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In the past few years, the traffic problems in Lynn McKell's hometown have gotten worse. Now, Broad Street is congested about half the time. The normal travel time to work for Lynn is only 15 minutes when Broad Street is used and there is no congestion. With congestion, however, it takes Lynn 40 minutes to get to work. If Lynn decides to take the expressway, it will take 30 minutes regardless of the traffic conditions. Lynn's utility for travel time is: U (l5 minutes) = 0.9, U (30 minutes) = 0.7, and U (40 minutes) = 0.2. (a) Which route will minimize Lynn's expected travel time? (b) Which route will maximize Lynn's utility? (c) When it comes to travel time, is Lynn a risk seeker or a risk avoider?
Explain Sources of Manpower Recruitment. Sources of Manpower Recruitment: (i) From in the Company The sources of manpower recruitment for any company are as following
What are the disadvantages of lean production? Disadvantages of lean production are as illustrated below: • Incessant cost of investment within retraining displaced or reass
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minimise the operation procedure
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The following table lists a set of nine activities with their sequence requirements and estimated activity times.A,B,C,D,E,F,G,H
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Job Alpha Beta R 8 7 S 9 4 T 7 9 U 3 4 V 12 5
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