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
Mrrafil [7]
3 years ago
9

Gubser Welding, Inc., operates a welding service for construction and automotive repair jobs. Assume that the arrival of jobs at

the company's office can be described by a Poisson probability distribution with an arrival rate of five jobs per 8-hour day. The time required to complete the jobs follows a normal probability distribution, with a mean time of 1.3 hours and a standard deviation of 1 hour. Answer the following questions, assuming that Gubser uses one welder to complete all jobs:
What is the mean arrival rate in jobs per hour? Round your answer to four decimal places.
jobs per hour _________
What is the mean service rate in jobs per hour? Round your answer to four decimal places.
jobs per hour _________
What is the average number of jobs waiting for service? Round your answer to three decimal places.
__________
What is the average time a job waits before the welder can begin working on it? Round your answer to one decimal place.
_________ hours
What is the average number of hours between when a job is received and when it is completed? Round your answer to one decimal place.
_________ hours
What percentage of the time is Gubser's welder busy? Round your answer to the nearest whole number.
_________ % of the time the welder is busy.
Business
1 answer:
ra1l [238]3 years ago
7 0

Answer:

a) Mean arrival rate in jobs per hour = 0.6250

b) Mean service rate in jobs per hour = 0.7692

c) The average number of jobs waiting for service = 2.802

d) Average time a job waits before the welder can begin working on it = 4.5 hours

e) Average number of hours between when a job is received and when it is completed = 5.8 hours

f) Percentage of the time is Gubser's welder busy = 81%

Explanation:

As given,

Number of jobs = 5

Rate = 8 hour per day

Average hours = 1.3

Standard deviation - 1 hour

a)

Mean arrival = \frac{No. of jobs}{rate}

                    = \frac{5}{8} = 0.6250 per hour

⇒Mean arrival rate in jobs per hour = 0.6250

b)

Mean service rate = \frac{hour}{average hour}

                              = \frac{1}{1.3} = 0.7692 per hour

⇒Mean service rate in jobs per hour = 0.7692

c)

Average number of job waiting for service = \frac{(0.6250)^{2} (1)^{2} + \frac{0.6250}{0.7692} }{2 ( 1 - \frac{0.6250}{0.7692} )}

                                                                       = \frac{1.05}{0.375} = 2.802

⇒The average number of jobs waiting for service = 2.802

d)

Average time a job waits before the welder can begin working on it = \frac{2.802}{0.6250}

                                                                                                                  = 4.5 hr

⇒Average time a job waits before the welder can begin working on it = 4.5 hours

e)

Average number of hours between when a job is received and when it is completed = 4.5 + \frac{1}{0.7692}

                 = 4.5 + 1.3

                 = 5.8 hours

⇒Average number of hours between when a job is received and when it is completed = 5.8 hours

f)

Percentage of the time is Gubser's welder busy = \frac{0.6250}{0.7692} ×100%

                                                                                = 0.8125×100%

                                                                                = 81.25% ≈ 81%

⇒Percentage of the time is Gubser's welder busy = 81%

You might be interested in
The unit price of a 128-ounce jug of milk is 4.8 cents per ounce. A 64-ounce carton of milk has a unit price of 5.1 cents per ou
marshall27 [118]

Answer: The awnser is $0.38

8 0
4 years ago
Read 3 more answers
Effie Company uses a periodic inventory system. Details for the inventory account for the month of January, 2018 are as follows:
masya89 [10]

Answer:

B) 1282

Explanation:

                                      Units         Per unit price        Total

Balance, 1/1/18               200               $5.00               $1,000

Purchase, 1/15/18           100                $5.30                 $530

Purchase, 1/28/18          100                $5.50                 $550

<u>total                                400                                       $2,080</u>

Balance, 1/31/18              140                                          $762

the first in, first out inventory method assigns cost of goods sold to the oldest merchandise available, so the 1/31/18 inventory's balance = (100 x $5.50) + (40 x $5.30) = $550 + $212 = $762

So COGS = $2,080 - $762 = $1,318

gross profit = revenue - COGS = [(400 - 140) x $10] - $1,318 = $2,600 - $1,318 = $1,282

3 0
3 years ago
Janice is going to give her patient a bath. she has the option of using prepackaged bathing wipes or a bath basin and washcloths
Hoochie [10]
Janice's choice is an example of fiscal responsibility. Fiscal responsibility is characterized as utilizing the assets of the patient to amplify medical advantages while at the same time using the assets of the organization to boost cost-adequacy. Being monetarily dependable means settling on capable asset portion choices.
7 0
3 years ago
The following items were included in Castle City's General Fund expenditures for the year ended June. Personal computer for the
ad-work [718]

Answer:

$0

Explanation:

Capital assets are useful items that a business intends to keep beyond the current financial year. They are assets held for personal or investment purposes. Capital assets exclude items meant for sale in the current financial period.

Capital assets are used in the business operations to generate more revenues for the company. They are assets with a  use-life that is greater than one year. Castle City General purchased a computer to be used by the city's treasurer. Castle City General will not use this item; hence it will not help in generating any revenues. The Furniture is for the mayor's office, and not the Castle City operations. These two purchases will not be included in Castle City books as capital expenditures.

8 0
3 years ago
The first electronic stock market is known as
elixir [45]
The Answer is: Nasdaq
3 0
3 years ago
Other questions:
  • The inventory of Royal Decking consisted of five products. Information about the December 31, 2018, inventory is as follows: Per
    5·1 answer
  • Alex, Kara, and Susie are the only three people in a community. Alex is willing to pay $20 for the fifth unit of a public good,
    8·1 answer
  • Louis wrote a check of $100 to the electricity company. After a few days he received a Notice of Dishonor from the bank regardin
    13·2 answers
  • You purchase one MMM July 129 call contract (equaling 100 shares) for a premium of $21. You hold the option until the expiration
    6·1 answer
  • If a U.S. citizen buys a dress made in Nepal by a Nepalese firm, then _____.
    7·1 answer
  • At the beginning of the tax year, Barnaby's basis in the BBB Partnership was $118,800, including his $11,880 share of partnershi
    8·1 answer
  • An insurance premium is...
    9·2 answers
  • ABC Co. had 600,000 shares of Common Stock, 40,000 shares of Convertible Preferred Stock, and $3,000,000 of 6% Convertible Bonds
    9·1 answer
  • Using an airline example for competitive priorities, the process capability of handling service needs of all market segments and
    12·1 answer
  • The Sneed Corporation issues 10,000 shares of $50 par value preferred stock for cash at $70 per share. The entry to record the t
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!