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Suppose a car rental agency in large city has three locations: a downtown location (labeled A), an airport location (labeled B), and a hotel lecation (labeled C). The agency has a group of delivery drivers to serve all three locations. Of the calls to the downtown location, 30%are delivered in the downtown area, 30% are delivered to the airport, and 40% are delivered to the hotel. Of the calls to the airport location, 40% are delivered in the downtown area, 40% are delivered to the airport, and 20% are delivered to the hotel. Of the calls to the hotel location, 50% are delivered in the downtown area, 30% are delivered to the airport area, and 20% are delivered to the hotel area. After making a delivery, a driver goes to the nearest location to make the next delivery. This way, the location of a specific driver is determined only by his or her previous location. (A) Give the transition matrix. (B) Find the probability that a driver who begins in the downtown location will be at the hotel after two deliveries. (C) In the long run, what fraction of the total number of stops does a driver make at each of the three locations?
Consider the following inventory management scenario: Our bottling plant uses approximately 1000 plastic bottlesper day (normally distributed), while daily usage has a standard deviation of 70. Order lead time is 2 days (constant). What is the averag..
They felt that if the money was invested in stocks it might return higher than 10%, and it could be lower as well. So to help account for the potential variability in the investment returns John and his friends came up with a plan
Nucor Steel, which has an operation in Auburn, New York, is an enigma of sorts. It has the highest paid employees in the steel industry. At the same time it has the lowest labor costs per ton of steel produced than any other player in the industry. H..
A produce distributor uses 710 packing crates a month, which it purchases at a cost of $10 each. The manager has assigned an annual carrying cost of 35 percent of the purchase price per crate. Ordering costs are $28. Currently the manager orders once..
Develop a 600- to 750-word overview of a disaster response and business continuity plan for your selected organization, from the role of a security or safety administrator.
What are the reasons for the American Red Cross's ethical dilemmas, and how can the organizational guarantee that these problems will not recur in the future?
As consumer when we think about Logistics and Transportation, are they the Same or different especially when we think about supply chain?
Monique Kazer spends quite a bit of time on the road in her job as a salesperson for a company specializing in audiovisual equipment for convention hotels and centers. She works long hours, often dines late at night, and returns to her lodging place ..
Use the specific example of Iraq and research the type of boundaries that Iraq has with each of its neighbor countries. Discuss the factors that either impede or encourage the diffusion of technology with each of its neighbor cultures
To what extent should end users be involved in the design of a database? How have our ideas of agile development environments affected this traditionally non-user input environment?
the expected benefit of selecting machine B is $80,000 with a probability of 50percent also the expected benefit of selecting machine C is $60,000 with a probability of 75percent.
explain how the concepts from lockes goal setting theory can be incorporated into vrooms expectancy theory. explain how
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