Interarrival times and haircut times are exponential

Assignment Help Accounting Basics

Reference no: EM131106079

Two one-barber shops sit side by side in Dunkirk Square. Each shop can hold a maximum of four people, and any potential customer who finds a shop full will not wait for a haircut. Barber 1 charges $15 per haircut and takes an average of 15 minutes to complete a haircut. Barber 2 charges $11 per haircut and takes an average of 10 minutes to complete a haircut.

On average, 10 potential customers arrive per hour at each barber shop. Of course, a potential customer becomes an actual customer only if he or she finds that the shop is not full. Assuming that interarrival times and haircut times are exponential, which barber will earn more money?

Reference no: EM131106079

Questions Cloud

What your thoughts were prior to completing the numerous : Address what your thoughts were prior to completing the numerous assignments in the course. Discuss at least three specific points of knowledge you have gained and explain why these are important to you.

Time to handle calls are exponentially distributed : The small mail-order firm Sea's Beginning has one phone line. An average of 60 people per hour call in orders, and it takes an average of one minute to handle a call. Time between calls and time to handle calls are exponentially distributed.

Write the following two generic methods using quick sort : Write the following two generic methods using quick sort.

Visual walk-through of the many aiu success : You will create a PowerPoint presentation that provides new students with a visual walk-through of the many AIU success and technology options. Not only should you describe them; you should explain when and why you might use each one of these item..

Interarrival times and haircut times are exponential : Two one-barber shops sit side by side in Dunkirk Square. Each shop can hold a maximum of four people, and any potential customer who finds a shop full will not wait for a haircut. Barber 1 charges $15 per haircut and takes an average of 15 minutes..

Wasserman uses the straight line method : Prepare the December 31, 2011, entry to record 2011 bond issue cost amortization.

Waveguide for mono-mode transmission : Design a rectangular air-filled waveguide for mono-mode transmission of the frequency band 3.6GHz~4.6GHz.

System with arrival rate and service rate : Consider the following two queueing systems. System 1: An MM1 system with arrival rate and service rate 3µ

What sources of law would have created : Based on your own experiences, the video, or a news story, relate a time when you believe that the law affected a business. Describe the events, the law, and how the court did or should resolve your example. What sources of law would have created ..

User Account

All Pages