Problem 1 A gas station with only one gas pump employs the following policy: if a customer has to wait‚ the price is $3.50 per gallon; if they don’t have to wait‚ the price is $4.00 per gallon. Customers arrive according to a Poisson process with a mean rate of 20 per hour. Service times at the pump have an exponential distribution with a mean of 2 minutes. Arriving customers always wait until they can by gasoline. Determine the expected price of gasoline per gallon. Problem 3 The Old Colony theme
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many problems. Telstra is following Classical approach of management as it seeks to achieve effectiveness by focusing on task efficiencies i.e. focusing on their next G wireless broadband and not on external stakeholders (Schermerhorn‚ Davidson‚ Poole‚ Simon‚ Woods‚ Chau‚ 2011‚ pg. 183). Telstra needs to use more humanistic or contingency approach of planning. This report will argue the need for Telstra to use more contingency approach of planning to regain its market dominance. • Problem Identification
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Problem 1 On January 1‚ 2008‚ Arlo Company purchased the following two machines for use in its production process: Machine A: The cash price of this machine was $55‚000. Related expenditures included: sales tax $2‚750‚ shipping costs $100‚ insurance during shipping $75‚ installation and testing costs $75‚ and $90 of oil and lubricants to be used with the machinery during its first year of operation. Arlo estimates that the useful life of the machine is 4 years with a $5‚000 salvage value
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When looking around the world today at our global civilization there are many problems that leap to our attention and everyone has a vested interest‚ one such example is food. Science has been tinkering with nature for the past one-hundred years trying to come up with solutions to help fight famine‚ and as a result‚ man made products have created ever more problems. The easiest way in which an individual or individuals can create change is to effect change in their local communities‚ so others can
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All over the world‚ the principal initiative most find themselves concerned with has much to do with the control of money. Particularly in America‚ quandaries often arise as citizens and officials make fundamental efforts to improve society in due course. Numerous articles found in the New York Times have profoundly demonstrated how issues that continue to emerge can promptly be restored with a budget extension. Articles dated only days apart‚ “Treatment‚ Not Jail‚ for the Mentally Ill”‚ “Many weight-loss
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Answer 7. The Taguchi Loss Function for PlataLimpia‚ Inc. part is: L(x) = k (x - T)2 $15 = k (0.025)2 k = 24000 L(x) = k (x - T)2 = 24000 (x - T)2 8. A team was formed to study the dishwasher part at PlataLimpia‚ Inc. described in Problem 7. While continuing to work to find the root cause of scrap‚ they found a way to reduce the scrap cost to $10 per part. a. Determine the Taguchi loss function for this situation. b. If the process deviation from target can be held at 0.015 cm
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CASE PROBLEM: President’s Advisors President gets advice from his pool of advisers every time he needs to make a decision. He has 13 top advisers that he really relies on. But if all of them are involved in any decision‚ they always end up in an argument where more often than not‚ the final decision is not achieved. To resolve this‚ a scheme was devised where only 5 of the 13 will be randomly chosen to decide on a certain matter. They achieved this by having the 13 advisers arrange themselves
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Problems at JetBlue On February 14‚ 2007‚ JetBlue’s lack of preparation and poor management decisions caught up with them. They faced a disastrous turn of events that most businesses anticipate and prepare for. Most businesses plan for worse case scenarios and have contingency plans in place to address those problems should they arise. It is imperative‚ for airlines in particular‚ to have contingency plans and be well prepared in case of any and all emergencies. JetBlue’s operations and policies
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Censorship for the Sake of the Next Generation Jake Seyfried Germanna Community College Abstract This paper explores the problems with the lack of censorship in today’s culture; problems such as the ease of access to mature content and parental guidance are looked at in regards to censorship. Recent events and articles that suggest there are short comings in the entertainment industry as well as in the parents. This paper concludes that a consensus between the entertainment industry and parents
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Parental Responsibilities In The Upbringing Of Their Children By Ven. Dr. K Sri Dhammananda Parenting is not like any other 9 to 5 job. It is never ending and there is never enough time to do everything. No matter how old your baby is‚ newborn or toddler‚ it is never too late to put your baby first and enjoy being a mum or dad. Many parents think that they alone know what is best for the children and therefore expect too much from them. They force their children into tuition classes even though they
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