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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.
What percentage of the time is the counter person idle?
How much time, on average, does a student spend waiting in line?
The sample averages and sample ranges are in the table. Construct and plot an X-bar and R-chart using these data. Is the process in control?
Modify the Hoosier Burger context-level data-flow diagram to reflect the changes mentioned in the case. Modify Hoosier Burger level-0 diagram to reflect the changes mentioned in the case.
FV of $800 paid each 6 months for 5 years at a nominal rate of 5%, compounded semiannually. Round your answer to the nearest cent.
Choose one of the network flow models. Describe a situation in which the model you choose could be used.
Promotions shall be made on the basis of qualifications, merit, and seniority. Promotions out of the bargaining unit remain management's prerogative
Assuming stock out costs for lost sales of $ 100 per unit, inventory carrying costs of $25 per unit per month and zero beginning and ending inventory, evaluate these two plans on an incremental basis:
What run quantity should be used to minimize total annual costs? (Do not round intermediate calculations. Round your final answer to the nearest whole number.)
A will make a fixed 7.95 percent payment to B, also B will make a floating rate payment equal to LIBOR to A. Illustrate what are resulting net payments of A also B.
What is the difference between a sale on approval and a sale or return?
Suppose Handi were to procure exclusively from the spot market? What would be his expected procurement cost? What would be his fill - rate in this arrangement? Also, what is the mismatch cost he incurs with this arrangement?
Explain whether the U.S. government should do more to protect consumers or if consumers should become more aware and informed in today's business environment.
Omega's products, Omega and Pete's Digital Products file suits against each other, alleging that each is in violation of the franchise relationship. To decide this issue, what factors should the court consider? How might the parties have avoided t..
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