Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Management Theories Expert

problem 1:

United Dairies Inc., supplies milk to numerous independent grocers throughout Florida. Management wants to develop a forecast of number of half-gallons of milk sold per week.  Sales data (in units) for the past twelve weeks are as follows:

Week 

Sales   

Week 

Sales   

1

2750

7

3300

2

3100

8

3100

3

3250

9

2950

4

2800

10

3000

5

2900

11

3200

6

3050

12

3150

Use exponential smoothing, with, 4. 0 = α to develop a forecast of demand for week 13.

problem 2:

Suppose that at a bank teller window the customers arrive in their cars at the average rate of 20 per hour according to a Poisson distribution. Suppose also that the bank teller spends an average of two minutes per customer to complete the service, and the service time is exponentially distributed.  Customers, who appear from an infinite population, are served on a first-come-first-served basis, and there is no limit to possible queue length.

(i) What is the expected waiting time in system per customer?

(ii) What is the mean number of customers waiting in system?

(iii) What is the probability of zero customers in system?

(iv) What value is utilisation factor?

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M98176

Have any Question? 


Related Questions in Management Theories

Questionas a supply chain consultant for a global company

Question: As a supply chain consultant for a global company one has to be aware of the extra costs of importing goods into the US. US Customs can add significant costs to ownership when you add Anti-Dumping (AD) and Coun ...

Read the article attached and complete a 1-2 page article

Read the article attached and complete a 1-2 page article review. The article review should include the following: Summary of the article. What the key points of the article. What are the top three items you feel are imp ...

Discussion question - five bases of powerconduct research

Discussion Question - Five Bases of Power Conduct research on French and Raven's five bases of power, which include coercive, legitimate, reward, referent, and expert power. For the first part of your post, choose five l ...

Imagine your manager has requested that everyone in the

Imagine your manager has requested that everyone in the company take the StrengthsFinder test. Now, your manager has asked you to put together a training tool on how to best coach and develop employees in the decision ma ...

The impact of transportation disruptions on supplychain

The impact of transportation disruptions on supply Chain Performance Martha C. Wilson College of Business Administration, California State University, Sacramento 6000 J Street, Sacaremento, CA 95819-6088, United States R ...

Each question must be a minimum of 200 words each question

Each question must be a minimum of 200 words. Each question should have a minimum of 1 scholar source for a total of 4 sources minimum. Cite sources in APA format. 1. In your opinion; what are the pros and cons of global ...

Read the zappos delivering customer satisfaction casewrite

Read the "Zappos: Delivering Customer Satisfaction" case, Write a four to six (4-6) page paper in which you: Analyze the manner in which Zappos' leadership has fostered a culture of ethicalness in the company. Suggest tw ...

Read the following articlepreston g moon j simon r allen s

Read the following article: Preston, G., Moon, J., Simon, R., Allen, S., &Kossi, E. (2015). The relevance of emotional intelligence in projectleadership. Journal of Information Technology and Economic Development, 6(1), ...

The family and medical leave act fmla was enacted in 1993

The Family and Medical Leave Act (FMLA) was enacted in 1993 and entitles eligible employees of employers covered under it to take unpaid, job-protected leave for specific family and medical reasons. During this leave, gr ...

Distribution place strategy - discussionretailing -

Distribution (Place) Strategy - Discussion Retailing - Consumer Perceptions Retailing has an impact on the daily lives of each individual all over the world. Retailing is "all the activities directly related to the sale ...

  • 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

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro