Problem 1 A gas station with only one gas pump employs the following policy: if a customer has to wait‚ the price is $3.50 per gallon; if they don’t have to wait‚ the price is $4.00 per gallon. Customers arrive according to a Poisson process with a mean rate of 20 per hour. Service times at the pump have an exponential distribution with a mean of 2 minutes. Arriving customers always wait until they can by gasoline. Determine the expected price of gasoline per gallon. Problem 3 The Old Colony theme
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The Reality of Child Abuse: Prevent It Child abuse is probably one of the biggest problems we are facing in America today. Children have parents that abuse them often turn to a life of crime‚ or suffer physical or mental scars. In some cases the child may even die‚ but this can be prevented. Many children are being abuse each and every year‚ but we can prevent that by suggesting solutions from it happening or after the abuse has happened. There are possible solutions for child abuse from
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integration‚ what is your stand? In the Philippine’s state today‚ what can you say? In the growth of the country’s problems in every aspect‚ what can you do? In this essay‚ I will make my stand. It is said that man cannot live in bread alone. Man is social person‚ able to act and socialize with other people. We are able to do good and even bad actions. When you look around Manila’s streets‚ what do you see? For me I see the problems of our country in every aspect. I see poverty‚ I see pollution‚ I see
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chaotically seen in attractions‚ which cause varieties of problems and bad effects to the tourist attractions and people nearby. No one wants to travel to attractions‚ which their beautiful sceneries are ruined and destroyed or places that crimes is commonly committed‚ as well as places that communication problems always occur. In the past few years countries that tourism rates declined are Hong Kong‚ Kuwait and Brunei‚ which caused by pollution problems and behaviors of people in those countries. While
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intervention into the way in which the economy runs. They both try and solve the economic problem of trying to satisfy mans unlimited wants with relatively scarce resources in different ways. The market economy tries to solve the economic problem by letting demand and supply equal price. So therefore the more people that want it‚ the higher the price will go up until price matches supply. This tries to solve the economic problem by rather letting consumers themselves figuring out how much they are
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Oligopoly Problems (Note that second page has some partial answers so that you can check yourself. I think these are correct‚ but I did it quickly. So I will offer one bonus point per mistake for the first person who finds the mistake in my answers with a maximum of 3 points per student.): 1) Demand is given by P=100-Q/2. Two firms compete according to the Cournot model and each has TC=10q. What profit does each firm earn? How would your answer change if the second firm observed the
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When victims of cybercrime seek aid from the courts‚ they expect to be compensated financially and that they would be treated with respect and that they will get help to resolve their problem (vision statement). The scale of cybercriminal activity represents a considerable challenge to law enforcement agencies and the total cost of cybercrime to society is significant. A recent report suggests that victims lose around $290 billion each year worldwide as a result of cybercrime‚ making it more profitable
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Identifying a Problem T. L. Wilson Grand Canyon University Professional Research Project NRS-441V March 19‚ 2013 Identifying a Problem The clinical environment that I previously worked in was a correctional institution. During the time that I worked in corrections I encountered several inmates that had HIV. It was this environment and the experience that I received this idea and it is what gives me the inspiration to build a proposal for change. Within this system is where I discovered
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Trolley problems can be a useful tool in the discussion of bioethics in order to make people look into their own morality and what drives that underlying decision chosen in the classic trolley problem. While some people are certain of their decision initially‚ others are unsure of what the most ethical option is. Let us consider a problem discussed in class about human embryos and stem cell research in the framework of a trolley problem. In this scenario‚ five men arrive at a reputable hospital for
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Problems at JetBlue On February 14‚ 2007‚ JetBlue’s lack of preparation and poor management decisions caught up with them. They faced a disastrous turn of events that most businesses anticipate and prepare for. Most businesses plan for worse case scenarios and have contingency plans in place to address those problems should they arise. It is imperative‚ for airlines in particular‚ to have contingency plans and be well prepared in case of any and all emergencies. JetBlue’s operations and policies
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