The average daily demand is 150 customers. the convenience, Ask an Expert

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Ralph's Convenience store has a variable demand. The daily demand ranges from 135 to 165 customers a day who average purchasing 5 items each. The average daily demand is 150 customers. The convenience store currently operates 6 hours a day. Each order takes approximately 2 minutes.

Required:

a. What is the average customer waiting time, in minutes?

b. What is the cycle time for an order?

C. Ralph has decided that the waiting time is too long and has increased his workday to 7.5 hours. What is the waiting time now?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9418564

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