Suppose that a service facility has an average line of 2 customers that must wait, on average, 5 minutes for service. How many customers are arriving per hour?
What will be an ideal response?
Use Little's Law that 2 customers = (5 minutes)(X customers/minute)
X = .4 customers/minute = 24 customers arrive each hour
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A) target B) break-even point C) cost-plus pricing D) total cost E) markup
Countries outside the U.S. use financial accounting standards issued by the:
A) LLC B) SEC C) IASB D) GAAP
The open job market consists of jobs that are advertised or listed. However, many companies don't announce, list, or advertise their openings publicly, resulting in the ________ job market
Fill in the blank(s) with correct word
Any problems with quality can lead to ______.
a. increased throughput b. factory shutdowns c. increased revenue d. customer satisfaction