Question

A barbershop has the following demand for haircuts on Saturday, which is its busiest day of the week.
Number of Haircuts Probability
20 ............... .1
25 ............... .3
30 ............... .4
35 ............... .1
40 ............... .1
a. What is the average demand for haircuts on Saturday?
b. If the capacity is 35 haircuts, what is the average utilization of the shop?
c. If capacity is 35 haircuts, how much of a capacity cushion does it have?
d. If it costs $50 per lost haircut due to customer dissatisfaction and $100 for each unit of capacity provided, how much capacity should be built to minimize costs?


$1.99
Sales2
Views112
Comments0
  • CreatedSeptember 20, 2015
  • Files Included
Post your question
5000