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A TV repairman finds that the time spent on his jobs has an exponential distribution with mean 30 minutes. If he repairs sets on FCFS basis and if the arrival of sets is with an average of 10 per 8 hour a day.
a) What is the repairman's expected idle time each day?
b) What is the average number of sets in the system?
In what ways do the Sears’ story and the three stories about Amazon illuminate the key ideas of “ marketing ” as defined by Drucker?
Citynet argued that the plan was not a contract but a discretionary bonus over which Citynet had sole discretion.
Have you ever encountered a Filter Bubble? Do you think companies like Facebook and Google have a civic responsibility in this area?
Flying Lukas needs to check in at Philadelphia Airport to take his US Airway flight to Boston. What is new average inter-arrival time at a self-service counter?
What is the EOQ for fiber glass and reinforced plastic. What is the periodic interval that orders have to be made for both raw materials (in days)? Do you think they could share delivery trucks. What is the optimum annual cost for fiber glass and rei..
A European Union without borders? After accepting ten new members in 2004 another two in 2007 and one more in 2013 EU is experiencing severe integration problem
Sally was recently given feedback from her boss that the content of her quarterly financial presentation is excellent; however, she really needs to work on the "execution." Which of the following aspects of communication effectiveness is Sally’s boss..
"Deming". "Manufacturing Utilization". "Company Utilization".
Contrast the dynamics between dominant cultures and subcultures either in a work setting or in society. Explain why it is important to understand the impact of culture.
Discuss one characteristic or measurement for improvement i.e a metric that every Lean (principal) transformation should entail.
Supplier. The retailer’s demand over an 8-week period was 100 units each of the first 2 weeks, 200 units each of the second 2 weeks, 300 units each of the third 2 weeks, and 400 units each of the fourth 2 weeks. What is the bullwhip measure for the r..
How would you assess the current political, economic, technological, and cultural climates right now? Is it a good time to start up an entrepreneurial venture?
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