Average number of customers in the supermarket

Assignment Help Operation Management
Reference no: EM132150673

Suppose we are interested in estimating the average number of customers in the supermarket. On average, there are 15 customers entering the supermarket every 5 minutes. And on average, a typical customer spends about 20 minutes in the supermarket (from entering to exiting the market).

a. Calculate the average number of customers in the supermarket.

b. About 20% of customers leave without making a purchase. On average, a customer spends about 5 minutes in the checkout area. Estimate the average number of customers in the checkout area.

Reference no: EM132150673

Questions Cloud

What the future holds for the act : Select one of the U.S. Federal Pay Regulations from Exhibit 17.1. Using the Online Library, conduct additional research on one of the regulations.
What portion of assets are finance with debt : What portion of assets are finance with debt and what portion with equity? What difference does it make? Does it matter that Liabilities are higher than Assets
Analyze the role of human resource management : Determine key roles that human resource management plays in the health care field. Analyze the role of human resource management in an organization's strategic.
Majority of parts are produced within certain tolerance : A manufacturing company wants to ensure that the majority of parts are produced within a certain tolerance.
Average number of customers in the supermarket : Calculate the average number of customers in the supermarket.
Calculate the process capability index : Calculate the process capability index AND advise if the process is at an acceptable level for an existing process (defend your answer).
Differences between direct and indirect distribution channel : Discuss the differences between direct and indirect distribution channels.
How can each multivariate technique be utilized : Using the information from Units 1-3, Big D Incorporated will be examining how multivariate techniques can serve the organization best.
How walmart utilizes or implements the promotional mix : Explain how walmart utilizes or implements the promotional mix (Advertising, sales, promotion, publicity, personal selling) to reach target market(s).

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd