A manufacturing plant is trying to determine how long the average line for a repair process will be. If 10 machines arrive each hour and must wait 6 minutes in the line, how long will the line be, on average?
What will be an ideal response?
Little's Law: X machines = (10 machines/hour)[(6 minute wait)(1 hour / 60 minutes)]
X = 1 machine
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______ placed some significant limits on executive pay in public corporations and added new requirements for both reporting of compensation and of shareholder involvement with executive compensation.
A. Executive Compensation and Shareholder Involvement Act of 2010 B. The Madison Avenue Wall Street Reform and Consumer Protection Act of 2008 C. The Dodd–Frank Wall Street Reform and Consumer Protection Act of 2010 D. The Wall Street Compensation and Shareholder Involvement Act of 2008
During a business lunch with a client, a colleague calls with bad news about another project. You should
a. answer the call at the table and discuss the situation without leaving the table. b. answer the call at the table, listen to the news calmly, and tell your colleague you will call him back later. c. excuse yourself from the table, take the call somewhere unobtrusive, handle anything you can handle quickly, and then tell your colleague you will call him back later. d. let the phone continue to ring at the table without answering.
The argument for ______ work groups stems from the idea that the benefits of group work are related to the delegation of a substantial amount of authority to the work group or team.
A. self-managing B. virtual C. performance D. hybrid
Sellers generally prefer to receive notes receivable rather than accounts receivable when the credit period is long and the receivable is for a large amount.
Answer the following statement true (T) or false (F)