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A cafeteria serving line has a coffee urn from which customers serve themselves. Arrivals at the urn follow a Poisson distribution at the rate of three per minute.
The cafeteria is considering installing an automatic vendor that dispenses a cup of coffee at a constant time of 15 seconds. If customers still arrive at the same rate, answer the following questions:
How many customers would be in line now?
How many customers would you expect to see at the coffee urn (waiting and being served)?
How long would you expect to wait in line to get a cup of coffee?
How long would you expect it to take to get a cup of coffee total?
WalMart sells computers to the public. WalMart sold and delivered a computer to Jess on credit. Jess executed and delivered to WalMart a promissory note for the purchase price and a security agreement covering the computer. Jess purchased the compute..
it has done in the past without opening itself up to the possibility of insolvency or a significant loss of surplus.”
Since commercial paper is short term and only sold among financial institutions (not individuals) do you all think that the use of commercial paper by companies to finance short term activities is really a practice that can be abused in a way to d..
What steps in the sequential product development process are similar to the concurrent product development process? What steps are different?
Critically evaluation the four job evaluation methods.
In the last few years we have seen many examples of the breakdown between the company governance and stakeholder interests. Do you think these corporate scandals might have been played out differently if the corporations involved had built their busi..
We have talked about input design through form design and discussed data repository design through database design. Now this week we look at outputs such as reports. What are the positive impacts of good reporting and why? What are the negative impac..
A local bookstand believes that the demand for the Olympic edition of a sports magazine is normally distributed with a mean of 1,250 and a standard deviation of 210. The magazine costs the bookstand $1.50 per copy, and the bookstand will sell the iss..
What are the various ways to determine what variables should be included in a multiple regression equation. Compare and contrast the following processes: forward selection, backward elimination, and stepwise selection.
Elon Corporation manufactures parts for an aircraft company. It uses a computerized numerical controlled (CNC) machining center to produce a specific part that has a design (nominal) target of 1.275inches with tolerances of 6 0.024 inch. The CNC proc..
From the vignette, Employee Autonomy: A Little Freedom Goes a Long Way, ascertain the advantages and disadvantages of providing employees with autonomy in their jobs. Select the most enjoyable job that you have had, and think of ways in which that em..
How must an operations strategy integrate with marketing and accounting ?
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