Question: BCG Inc. has 800 interns on average. An internship is generally for 2 years. At the end of the 2 yrs, some of the interns
BCG Inc. has 800 interns on average. An internship is generally for 2 years. At the end of the 2 yrs, some of the interns become associates while the others have to leave BCG. BCH needs to maintain an average level of 800 interns in order to obtain the desired level of associates. How many interns should BCG hire every year in this regard? (Hint: Apply Little's Law - identify Avg. Inventory, Flow Time - avg. time spend in system by an individual unit. Question asks for how many/yr?)
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