Consider the Arnolds Muffler Shop example in Figure 9.8. Arnold has three chairs in the waiting room
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Consider the Arnold’s Muffler Shop example in Figure 9.8. Arnold has three chairs in the waiting room area.
(a) If all customers who bring their cars into the shop want to wait in the waiting room, what is the probability that someone will not have a seat?
(b) Arnold wants to provide a comfortable waiting room experience, so he would prefer that the probability that a customer has to stand is no more than 3%. How many more chairs will he need to purchase? You may need to re-run the model in Excel to find out.
Figure 9.8
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Related Book For
Managerial Decision Modeling Business Analytics With Spreadsheet
ISBN: 9781501515101
4th Edition
Authors: Nagraj Balakrishnan, Barry Render, Ralph Stair, Charles Munson
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