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Messages are transmitted from low speed terminals and arrive at a message concentrator at a Poisson rate of 600/hr. They are held in a buffer until a hi-speed trunk line is free to transmit them. The trunk line transmission time is exponential with a mean of 30 secs. Determine the smallest integer number of trunk lines needed so that tq the waiting time in the queue satisfies the relation t P[tq < 60 sec.]> 0.95, i.e., the probability exceeds 95% that the time the message spends in the buffer is less than 60 sec. Compute L and Lq for the number of trunk lines you determined
Ski Boards, INC., wants to enter the market quickly with a new finish on its ski boards. It has three choices: (a) refurbish the old equipment at a cost of $800, (b) make major mod
Hello Sir, This is Riddhi Trivedi I, am Faculty of Commerge and Management. Subject is there Materials & Production Management, but i want a perfect reference book where i get all
Consider the job of a customer service representative who fields telephone calls from customers of a retailer that sells online and through catalogs. What measures can an employer
You buy a 5 year bond with a 8% coupon rate, a YTM of 8% and a $80,000 face value. What will your annualized holding period return (HPR) on this investment be if you hold the bond
The Scott Corey accounting firm is installing a new computer system, and several things must be done to make sure the system works properly. The following table provides informatio
Cunningham Performance Auto, Inc., modifies 375 autos per year. The manager, Peter Cunningham, is interested in obtaining a measure of overall performance. He has asked you to prov
A production process is known to produce a particular item in such a way that 5% of these are defective. If two items are randomly selected as they come off the production line, wh
discuss the advisability using modular assemblies in manufacturing or what are the advantages and disadvantages?
Describe the four-step framework for one-to-one marketing that can be adapted to CUSTOMER RELATIONSHIP MANAGEMENT marketing?
What are the three basic financial statements, and what major information does each contain? If you were planning to invest in a company, which of the three types of financial stat
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