Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

The ticket booth on the Tech campus is operated by one person, who is selling tickets for the annual Tech versus State football game on Saturday. The ticket seller can serve an average of 12 customers per hour (Poisson distributed); on average, 8 customers arrive to purchase tickets each hour (poisson distributed). Determine the average time a ticket buyer must wait and the portion of time the ticket seller is busy.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M91701136

Have any Question?


Related Questions in Operation Management

Hartman electronics is a small retail electronics store

Hartman Electronics is a small retail electronics store. Among the items they sell are two different DVD players from a particular manufacturer. There is a base model and a deluxe model. They are planning inventory order ...

Critical thinking is the intellectually disciplined process

Critical thinking is the intellectually disciplined process of actively and skillfully conceptualizing, applying, analyzing, synthesizing, and/or evaluating information gathered from, or generated by, observation, experi ...

Social media is the use of information technology to

Social media is the use of information technology to support the sharing of content among networks of users. It is dynamic by its very nature, and so social media’s effects on business processes will also be dynamic. In ...

1 design an effective and creative marketing communication

1. Design an effective and creative marketing communication (print advertisement) of your own, for Pepsi any one of its products for the chosen target market. 2. A well-written report would contain the following elements ...

1 what are the benefits of 360-degree feedback from a

1. What are the benefits of 360-degree feedback from a performance appraisals? 2. Which learning approach, the behavioral aproach or Bandura's social learning theory, do you find more appropriate for people? 3. Is NLRA ( ...

1 explain the difference in related and unrelated

1. Explain the difference in related and unrelated diversification. Identify two companies that have achieved earning's growth through related diversification and two that have achieved such growth in unrelated diversifi ...

Read and cite two articles in the university library on a

Read and cite two articles in the University Library on a current event or issue. One article should come from a newspaper and the other from a magazine or journal. The key factor is that they come from the University Li ...

A functional organizational culture will be one in which

A functional organizational culture will be one in which the ‘way’ of the employees conducting work, their interactions in doing so, supports attaining organizational goals. Dysfunctional cultures will have a primary ‘wa ...

Major threats facing the vitamin shoppe and how these might

Major threats facing the Vitamin Shoppe, and how these might be eliminated, diminished, or deflected. Frame each threat as something present in or emerging from outside of the Vitamin Shoppe. The same technological trend ...

Evaluate the similarities and differences of both the

Evaluate the similarities and differences of both the analytical and emergent approaches to strategic management. Evaluate the benefits of combining the two models.

  • 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