The small mail-order firm Seas Beginning has one phone line. An average of 60 people per hour
Question:
The small mail-order firm Sea’s Beginning has one phone line. An average of 60 people per hour call in orders, and it takes an average of one minute to handle a call. Time between calls and time to handle calls are exponentially distributed. If the phone line is busy, Sea’s Beginning can put up to c – 1 people on hold. If c – 1 people are on hold, a caller gets a busy signal and calls a competitor. Sea’s Beginning wants only 1% of all callers to get a busy signal. How many people should it be able to put on hold, that is, what is the required value of c?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (8 reviews)
Model Calls to Seas Beginning Inputs Unit of time hour Arrival rate 60 customershour Service rate 60 ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Practical Management Science
ISBN: 978-1305250901
5th edition
Authors: Wayne L. Winston, Christian Albright
Question Posted:
Students also viewed these Business questions
-
Dr. Alyx Hemmings is employed by Mesa Dental. Mesa Dental recently installed a computerized job-order costing system to help monitor the cost of its services. Each patient is assigned a job number...
-
The Dynaco Manufacturing Company has an assembly line that feeds two drill presses. As partially completed products come off the line, they are lined up to be worked on as drill presses become...
-
ZIM Inc. (ZIM) is a high-technology company that develops, designs, and manufactures telecommunications equipment. ZIM was founded in Year 5 by Dr. Alex Zimmer, the former assistant head of research...
-
How can your knowledge of meat and meat cookery be used to understand protein substitutions for vegan dishes, such as tofu, texturized soy protein, grains, or beans?
-
How can organizations improve the effectiveness of their recruiters?
-
Indicate the expenditure-changing and expenditure-switching policies required to achieve external and internal balance simultaneously for points C 2 , C 5 , C 8 , and C 11 , in the figure for Problem...
-
A cylindrical volume of space contains a uniform magnetic field of magnitude \(0.12 \mathrm{~T}\) but unknown direction. If the dimensions of the cylindrical volume are length \(\ell=0.060...
-
The Two-Rivers Oil Company near Pittsburgh transports gasoline to its distributors by truck. The company recently contracted to supply gasoline distributors in southern Ohio, and it has $600,000...
-
* Select the jobs of the operating system many answers Manage CPU and Memory Provide computer with power Provide user interface Cool down the computer
-
1. If Amanda and David wanted to transfer the ownership of all 5 policies to Paws and Claws today through an absolute assignment, calculate the total amount of their donation receipt they would be...
-
How long does it take to reach steady state? Use simulation, with the Multi-server Simulation.xlsm file, to experiment with the effect of warm-up time and run time on the key outputs. For each of the...
-
Two one-barber shops sit side by side in Dunkirk Square. Each shop can hold a maximum of four people, and any potential customer who finds a shop full will not wait for a haircut. Barber 1 charges...
-
Show that the function f(t) = 1/t 2 does not possess a Laplace transform. Write {1/t 2 } as two improper integrals: Show that I 1 diverges. st L{1/r} dt+ -dt 1 + 1. %3D
-
1. Select a company and analyze how at least three (3) of its internal functions (e.g., Management, marketing, and R&D) negatively or positively contribute to the implementation of its strategy or...
-
1. The market for products designed for young adults in North America is expand- ing. Provided is a stemplot of the percents of residents aged 25-35 in select Canadian cities for 2012 as estimated by...
-
Problem 1 Consider the homogeneous system ( S ) w 3 x + 5 y z = 0 2 w x 2 y + z = 0 w 7 y + 7 z = 0 Show that the set of solutions of ( S ) is a vector subspace of R 4 .
-
In the audit of Beatles Company, the auditor had an appreciation of the following schedule and noted some comments for possible adjustments : Customer Love M. Do Strawberry Fields This Boy Company...
-
Booking.com finds out that a lot of its website users from the US, who wants to go to Italy, are abandoning the site after looking through various hotel options in Italy. This could be due to the...
-
Imagine that AutoNation is contemplating a project that requires a $350 million initial outlay and features an NPV of $48 million. The firm is all-equity financed and has $150 million in cash that it...
-
In the circuit shown in Figure 4, a battery supplies a constant voltage of 40 V, the inductance is 2 H, the resistance is 10, and l(0) = 0. (a) Find l(t). (b) Find the current after 0.1s.
-
Some critics argue that the Foreign Corrupt Practices Act puts U.S. businesses at a disa d vantage when competing in foreign markets with suppliers from other countries that do not have similar laws....
-
Discuss the concept of a marketing information system and why it is important for marketing managers to be involved in planning the system.
-
In your own words, explain why a decision support system (DSS) can add to the value of a marketing information system. Give an example of how a decision support system might help.
-
(i) When should a firm cut dividend pay out rate and increase retention rate to maximize share price? (ii) How can the dividend-discount model handle changing growth rates?
-
November 2021 (actual) December 2021 (budgeted) January 2022 (budgeted) Cash sales $ 80.000 Credit sales Total sales 240,000 $320,000 $100,000 360,000 $460,000 $ 60,000 180,000 $240,000 Management...
-
A firm has 200 shareholders, you among them. Each shareholder owns $20 worth of sto addition, Mr. Hostile owns 50 shares (for a firm total of 250 shares) and is trying to fi management. In an attempt...
Study smarter with the SolutionInn App