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Burrito King (a new fast-food franchise opening up nationwide) has successfully automated burrito production for its drive-up fast-food establishments. The Burro-Master 9000 requires a constant 45 seconds to produce a batch of burritos. It has been estimated that customers will arrive at the drive-up window according to a Poisson distribution at an average of one every 60 seconds. To help determine the amount of space needed for the line at the drive-up window..
A) What is the average waiting line length (in cars).(Do not round intermediate calculations. Round to 2 decimal places.
B) What is the average number of cars in the system (both in line and at the window)? Do not round intermediate calculations. Round to 2 deceimal places.
C) What is te expected average time in the system, in minutes? Do not round intermediate calcuations. Round to 2 decimal places.
What is the average time spent by each order waiting to be processed? Assume that the orders coming in are either small or large. Small orders are for an average of $500 and large orders are for an average of $5,000
Lauren Moore has sold her business for $500,000 and wants to invest in condominium units (which she intends to rent) and land (which she will lease to a farmer).
Discuss how direct-responce advertising and sales letters can be used to identify prospects.
The second subsystem consists of 5 elements in series every with a failure rate of 1/200. Elucidate what is the overall reliability of the system.
Truckco manufactures two types of trucks, types 1 and 2. Each truck must go through the painting shop and the assembly shop. If the painting shop were completely devoted to painting type 1 trucks,
The actual demand for the patients at Omaha Emergency Medical Clinic for the first six weeks of this year are as follows:
What is Marketing Research? Why do successful firms conduct marketing research for their products/services?
Discuss the importance of designing for profit in product development. What happens when there is distortion in these goals?
The price of each valve is $76, the inventory carrying cost is $5, and the ordering cost is $150 per order. What is the economic order quantity?
Successful human resource organizations comprehend that giving intangible recognition to those organizational members' delivering tangible products to various types of internal and external customers with shifting needs is an effective approach.
You are the captain of basketball team and have to make decision of playing five. Four players are already selected and you have to make decision among three players named Andrew, Jack and Matt. Assume that only one will be selected and others won..
Explain the concept of structural holes and it affects value creation and value extraction. Based on this discussion, determine some of the skills essential to be a successful general manager.
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