Customers at an amusement park arrive at the rate of 10 customers per hour. The entry booth is staffed by one employee. The mean service time at the booth to provide service to each customer is 5 min. The arrival rate follows a Poisson distribution, and the service time at the booth follows a negative exponential distribution. It is estimated that the cost of customer waiting time associated with dissatisfied customers and loss of goodwill is $15 per hour. The employee at the service booth is paid $10 an hour. Determine the capacity related cost per day for the waiting line system. Assume total hours of operation as 10 hr per day.
A. $725
B. $625
C. $500
D. $100
D. $100
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Which type of shopping center has the largest primary trading area?
a. power center b. regional shopping center c. megamall d. central business district
In order to fertilize his vegetable farm, John, a farmer, needs to choose from two fertilizers: Nitro Plus and Phosphate Max. Each bag of Nitro Plus costs $7 and contains 8 pounds of nitrogen and 6 pounds of phosphate. Each bag of Phosphate Max costs $9 and contains 4 pounds of nitrogen and 8 pounds of phosphate. John’s vegetable farm requires at least 32 pounds of nitrogen and 48 pounds of phosphate. (Assume fractions of a bag are allowed). At the optimal solution, what is the amount of phosphate from the Phosphate Max brand?
A. 23.20 B. 38.40 C. 17.65 D. 15.80
Marketing research involves the gathering of information in order to determine who will buy the product and what the most effective promotion strategy would be.
Answer the following statement true (T) or false (F)
Bribery of foreign government officials is both an ethical and a legal issue.?
Indicate whether the statement is true or false