Use Little's formula to answer the following two questions. < Little's formula: WIP = Flow rate...

   

Transcribed Image Text:

Use Little's formula to answer the following two questions. < Little's formula: WIP = Flow rate x Flow time. < a) Assume the pediatrician's office is open 8:00 a.m. to noon. Arrivals and departures to a pediatrician's office are collected and reported below. Given these, how many patients on average are in the office? 고 Patient 14 2 3 4 54 Arrival 8:00 8:15 10:00 10:15 10:45 Departure 8:30 9:30 10:30 11:15 12:00 b) Madesimo is a famous resort in Italy. All of its rooms are always booked in the winter season and there are, on average, 120 skiers coming to the resort every day. On average, skiers stay in Madesimo for 10 days. Each skier spends on average $50 per person on the first day of stay and $30 mm per person on each additional day in local restaurants. What is local restaurants' average daily revenue? ↑ ett t t c) A post office serves 108 customers over its busy period from 1:00 pm to 2:30 pm on a Saturday. At any point in time, there is an average of 15 people are in the post office (waiting in line and being served). What is the average amount of time that a person spends in the post office (in min)?< له d) Home Depot's cost of goods sold is $44.7 Billion per year. Average inventory it holds is $9.51 Billion. What are Home Depot's inventory turns?< ( Use Little's formula to answer the following two questions. < Little's formula: WIP = Flow rate x Flow time. < a) Assume the pediatrician's office is open 8:00 a.m. to noon. Arrivals and departures to a pediatrician's office are collected and reported below. Given these, how many patients on average are in the office? 고 Patient 14 2 3 4 54 Arrival 8:00 8:15 10:00 10:15 10:45 Departure 8:30 9:30 10:30 11:15 12:00 b) Madesimo is a famous resort in Italy. All of its rooms are always booked in the winter season and there are, on average, 120 skiers coming to the resort every day. On average, skiers stay in Madesimo for 10 days. Each skier spends on average $50 per person on the first day of stay and $30 mm per person on each additional day in local restaurants. What is local restaurants' average daily revenue? ↑ ett t t c) A post office serves 108 customers over its busy period from 1:00 pm to 2:30 pm on a Saturday. At any point in time, there is an average of 15 people are in the post office (waiting in line and being served). What is the average amount of time that a person spends in the post office (in min)?< له d) Home Depot's cost of goods sold is $44.7 Billion per year. Average inventory it holds is $9.51 Billion. What are Home Depot's inventory turns?< (