Average waiting times and ride times for two of Dizzy World's rides are as follows: a. Calculate

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Average waiting times and ride times for two of Dizzy World's rides are as follows:


a. Calculate the percent value-added time for each ride.
b. Now suppose DizzyWorld puts in place a reservation system for the Haunted Roller Coaster ride.
Here's how it works: The customer receives a coupon that allows him to come back in 40 minutes and immediately go to the front of the line. In the meantime, the customer can wait in line and then ride the Magical Mushroom. Under this new system, what is the customer's total time waiting? Total time riding? What is the new percent-value added time?

Coupon
A coupon or coupon payment is the annual interest rate paid on a bond, expressed as a percentage of the face value and paid from issue date until maturity. Coupons are usually referred to in terms of the coupon rate (the sum of coupons paid in a...
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