Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

Jakes needs to decide where to get a haircut. He has narrowed the choice down to two local hair salons – Large Cuts (LC) and Small Cutters (SC).

A new customer walks into LC every 15 minutes on average, with a standard deviation of 15 minutes. At SC, a customer walks in every hour on average, with a standard deviation of 1 hour. LC has a staff of 4 barbers, while SC has 1 barber. The average service time at both salons is 30 minutes, with a standard deviation of 30 minutes.

LC will buy out SC. LC will then close SC’s operations and serve all customers, including existing SC customers, at the LC location only. Assuming that the previous traffic of SC customers now flows to the LC location, what is the new inter-arrival time (in minutes) at LC?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92277843

Have any Question?


Related Questions in Operation Management

For this assignment you will need to find 2 articles in

For this assignment, you will need to find 2 articles in business that can help describe what are IT strategic initiative being undertaken by an organization are like. Choose a different organization for each of the arti ...

1 discuss your organizationrsquos performance management

1. Discuss your organization’s performance management system (PMS) or the PMS of an organization with which you are familiar. What are its advantages and disadvantages, and what might be done to improve it? 2. Explain th ...

4 questions minimum 300 words total for all four questions1

4 Questions, Minimum 300 words total for all four questions. 1. Do you consider Facebook, Myspace, and LinkedIn forms of disruptive or sustaining technology? Why? 2. What is meant by Business 2.0? How is it different fro ...

Identify a conceptual or theoretical frameworkit is of

Identify a Conceptual or Theoretical Framework It is of paramount importance that you identify an overall organizing structure in the literature using a theoretical/conceptual framework. Typically, DBA students focus mor ...

What is work place diversity briefly speaking itrsquos a

What is work place diversity? Briefly speaking, it’s a company’s strategy that implies hiring employees of different ages, races, ethnicities, and genders. Is it just tolerance in an effective marketing strategy? Find th ...

1 choose 1 strategy for building emotional intelligence in

1. Choose 1 strategy for building emotional intelligence in groups + implement it in one of your teams/groups. What did you do and how did it go? (describe in a few sentences) 2. What is the punctuated-equilibrium model? ...

1 why have most companies adopted a social media as their

1. Why have most companies adopted a social media as their marketing strategy? 2. What are the strengths of the 5 levels of leadership: proven steps to maximize your potential by john maxwell 3. “Greed, for lack of a bet ...

Think about the practical skills you can acquire from a

Think about the practical skills you can acquire from a research and design class. How do you think the skills acquired in this class will help you in other areas of your life? Why is it important for members of our soci ...

Lexi lauren and madeleine continued their discussion

Lexi, Lauren and Madeleine continued their discussion. “Most errors in capital budgeting occur when adjusting for the time value of money,” said Lexi. “No”, said Lauren, “most errors occur when one is interpreting result ...

1 what are the benefits of a third-party intervention by a

1. What are the benefits of a third-party intervention by a manager among the employees he or she manages? What are the drawbacks? 2. Describe specific conflict situations in your work or that you might anticipate when y ...

  • 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