1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
solmaris [256]
4 years ago
8

A small barbershop is operated by a single barber. it has room for at most two customers. potential customers arrive as a poisso

n process with a rate of three per hour, and the successive service times are independent exponential random variables with mean 0.25 hour. find: (a) the average number of customers in the shop. (b) the proportion of potential customers that enter the shop (in the long run). (c) if the barber could work twice as fast, how much more business could he do?
Business
1 answer:
Zigmanuir [339]4 years ago
8 0

λ=3 , mu = 5

<u>Explanation</u>:

λ=3

mu = 5

states

0 - no customers

1- 1 customre

2 - 2 customers

Set up Equations

Rate of entry = Rate of exit

5P1 =3P0

5P2 + 3P0 = 5P1 + 3P1

3P1 = 5P2

P0 + P1 + P2 = 1

solve the above

1a) = 0 into P0 plus 1 into P1 plus 2 into P2

b) λ ( 1 minus P2) by λ = 1 - P2

c) change the paramater mu = 5 into 2 and solve a) again

You might be interested in
Fair Oaks Farms’ manure management, specifically the use of cow manure to power their facilities and fuel their milk tankers, is
Mazyrski [523]

Answer:

These are the options for the question:

  • Managing for globalization
  • Managing for sustainability
  • Managing for animal welfare
  • Managing for diversity
  • Managing for information technology

And this is the correct answer:

  • Managing for sustainability

Explanation:

The use of cow manure to power facilities and fuel milk tankers is a managerial challenge directly related with the sustaniable aspecto of the Farm.

This is because a natural resource: cow manure, is being used in an efficient manner to provide much needed power to the firm's facilities. The amounts of manure, times, and processes that are used, are all part of the sustainability policy of the farm, which has to be overseen by the manager.

6 0
3 years ago
What is the main disadvantage of moving to e-moneyLOADING... or moving to a cashless​ society? A. Funds are debited too quickly
Nady [450]

The correct answer is D) There are problems with security and privacy.

The main disadvantage of moving to e-money LOADING... or moving to a cashless​ society is "There are problems with security and privacy."

Technology has brought many advantages to the way people do business, facilitating transactions, bank payments, deposits, and many more functions. However, it also has risks and disadvantages. The most important risk that has already affected thousands of people is the security and privacy of data.

There have been cases such as the clients of Target supermarket that suffered from stolen information and hackers used their credit cards to make purchases. Private concerns of data uploaded on social media sites such as Faceb*ok have been used to other purposes and the President of this company had to testify members of the US Congress.

7 0
3 years ago
Little Corp., a toy manufacturing company, allocates one task to an employee working from 8:00 a.m. to 12:30 p.m. and allocates
Leno4ka [110]

Answer:

Job Sharing.

Explanation:

Job sharing can be understood as an act, where one set of employees works for a given shift and the remaining work is completed by the other set of employees at any other time of the day. This is usually done by part-time workers and they tend to split their remuneration as well according to the work requirement and their performance.

8 0
3 years ago
Why would you want to limit your borrowing when making economic decisions ?
Yanka [14]

Answer:

so they can end up spending less on interest payments and credit card fees.

Explanation:

4 0
3 years ago
Aspin​ Corporation's charter authorizes issuance of 2 comma 000 comma 000 shares of common stock.​ Currently, 1 comma 400 comma
Alinara [238K]

Answer:

a) it can sale up to 600,000 shares:

  It can sale the 100,000 treasury stock and 500,000 new shares.

b) No. I cannot It requires 12,000,000 more dollars which is the equivalent to 240,000  shares

c)  It will ammend the Certificate of Incorporation to allow the issue of additoinal shares of the state on which the company perform his activities.

Explanation:

B)

600,000 shares at $60 dollars per share = 36,000,000 dollars

financial requirement: 48,000,000 dollars

It fall short by 12,000,000 dollars

additional shares: 12,000,000 / 60 = 240,000

3 0
4 years ago
Other questions:
  • In this scenario, Frankie must consider whether making one choice will force him to give up another.
    12·2 answers
  • Taylor Industries had a fire and some of its accounting records were destroyed. Available information is presented below for the
    6·1 answer
  • The fields company has two manufacturing departments, forming and painting. the company uses the weighted-average method of proc
    12·1 answer
  • If investment funds are limited, the net present value of one project should not be compared directly to the net present value o
    11·1 answer
  • Suppose that you could either prepare your own tax return in 15 hours or hire a tax specialist to prepare it for you in 2 hours.
    12·1 answer
  • Help meee with this please!!!!!
    14·2 answers
  • When preparing the journal entry with a plan amendment, if the pension liability exceeds the unrecognized prior service cost ___
    14·1 answer
  • The government wants to make Medicare benefits available to more people, but to achieve this goal, it needs to make cuts in the
    7·1 answer
  • What cannot be used to dry, it’s for the food handlers
    6·1 answer
  • Sweepstakes and contests in international markets Group of answer choices are primarily used to get customers to buy the product
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!