Auto Shoppe is considering the purchase of a new engine comp…

Auto Shoppe is considering the purchase of a new engine computer code reader for $65,000. Auto Shoppe can charge $75 for the service of reading the codes from a single car engine, while the actual cost of the reading would only be $10 per car engine. Please answer the following question, based on this information. How many cars would need their engine computer codes read by Auto Shoppe for it to break-even on this purchase?

Cars arrive at the King Burger Take Away Restaurant at an av…

Cars arrive at the King Burger Take Away Restaurant at an average of 10 per hour.  The restaurant can serve an average of 15 cars per hour. Assume this situation fits the assumptions of the M/M/1 queuing model. MGMT 301(2).JPG  Which of the following is the closest to the probability of finding exactly two cars at King Burger Take Away Restaurant? 

The German auto manufacturer BMW is located in a part of the…

The German auto manufacturer BMW is located in a part of the world where labor is expensive, and the company uses costly materials to construct cars that are designed for superior handling at high speeds. To penetrate the American market where BMW has a high-quality image, the firm should adopt a generic competitive strategy based on