Poisson in nature). The crew can service an average of 8 machines per day‚ with a repair time distribution that resembles the exponential distribution. a. What is the utilization rate for this service? b. What is the average downtime for a machine that is broken? c. How many machines are waiting to be serviced at any given time? d. What is the probability that more than one machine is broken and waiting to be repaired or being serviced? ( that is the probability of more than one machine being
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1. What issues would you take into account? The stakeholders welfare‚ responsibility towards the society (in this case it can be identified as United States or as broad as the global inhabitants) which includes environmental issues‚ and also the ethics. For sure one more important issue is profitability or survivability of the firm. All of the issues mentioned earlier may be thought of as means for ensuring the long-run success of the company. 2. What major sources of uncertainty do you face
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How do people make judgements and decisions? Decision and judgment-making are normal human activities and people make a high number of these every day‚ so you could assume that psychologists have been studying this area for many years but it wasn’t until the 1950’s that psychologists began their exploration into this subject. Behaviourism set the belief that psychology should be scientific and objective and should observe similar criteria to the natural sciences. The mathematicians and economists
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Values and Ethical Decision-Making at Apple‚ Inc. Malika Hobeheidar‚ Lindsay Norwood‚ Jeff Isaacson‚ and Harold Peterson University of Phoenix Values and Ethical Decision-Making Compared with Apple‚ Inc. The values people choose and the ethical decisions they make in business will be an important part of their business experience. The way in which values and ethical decision-making are practiced compared to that of Apple‚ Inc. will be the focus of the following information. Furthermore
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What is Primary Research? Primary research is information that you have collected yourself. It can be in many different forms including: surveys‚ interviews‚ focus groups and observations. The key to primary research is that you design and analyse the research yourself (Grellier & Goerke. 2010. Pg. 29). The best programs for children happen when teachers obtain their ideas not only from their own expertise and experiences but also from children’s interests expressed and observed‚ parent’s ideas
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What does it mean to be an American? There are many meanings on what it means to truly be an American. Including‚ how this identity as an American has changed overtime from the past to present day. A specific value that I strongly agree with is “Opportunity” and that every single person on this earth deserves a chance. To begin with‚ an example of what it truly means to be an American from the past‚ the article “Lincoln’s Gettysburg Address” and how Lincoln wrote a speech proclaiming his respect
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that her car would break down five hours later in a beach town called Treasure Town. She initially meets two men‚ mechanics who are very attractive but keep their distance‚ when she’s told her car isn’t worth fixing she must make some decisions on where to go and what to do. Getting a job in the local hang out spot just sort of happened.
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of users in making economic decisions." What is meant by saying that accounting information should be decision useful’? As stated in the AASB Framework‚ financial statements play an utmost important role to a variety of users‚ which mainly consist of the investors‚ employees‚ lenders‚ suppliers and other trade creditors‚ customers‚ governments and their agencies‚ as well as the public‚ in making vital financial decisions. For accounting information to be decision useful’ to this groups of people
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Career Exploration Plan Example This is a sample only. You may refer to this example as a guideline as you complete your worksheet‚ but use your personal information to complete the worksheet. Section 1: Career Research Results Careers and degrees I’m interested in|What I know about these careers and degrees|What I need to know about these careers and degrees| Business and management|University of Phoenix has a associate of arts with a concentration in accounting. |What specific skills do I
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What is technical language? Scientists have tried to come up with a definition since the beginning of the 18th century‚ therefore many interpretations have been made. They started to discuss terms and vocabularies in order to define technical language. A couple of years later they emphasized the importance of text and nowadays they are talking about text from a communication aspect. The Anglo-Saxon society regarded a language to be a system‚ therefore they found little interest in technical
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