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1. A queuing model that follows the M/M/1 assumptions has λ = 10 and μ = 12. What is the average number of units in the system?

2. What are your opinion or thoughts on How would you compare and contrast S.W.O.T analysis with portfolio analysis.

3. Graphical solutions in LP have a limited number of decision variables. What is the maximum number? What is the solution that the graphical method presents to the operations manager?

Operation Management, Management Studies

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