Determine the upper bound on the difference in their monthly

Assignment Help Operation Management

Reference no: EM13223914

Customers arrive at a fast food restaurant with one server at a mean rate of 30 per hour. The server has just resigned, and the two candidates for the replacement are X (fast but expensive) and Y (slow but inexpensive). Both candidates would have an exponential distribution for service times with X having a mean of 1.2 minutes and Y having a mean of 1.5 minutes. Restaurant revenue per month is given by $6,000/W where W is the expected waiting time (in minutes) of a customer in the system.

Determine the upper bound on the difference in their monthly compensations that would justify hiring X rather than Y.

Reference no: EM13223914

Questions Cloud

Present and future strategies and business opportunities : Discuss strategies, risks, strengths, weaknesses, opportunities and threats of using IT systems in a specific business at a management level. Consider issues such as short-term and long-term decisions for present and future strategies and business..

Should there be greater government regulation : Should there be greater government regulation with respect to selling to vulnerable consumers? Be sure to support your discussion question responses with evidence from the readings and/or additional references.

Explain the ph of a sodium acetate-acetic acid buffer : The pH of a sodium acetate-acetic acid buffer is 5.30. Calculate the ratio [CH3COO-]/[CH3COOH].

stretch of ancient stone-paved road was part of Inca road : provides the strongest support for an archaeologist’s conclusion that a particular stretch of ancient stone-paved road was part of the Inca road system?

Determine the upper bound on the difference in their monthly : Determine the upper bound on the difference in their monthly compensations that would justify hiring X rather than Y.

Calculate the ph for the initial solution : Exactly 100 mL of 0.19 Mnitrous acid (HNO2) are titrated with a 0.19 M NaOH solution. Calculate the pH for the following. (a) the initial solution

Role in the changing-vibrant city culture. : Describe the social, economic, and political changes that played a role in the changing, vibrant city culture.

When does a global standardization strategy make most sense : In what kind of industries does a localization strategy make sense? When does a global standardization strategy make most sense?

How individual learns is essential to improving performance : How an individual learns is essential to improving performance and effectiveness. How an organization learns is critical to remain viable and competitive. Learning is key to forward movement for an organization.

User Account

All Pages