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Benny the Barber owns a one-chair shop. At barber college, they told Benny that his customers would exhibit a Poisson arrival distribution and that he would provide an exponential service distribution. Benny the Barber is considering the addition of a second chair. Customers would be selected for a haircut on a FCFS basis from those waiting. Benny has assumed that both barbers would take an average of 20 minutes to give a haircut, and that business would remain unchanged with customers arriving at a rate of three per hour.What is the average number of customers waiting?What is the average time a customer waits in line?What is the average time a customer is in the shop?
Let's say your boss develops an EFE Matrix which includes 62 factors. Elucidate how would you suggest reducing number of factors to 20.
Explain why it is important to gain employee cooperation before beginning a job analysis program. Describe other issues and means that can aid in the job analysis process.
Choose the pitfalls in strategic planning that management in an organization should watch out for, or avoid? Identify at least three pitfalls. Response should be at least 200 words in length.
Gregg Company recently issued two types of bonds. The first issue consisted of 20-year straight debt with an 8% coupon paid annually
If you decide to use equity financing, where would you find equity financing? What should you be aware of when using equity financing?
Determine three to five advantages the Buy American Act provides to small or large businesses that sell domestic items.
Draw a sketch of the procurement Importance Matrix and briefly explain the focus/purchasing strategy that should be used
Given the following line balance data: Task Predecessor Time (seconds) t ---- 15 u t 14 v t 7 w u 6 x v 8 y w, x 10 z y 21 Please draw the precedence diagram of the process.
What is meant by mass customization? How can market conditions and consumer desires affect customization?
A University Web server has five main components every with the same reliability. All five components must work for the server to function as intended. If the University wants to have 95 % reliability, Elucidate what must be the reliability of eve..
The local hospital's emergency department has 5 trauma bays. On average, patients requiring a trauma bay arrive every 50 minutes (with a coefficient of variation of 1, no seasonality exists).
What kinds of situations call for the use of oral methods? What situations call for the use of written communication?
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