Find the average number of customers waiting for haircuts

Assignment Help Operation Management
Reference no: EM131136085

Customers arrive at Rich Dunn's Styling Shop at a rate of 3 per hour, distributed in a Poisson fashion. Service times follow an exponential distribution, and Rich can perform an average of 6 haircuts per hour.

a) Find the average number of customers waiting for haircuts.____ customers ( round your response to two decimal places)

b) Find the average number of customers in the shop. ____ customers ( round your response to two decimal places)?

c) Find the average time a customer waits until it is his or her turn. ____ customers ( round your response to two decimal places)?

d) Find the average time a customer spends in the shop. ____ customers ( round your response to two decimal places)?

e) Find the percentage of time that Rich is busy ____ customers ( round your response to two decimal places)

Reference no: EM131136085

Questions Cloud

What are the requisites of democracy : During 2011, strong popular movements demanding democracy emerged across the Middle East and North Africa known as the "Arab Spring." How likely is it that these countries will be able to establish democracies? What are the requisites of democracy
What is the reason for this difference in elasticity : What is the reason for this difference in elasticity?- price elasticity of demand for necessities, such as food, are higher in developing countries and lower in developed countries.
Analyze the main advantages of using data analytics : Analyze the main advantages and disadvantages of using data analytics within the industry or company that you have chosen.
Describe the president role in making foreign policy : Describe the president's role in making foreign policy and who or what assists him with this. How does Congress balance the presidential role
Find the average number of customers waiting for haircuts : Customers arrive at Rich Dunn's Styling Shop at a rate of 3 per hour, distributed in a Poisson fashion. Service times follow an exponential distribution, and Rich can perform an average of 6 haircuts per hour. Find the average number of customers wai..
How did leadership of organization address the challenge : A description of the organization and its primary stakeholders. Include the vision and mission statement if they are available to the public, and the code of ethics if the company has one (if it is long, an excerpt or description is an acceptable ..
What insight does this give you into the company financial : Determine the fixed assets to net worth ratio for the construction companyin Figures 6-1 and 6-2. What insight does this give you into the company's financial operations?
What is the minimum annual inventory cost : A manufacturer is sourcing a component for a new product. Expected monthly demand is 705 units. The component can be purchased from either supplier A or supplier B, with the following price breaks: What order quantity is optimal if the intent is to m..
Construct a table showing the marginal failure reduction : How many inspectors should be hired if additional indirect cost (lost goodwill and so on) were to average 30 percent of direct replacement or repair costs?

Reviews

Write a Review

Operation Management Questions & Answers

  What are the three basic types of cost estimating

What are the three basic types of cost estimating? Describe each type

  What are the spending and schedule variances for the project

A project has just completed its 87th item in the project plan. It was scheduled to have spent $147,000 at this point in the plan, but has actually spent only $135,000. The project manager estimates that the value of the work actually finished is nea..

  What is the dividend yield and capital gains yield

Calculate the required return for a stock which expects to pay a dividend of $1.50 this year. The dividends are growing at 2%, and the stock currently trades at $34.50 per share. What is the dividend yield and capital gains yield?

  Engines are transported between the two plants using trucks

Harley-Davidson has its engine assembly plant in Milwaukee and its motorcycle assembly plant in Pennsylvania. Engines are transported between the two plants using trucks, with each trip costing $1,000. The motorcycle plant assembles and sells 300 mot..

  Description of the individual you interviewed

Description of the individual you interviewed Interview questions and answersCultural similarities and differences with the individual you interviewed. Include strategies to overcome any potential barriers you might encounter with this person or p..

  Investigation to determine if business affects commerce

A regional director of the NLRB will conduct an investigation to determine if a business affects commerce, if there is sufficient employee interest, and if a bargaining unit is appropriate after:

  How effective supply chain management contributes to success

how effective supply chain management contributes to the success in a company

  Define what is the learning curve

HEC's product (hydrogen fueled engine) under development took 160 hours for the production of its 2nd unit and 128 hours for its 4th unit. What is the learning curve. How much time did the first unit take. How much time would the production of the 1..

  About the medical insurance

You have medical insurance for your family with a $250 deductible, 20% coinsurance, and $1,500 OOP maximum for each individual and $3,000 family OOP maximum. Calculate your OOP costs if you incur $6,000 in medical costs.

  Organizational development in producing innovative

The quality of organizational decision making ultimately depends on innovative responses to opportunites and threats. Explain the role that organizational development in producing innovative and creative ideas. Explain how the utilization of organiza..

  Phillips curve shows an important tradeoff faced

The Phillips curve shows an important tradeoff faced by economic policymakers. This tradeoff was used to point out the legitimacy of government intervention in the economy for many years. What is the Phillips curve? What does it show? Why is it impor..

  Recognize the strategies for entering into the global

identify the strategies for entering into the global market. assess the strengths and limitations of each. give an

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd