Answer:
The average inter arrival time is less than the average process time.
Explanation:
Queue model is used to describe the waiting lines through a mathematical equation. It clearly assumes that the inter arrival time that is the time in between any two waiting is less than the average processing time.
And accordingly all the things gets to add more processes, and there is a stage in which all the things are into processes.
And since the interval time is low thus, the key assumption stated in statement 2 is correct.
Answer:
c. the benefits derived from training relative to the costs incurred.
Explanation:
The word "utility" is a reference to the benefits of a project or proposal in relation to the monetary costs involved in carrying out this project. In other words, the benefits an individual will earn from the project will be proportional to the amount that the individual will pay to participate in the project.
Answer:
i think its letter A and C
Answer:
Yes, boards should interfere more in strategic planing, due to more complex environment in which today's companies operate.
Explanation:
Today's complex business environment, where companies are facing not just competitive, but also non-competitive forces, require stronger involvement of their board of directors in strategic planning. These external forces like macroeconomic surroundings or political pressure are all having a strong impact on the company. Also, tendency towards higher stake in ownership by passive investors that are not happy with short-term creation of value unless it is not sustainable, leads to higher shareholder's activism. Also, sector specific knowledge in today's atmosphere, where boundaries between branches are blurred is not sufficient anymore. Directors can jump in and help the management, while also having a higher role in governance, ensuring that the strategy is carried out in proper way.