Customers demand muffalettas at the rate of 24 sandwiches per hour. Use the information in Table 5.4 to determine the minimum number of work stations needed to achieve exactly the output rate of customer demand
A) 4
B) 5
C) 6
D) 7
C
Business
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All of the following risks are privately insurable EXCEPT:
(a) the risk of premature death (b) the risk of physical damage to your car (c) the risk of unemployment (d) the risk of poor health
Business
A newspaper boy is trying to perfect his business in order to maximize the money he can save for a new car. Daily paper sales are normally distributed, with a mean of 100 and standard deviation of 10
He sells papers for $0.50 and pays $0.30 for them. Unsold papers are trashed with no salvage value. How many papers should he order each day and what % of the time will he experience a stockout? Are there any drawbacks to the order size proposed and how could the boy address such issues?
Business