Problemthe manager of a tourist attraction is concerned, Ask an Expert

Accounting

Problem

The manager of a tourist attraction is concerned with negative customer reviews regarding the waiting time to enter the attraction. Analyzing the historical data for waiting times on Sunday, there are two waves of peak customer arrivals - 10am-12pm and 2pm-4pm. During these times, customers arrive at the rate of 1 customer per minute. The attraction opening times are between 9am and 6pm, customers stop arriving at 5pm and the arrival rate outside of peak hours is 0.5 customer per minute. Admission to the attraction requires a ticket purchase and takes 3 minutes on average. At all times, there are two admission check-points (registers).

Ignoring any unpredictable variability in both arrivals and processing times and assuming a continuous/fluid and deterministic flow of customer, construct a build-up diagram to answer the following questions:

1. What is the maximum number of customers waiting for admission to the attraction? Assume customers do not leave after arriving to the attraction.

2. How many customers are not able to enter the attraction before closing at 6pm?

3. The manager decides to install an additional admission point to be staffed on Sunday afternoons. How many minutes before the last customer arrives would the addition register need to start working so that all customers enter the attraction by 5pm?

View complete question

Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92748784

Have any Question?Write your Review or question?

Related Questions in Accounting Basics

Question 1 calculate the cost per minute for each type of

Question: 1. Calculate the cost per minute for each type of employee. 2. Calculate total costs per patient and price per patient at each level of care. The response must be typed, single spaced, must be in times new roma ...

Question - various financial ratios could be used to

Question - Various financial ratios could be used to analyse a company's financial performance and position. a) What ratios would you calculate to evaluate a company's profitability? Provide two examples of the ratios an ...

Question 1calculate total revenues and expenditures for

Question: 1. Calculate total revenues and expenditures for each year. 2. Calculate each revenue source and expenditure category as a percentage of the total budget for each year (for example, property tax for 2008 = 52,2 ...

Intermediate product cost calculationfrom the information

Intermediate: Product cost calculation From the information given below you are required to: (a) Prepare a standard cost sheet for one unit and enter on the standard cost sheet the costs to show sub-totals for: (i) prime ...

Question - recent financial statements of general mills inc

Question - Recent financial statements of General Mills, Inc. report net sales of $12,442,000,000. Accounts receivable are $912,000,000 at the beginning of the year and $953,000,000 at the end of the year. Compute Genera ...

Question - suppose pampg and gillette went ahead with the

Question - Suppose P&G and Gillette went ahead with the taxable acquisition. The next question is whether P&G would find it in beneficial to make a 338 election with respect to Gillette. Assume that the tax basis of Gill ...

Question in your readings this module you were introduced

Question: In your readings this module, you were introduced to Activity-Based Costing or ABC. It is a method used to determine a reliable predetermined benchmark for the allocation of overhead costs to the products produ ...

Question - x company makes two products a and b and uses an

Question - X Company makes two products, A and B, and uses an activity-based costing overhead allocation system, with three cost pools and three cost drivers. Budgeted costs and driver information for 2017 were as follow ...

Question - mary also provided you with third quarter

Question - Mary also provided you with third quarter monthly expense data to assist in constructing your budget. The next table presents that information: Monthly Expense Item Amount Administration $2,500 General 6% of s ...

Question - on january 2 2017 alpha corporation issued 15000

Question - On January 2, 2017, Alpha Corporation issued 15,000 shares of $10 par value common stock for $15 per share. On July 1, 2017, Alpha reacquired 1,000 of these shares when they were trading $20 each. September 1, ...

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

Recent Questions

Ask Accounting Basics Expert