Question: Please show excel calculations and use excel to answer this question. HW 4- All work must be completed in 1 excel file that, when necessary,

Please show excel calculations and use excel to answer this question.

HW 4- All work must be completed in 1 excel file that, when necessary, includes cells that make calculations.

  1. Shoppers arrive at a retail store at an average of 10 per minute (Poisson) where the service rate is almost 207 per hour (Poisson).
    1. What is the average number of shoppers in the system with 3 cashiers? (10 pts)

  1. What is the minimum number of cashiers needed to keep the average time in the system under three minutes? (10 pts)

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!

Q:

Differential Analysis Problems Attached Files: 7 Differential Analysis Problems.xIsx (9) (40.262 KB) Instructions: 1. The attached Excel file contains a series of Differential Analysis problems,...

Q:

On January 1, 2012, Harrison Company issued $800,000 of 10- year, 8% face value bonds. The market rate of other similar bonds was 7%. The bonds pay interest semi-annually every January 1 and July 1....

Q:

PLEASE ANSWER THE FOLLOWING QUESTIONS USING THE DATA PRESENTED. PLEASE SHOW EXCEL CALCULATIONS AND EXPLINATIONS. THANK YOU!!!!! Company: 3M Cost of Equity Risk Free Rate + Equity Risk Premium Beta x...

Q:

Please answer parts A through C of this one question and provide calculations. I will upvote!! Question 4: The purpose of this question is to put the theoretical knowledge learned from chapter 13 to...

Q:

Urgent!! Please answer what you can, I will upvote. If possible answer all parts. Thank you in advance!! Question 4: The purpose of this question is to put the theoretical knowledge learned from...

Q:

Use the Excel file titled, General-Electric that is posted upload it to SPSS. This file contains GE's daily stock market data covering the period of 12/13/2010 to 12/11/2019. The file contains a...

Q:

HW 4- All work must be completed in 1 excel file that, when necessary, includes cells that make calculations. HW 4- All work must be completed in 1 excel file that, when necessary, includes cells...

Q:

HW 4- All work must be completed in 1 excel file that, when necessary, includes cells that make calculations. 1) Information on a project's activities is shown in the following table: Activity...

Q:

Hi there, can you please help me with my uploaded file lesson 5 questions. FNCE 300/ECON 300: Assignment 2 Due: After completion of Lesson 8. Marks: 100 Credit Weight: 20% of final grade. Prepare...

Q:

Can you please help with lesson 5.1 and 5.2 file is attached FNCE 300/ECON 300: Assignment 2 Due: After completion of Lesson 8. Marks: 100 Credit Weight: 20% of final grade. Prepare your responses to...

Q:

A vertical cylinder 6 ft tall and 1 ft in diameter might be used to approximate a man for heat-transfer purposes. Suppose the surface temperature of the cylinder is 78F, h = 2 Btu/h ft2 F, the...

Q:

Michael and Karla Covington live in Jefferson County, Idaho. When they bought their home, a gravel pit was across the street. In 1995, the county converted the pit to a landfill. Under the countys...

Q:

Review the ACFE 2 0 2 4 Report to the Nations and the other resources available on the ACFE ( Association of Certified Fraud Examiners ) website and investigate other resources online. What are some...

Q:

Sarah Smith works as a laser technician for a local dermatology center consisting of physicians operating under a partnership agreement. Sarah purchased supplies through the mail from a medical...