This is equal to the the total costs
Answer:
The answer to this question is a= µ=60/12=5 students/min
Explanation:
Solution
Given that:
λ=4 students / min
The Waiting time in Queue= λ /µ(µ- λ )==4/(5*(5-4))=0.8 min
The Number of students in the line L(q)= λ *W(q)= 4*.8= 3.2 students
TheNumber of students in the system L(q)= λ /(µ- λ )=4/(5-40=4 students
Then,
The Probability of system to be empty= P0= 1-P= 1-0.8= 0.2
Now,
If the management decides to add one more cashier with the same efficiency then we have
µ= 6 sec/student= 10 students/min.
so,
P= λ /µ =4/10=0.4
Now,
The probability that cafeteria is empty= P0= 1-0.4= 0.6
If we look at the above system traits, it is clear that the line is not empty and the students have to standby for 0.8 in the queue waiting to place their order and have it, also on an average there are 3.2 students in the queue and in the entry cafeteria there are 4 students who are waiting to be served.
If the management decides to hire one more cashier with the same work rate or ability, then the probability of the cafeteria being free moves higher from 0.2 to 0.6 so it suggests that the management must hire one additional cashier.
Answer:
The rate of change in 6 months is 14.87%
Explanation:
Let a be the amount that the money is multiplied in one month. We know that in 30 months it is multiplied by 2, so if we power a by 30 wew obtain 2:
a³⁰ = 2
Thus, 2 = a³⁰ = a⁶*⁵ = (a⁶)⁵
(here we use the propiety a^bc = (a^b)^c = (a^c)^b)
We can conclude that a⁶ = 2^(1/5) = 1.1487
The rate in 6 months is (1.1487-1)*100 = 14.87%
Increased Differentiation is competitive position by increasing the differentiation of their product and service offerings.
What is Increased Differentiation?
The key characteristic(s) that set one company's goods or services apart from those of its rivals are referred to as that company's products. Successful product diversification increases sales and customer loyalty.
A product differentiation strategy includes identifying and outlining a company's or product's distinctive features as well as the most critical distinctions between it and its rivals. Creating a strong value proposition and unique selling concept for a product or service is essential to making it appealing to a target market or audience.
If done successfully, product diversification might provide the product's seller a competitive edge and eventually increase brand recognition. The quickest high-speed Internet connection and the most cost-effective electric car on the market are two instances of different commodities.
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The work breakdown structure provides a basis for creating the project schedule and performing earned value management for measuring and forecasting project performance. A work breakdown structure is also known as WBS- which helps break down the team's work into smaller, more manageable sections. By breaking down the sections into smaller groups gives more opportunity for completion before moving on to the next group and makes the tasks more managable.
