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Case Study: In Starlight Video, an Austin-based 24/7 DVD rental shop, the average rate of customer arrivals is 30 per hour and the standard deviation for the time between arrivals is 2 minutes. The checkout process, managed by a single employee, takes an average of 1.7 minutes per customer, with a standard deviation of 3 minutes. The arrival pattern is consistent throughout the day. The store operates on a first-come, first-served basis, and it is assumed that the queue for the checkout can be infinitely long without customers leaving the line due to impatience.
Question: Given these conditions, what is the average waiting time a customer can expect to spend in line before being served at the checkout? Provide your answer in minutes, rounding to two decimal places if necessary.
Incidence and prevalence are commonly used to measure the existence of disease in a population.
Sales Strategies Why do companies use the sales and marketing strategies they do? How do they reach the desired target audiences? You will explore possible answers to these questions in this Discussion.
The capital budgeting decision techniques discussed so far all have strengths and weaknes Discuss at least two other business valuation models that are popular.
George, a college student, is also a student leader and demands as part of his leadership a full audit of the Finacial Aid office.
michael porter was a business researcher who made popular the concept of a value chain that is common to most business
In your professional experiences, you may have experienced managers that were not great at communicating with you as employees
A firm has a large pool of clerical employees who process insurance application forms. When the firm hires a new clerical employee, it takes that person about 48 minutes to process a form.
A local franchise must buy a new piece of equipment in 5 years that will cost $97,000. The company is setting up a fund to finance the purchase. What will the quarterly deposit (end of each quarter) be if the fund earns 9% interest?
Create a preliminary marketing plan for a business to implement the social media tool selected that demonstrates the use all 4Ps of marketing in her business
Q- How can the knowledge of stakeholder analysis and personas help you better facilitate an effective lessons learned session?
Using consequential, rule-based, and character theories, evaluate Hank’s options.
Do you feel the people left will be comfortable and secure in their positions or do they need a savior to come in and save them?
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