according to a Poisson process with an average inter-arrival time of 12 minutes. The time to complete a return for a customer is exponential distributed with a mean of 10 minutes. Based on this information‚ answer the following questions a. If you went to Judy‚ how much time would you allow for getting your return done? b. On average‚ how much room should be allowed for the waiting area? Lq= c. If Judy stayed in the office 12 hours per day‚ how many hours on average‚ per day‚ would she be busy? 12*5/6=10hr
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the sample. In determining the volume‚ four techniques can be used – measuring through graduated cylinder (direct measurement)‚ measuring the length‚ width and height‚ measuring the circumference‚ and lastly‚ water displacement. All except the first method for
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Case 11 Teaching Note Gap Inc. in 2010: Is the Turnaround Strategy Working? Teaching Outline and Analysis 1. What does a five-forces analysis reveal about the strength of competition in the U.S. family clothing stores industry? In leading the class discussion of the five-forces analysis‚ we encourage you to direct the attention of students to Figures 3.3‚ 3.4‚ 3.5‚ 3.6‚ 3.7‚ and 3.8 in Chapter 3 to support their analysis. 11-1 Case 11 Teaching Note Gap Inc. in 2010: Is the Turnaround
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000 for all four years. The grand total is $331‚200. Not only do vets have a lot of school to go through‚ but they are supposed to intern for at least one year. Most of the time‚ interning will open the doors to higher paying jobs in the future. On average‚ veterinarians make about $93‚438 a year. Even though it will take a long time‚ becoming a vet has always been my dream. This year‚ I was introduced to a job I quickly became interested in. During Career Day‚ a graphic designer came to speak to
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The Dow Jones Industrial Average: What is it and where did it come from? Logan B. Bryant Dr. Ritchie – ABUS 478 University of South Carolina – Aiken Spring 2009 Dow Jones & Company (as it was called in the beginning) was founded in 1882 by Charles Henry Dow‚ Edward Davis Jones‚ and Charles Milford Bergstresser in a small basement office at 15 Wall Street in New York (dowjones.com). In May 1986‚ editor of the Wall Street Journal and founder of Dow Jones & Company‚ Charles Dow‚ first formulated
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Case summary: MRC‚ Inc. is a Cleveland based manufacturing company specialized in power brake systems for trucks‚ buses‚ and automobiles; industrial furnaces and heat treating equipment; and automobile‚ truck and bus frames. As till 1957 most of MRC’s sales were made to less than a dozen large companies in the automotive industry‚ it was exposed to the risk inherent in selling to a few customers in a very cyclical and competitive market. To minimize the risk and to explore new business opportunity
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Nike Inc.‚ Cost of Capital Dr. Romer Finance 3613 By: Joseph White Michael Parker NorthPoint a mutual-fund-management firm is contemplating adding Nike Inc. stocks to its Large-Cap Fund. Kimi Ford a portfolio manager for NorthPoint has developed a discounted-cash-flow forecast to help make the decision. Kimi comes to the conclusion that Nike is overvalued at its current price of $42.09 with a 12 percent cost of capital that she estimated. To determine if her estimation is correct about
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| TRENDSETTERS INC. Term sheet Negotiations | Entrepreneurship and Venture Capital | | | Introduction: Trendsetter Inc. was formed by Wendy Borg and Jason Kushdog‚ the CEO and the COO respectively‚ in March 2000‚ to deliver innovative warehouse and distribution management software program for clothing retailers. The “founders” started the firm after quitting their respective jobs and decided to pool in their savings in the firm. The software produced by the firm would contain a demand
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Medical School Average MCAT Scores and GPA These figures were taken from the 2008-2009 edition of the Medical School Admission Requirements book‚ published by the AAMC. You can order a copy at www.aamc.org. Students should not choose to apply to schools solely based on average GPA and MCAT scores! It is important that you also look at curriculum‚ opportunities outside of the classroom‚ geographical considerations‚ match to the school’s mission‚ etc. Be certain that you investigate whether a public
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It has been a great discussion in the social sciences that how a past event can be transferred into today’s world. The debate predominantly focuses on the question of should the social scientists use the method of natural sciences or do social sciences have different set of methodologies. Along with that the place of the historical agency and his/her self-understanding is also quite debated issue in the social sciences. Which one should be trusted? Should we stick to the explanations of the historical
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