In queuing models, we make several assumptions about the arrival pattern of customers. Which of the following is NOT one of those assumptions?

a. Customers will patiently wait in line for their turn to receive service.
b. Customers will switch lines to whichever line is moving fastest.
c. Customers will not leave the waiting line.
d. Customers will not refuse to join the line (balk).


b. Customers will switch lines to whichever line is moving fastest.

Business

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Mini-Case Question. Aster Inc identifies that the market attractiveness index for the cell phone market is equal to 25

The firm decides to adopt a strategy of minimizing investment in its business, and striving for maximum cash flow from its market position. Aster Inc aims to manage prices and marketing resources in a way that maximizes its cash flow without exiting the market. Aster Inc is considering on using which of the following strategic market plans? A) an invest to grow strategy B) a monetize strategy C) an optimize position strategy D) a harvest strategy E) a disintermediation strategy

Business

________ marketing is perhaps the fastest-growing marketing platform

A) Online B) Social media C) Mobile D) Web site E) Blog

Business

________ questions help us to determine if there is mutual understanding of the problems and circumstances the customer is experiencing

Fill in the blanks with correct word

Business

A method of analysis of proposed capital investments that focuses on the present value of the cash flows expected from the investments is termed ________

a. cash payback method b. interest rate of return c. average rate of return method d. discounted cash flow method

Business