Thanks! You got the concept, so use the formula from the top of the page to help you. Use the information provided in the examples and set up the formula with the correct numbers. Then, solve. Then you will find out how much you need to owe.
Answer:
The option of 6 minutes with 8 tickets given more time for the money.
Step-by-step explanation:
Which one gives you more time for your money?
We have to find the time per ticket, which is the number of minutes divided by the number of tickets.
6 minutes: 8 tickets
6/8 = 0.(60/8) = 0.75 minutes per ticket.
8 minutes:12 tickets
8/12 = 2/3 = 0.(20/3) = 0.667 minutes per ticket.
So the option of 6 minutes with 8 tickets given more time for the money.
Answer:
6 is most directly associated with the flow rate of customers
Step-by-step explanation:
Reason:
0.25 is the number of customers in the gift shop at a given point of time is WIP inventory
7.5 is the average time spent by customer in the shop and it is the throughput time.
Flow rate = WIP inventory/Throughput time
=0.25/7.5
= 0.0333 per minute = 2 per hour or 6 per 3 hour as given in question.
To buy 3 packs, the cost would be $4.68
