Question

In: Operations Management

PLEASE SHOW ALL WORK IN EXCEL!!!!!!! SHOW CALCULATIONS / FORMULAS IN EXCEL!!!!!!!! Voters arrive at a...

PLEASE SHOW ALL WORK IN EXCEL!!!!!!!

SHOW CALCULATIONS / FORMULAS IN EXCEL!!!!!!!!

Voters arrive at a polling station at an average of 4 per minute (Poisson) where the service rate is 50 per hour (Poisson).

a. What is the average number of voters in the system with 5 voter booths? (10 pts)

b. What is the minimum number of voting booths needed to keep the average time in the system under three minutes? (10 pts)

PLEASE SHOW ALL WORK IN EXCEL!!!!!!!

SHOW CALCULATIONS / FORMULAS IN EXCEL!!!!!!!!

Solutions

Expert Solution

Solution:

Given that

Voters arrive at a polling station at an avg of 4 per minute.

The service rate is 50 per hour.

Determine the given value in the question by using the excel solver in this case:

Using the following excels formula are given below:

Cell

Formula

Copy to

B12

=($B$4/$B$5)^A12/FACT(A12)

B12:B17

C16

=SUM(B$11:$B15)

C16:C17

D16

=+B16/(1-$B$4/(A16*$B$5))

D16:D17

E16

=1/(C16+D16)

E16:E17

F16

=$B$4/($B$5*A16)

F16:F17

G16

=+E16*B16*F16/(1-F16)^2

G16:G17

H16

=G16+$B$4/$B$5

H16:H17

I16

=G16/$B$4

I16:I17

J16

=I16+1/$B$5

J16:J17

Arrival rate = 4 per minute = 4*60 per hour = 240 per hour

a) Average number of voters in the system with 5 voter booths (L) = 26.44 (refer cell H16)

b) Target average time in system (W) = 3 minutes = 3/60 hour = 0.05 hour

For s = 6, W = 0.0286, which is less than target W of 0.05

Hence, minimum number of voting booths needed to keep the average time in system under three minutes = 6 voting booths


Related Solutions

Please use excel and show all work and formulas. (I will give your work a like...
Please use excel and show all work and formulas. (I will give your work a like if you do this) Size (1000s sq. ft) Selling Price ($1000s) 1.26 117.5 3.02 299.9 1.99 139.0 0.91 45.6 1.87 129.9 2.63 274.9 2.60 259.9 2.27 177.0 2.30 175.0 2.08 189.9 1.12 95.0 1.38 82.1 1.80 169.0 1.57 96.5 1.45 114.9 What are the p-values of the t test (for the slope estimate) and F test? What is the coefficient of determination? What is...
Please show all calculations and formulas. If using Escel, please show data/formulas. practice 10: Show the...
Please show all calculations and formulas. If using Escel, please show data/formulas. practice 10: Show the effects of these transactions on the balance sheet equity accounts. Presently the stock price is $20 per share. You started with: common stock ($1 par value) $10,000, capital surplus $100,000, retained earnings $200,000: a. 12% stock dividend b. repurchased 1,000 shares (repurchase price is PV of 20)
Please explain in detail and show work where applicable. Please show any formulas or calculations and...
Please explain in detail and show work where applicable. Please show any formulas or calculations and explain them. - perhaps you would Soft Peg the small coutry to a basket of Germany and France's currencies? - please explain? Practice # 10 You have been hired as a consultant to the central bank for a small country that, for many years, has suffered from repeated currency crises and rampant inflation. The country depends heavily on both the German and French financial...
Show all work and show the formulas used for the calculations. Given the information below: 2018...
Show all work and show the formulas used for the calculations. Given the information below: 2018 2017 Current Assets 12,785 13,220 Total Long-Term Assets 16,999 15,877 Current Liabilities 10,034 10,866 Total Liabilities 15,034 15,966 Common Stock 4,010 3,980 Retained Earnings 10,740 9,151 Depreciation Expense: 850 EBIT 4,950 Interest Expense 625 Taxable Income* 4,325 *Assume a tax rate of 24% round to the nearest dollar Calculate the following for 2018. Show all work or formulas used. Free Cash Flow (Cash Flow...
please write all formulas and show your work without using excel Using the information in Question...
please write all formulas and show your work without using excel Using the information in Question 1, what is the break-even market size for the project? Show your work, and round to the nearest unit. Refer to question 1: Consider a project with annual expected income based on approximately $125 million in revenue and approximately $77.5 million in total variable cost. You realize that both of these numbers are projected, and that your projections may be incorrect. Your boss wants...
***Excel is required to solve this problem. Please use excel and show all formulas used in...
***Excel is required to solve this problem. Please use excel and show all formulas used in each cell I would really appreciate the work*** Three-Stage FCFE Model: Biomet Inc., designs, manufactures and markets reconstructive and trauma devices, and reported earnings per share of $0.56 in 1993, on which it paid no dividends. (It had revenues per share in 1993 of $2.91). It had capital expenditures of $0.13 per share in 1993 and depreciation in the same year of $0.08 per...
In EXCEL Please: you must show your work in Excel, which includes providing the formulas in...
In EXCEL Please: you must show your work in Excel, which includes providing the formulas in the cells, not just the summary value. You may not earn full points if you do not show your work in detail. JLR Enterprises provides consulting services throughout California and uses a job-order costing system to accumulate the cost of client projects. Traceable costs are charged directly to individual clients; in contrast, other costs incurred by JLR, but not identifiable with specific clients, are...
Please show work and answers with the excel formulas According to the Sleep Foundation, the average...
Please show work and answers with the excel formulas According to the Sleep Foundation, the average night's sleep is 6.5 hours. Assume the standard deviation is 0.5 hours and thatthe probability distribution is normal. A. What is the probability that a randomly selected person sleeps more than 8 hours? B).What is the probability that a randomly selected person sleeps 6 hours or less? C).  Doctors suggest getting between 7 and 9 hours of sleep each night? What percentage of the population...
Please show formulas using excel Build a spreadsheet: Construct an Excel spreadsheet to solve all of...
Please show formulas using excel Build a spreadsheet: Construct an Excel spreadsheet to solve all of the preceding requirements. Show how the solution will change if the following data change: the April 1 work-in-process costs were $66,000 for direct material and $18,000 for conversion. Work in process, April 1—10,000 units: Direct material: 100% complete, cost of .........................................................................................................$ 22,000 Conversion: 20% complete, cost of ................................................................................................................. 4,500 Balance in work in process, April 1 ..................................................................................................................$  26,500 Units started during April ......................................................................................................................................100,000 Units...
Please explain your answer clearly. Please show all the formulas and calculations (please do not use...
Please explain your answer clearly. Please show all the formulas and calculations (please do not use excel): Anchor Ltd paid $15,000 last quarter for a feasibility study regarding the demand for motorboat replacement parts which would require the purchase of a new metal-shaping machine. Today, they wish to conduct an analysis of the proposed project. The machine costs $250,000 and will operate for five years and tax rules allow the machine to be depreciated to zero over a five-year life....
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT