Mylab Operations Management With Pearson Etext -- Access Card -- For Operations Management: Sustainability And Supply Chain Management (13th Edition)
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Chapter D, Problem 3P

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• D.3 Paul Fenster owns and manages a chili-dog and soft-drink stand near the Kean U. campus. While Paul can service 30 customers per hour on the average (μ), he gets only 20 customers per hour (λ). Because Paul could wait on 50% more customers than actually visit his stand, it doesn’t make sense to him that he should have any waiting lines.

Paul hires you to examine the situation and to determine some characteristics of his queue. After looking into the problem, you find it fallows the six conditions for a single-server waiting line (as seen in Model A). What are your findings?

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provide scholarly reseach and references for the following 1. explain operational risks and examples of such risk faced by management at financial institutions 2. discuss the importance of establishing an effective risk management policy at financial institutions to manage operational risk, giving example of a risk management strategy used by financial institutions to mitigate such risk.   3. what is the rold of the core principles of effective bank supervision as it relates to operational risk, in the effective management of financial institutions.
Please show all units, work, and steps needed to solve this problem I need answer typing clear urjent no chatgpt used pls i will give 5 Upvotes.

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Mylab Operations Management With Pearson Etext -- Access Card -- For Operations Management: Sustainability And Supply Chain Management (13th Edition)

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