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Estimate the percentage of time the crew is idle

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Reference no: EM131619860

Question: Bernie remodels houses and makes room additions. The time it takes to finish a job is normally distributed with a mean of 17 elapsed days and a standard deviation of 3 days. Homeowners sign contracts for jobs at exponentially distributed intervals having a mean of 20 days. Bernie has only one crew. Estimate the mean waiting time (from signing the contract until work begins) for those jobs where a wait occurs. Also estimate the percentage of time the crew is idle. Simulate until I 00 jobs have been completed.

Reference no: EM131619860

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