Determine the customer inter-arrival time, Cost Accounting

During the dinner hour, the distribution of the inter-arrival time of customers at Burger Barn is predictable to be as follows:

Inter-arrival Time

Probability

30 seconds

.45

60 seconds

.25

90 seconds

.15

120 seconds

.10

150 seconds

.05

Sixty percent of customers pay along with cash, while 40% pay along with credit cards.

Payment Method

Probability

Cash

.60

Credit

.40

The service time of the cash and credit card customers are predictable to be as follows:

Cash

Credit Card

Service Time

Probability

Service Time

Probability

20 seconds

.35

30 seconds

.20

40 seconds

.30

60 seconds

.45

60 seconds

.25

90 seconds

.25

80 seconds

.10

120 seconds

.10

Simulate this system for 20 customer arrivals and determine the average time a cash and credit card customer must wait in line before paying the cashier. Use the random numbers in the table below to determine the customer inter-arrival time, whether the customer pays with cash or credit, the service time.

You will be working with three probabilistic variables, the inter-arrival time, the payment method and the service time. Please also use the excel template attached when solving this problem.

Random Numbers

Inter-arrival Time

Payment Method

Service Time

63

10

19

46

73

79

86

28

35

0

51

63

56

91

54

67

14

51

59

64

93

28

24

69

79

70

14

64

84

35

33

73

1

81

17

9

17

48

70

63

11

50

66

88

40

27

94

41

4

29

71

34

83

68

7

71

50

69

27

82

Posted Date: 4/1/2013 5:42:56 AM | Location : United States







Related Discussions:- Determine the customer inter-arrival time, Assignment Help, Ask Question on Determine the customer inter-arrival time, Get Answer, Expert's Help, Determine the customer inter-arrival time Discussions

Write discussion on Determine the customer inter-arrival time
Your posts are moderated
Related Questions
Banana Corporation had the following transactions relating to a patent: January 1, 2010: Purchased patent for $2,000,000. The patent had fifteen years remainnig although Banan

STANDARD COSTING STANDARD COSTING is a method, which uses standards for costs and revenues for the idea of control by variance analysis. It can be used either through operation

Prepare Cash Budget of a Company The given information concerned to the proposed budget for a company for the months ending on 31 December 1996. Additional Information


Find Out Overhead Application Rate The given is the budget of Superb Engineering Works for the 2002 year Factory overheads Kshs 62,000

Calculate Cost or Equivalent Units The given work in progress account concerns to the blending department of a company, a soft-drinks company for the month of January in 1999

Clopack Company manufactures one product that goes through one processing department called Mixing. All raw materials are introduced at the start of work in the Mixing Department.

31. Special Orders Maria’s Food Service provides meals that nonprofi t organizations distribute to handicapped and elderly people. Here is her forecasted income statement for April

Early in 2014, Dobbs Corporation engaged Kiner, Inc. to design and construct a complete modernization of Dobbs's manufacturing facility. Construction was begun on June 1, 2014 and

Alger Corp wants to buy some construction equipment for $50,000, which has a useful life of 4 years with no salvage value. Alger uses straight-line depreciation. Alger has a tax ra