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Last National bank is concerned about the level of service at its single drive-in window. A study if customer arrivals during the windows busy period revealed that on an average, 20 customers arrive every hour, following a Poisson distribution. The customers are given a FCFS service which requires an average of 2 minutes and follows a Poison distribution. Based on the information above, determine,
a. Mean arrival rateb. Mean service ratec. Average number of customers waiting in the queue
What is the production (output per hour) for each alternative? What is the productivity (output per labor hour)? b. How long would it take to complete 1,000 projects with each alternative? What is the labor content (total number of labor hours) fo..
Assume a multiplicative decomposition model. If the expected trend for December is $900, also the median seasonal adjustment is used; illustrate what is the forecast for December.
You are a consultant called in to estimate the costs after the employees learn how to do a job more efficiently by repetition of new product. You find a company can produce a product the first time at a cost of $5,000.
Assume that Z is made of two units of A and four units of B. A is made of three units of C and four of D. D is made of two units of E.
Who are the key stakeholders of Global Green USA? as an advisor to its CEO, Matt Peterson, what would point some possible conflicts among the key stakeholders interests and what steps would you recommend that he takes to best deal with them?
What does your strategic group map of the energy drink, sports drink, and vitamin-enhanced beverage industry look like? Which strategic groups do you think are in the best positions? The worst positions?
Illustrate what are its chief elements also characteristics of Wal-Mart culture. Why does culture seem to be so much stronger in Bentonville than out in stores.
Illustrate what factors must be considered in assessing legal sufficiency of an offer, acceptance and consideration in determining whether a contract is enforceable.
purchase new equipment at a net fixed cost of $63,000. If the firm chooses to make modifications, variable materials and labor will be $27.0 per board. What is the minimum sales quantity that would justify the purchase of new equipment
Why do you think these beliefs persist? In what ways is the use of the trait approach helpful to those who use it? In what ways is it harmful to those who use it?
Imagine that you are beginning the very first social networking site, fast-food restaurant, or pizzeria, and develop a brief business plan that highlights the financial, marketing, and organizational aspects.
While the ReadyMade magazine was still in the design stages, very little research was done to determine whether an interested market existed.Explain whether and how this adversely affected the magazine as it moved forward to publication.
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