Question: Please help and provide steps. Thank you so much Benny the Barber owns a one-chair shop. At barber college, they told Benny that his customers

Please help and provide steps. Thank you so much

Benny the Barber owns a one-chair shop. At barber college, they told Benny that his customers would exhibit a Poisson arrival distribution and that he would provide an exponential service distribution. His market survey data indicate that customers arrive at a rate of 4.0 per hour. It will take Benny an average of 10 minutes to give a haircut. Based on these figures, find the following: a. The average number of customers waiting. (Round your intermediate calculations to 3 decimal places and final answer to 2 decimal places.) Average number of customers waiting b. The average time a customer waits. (Round your answer to 2 decimal places.) Average waiting time minutes c. The average time a customer is in the shop. (Round your intermediate calculations to 3 decimal places and final answer to 1 decimal place.) Average time minutes d. The average utilization of Benny's time. (Round your intermediate calculations to 3 decimal places and final answer to 1 decimal place.) Average utilization %

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!

Required information (The following information applies to the questions displayed below.) Built-Tight is preparing its master budget for the quarter ended September 30. Budgeted sales and cash...

Benny the Barber owns a one-chair shop. At barber college, they told Benny that his customers would exhibit a Poisson arrival distribution and that he would provide an exponential service...

ers 3, 6, &7) i Benny the Barber owns a one-chair shop. At barber college, they told Benny that his customers would distribution and that he would provide an exponential service distribution. His...

Benny the Barber owns a one-chair shop. At barber college, they told Benny that his customers would exhibit a Poisson arrival distribution and that he would provide an exponential service...

At barber college, they told Benny that his customers would exhibit a Poisson arrival distribution and that he would provide an exponential service distribution. His. market survey data indicate that...

According to data from Statistics Canada, Chinese is the mother tongue of 8.1% of Toronto residents. a. If 3 Toronto residents are randomly selected, find the probability that they all have Chinese...

If the current price of a company's stock is $26.80 and it is likely to pay a dividend of $2.55 next year. Given that analysts estimate that the company will have a growth rate of 14%, what is its...

The principal amount of a loan to be repaid at the ending date or maturity date of the loan.

As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes...