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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 10 munutes to give a haircut, and that business would remain unchanged with customers arriving at a rate of three per hour. a. what is the average number of customers waiting? b. What is the average time a customer waits in line. c. what is the average time a customer is in the shop?
Annual holding cost is $3 per slicon chip. The optimal ordering quantity is 1600 chips per order. What is the assumed ordering cost, i.e. S ?
Some rules for instituting small wins are (1) keep track of the changes you are making, (2) forget the small gains you have made and focus on what is next, and (3) find other small things to change and change them, Which are correct. Which are correc..
the super discount store open 24 hours a day every day sells 8-packs of paper towels at the rate of approximately 420
The problem should be relevant to an area of business or management that can be studied through critical reading and research.
Please discuss why F. Herzberg argued that ‘satisfiers’ do not provide motivation and why the ‘motivators’ are more related to the Business Case than are the ‘satisfiers.’ Also, please include ‘self-determination theory,’ ‘comparative evaluation theo..
High levels of perceived corporate misconduct decreases customer trust. Corporate culture can be defined as a set of values, norms, and artifacts, including ways of solving problems that employees of an organization share. Executive compensation can ..
What are the risks and rewards of changing from a current supplier to a new supplier ? How can you balance these risks and rewards?
Statistics for Managers, Several statistical tests have a way to measure effect size. What is this, and when might you want to use it in looking at results from these tests on job related data?
What important organizational activities enable a firm to build quality into its products? Explain each of these along with its benefits. give references.
Jorge Steer was a member of Cows’r’us, a member-managed LLC that bred and sold beef cattle. Steer was the most active of the member-managers, negotiating contracts with breeds, feedlots and banks on behalf of the LLC. Was Steer personally liable on t..
Environmental law is both federal and state-controlled. Discuss the effect on state regulations if the federal government, through the Environmental Protection Agency, changes the standards for air pollution and carbon dioxide emissions.
Phelps Petroleum Company must decide between two methods of processing oil at a refinery. Method 1 has fixed costs of $22000 for depreciation
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