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Students arrive at the student services counter at an average of one every 15 minutes. Each request takes on average 12 minutes to be processed. The counter is staffed by only one person and that person works six hours per day. Assume Poisson arrivals and exponential service times.
1.What percentage of the time is the counter person idle?2.How much time, on average, does a student spend waiting in line?
Assuming that the current turnover and profits of both the units are comparable, compare the relative benefits and limitations of Materials Requirement Planning (MRP) for these two businesses.
Do you think small businesses have any opportunity to compete in a global market. Explain how can they improve their success.
a Draw an AON diagram of the project including activity durations and define the critical path, lisitng all critical activities in chronological order
Discuss the concept of the ‘long tail' in relationship to Netflix's business model/strategy and how this concept has evolved with the company's transition to streaming video.
What should marketers consider when pricing products in different locations around the world?
Describe the framework of the general model of planned change. Include a discussion of each activity and a typical sequence of events.
Elucidate how many hrs do you expect the assembly of the 100th unit to take. Is the contract‘s assumption about the average labour hrs per unit valid or should the price be revised.
What factors should Adel consider in deciding whether to use a team for the negotiation? How should Adel decide whom to take to the negotiation? Provide reasons.
The new process would have fixed costs of $90,000, and variable costs of $5. What is the crossover point for these processes? For what range of outputs is each process appropriate?
Explain why a business may decide to seek capital from a foreign investor indicating the risk and rewards for such a decision. Provide support for rationale.
Describe what types of quality management processes might be found in each of the organizational structures.
What is your opinion of Honda's allowed rate and the mechanics' performance?
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