Aligning time and cost management plan within project plan

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Reference no: EM132300164

1. Students are required to write an assignment report on the topic of “Aligning Time and Cost Management Plan within the Project Plan”. This assignment should be submitted individually by each student. no copy from internet

2. Antonio runs a hat repair store by himself. Customers arrive to bring a hat to be repaired according to a Poisson process (exponential inter-arrival times) at a mean rate of 1 per hour. The time Antonio requires to repair each hat has an exponential distribution with a mean of 30 minutes. a- Calculate the expected number of hats in the store. b- Calculate the expected amount of time from when a customer drops off a hat until it is ready to be picked up. c- What would your answers to (a) and (b) be if Antonio’s twin brother, Bob, also worked at the store? (Since they are twins, you can assume that Bob works at the same pace as his brother.)

Reference no: EM132300164

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