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Students arrive at the Administrative Services Office at an average of one every 15 min., and their requests take on average 10 min. to be processed. The servie counter is staffed by only one clerk, Judy Gumshoes, who works eight hours per day. Assume Poisson arrivals and exponential service times.
a. what percentage of time is Judy idle?b. how much time, on average, does a student spend waiting in line?c. how long is the (waiting) line on average?d. what is the probability that an arriving student (just before entering at he administrative services office) will find at least one other student waiting in line?
You look at the Standard Test Procedure (STP) for this Diagnosis-Related Group (DRG) and discover that your hospital's cost is $2,400. Calculated marginal profit for various costing profiles.
What do you think are the most important forces in the external environment creating uncertainty for organizations today?
What is the difference between compensatory damages and consequential damages? Provide at least one relevant example of each that was not included in your textbook.
You have been hired as an analyst at The Witt Company. One of the first tasks you are asked to complete is a monthly report regarding sales projections.
Expando, Inc., is considering the possibility of building an additional factory that would produce a new addition to their product line. The company is currently considering two options.
Why has responsiveness become popular in supply chain strategy also collaboration. Compare also contrast manufacturing also geographic postponement.
The supplier would like to deliver sweatshirts once a week. Explain how much will this price the co-op per yr. Under illustrate what conditions would you agree to the supplier's proposal.
If demand is expected to be 75 percent of current level in 5year and management needs to have a capacity cushion of just 5 percent, illustrate what capacity requirement should be planned.
How can you use the normal probability plot to evaluate whether a set of data is normally distributed and what is the difference between a population distribution and a sampling distribution?
Identify the social benefits deriving from these strategies and the groups that derived these benefits. In your judgment, did the social benefits outweigh the social costs and risks? Explain your answer fully.
(a) Formulate an LP to maximise Dinoco's daily profit. You must list any assumption(s) you have made in your formulation. And, use Management Scientist to find the optimal solution.
Outline the provisions of the Worker Adjustment and Retraining Notification Act (WARN) of 1988 stating its rules, liabilities, and loopholes. Discuss the reasons why this act was considered a giant step in protecting both workers and public intere..
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