A)

B)

Max Stamp approves study abroad documents for the university. Students must wait in line with their forms outside Max's office. One student at a time is allowed in his office and Max takes precisely 10 minutes to evaluate each student's set of documents. On average, 5 students per hour go to his office and they spend, on average, 160 minutes trying to get their forms approved (time waiting in queue plus time in Max's office having him evaluate their documents). (Round your answer to 1 decimal place.) On average, how many students are waiting outside of Max's office? Larry Ellison starts a company that manufactures high-end custom leather bags. He hires three employees. Each employee only begins working on a bag when a customer order has been received and then she makes the bag from beginning to end. The average production time of a bag is 1.9 days, with a standard deviation of 2.6 days. Larry expects to receive one customer order per day on average. The interarrival times of orders have a coefficient of variation of one. (Carry at least 4 decimal places in all intermediate calculations. Round your final answer to 2 decimal places.) What is the expected duration, in days, between when an order is received and when production begins on the bag? days