Because the value of the information, in terms of avoiding a mistake on the purchase, is much higher for an automobile than for a pen or pencil, it is more worthwhile to gather this information.
<h3><u>
Explanation:</u></h3>
A customer rating refers to the rating that the customer gives based on the usage and quality of products. It gives an overall experience of a product by the end-user. It is very important to consult with others who use a particular product before making the purchase decisions.
This is because the user of the product knows the advantages and disadvantages of using that product and he knows whether the purchase of the product is worth it or not. In the given example, the purchase of a pen or a pencil is not that important when compared with the car purchase as the later involves a huge amount of money. Thus, the value of the information, in terms of avoiding a mistake on the purchase, is much higher for an automobile than for a pen or pencil, it is more worthwhile to gather this information.
<em>catalyst is not a reactant it just speeds up the chemical reaction but does not convert into the end product.</em>
In the EXPLOIT segment of the process of supplier segmentation, suppliers have a significant portion of the buyer’s spend but do not view the buyer as an important customer.
<h3><u>
Explanation:</u></h3>
The process by which the suppliers will be divided into groups refers to the supplier segmentation. The main aim of this type of segmentation is to determine the profitability that a form can obtain from these segments. This is done for the purpose of the organisation to determine the level of engagement of the organisation with the suppliers.
In the Exploit segment of the supplier segmentation process, the suppliers will be having some significant portion of the money that are spent by the buyers of the product but these buyers of the product will not be viewed as important customers.
Answer:
The answer is "Option E".
Explanation:
Please find the complete question in the attached file.
Varied portfolios and mixes of diversified assets get a different relationship, eliminating uncontrolled danger and only risk premium. Its total risk is a combination of non - systematic and systematic risks. Therefore, the diversification principle reduces some portion of the risk profile, and that is why distributing an investment across a range of varied assets reduces some of the risk profile.
Answer:
(a) 75% (b) 25% (c) 2.25 customers (d) 12 minutes (e) 0.25 (f)0.237
Explanation:
Solution
Given that:
The Arrival rate at Poisson distribution = 15 per hour = λ
The Service rate at exponential distribution = 20 per hour = μ
(a) System utilization = λ/μ = 15 / 20 = 0.75 = 75%
(b) The Probability of zero requests in server = 1 - λ/μ = 1 - 0.75 = 0.25
or
The percentage of time server will be idle = 25%
(c)The expected number of customers waiting to be served = Average number of customers in line = λ^2/μ (μ-λ ) = 225 /20(20-15) = 45 /20 = 2.25
Therefore, it is expected that on an average, 2.25 customers are waiting in line to get served.
(d)The average time customers will spend in system = 1/(μ-λ )
=1/(20 - 15) = 1/5 hours = 12 minutes
(e)The probability of zero customer in system = 1 -λ/μ = 1 - 0.75 = 0.25
(f) The probability of more than 4 customers in the system = (λ/μ)^ 4+1
= (15/20)5 = 0.237