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Question
The task force had found that the peak calling period for Team 1 ran for six hours each weekday, with calls coming in at a rate of about 22.5 per hour. Handling a call involved two steps: first, speaking directly with the customer and second, completing a brief online form to "close" the customer's "trouble ticket." There was significant variability in both steps. The average time talking with the customer was 15 minutes, while closing the trouble ticket took 3.2 minutes. Hence, a technician was busy for 18.2 minutes on average from the time he or she first took a call until he or she was free to take another call. Given the current arrival rate, compute the average wait in queue (minutes on hold) for different staffing levels (specifically, when the number of available agents is 7, 8, 9, 10, 11, or 12).
Felix Navidad, an independent artist, paints large sculptured seasonal-themed figurines for sale during the holiday season. This year he will focus on painting and selling Santa Claus and Reindeer figurines. Each Santa sold will generate a net profit..
A Department store chain has hired an advertising firm to determine the types and amount of advertising it should invest for its stores.
Parke-Bernet Galleries, acting as agent for an undisclosed principal, sold a painting to Weisz.
A narrow scope strategy reduces the risks associated with competition. Extending payments to suppliers is an example of generating funds internally.
Write in detail how the components of organizational structure encourage or discourage employee participation.
Describe any ethical theory applicable to managerial decision making.
Write a report applying two models for strategic planning formulation. You may choose to report on the feasibility of a business you want to start
Define the concept of statistical process control. What is meant by variation in processes?
At what level (Functional/Business/Corporate) is each of the decisions that you identified? Why do you believe this to be the case?
Discuss the concept of inventory in services from both sides - that you cannot have inventory in a service business and that you can have inventory.
What are some current issues facing Australia? What is the climate for doing business in Australia today?
Explain the impact of private equity firm acquisition of manufacturing and retail firms.
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