Alice needs to decide where to get a haircut. She has narrowed the choice down to...

Alice needs to decide where to get a haircut. She has narrowed the choice down to two local hair salons – Wonderland Hair Salon (WHS) and Puzzleland Hair Salon (PHS). During busy periods, a new customer walks into WHS every 15 minutes on average, with a standard deviation of 15 minutes. At PHS, a customer walks in every hour on average, with a standard deviation of 1 hour. WHS has a staff of 4 stylists, while PHS has 1 stylist. The average service time at both salons is 30 minutes, with a standard deviation of 30 minutes. Q1. If Alice walks into WHS during a busy period, how long must she wait in line (in minutes) before she receives a haircut? (Only include the waiting time, not any service time)

Q2. What is the total average flow time (in minutes) of WHS, which includes both the waiting time and the time in service?

Expert Solution

orchestra answered 2 years ago

Rondo is in the market for a new car. He has narrowed his search down to...

Rondo is in the market for a new car. He has narrowed his search down to 2 models. Model A costs $39,000 and Model B costs $34,000. With both cars he plans to pay cash and own them for 4 years before trading in for a new car. His research indicates that the trade in value for Model A after 4 years is 59% of the initial purchase price, while the trade in value for Model B is 41%. The...

Bob has offered Alice the choice between the following two options:

Bob has offered Alice the choice between the following two options:Option A) Receive $10,000 in one year from today OptionB) Receive $500 every year starting one year from todayThe interest rate is fixed at 5%. Alice wants to choose the option with the higher present value. Calculate the present value for each option and determine which option should she choose?

Table 11.8 An operations manager has narrowed down the search for a new plant for Burdell...

Table 11.8 An operations manager has narrowed down the search for a new plant for Burdell Industries to three locations. Fixed and variable costs follow. Location Fixed Cost Variable Cost A $100,000 $10 B $150,000 $7 C $200,000 $5 Use the information in Table 11.8 to determine the best statement. A. Location C is the best one if volumes are quite high. B. The breakminuseven quantity between C and B is more than 30,000 units. C. The breakminuseven quantity between...

A firm has narrowed down the search for its new plant location to three locations. The...

A firm has narrowed down the search for its new plant location to three locations. The fixed and variable costs for each of the three locations are as given below: Location Fixed Cost Variable Cost A $100,000 $10 B $150,000 $7 C $200,000 $5 The break-even quantity between C and B is more than 20,000 units. True False

Your professor is going on vacation. He has narrowed down a list of potential hotels, but...

Your professor is going on vacation. He has narrowed down a list of potential hotels, but he is still overwhelmed by the data. He loves great food and wants to do all the activities at the resort. 1. Develop two unique ways to display the data (two unique types of charts) to show him where he should stay. 2. Recommend the best way to present the data. Write a narrative summary of what hotel you recommend based on the data...

Adriana Alvarado has decided to purchase a personal computer. She has narrowed the choices to two:...

Adriana Alvarado has decided to purchase a personal computer. She has narrowed the choices to two: Drantex and Confiar. Both brands have the same processing speed, 6.4 gigabytes of hard-disk capacity, two USB ports, a DVD drive, and each comes with the same basic software support package. Both come from mail-order companies with good reputations. The selling price for each is identical. After some review, Adriana discovers that the cost of operating and maintaining Drantex over a three-year period is...

Your BANA II professor is going on vacation. He has narrowed down a list of potential...

Your BANA II professor is going on vacation. He has narrowed down a list of potential hotels, but he is still overwhelmed by the data. He loves great food and wants to do all the activities at the resort. Refer to the attached Excel workbook to complete the following 2 questions: 1. Develop two unique ways to display the data (two unique types of charts) to show him where he should stay. Save the graphs in the Blackboard Midterm Tab....

Every morning the foreman flips a coin to decide which group of planters get first choice...

Every morning the foreman flips a coin to decide which group of planters get first choice of the day's planting sites. You think the foreman doesn't like your group (we won't go into the reasons why, but your suspicions are well-founded) and that he's rigging the coin tosses against your group. You keep track for 12 days and note that 10 of the 12 coin tosses have gone against your group. Test the hypothesis (at α=.05) that the foreman is...

1. Debbie is about to choose a career path. She has narrowed her options to two...

1. Debbie is about to choose a career path. She has narrowed her options to two alternatives. She can either become a marine biologist or a concert pianist. Debbie lives two periods. In the first, she gets an education. In the second, she works in the labor market. If Debbie becomes a marine biologist, she will spend $15,000 on education in the first period and earn $472,000 in the second period. If she becomes a concert pianist, she will spend...

A friend of yours needs bypass surgery. She does not want to get blood from a...

A friend of yours needs bypass surgery. She does not want to get blood from a blood blank and asks you to call up her friends and ask them to donate blood. Her blood type is A- You find out that 4 have blood type O+; 5 have blood type A+; 1 has blood type O-; 1 has blood type B-; 1 has blood type AB- You will ask the friends with blood type/s _______________________ to donate blood. Why? Your...

Question