Question: Background: Using the random number generator functions in EXCEL allows us to simulate situations in which outcomes are random, and to extract information such as

Background: Using the random number generator functions in EXCEL allows us to simulate situations in which outcomes are random, and to extract information such as how average times are affected by the random nature of the events.
About the lab: In this lab, a simulation is built in EXCEL to simulate the time that customers spend at a grocery store checkout. The purpose of the simulation is to help the store manager decide how many checkouts need to be open at busy times. In the simulation a single checkout line is simulated, however opening more checkouts would affect how often customers arrive at any one checkout so the simulation can be used to see the effects of opening more checkouts by changing the arrival time values. From observations of the current checkouts, the manager knows that the average time between customers arriving at a checkout is 2 minutes with a standard deviation of 0.5 minutes. The time to complete a customer's check out once they arrive at the front of the queue is uniformly distributed between 0.5 minutes and 2.5 minutes. This information is in rows 3 to 5 of the lab template.
The final result of the lab should be a simulation that indicates an average time and maximum time that a customer will spend at a checkout.Directions
In Cell B9 use NORM.INV to generate a time for Customer 2 to arrive at the checkout. Don't forget that the random time generated by NORM.INV is the time after the previous customer arrived.
In Cell C9 use the IF function to determine if the previous customer had already finished checking out when this customer arrived and assign the front of line time accordingly.
In Cell D9 use the RAND function to determine when Customer 2 completes their checkout.
In Cell E9 calculate the total time the Customer spends at the checkout (i.e. the time from when they first arrive at the checkout queue until they complete the checkout).
Copy the formulas in Row 9 to Rows 10 to Row 57 so that the times are simulated for 50 customers.In Cell H2 use the AVERAGE function to calculate the average time a customer spends at the checkout (including any wait time).
In Cell H6 use the MAX function to calculate the maximum time that any of the 50 customers spend at the checkout.
Save your workbook and submit it through the Moodle page.Home
Insert
Draw
Page Layout
Formulas
Data
A58
A
B
C
D
fx
1
Checkout Queue Simulation
Average time between customers
Standard deviation
Time to check out
Customer Arrival time
Front of Line
D
epart Checkout Time at checkout
\table[[1,0,2.146026798,2.146026798]]
 Background: Using the random number generator functions in EXCEL allows us

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

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

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!