What is the average waiting time of a breakdown

Assignment Help Business Management
Reference no: EM131354891

The repair of leather requires four steps to be completed one after another in a certain order. The time taken to perform each step follows exponential distribution with a mean of 10 minutes and is independent of others steps. Machines breakdown follows Poisson process with a mean rate of 3 breakdown per how. Answer the following questions

1. What is the expected idle time of the machines, assuming there is only one repair man available in the workshop.

2. What is the average waiting time of a breakdown maintaining the queue.

3. What is the expected number of broken machines in the queue?

Reference no: EM131354891

Questions Cloud

How is the law of large numbers related to the central limit : "Poisson's WLLN postulates complete heterogeneity for the Bernoulli random variables involved but implicitly assumes asymptotic homogeneity." Discuss.
Describing the electric generation mix : Create energy profiles for two Fortune 500 organizations that produce electricity using nonrenewable resources. Write a paper of no more than 1,400 words describing the electric generation mix and profiles for each company.
Under the modified accelerated cost recovery system : Under the Modified Accelerated Cost Recovery System (MACRS), the assumption is the property is placed in service:
What future events need to be considered : What future events need to be considered? Be sure to include the "extreme events" that you took into account as well as the plan for if or when those events take place.
What is the average waiting time of a breakdown : What is the expected idle time of the machines, assuming there is only one repair man available in the workshop.- What is the average waiting time of a breakdown maintaining the queue.
Explain brief introduction of planned expansion : Explain Brief introduction of planned expansion. Leadership strategies that will be needed; decision making models to incorporate.
Compare and contrast bernoulli’s wlln with that of bernstein : Explain the conclusion of Bernstein's WLLN and discuss which assumptions are crucial for the validity of the conclusion.
Internal auditor and the independent auditor : Compare and contrast the roles of the internal auditor and the independent auditor. What would you include in you report for internal auditing, if you are the CFO of your hospital?
Increase the operating cycle : Which one of the following will increase the operating cycle? The primary advantage of accelerated depreciation over straight-line depreciation is:

Reviews

Write a Review

Business Management Questions & Answers

  Illustrate what is the minimum regret decision

Illustrate what is the criterion of realism decision? Develop an opportunity loss table. Illustrate what is the minimum regret decision?

  Organization setup in canada

Please provide additional insights from an organizational learning perspective and include information on learning in networks and learning through strategic alliances.

  Changing managerial values and transitionsluthans and doh

changing managerial values and transitionsluthans and doh 2012 include details about how managerial values change or

  Cultural adaptation for global business

After reviewing the videos and articles, choose a product that you feel is perfect for a global launch, and analyze the corporate strategy being employed as it relates to global expansion. Can you achieve competitive advantage? If so, how? Can you..

  Illustrate are the advantages of internet marketing

Illustrate are the advantages of internet marketing. Illustrate are some mistakes made by internet marketers.

  Discuss fallacies and different moral theories

Discuss fallacies and different moral theories.I'd like you to pick a presidential candidate, identify one of his or her political positions, briefly describe the politician's theory of morality, and point out any fallacy in his or her reasoning

  Discuss the importance for managers

Discuss the importance for managers of having some form of target market classification system rather than relying on an aspects of culture approach within particular markets.

  Leadership theory and organizational communicationidentify

leadership theory and organizational communicationidentify an organizational communication concept that is particularly

  Explain restrictions on multinational corporations

Explain Restrictions on Multinational Corporations and What are few more common restrictions on the activities of multinational corporations in host countries?

  Discuss the process of mediation in settling disputes

Discuss the process of mediation in settling disputes.

  Biggest mistake a job seeker can make with networking

Question: What is the biggest mistake a job seeker can make with networking?

  Organizational alignment of people in llb

Explain the type of culture that will enhance the organizational alignment of people in LLB; Explain what organizational culture is and how it relates to the structure of the organization;

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