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At a border vehicles arrive at the rate of 9 per minute in a Poisson distribution. For simplicity in this problem assume that there is only one lane and one inspector who can inspect vehicles at the rate of 12 per minute in an exponentially distribution fashion.
1) What is the average length of the waiting line?
2) What is the percentage of the time the inspector is idle?
3) What is the probability that when you arrive there will be four or more vehicles (include the one being inspected ahead of you?
Why is it important to continuously update the implementation and communication of a strategic plan? Who should be responsible for updating and communicating a strategic plan? Why?
Mark Gershon, owner of a musical instrument dis-tributorship, thinks that demand for guitars may be related to the number of television appearances by the popular group Maroon 5 du
Why do some people gravitate toward management jobs as opposed to technical, labour jobs etc.?
A copy machine is always in one of two states, either working or broken. If it is working, there is a 70% chance that it will be working tomorrow. If it is broken, there is a 50% c
A firm uses a serial assembly system and needs answers to the following- a. A desired output of 900 units per shift (7.5 hours) is desired for a new processing system. The syst
There is a fixed cost of$50,000 to start a production process. Once the process has begun, the variable cost per unit is $25. The revenue per unit is projected to be $45. Expressio
Marketing is considered both an art and a science. How do the 4Ps, or marketing mix, help us bridge the gap between art and science? a. Marketing is about advertising.
Consider the following statement: "The essence of project management is risk management." What does it mean in terms of completing a project successfully? Support your response wit
Responsibilities of Operations Managers in Operation Management The responsibilities of operations managers 1. Understand and participate in setting business strategy
When interviewing, why is it important to try to fill in the gaps in a candidate's employment history?
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