Determine the average time customer must wait

Assignment Help Strategic Management
Reference no: EM131726497

A vending machine at Municipal Airport dispenses hot coffee, hot chocolate, or hot tea in a constant service time of 25 seconds. Customers arrive at the vending machine at a mean rate of 40 per hour, Poisson distributed. Determine the average length of the waiting line and the average time a customer must wait.

Average length of the waiting line: 

Average time a customer must wait (in minutes):

Reference no: EM131726497

Questions Cloud

Write a short summary of the incident that has occurred : Write a short summary of the incident that has occurred and establish what permissions/authorities you have before you search.
Examples of a perfectly competitive industry : 1.) The production of agricultural products like wheat is one of the few examples of a perfectly competitive industry.
Why did water move out of the potato strips : Why did water move out of the potato strips? Were these solutions hypotonic, hypertonic, or isotonic - What was the purpose of testing distilled water
What is the maximum exclusion they can take : If the basis in the home is $300,000 and the sale price is $600,000, what is the maximum exclusion they can take on this transaction
Determine the average time customer must wait : Determine the average length of the waiting line and the average time a customer must wait.
Calculate the internal rate of return of the investment : The company has established an investment opportunity hurdle rate of 15 percent and Calculate the internal rate of return of the investment opportunity
Why you think the company needs to get out of chemicals : Assume the role of Nick and write an email to your uncle explaining why you think the company needs to get out of chemicals.
Discuss modifiability of rates and patterns of growth : Principle Of Uniqueness Of Individuals, Modifiability Of Rates And Patterns Of Growth
Internet retailer and brick and mortar retailer : How would you get the employees involved in the vision? Describe how the process would differ between an Internet retailer and a brick and mortar retailer.

Reviews

Write a Review

Strategic Management Questions & Answers

  Case study in strategic plan adelphi art centre

Strategic plan or strategic planning of  Adelphi Art Centre in Adelphi, Australia.

  Pestle analysis of a new uk based business plan

Key trend of PESTEL tool  analysis in UK in the next three years.

  Diversity reflection paper

This document describes an exercise that could used to increase students' sensitivity to workforce diversity and related issues of power.

  Crafting a personal vision and mission statement

Crafting a Personal Vision and Mission Statement

  Business strategy and strategic human resource management

This project report describes the co-ordination and alignment of business strategy with strategic human resource management.

  Steak sauce - lawry’s defense: case analysis

Steak Sauce: Lawry's Defense" case to complete a formal written case analysis

  Write a report on best buy strategic audit

Write a report on best buy strategic audit which inhibits the corporate governance, corporate culture, and under Corporate Resources.

  Cross-cultural management

To develop an awareness and comprehensive understanding of the influence of culture on management

  Calculate the expected value of returns of stock

Calculate the expected value of returns of stock.

  Influence the making of public policy

Write a paper on interest groups and how they seek to influence the making of public policy.

  Strategic management principles

Strategic Management principles

  Resource base view theory versus positioning theory

Explain Resource Base View theory versus Positioning theory

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