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Customers arrive at Rich Dunn's Salon at the rate of 3 per hour, distributed in a Poisson fashion. Rich can cut hair at s rate of 5 per hour, distributed exponentially.
a. Find the average number of customers waiting for haircuts.
b. Find the average number of customers in the shop.
c. Find the average time a customer waits until it is their turn.
d. Find the average time a customer spends in the shop.
e. Find the percentage of time that Rich is busy.
As a general rule in marketing one should differentiate, not duplicate others actions. competition provides the rationale for strategy. strategic planning can lead to specific opportunities or threats facing an organization.
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