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The local self-serve yogurt shop is looking to provide staffing to meet customer demand over the summer peak season. While the customers can self-serve the yogurt in the cups, a staff person is needed to add the toppings, weigh the yogurt, and process payment. The arrival rate is 30 per hour. The service rate is 16 per hour. There is a lot of competition in the area and customers will easily choose a different yogurt shop if they feel that they did not receive quick and superior customer service. The owners estimate that the cost of customer waiting is estimated at $25/hour per customer waiting and the cost of each counter server is $20 per hour, what is the optimal number of servers that should be working during the peak time? HINT: Use the Queueing.xls spreadsheet and show the cost analysis table for comparison.
The Otto Maddick Machine Tool Company produces two products, muffler bearings and torque amplifiers. One muffler bearing requires 0.125 hr. of assembly labor, 0.25 hrs. in the stamping department and 9 square feet of sheet metal. Use Solver's sensiti..
Define what is meant by a "learning Organization", what are its building blocks,
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Let's explore the project manager's role and responsibility a little more. How much responsibility do you think the Project Manager has for project failure or project success? Is it 100% the project manager's responsibility or a combination of reason..
As Walmart moves to phase out its familiar blue-vested “greeters” at some 1,000 stores nationwide,
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As your text describes, ratio analysis is a common technique in financial analysis. One of your colleagues states that a thorough ratio analysis is all that is needed in considering the financial health of a company. Discuss at least three potential..
Describe the strategy that East Asia used from the 1970s to the 1990s to achieve high rates of economic growth.
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Without the knowledge of the population stadard deviation, find the Upper Control Limit and Lower Control Limit of sample means using 3-sigma. Find the Upper Control Limit and Lower Control Limit for the range using 3-sigma.
Assume that a hurricane is approaching the coastal bend area.
Explain the difference between Modernization theory, Dependency theory, and World Systems theory. Then select the theory that “best” explains social change and why.
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