Let us consider that customers arrive at the rate of seven per hour and wait for an average 0.25 hour in a shop. Using Little’s law, determine the average number of customers in the queuing system.
a. 2
b. 2.4
c. 1.25
d. 1.75
d. 1.75
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Which type of limited-service wholesaler does not physically handle products but simply takes title to them and negotiates sales?
a. drop shipper b. truck wholesaler c. rack jobber d. mail-order wholesaler e. cash-and-carry wholesaler
Crimes such as illegal parking and jaywalking are normally categorized as:
A) Misdemeanors. B) Felonies. C) Violations. D) None of the above.
The ______ is a visual representation of relationship rating in which symbols or letters represent the relationships between departments.
a. cost optimization method b. relationship rating method c. line balancing method d. Muther’s grid
The eurobond market owes its existence to all of the following reasons unique factors EXCEPT:
A) free bond ratings B) the absence of regulatory interference C) less stringent disclosure practices D) favorable tax treatment