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Benny the Barber owns a one-chair shop. At barber college, they told Benny that his customers would exhibit a Poisson arrival distribution and that he would provide an exponential service distribution. His market survey data indicate that customers arrive at a rate of 2.5 per hour. It will take Benny an average of 20 minutes to give a haircut. Based on these figures, find the following
a) The average number of customers waiting. (Round your intermediate calculations to 3 decimal places and final answer to 2 decimal places.)
b) The average time a customer waits. (Round your answer to 2 decimal places.)
c) The average time a customer is in the shop. (Round your intermediate calculations to 3 decimal places and final answer to 1 decimal place.)
d) The average utilization of Benny’s time. (Round your intermediate calculations to 3 decimal places and final answer to 1 decimal place.)
Darsoft Inc., a large manufacturer of personal computers, assembles Intel Core Duo motherboards on a product line. According to the production technology, the tasks that must be performed on each motherboard are shown below. Production quotas..
Give a brief description of your topic of research interest (quantitative, qualitative, or mixed) Next, state the philosophical orientation that reflects your worldview and explain the epistemological and ontological assumptions of this orientation. ..
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Government provides three public goods that the market does not provide:
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