The coefficient of variation for the arrival process in bank

Assignment Help Operation Management
Reference no: EM131192722

Customers come to the counter in the bank at an average rate of 10 per hour. The variance of the inter-arrival time for customers is 4 min. There is one teller on the counter in the bank to serve customers. The teller can serve one customer in 6 minutes. What is the coefficient of variation for the arrival process in this bank? 0.6667 4 0.4 0.333

Reference no: EM131192722

Questions Cloud

Disparate impact with respect to privilege of employment : A facially neutral workplace policy will not cause a disparate impact with respect to a privilege of employment, on the basis of national origin, if: the policy can be easily complied with and noncompliance is purely a matter of an immutable characte..
Decided to sign revenue-sharing contract for CDs : Topgun Records and several movie studios have decided to sign a revenue-sharing contract for CDs. Each CD costs the studio $2 to produce. The CD will be sold to Topgun for $3. Topgun, in turn, prices a CD at $15 and forecasts demand to be normally di..
Annual distribution cost of the current distribution network : Ellen Lin, vice president of supply chain at Michael’s Hardware, was looking at the financial results from the past quarter and thought that the company could significantly improve its distribution costs, especially given the recent expansion into Ar..
The coefficient of variation for the arrival process in bank : Customers come to the counter in the bank at an average rate of 10 per hour. The variance of the inter-arrival time for customers is 4 min. There is one teller on the counter in the bank to serve customers. The teller can serve one customer in 6 minu..
Research is typically experimental-non-experiment in design : Research is typically experimental or non-experiment in design. It is important for the investigator to know the difference. Give an example of a question you would attempt to answer using experimental design and one using non-experimental design. De..
Everyone can have access to affordable healthcare services : What is at the heart of the increasing healthcare costs in America? Is it possible to reduce the cost of healthcare so that everyone can have access to affordable healthcare services? Do you feel that the Patient Protection and Affordable Care Act is..
Existence of workplace policy resulting in disparate impact : Existence of a workplace policy resulting in a disparate impact: can only be evidenced utilizing subjective criteria. can only be evidenced utilizing objective criteria. may be evidence by either subjective or objective criteria can only be evidenced..
Accommodate the religious practices of an employee : An employer's duty to accommodate the religious practices of an employee is limited by: the concepts of reasonableness and undue hardship. the degree to which the religion involved is widely recognized. the First and Fourteenth Amendments to the U.S...

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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