Examlex
A Department of Motor Vehicle (DMV) testing center has ten (10) testers who test 75 drivers per day.Each tester can test eight (8) drivers per day.What would the service rate need to be in order to achieve 85% utilization?
Diversification
A strategy in finance and business development that involves entering into a variety of markets or developing a range of products to minimize risks.
Product Development
The process of creating, designing, and bringing a new product to market.
Market Development
Market development is a strategic effort to expand into new markets or segments, aiming to increase the customer base for a product or service.
Diversification
A strategy aimed at reducing risk by allocating investments among various financial instruments, industries, or other categories.
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