Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

A tax accountant in a very small town has a walk-up tax preparation business in a small office. During “busy season”, she has determined that her customers arrive according to a Poisson distribution with an average arrival rate of 6 per day (it is a very small town). Each customer takes a number so that they may be served in the order of arrival. She is able to serve her customers one at a time, at an average rate of 8 per day (exponentially distributed). Her customers are very patient and will always wait as long as necessary to be served (the town is SO small, there’s nothing else to do). (15pts) What is the average time from arrival to exit? What is the average wait time for her customers? What is the average number of customers she has in her waiting room plus her office? What is the average number of customers waiting. How busy is our tax accountant during an average day? She has a small waiting room with 4 chairs. What is the probability that all chairs will be filled at the same time? If she works an 4 hour day, how many hours a day is she busy?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M91763730

Have any Question?


Related Questions in Operation Management

1 find an example online of a flyer or promotional

1. Find an example, online, of a flyer or promotional advertisement where you feel the formatting takes away from what is being advertised/promoted. How would you improve the flyer/advertisement? 2. How can having too mu ...

Given that supply chain decisions rely on accurate data

Given that supply chain decisions rely on accurate data records to generate MRP scheduling of production and purchase orders, demonstrate the ability to calculate and distribute product withing the distribution network. ...

Victoria a quality inspector for hill manufacturing is

Victoria, a Quality Inspector for Hill Manufacturing, is concerned about the quality of a batch of several thousand items that her company will be receiving next week. Hill Manufacturing manufactures dash components for ...

1 which of the following is a newer and increasingly

1. Which of the following is a newer and increasingly popular method of providing training and development? classroom training activities experiential and involvement-oriented training exercises distributing organization ...

The annual demand of a manufacturing component used in

The annual demand of a manufacturing component used in company InterSupport Services is 22,000 units. The cost of the component is $89 and holding costs (which includes storage, insurance, and cost of capital) are 37.5% ...

Choose a concept or theory from the reading this week and

Choose a concept or theory from the reading this week and respond to the following: TOPIC:STYLES OF LOVING-ROMANTIC RELATIONSHIPS in Interpersonal communication 1. Why did you choose this theory or concept? What is the t ...

As a department manager you have been asked to identify

As a department manager you have been asked to identify areas within your organization in need of change, based on the implications of the new regulatory compliance issues. Describe your approach in selecting the HMIS ar ...

1 in your opinion it is ethical for firms to encourage

1. In your opinion, it is ethical for firms to encourage, pressure, or even require their workers to “friend” their employers? Explain Why or Why Not? Support your answer with content from the text or other academically ...

You are the project manager for a new multimillion-dollar

You are the project manager for a new multimillion-dollar building renovation for your organization. The company needs to maximize the space that it has, and the best approach is to do a staggered build-out in order to b ...

This weeks set of questions will pull together many of the

This week's set of questions will pull together many of the concepts covered throughout the course. As with your previous case study assignments, you are expected to exercise good observation and thorough critical thinki ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As