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FOR PARTS a AND c, PLEASE CARRY OUT ALL CALCULATIONS TO 5 DECIMAL PLACES. Mr. Cheney owns a large gas station in Vermont. The average and standard deviation of inter-arrival times of cars stopping by for re-fueling is 3 minutes. If all the pumping stations are full, cars will bypass Mr. Cheney’s gas station for one further up the road (which also happens to charge the same price). Currently, Mr. Cheney has 6 pumping stations and on the average, it takes 5 minutes to service a vehicle which has stopped by for refueling. You are required to answer the following questions: a) What percentage of the time will a customer bypass Mr. Cheney’s gas station. b) What is the average number of customers served per hour. c) Assume that it costs Mr. Cheney $ 12.50 in lost profit per customer lost. It is possible to add 3 more pumping stations at an amortized cost of $ 1.50 per hour. Should Mr. Cheney add the additional 3 pumping stations? The appropriate worksheet for this problem is “m-cap units & N-m=0.” a = average interarrrival time p = average service time m = number of capacity units Enter a (average interrarival time) Enter p (average service time) Enter m (number of capacity units) Probability that all m capacity units are busy Effective Utilization per capacity unit Effective Flow Rate per unit time Customers lost per unit time.
Identify the lowest level of the WBS that represents the level of work that the project manager will monitor to control the project. Explain why this activity is created.
For this Assignment, in 5–7 pages design a program evaluation to address community needs for your Project initiative proposal. In your Assignment, be sure to include the following items: Description of your proposed program. Description of your propo..
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How does consumer demands affect a company's business decision. How does different ethical perspectives guide ethical decision making. How does a company influence their ethical environment.
Summarize the Learning Team members' results. Discuss the major decision points each team member made during Module 3 and Module 4 of the simulation and the effect this had on their performance in the module
As a police officer, you pull someone over. After searching their vehicle, you confiscate several ounces of marijuana. The computer system is down so you cannot chronicle this bust. Your partner tells you that his wife is sick and he could really use..
The resources needed to support operations and implement strategic initiatives can far surpass those available. What is the role of the board in establishing organizational priorities?
research the process of producing an expensive product assume that it is something that must cost at least 1000. after
ABC Inc. currently pays an annual dividend of $3 per share on its common stock. As the company expands their business into the global market, they expect dividend to grow at a supernormal rate of 20% for the next three years. After that, the dividend..
The effectiveness of total quality management: A contingency perspective
Bubba's Materials Handling Equipment is a small corporation that employs between 38 and 55 employees throughout any given year. This firm manufactures materials handling equipment that includes small cantilever racks;
How can a university, which is also a service organizaiton, benefit from integreated software?
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