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2 years ago

How much time, on average, would a server need to spend on a customer to achieve a service rate of 20 customers per hour?

Business

1 answer:

Alex787 [66]2 years ago

5 0

Answer:

3 hour 18 minutes or 3 hour

Explanation:

According to the given situation, the computation of time on average is shown below:-

The Average waiting time in the system

= $\frac{1}{\mu} -\gamma$

Now we will put the values into the above formula to reach the time on average which is here below:-

$= \frac{1}{20} - 1$

$= \frac{1}{19}$

= 0.053 × 60 minutes

= 3 hours 18 minutes

We assume $\gamma$ is 1 hour

Therefore for computing the time on average we simply applied the above formula.

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3 years ago

JTM Ltd incurs costs of $16 per unit ($12 variable, $4 fixed) for a widget it sells for $22. JTM has received two special offers

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Answer:

We must analyze the potential benefits of choosing one order or the other one:

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3 years ago

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Answer:

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