Question: 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

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 $15 per haircut and takes an average of 15 minutes to complete a haircut. Barber 2 charges $11 per haircut and takes an average of 10 minutes to complete a haircut. On average, 10 potential customers arrive per hour at each barber shop. Of course, a potential customer becomes an actual customer only if he or she finds that the shop is not full. Assuming that inter-arrival times and haircut times are exponential, which barber will earn more money?

Step by Step Solution

★★★★★

3.38 Rating (170 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Model Barber shops with limited seats for waiting Inputs Unit of time hour Arr... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

1497_6049cc6ae774b_695212.xlsx

300 KBs Excel File

Students Have Also Explored These Related Practical Management Science Questions!

Q-1: Each element of the period table is defined by the number of protons in the nucleus of the atom, which assigns the atomic number of the element. The mass number (amu = atomic mass units) of an...

Calvins Barber Shops, Inc. has a monopoly on barbershop services provided on the south side of Chicago because of restrictive licensing requirements, and not because of superior operating efficiency....

We make small elevators which can hold a maximum of ten passengers. One of the direct materials we use is industral strength carpetig for the floor of the elevator. the direct materials quantity...

Two one-barber shops sit side by side in Dunkirk Square. Each shop can hold a maximum of 4 people, and any potential customer who finds a shop full will not wait for a haircut. Barber 1 charges $11...

The following problem is based on the limited queue model in the Limited Queue Template.xlsm file. Two one-barber shops sit side by side in Dunkirk Square. Each shop can hold a maximum of four...

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...

Two one-barber shops sit side by side in Memorial Union. Each shop can hold a maximum of 5 people, and any potential customer who finds a shop full will not wait for a haircut. Barber 1 charges $18...

undefined Problem 1 (10 points) (Calculate to 6 decimal places) Two one-barber shops sit side by side in Memorial Union. Each shop can hold a maximum of 5 people, and any potential customer who finds...

HW- 1 9 Problem 1 ( Calculate to 6 decimal places ) Two one-barber shop s sit side by side in Memorial Union. Each shop can hold a maximum of 5 people, and any potential customer who finds a shop...

6 Two one-man barber shops sit side by side in Dunkirk Square. Each can hold a maximum of 4 people, and any potential customer who finds a shop full will not wait for a haircut. Barber 1 charges $11...

Given the following network, (a) What is the critical path? (b) How long will it take to complete this project? (c) Can activity B be delayed without delaying the completion of the project? If so,...

Consider a computer system that contains an I/O module controlling a simple keyboard/printer Teletype. The following registers are contained in the CPU and connected directly to the system bus: INPR:...

21. Write a multiple regression equation that can be used to analyze the data for a randomized block design involving three treatments and two blocks. Define all variables.

4. To counter the possibility that chemotherapy-induced nausea will result in the development of taste aversions, patients should be fed meals that consist mostly of highly (familiar/unfamiliar)...

Discuss how output from a marketing information system (MIS) might differ from the output of a typical marketing research department.

Discuss some of the likely problems facing the marketing manager in a small firm who plans to search the Internet for information on competitors marketing plans.

Explain the key characteristics of the scientific method and show why these are important to managers concerned with research.

Dominair is a Low-Cost carrier operating a network of rol which the average sector length is 2000km. Dominair op a mix of leased \& owned aircraft, all fitted in a full econom layout. In H1 2044, it...

Q4) A stock is expected to pay a dividend of $1 per share in 2 months and in 5 months. The stock price is $40, and the risk-free rate of interest is 7% per annum with continuous compounding for all...

The Nutrex Corporation wants to calculate its weighted average cost of capital. Its target capital structure weights are 40 percent long term debt and 60 percent common equity. The before tax cost of...