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The Heart Association plans t install a free blood pressure testing booth at the Palouse mall for a week. Previous experience indicates that, on average, 10 persons per hour request a test and the arrivals are Poisson distributed from an infinite population. Blood pressure measurements are exponential with an average time of 5 minutes per exam.
a. What is the average number of people in line?
b. What is the average number of people in the system?
c. What is the average amount of time a person can expect to spend in line?
d. What is the average amount of time it will take to measure a person's blood pressure, including waiting in line?
e. What is the probability of having 3 people in line ?
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We define strategic management as "consisting of the analysis, decisions, and actions an organization undertakes in order to create and sustain competitive advantages." We believe this definition captures two main elements of the field of strategic m..
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