Question: Wendy's restaurant has been recognized for having the fastest average service time among fast food restaurants. In a benchmark study, Wendy's average service time of

Wendy's restaurant has been recognized for having the fastest average service time among fast food restaurants. In a benchmark study, Wendy's average service time of 2.2 minutes was less than those of Burger King, Chick-fil-A, Krystal, McDonald's, Taco Bell, and Taco John's (QSR Magazinewebsite, December 2014). Assume that the service time for Wendy's has an exponential distribution.

a.What is the probability that a service time is less than or equal to one minute (to 4 decimals)?

b.What is the probability that a service time is between 30 seconds and one minute (to 4 decimals)?

c.Suppose a manager of a Wendy's is considering instituting a policy such that if the time it takes to serve you exceeds five minutes, your food is free. What is the probability that you will get your food for free (to 4 decimals)?

Comment.

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 Mathematics Questions!

These are what my teacher expects for a strategic analysis essay: "Strategic Case Analyses - Case studies provide important windows into the real problems that firms are trying to solve. Note, since...

Independent Journal of Management & Production E-ISSN: 2236-269X ijmp@ijmp.jor.br Instituto Federal de Educao, Cincia e Tecnologia de So Paulo Brasil Gumus, Seigha; Monday Bubou, Gordon; Humphrey...

Class Participation and Assignments: This is an experiential course, which requires students to be "present" to actively experience different aspects of employee engagement and performance. It is...

Running head: FINANCIAL ANALYSIS 1 Financial Analysis of the McDonalds Company MCD 60523, Oak Brook, IL (630)-623-3000 Erin Cross Running head: FINANCIAL ANALYSIS 2 Financial Analysis PART 1, COMPANY...

Instructions: 1. Mention the parties involved in the case, duly identified as plaintiffs or defendants, etc. 2. What is the main controversy that arises in the case. (The controversy It is always...

Pizza Experts Itwas September 1989, and Joe Hillier and Harold Baker, prospective franchisees, were excited about their upcoming interview with Rob and Wayne Moore. The brothers were co owners of...

I need this project to be checked Meaning to go through the assignment and CHECK and FIX, ANY mistakes, including but not limited to adding references, correcting calculations, rewording text, fixing...

In this case, you have to decide whether the shrimp processing plant is a project that represents a worthwhile addition to Harris Seafoods. At this point in the course, we haven't incorporated a...

A ball is held at a height H above a floor. It is then released and falls to the floor. If air resistance can be ignored, which of the five graphs below correctly gives the mechanical energy E of the...

Calculate and interpret the odds ratio of being a smoker. Does the odds ratio depend on what variable is considered the response?

What can you say about these two numbers relative to the interest rate on the proposed loan? If Cartwright takes on the loan and continues to grow, what will happen to these numbers

A company is preparing completing their Cash Budget. The following data has been prepared for cash receipts and payments. January February March Cash receipts $1,061,200 $1,182,400 $1,091,700 Cash...