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Customers arrive at Paul Harrold's Styling Shop at a rate of 3 per hour, distributed in a Poisson fashion. Paul can perform haircuts at a rate of 5 per hour, distributed exponentially.
Find the average number of customers waiting for haircuts.
Compute the annual total cost (i.e. the Purchase cost + Ordering cost + Holding cost). (Please read the question more than once)
how the attributes of a project team are important in these assignments. In at least 200 words, provide a comprehensive answer using your reading, knowledge and experience.
A robotics industry has hired a consultant to help apply advanced manufacturing techniques to increase profits.
Managed care is a complex system involved in the financing and delivery of health care. The main goals of this system are to control access, quality, and cost of health care.
Illustrate what is the break-even point. Explain how many units must be sold to make a profit of $6000.00. Explain how many units must be sold to average $25 profit per unit? $50 profit per unit? $150 profit per unit.
Explain Non-negativity constraints - restrict the decision variables to zero. restrict the decision variables to positive values
Average demand for one item is 40 units per day, and the standard deviation of demand is 3 units per day. Determine the optimal order quantity when there are 42 units of inventory on hand at the time of ordering.
Expected annual volumes expected to be shipped through three warehouses is forecast to be 20 million units through A, 100 million through B also 50 million through C. Utilizing centroid method, approximately illustrate what should coordinates of n..
1. Why is it impirtant for pay to be externally fair? 2. Why is it important for pay to be internally fair? 3. What should Costa Vida's compensation strategy look like?
George Johnson recently inherited a large sum of money; he wants to use a portion of this money to set up a trust fund for his two children.
How many DVDs should Blockbuster order and what is its expected profit and what is the profit that the studio makes given Blockbuster's actions?
One of the most important outputs from the plan procurement process is the procurement statement of work (SOW). Who should write the SOW? How detailed should it be? Why is this important?
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