The number of customers at Winkies Donuts between 8:00a.m. and 9:00a.m. is believed to follow a Poisson distribution with a mean of 2 customers per minute
a. During a randomly selected one minute interval during this time period, what is the probability of 6 customers arriving to Winkies?
b. What is the probability that at least 2 minutes elapse between customer arrivals?
a. .0120
b. .0183
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A company has four vendors and the accounts payable subsidiary ledger shows the following balances.
Calculate the accounts payable balance in the general ledger.
A) $429,295
B) $562,425
C) $278,821
D) $283,604
Nicole is creating natural work units by putting tasks together to create a more challenging and complex work environment for her employees. Nicole is ______.
A. using vertical loading B. rotating jobs C. encouraging autonomy D. combining tasks
Implementing and executing a company's strategy
A. is primarily a responsibility of all company personnel because all personnel are active participants in the strategy execution process and their actions have a huge impact on the ultimate outcome. B. is primarily the job of the company's board of directors since they direct the actions and policies of the top senior executives in executing the strategy. C. should be delegated to a chief strategy implementer appointed by the chief executive officer. D. is primarily a task for middle and lower-level managers because it is they who have responsibility for pushing the needed changes all the way down to the lowest levels of the organization. E. is a task for every manager and the whole management team, but ultimate responsibility for success or failure falls upon the top senior executives, especially the chief executive officer of the company.
Selling the same product to different customers for different prices is referred to as?
a. Price discrimination b. Differential pricing c. Revenue matching d. Sales deception