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One can use a number of equations to analyze a queuing system (e.g. average waiting time, average length of the queue, etc). Given this, why might someone develop a simulation to analyze a queuing system? a) Simulation provides more exact figures compared to the equations.
b) Simulation presents the optimal solution.
c) Simulation can provide the variability of outputs as opposed to just averages.
Select one commandment of implementing change. What is its impact on the ability of an organization to respond rapidly to market conditions?
The Bouchard Company's EPS was $5.39 in 2005, up from $3.08 in 2000. The company pays out 35% of its earnings as dividends, and its common stock sells for $38.
Ben would like to use an inventory system which minimizes inventory cost also will satisfy 95 percent of his customers who order this wine. Illustrate what is economic order quantity for Ben to order.
What are the advantages and disadvantages of competitive rivalry? How can a company use competitive rivalry to its advantage? Provide clear examples.
Describe in detail the appropriate relationship between authority and responsibility in proper delegation. Concerning authority and responsibility.
Comment on two recent Wal-Mart initiatives from the standpoints of: a) Strategy and b) PR
Is there something unethical about using cost-benefit analysis? As a society we often perform cost-benefit analyses involving lives.
draw a graph illustrating the crossover (or indifference) point
Griffin cites that there are four methods of reinforcement to maintain proper behavior at the work place. What are they and are they used at your current/former workplace? Which of the four do you believe are the most effective. Explain.
If a corporation is incorporated in Deleware, has its main office in New York, and does business in California, but the presedent lives in Connecticut, in which state or states can it be sued?
You have conducted a zone of tolerance analysis for a local car wash. You find that the length of the reliability and responsiveness boxes are much greater than those of the other three service quality dimensions.
How long would it take to complete 1,000 projects with each alternative? What is the labor content (total number of labor hours) for 1,000 projects for each alternative?
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