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A new office park opened in York, PA and Neve Commercial Bank experience a huge surge in business. The average number of customers arriving per hour TRIPLED (change your lambda value). The bank owner wants to determine the optimal number of tellers to schedule to work.
(g) What is the minimum number of tellers that must be scheduled so the bank remains a FEASIBLE system? Type equation and answer here.
(h) If a bank teller represents a cost of $15 per hour and customer waiting time represents a cost of $20 per hour for each customer waiting in line (not being served, just waiting -- this value was estimated based on the manager’s predicted value of lost customers due to excessive waits), from a quantitative perspective determine how many tellers should Neve Commercial Bank schedule to work on the morning shift. (HINT: Create a cost analysis). Based on your cost analysis and your managerial perspective, what is the number of tellers that you would recommend? Why? Type answer here.
The Navawho Corporation has patented a new type of handheld computer that will compete with Palm Pilots, Blackberries, and Sidekicks.
Electra produces four types of electric motors, each on a separate assembly line. The respective capacities of the lines are 500, 500, 800, and 750 motors per day. Type 1 motor uses 8 units of a certain electronic component, type 2 motor uses 5 units..
Define and explain Duty-Based Ethics and Outcome-Based Ethics. Discuss four features of social e-commerce that are driving its growth. What is stare decisis? What are examples and the importance of stare decisis?
What holidays, religious celebrations or other events should you be aware of that might impact the schedules of those from your assigned country? What is the time difference in this country and how might that impact scheduling as you do business w..
What do you think are the criteria a firm should use to evaluate targets for acquisition and how should a company plan and undertake its merger acquisition strategic initiatives?
Construct the dual problem for this primal problem.
Formulate the linear programming model for this problem providing the objective function and the constraints and the definition of the variables.
Which is not a competitive advantage for an entrepreneurial firm?
If scope, time, quality, communication, human resources, procurements and stakeholder engagement is not properly implemented success of project is at stake.
On the way to Stop&Shop, you buy a lottery ticket and win $100,000. The catch is that the money will be paid to to you in two installments: $50,000 today, and $50,000 at the end of 5 years from now.
What courses in your educational program address the development of communications skills what skills do you think employers are looking for? Do you think there should be more emphasis on communications skills in your degree program?
As Director of your department, keeping up with technology is essential in your job and your department could really benefit from a new tool to make communication more effective. However this is something that you had not anticipated the need or plan..
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