Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Ferrari world is the largest indoor and first Ferrari theme park, located on Yas Island, Abu Dhabi, UAE , The central park is situated under a 200,000 m² roof making it the largest indoor amusement park in the world, the park operates daily from 10:30 am till 18:30 pm.
Customers arrive to the park from two main entry points the " Northern Gate " at a rate of every 10 minutes and the "Southern Gate " at the rate of 40 minutes ; observation has shown that arrival distribution of customers are exponential.

On average for the Northern Gate 60% of customers arrives batched as follow 2 at a time, 20% 3 at a time and 20% arrives individually.
Analysis shown that 70% of arrivals from both gates will play with FormulaRossagame Which is the fastest Roller coasterat the Ferrari park while 30% of customers prefer scuderia challenge game which is a racing simulator at Ferrari World , the park has three scuderias (RED , YELLOW , BLACK) each one has it's own game flight effects.

Now customers can enter each game Roller Coaster (Formula Rossa) or Simulation (Scuderia) one at a time , where they have to wait before in a waiting room (one waiting room for Formula Rossaand One for roller coaster ) where they receive a brief introduction into how to use each game from game specialist (Three for Roller Coaster and Two for Scuderia) each specialist has a break time of 55 minutes per day , at least there should be one specialist per game available

Usually 20% of Scuderias visitors will go to the RED Scuderia adventure while 45% will prefer Yellow and the reset should use the BLACK. Also 55% of customers who used the BLACK Scuderia they will try also The RED one while the rest will just leave the Scuderias arena.
All (RED , YELLOW , BLACK) Scuderias take a Uniform of (10,25 min) while the Formula Rossa has a Uniform of (15,35 min) . Ferrari world has three exists A , B and C all Formula Rossacustomers will leave through Exist A , while 50% of Red , and Yellow customers will leave from exit

B , and the other 50% will leave from exit C , for Black customers all of them will leave from exit C

Questions

1. Every Student has to build a model of the system as it exists, save the solution in a file called "Ferrari 1 Model".

2. Be prepared to be asked about any question regarding the contents of the lectures delivered. Study the Powerpoint Slides (Business Simulation 1, 2, 3 and 4) for the test.

3. Study the above Ferrari World Case Study and be prepared to be asked about it in the test and/or presentation. This will include specific implementation or general opinion questions such as
a. how to put into effect a priority in a queue

b. or general improvement questions for the Ferrari world Model as queried bellow

4. Using the existing model as your starting point:

a. Try to improve throughput and resource use by changing the priorities of the work centers. Analyse& understand this model and save your new model as "Ferrari 2 Model". Did you manage to do any improvement?

b. Suggest modifications to improve throughput and resource use for the model , mention each change in the system and its effect to the system performance .

5. The above changes are about trying to obtain improvements to the process that are effectively cost-free. Consider other possible improvements that may have a cost, such as improvements to the capital equipment or technology. For example, could we add additional work center or " game stations "? If yes, where might it be done? What would incur cost?

6. Submit A detailed report that has the answers for the previous mentioned point as well as the two models Ferrari 1 Model and Ferrari 2 Model as a zipped folder on Moodle.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91604751

Have any Question?


Related Questions in Statistics and Probability

The acme insurance company has two types of customers

The ACME Insurance Company has two types of customers, careful and reckless. A careful customer has an accident during the year with probability 0.01. A reckless customer has an accident during the year with probability ...

The times that customers spend in a book store are normally

The times that customers spend in a book store are normally distributed with a mean of 39.5 minutes and a standard deviation of 15.9 minutes. A random sample of 25 customers has a mean of 36.1 minutes or less. Would this ...

Letnbspxnbsp age in years of a rural quebec woman at the

Let  x  = age in years of a rural Quebec woman at the time of her first marriage. In the year 1941, the population variance of  x  was approximately  σ 2  = 5.1. Suppose a recent study of age at first marriage for a rand ...

A manufacturer of matches randomly and independently puts

A manufacturer of matches randomly and independently puts 15 matches in each box of matches produced. The company knows that one-tenth of 6 percent of the matches are flawed. What is the probability that a matchbox will ...

The time spent in days waiting for a heart transplant can

The time spent (in days) waiting for a heart transplant can be approximated by a normal distribution. Day range of 60-200.  u=129 o=20.2.  (a) What is the shortest number of days spent that would put a patient in the top ...

Carrie ds has 67 million shares of common stock outstanding

Carrie D's has 6.7 million shares of common stock outstanding, 3.7 million shares of preferred stock outstanding, and 27.00 thousand bonds. If the common shares are selling for $29.80 per share, the preferred share are s ...

Describe the steps you tooknbspthere are 652 males 396 say

Describe the steps you took.  There are 652 males, 396 say they have been to dentist in past year. Give a confidence interval for 90% of the  population proportion .

Note you will be limited to no more than 3 attempts for

(NOTE: You will be limited to no more than 3 attempts for credit on this problem.) Rework problem 23 from section 4.1 of your text involving a basketball player's three point shooting. Assume that his shots are Bernoulli ...

A representative from your company visited a prison and

A representative from your company visited a prison and sampled 500 prisoners in Kailil , concluding that 90 of them are political prisoners. the Test hypothesis, at the 5% significance level, that one third of the priso ...

Jen amp barrys fast fresh salad bags starts with 280000

"Jen & Barry's Fast Fresh Salad Bags" starts with $280,000 invested. Jen and Barry pay 20% down and finance the balance with a 20-year small business loan at 4.5% compounded monthly. What is the amount of their monthly l ...

  • 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