A single-channel queuing system has an average service time of 10 minutes and an average time between arrivals of 15 minutes. What is the arrival rate?
Fill in the blank with correct word.
Answer: 4 per hour
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Discuss the basic needs identified by McClelland that are the most important for managers to understand.
What will be an ideal response?
The ________ standard of tort law focuses on the sense of responsibility that involves liability or fault.
Fill in the blank(s) with the appropriate word(s).
Implementation is best described by which of the following choices?
a. The phase when the change vision is announced and operational planning begins b. The phase when people realize that they have to work to sustain changes and energy wanes c. The phase when things change and people are required to change their work habits d. The phase when the change has been adopted and embedded in the organization
Bricktan Inc. makes three products, basic, classic, and deluxe. The maximum Bricktan can sell is 75,000 units of basic, 420,000 units of classic, and 120,000 units of deluxe. Bricktan has limited production capacity of 90,000 hours. It can produce 10 units of basic, 8 units of classic, and 4 units of deluxe per hour. Contribution margin per unit is $15 for the basic, $25 for the classic, and $55 for the deluxe. What is the total contribution margin if Bricktan chooses the most profitable sales mix?
A. $9,700,000. B. $15,500,000. C. $8,000,000. D. $12,800,000. E. $18,225,000.