distributed exponentially and the arrival rate follows a Poisson distribution. a. What is the average number of trucks and the average time per truck in the system? b. What is the probability that more than 3 trucks are in the system? c. The farmers use the storage bin only for 2 weeks per year. They estimate that enlarging the storage bin would speed up the unloading process. The estimated unloading time is 80 seconds on average‚ distributed exponentially. It will cost $9‚000 for the expansion
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Maslow’s theory suggests that individuals seek to meet specific needs in their lives and will take measure to achieve those needs. Working is one way for it fulfils the social‚ safety and esteems needs in the hierarchy. The Remington Hotels can seek to create a reward system that considers the various needs of its employees such as job security through membership and promotions to meet social need such as status. A reward system will help attract and retain highly skilled workers. Appendix 2 shows that
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Product For years‚ Apple was considered as a computer manufacturer that creates products aimed at individuals who are “different‚ hip and imaginative. Both Apple’s computers and the brand name itself are successfully marketed all around the world. In recent years‚ Apple diversified it product mix by introducing new line of products to keep up with the competitive consumer electronics market. The iPod‚ a portable music player was the first product range that was launched to compete in the portable
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CSR Apple is making genuine strides in the direction of environmental friendliness by designing for energy efficiency‚ reducing packaging‚ and using recycling materials. Its websites also releases an extensively breakdown of company’s annual corporate carbon emissions. Apple says it emits 10.2 million tons of carbon emissions annually. Meanwhile‚ HP says it releases 8.4 million tons annually and it was just named the best S&P companies for the planet by Newsweek. Dell came in second and
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Background of the Study Apple had gained wide popularity and success in our neo-technological era with full of advancements. It all started on April 1‚ 1976‚ when Apple Company was founded by Steve Jobs and Steve Wozniak and the company was incorporated on January 3‚ 1977 in Cupertino‚ California and released Apple I‚ their first company product. After 4 years of hardship and magnificent inventions‚ On August 12‚ 1980‚ According to the Financial Times Magazine they cited that the “Apple Computer was the
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the brand. Therefore the aim of this assignment is to illustrate how a chosen company has built Brand Equity instilling awareness‚ reputation‚ loyalty and prominence in the marketplace. My choice of brand for evaluation is Apple as it’s a really powerful brand and as an Apple advocate I feel the overwhelming presence of the brand in all my technology based purchases. Brand Management Defined In simple terms Brand Management is the art of creating and maintaining a brand. If we explore further we
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Framework: Apple Inc. Shashank Jadhav M.Pharm + MBA (Pharmaceutics) Mumbai Batch Roll No. A016 Marketing Strategy ( Minor Assignment) MARKETING FRAMEWORK: APPLE INC. Few days back there was buzz all around the world because of Apple’s announcement of its new smartphone. It’s the usual way of Apple to launch a new product in market. Creating hype of the product in market as soon as idea is generated and make people wait ‚ make them discuss about product and always surprise customers with innovative
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Assignment #1: Company Background 1. FIRM NAME: Apple Inc. 2. HEADQUARTER LOCATION: 1 Infinite Loop CUPERTINO‚ CA 95014 United States Phone: +1-408-996-1010 Fax: +1-408-996-0275 Website: http://www.apple.com KEY EXECUTIVES Name | Since | Current Position | Arthur Levinson | 2011 | Independent Chairman of the Board | Timothy Cook | 2011 | Chief Executive Officer‚ Director | Peter Oppenheimer | 2012 | Chief Financial Officer‚ Principal Financial Officer‚ Senior Vice
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Abstract Apple Inc. (previously Apple Computer‚ Inc.) is an American multinational corporation that designs and markets consumer electronics‚ computer software and personal computers. Apple currently has 246 retail stores located in 44 states that employs over 27‚000 retail employees. Apple also employs over 304‚000 U.S. individuals from development to transportations. As of September 11‚ 2012‚ Apple is the largest publicly traded company ever. Apple has established a unique reputation in the
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Describe at least two strategies for effective time management To ensure effective time management‚ work spaces should be kept neat and organised‚ if tidy and methodical then time will not be wasted on searching for resources and information You should also take advantage of delegation. Delegation happens when you give one of your staff members a task to complete which‚ currently‚ you undertake. This ensures that managers can get on with more important tasks‚ it will allow subordinates to develop
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