished if activities on the critical path are crashe..
In this discussion question, you will identify and explain the problem of sustainability in business decisions. To what extent do firms have a responsibility to avoid products made with unfair labor conditions? With unsustainable production methods?
Allied Industries established a policy that required an applicant to have a score of at least 110 on an IQ test for promotion to a managerial position. A minority applicant who scored 105 on the test claimed disparate impact discrimination. Is the us..
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