On average, how long does a snowplow wait before the mechanic can begin his repair?
A crew of mechanics at the Department of Transportation garage make minor repairs to snowplows during the winter. The snowplows break down at an average rate of 4 vehicles per day and breakdowns are distributed according to the Poisson distribution. The mechanic can service an average of 7 vehicles per day with a repair time distribution that approximates a negative exponential distribution. Assume an 8 hour day.
Answer: 0.19 day or 1.52 hours
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A. the name being used by a competitor in advertisements. B. the name being registered in a foreign market by someone who hopes to profit by selling it back to the originating firm. C. reselling the name by hackers to unsuspecting local business people. D. a firm's brand name being registered by another firm, which is employing it for its own product's name.
A very revealing outcome of a perceptual map that captures customers’ perceptions of competitors is
a. how they feel about competitors b. the ideal offering they would like to have c. possible white space where no competitors currently exist d. All of the above
A person licensed to represent others in court is called a(n):
A) attorney B) magistrate C) marshal D)sheriff
Violations of antitrust law are either per se violations or rule of reason violations. What are the differences between these two types of violations? Give examples of each.
What will be an ideal response?