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A toll tunnel has decided to experiment with the use of a debit card for the collection of tolls. Initially, only one lane will be used. Cars are estimated to arrive according to an Poisson distribution with a mean rate of 700 vehicles per hour. It will take exactly five seconds to verify the debit card.
How much time would you expect the traveler to wait in line, pay with the debit card, and leave?
How many cars would you expect to see in the system?
Explain the strategic management process. In other words, imagine yourself being hired to run a company that has recently been taken over. It is your job to direct the new strategic management process for the company. Where do you begin and what tool..
The accountant for Crusoe Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: Retained earnings balance at the beginning of the year $126,000 Cash dividends declared for t..
Under the Digital Millennium Act, online service providers, such as universities, can avoid liability if they take certain steps specified in the Act. These include cases when the university has been informed of an infringement, shuts off access to t..
Identify the five forces that help evaluate a firm`s competitive position in light of the structure of its industry. Which one is the most important to a firm and why?
Imagine you are considering opening a business. Share the type of business you would open. Then, create a list of the five (5) most significant risks that you must address prior to making your decision regarding the viability of your venture. Justify..
Imagine a business that you would like to start and that it is at the stage of adding one or more employees. In a minimum of 2-3 pages, complete or answer the following
How has technology affected Customer Relationship Management? As a manager of a small business name and describe the technology that you would use to stay in contact with your customers (without you spending all day in front of the computer sending o..
Should an organization always adopt a broad stance on social responsibility? Explain how you agree or disagree with this question and why you have this perspective.
Identify the value chain relationships that exist for Johnson & Johnson. Consider whether there are cross-business opportunities for (a) transferring competitively valuable resources, expertise, technological know-how and other capabilities, (b) cost..
Which of the following statements concerning resource flexibility is best?
Research-based effective strategies. It is very important to investigate or absorb how different research discipline can differ from one topic to another and be able to fit in all in one standard format or way that can help me in improving my rese..
BlueBolt Bottlers has a bottle-filling process with a mean value of 64 ounces and a standard deviation of 8 ounces. Suppose that the upper and lower tolerance limits are 71 and 57 ounces, respectively. a) What is the process capability ratio? b) What..
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