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Benny the Barber owns a one-chair shop. At barber college, they told Benny that his customers would exhibit a Possion arrival distribution and that he would provide an exponential service distribution. His market survey data indicates that customers arrive at a rate of 3.0 per hour. It will take Benny an average of 10 minutes to give a haircut. Based on these figures, find the following:
The average time a customer waits. (Round answer to 2 decimal places.)
If it wants to be more competitive with the pepsi, why doesnt coca -cola simply increase walmarts margin on powerade?
Post your responses to the following statements on the discussion board. If appropriate, include personal experience as part of your answers. Identify and describe a hypothetical scenario for which a routine or positive business message is appropriat..
Compare and contrast the I/O Model of Above-Average Returns with the Resource-Based Model of Above-Average Returns. These models challenge the manager to seek out the greatest profit potential and then learn how to use their resources to implement va..
What are the requirements and implementation strategies for a human resource information system (HRIS)?
Discuss the process of setting up a closely held corporation. Also discuss advantages and disadvantages of the closely held corporation. Discuss antitrust laws and their relationship to Major League Baseball. Why is this anomaly present and will it c..
Birdkeeping and Lung Cancer— A Retrospective Observational Study A 1972–1981 health survey in The Hague, Netherlands, discovered an association between keeping pet birds and increased risk of lung cancer. To investigate bird- keeping as a risk factor..
Describe the components that made the American Federation of Labor more successful compared to previous labor unions.
Create your own assumptions using the information presented to evaluate Greenly’s and recommend an action plan / strategies for growth.
Which of the following limitations of the trait approach does Tian's story highlight?
Describe how technology is changing the face of businesses today. Describe the most critical business processes that utilize information systems in your selected company.
Discuss and distinguish among joint tenancy with the right of survivorship, tenancy in common, and tenancy by the entirety. Is one form of ownership more advantageous than the others? Explain.
Ending inventory calculated at the closing of an accounting period is also the
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