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A drug store has two windows available for serving customers, who arrive at a Poisson rate of 40/hr. Service time is exponentially distributed with a mean of 2 min. Only one window is open as long as there are three or less customers in the shop. An identical server opens a second window when there are four or more customers in the shop. The manager of the shop helps the two attendants when there are six or more customers in the shop. When the manager is helping, the mean service time for each of the two servers is reduced to 1.5 min. The shop cannot legally hold more than 20 customers. Use the general birth-death process to determine 1) the expected number of customers in the shop 2) the probability that the manager will be helping serve customers and, 3) the probability that the store is full.
States the numerical flexibility workforce? Numerical flexibility allows a firm to adjust quickly to changing levels of demand through increasing or decreasing the number of
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Prob: The 21st Century Studios is about to begin the production of its most important (and most expensive) movie of the year accepted#
Of all the advantages of franchising, which one would appeal to you as an entrepreneur? Which disadvantages would you dislike the most and why?
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Discuss Michael Porter's Competitive Forces Model. Provide examples to illustrate your points.
Definition of a Project" •According to the Project Management Body of Knowledge (PMBOK), explain one of the major knowledge areas and why it is important to project management. Eva
Do you believe that MBO is appropriate for an organization where the primary output is innovation? If not why not? If so, how would you apply MBO to improve the innovation process
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