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- P1v Question Completion Status: QUESTION 11 The accompanying table shows the demand and supply schedules for lobster. The U.S. government decides that the incomes of lobster farmers should be maintained at a level that allows them to survive. It therefore implements a price floor of $14 per pound by buying surplus lobster until the market price is $14 per pound. Quantity Demand (thousands of pounds) Quantity Supplied (thousands of pounds) Price of Lobster (per pound) $22 0. 360 20 20 320 18 40 280 16 60 240 14 80 200 12 100 160 10 120 120 8 140 80 6 160 40 4 180 Reference: Ref 2-1 Since lobster is an important source of protein and omega-3, the government decides to provide the surplus lobster it purchases to nursing homes at a price of only $12 per pound. Assume that nursing homes will buy any amount of lobsters available at this low price, but families of nursing home patients now reduce their purchases of lobsters at any price by 60 thousand pounds because their family members are…1
- Question related to gueing theory don't copy Machines fail at 4 per hour and the cost of non-productive machine is Rs. 282 per hour. A repairman charges Rs. 100 per hour and repairs at 7 per hour. What will be the total queuing costs per hour? Assume M/M/1 queuing system.Question 29 of 50 What does it mean to take ownership in customer service? Promise to solve the customer's problem. Accept responsibility for finding a solution. Apologize to the customer to help them feel better. Transfer the customer to the right department. PreQuestion 3 [Soalan 31 Jeruk Pak Abu's Store in Butterworth, Pulau Pinang, maintains a successful catalog sales department in which a clerk takes orders by telephone. If the clerk is occupied on one line, incoming phone calls to the catalog department are answered automatically by a recording machine and asked to wait. As soon as the clerk is free, the party who has waited the longest is transferred and serviced first. Calls come in at a rate of about 12 per hour. The clerk can take an order in an average of 4 minutes. Calls tend to follow a Poisson distribution, and service times tend to be negative exponential. The cost of the clerk is RM10 per hour, but because of lost good -will and sales, Jeruk Pak Abu's Store loses about RM25 per hour of customer time spent waiting for the clerk to take an order. [Kedai Jeruk Pak Abu di Butterworth, Pulau Pinang, mempunyai bahagian penjualan katalog yang berjaya di mana seorang kerani mengambil pesanan melalui telefon. Sekiranya kerani itu sibuk…
- A small popular restaurant at an interstate truck stop provides priority service to truckers. The restaurant has ten tables where customers may be seated. The service time averages 40 minutes once a party is seated. The customer arrival rate is 12 parties per hour, with the parties being equally divided between truckers and non-truckers.On average, how many parties of truckers are waiting to be seated? Question 1 options: 0.27. 0.52. 0.88. 1.36. 1.75.81
- Question 9 In Littlefield Labs, each order is processed at three stations before being completed and sent to customers. Suppose at the peak demand (i.e., after 180 days in the game) the flow rate is 10 orders per day. And the average inventory at station 1, station 2 and station 3 are 72, 65 and 70 kits, respectively (these include kits being processed as well as those in queues). What is the average lead time (in hours) o complete an order? Please specify your answer in at least 2 decimal points. (Remember 1 order has 60 kits, each day has 24 hours). NextQuestion 5 Gorsuch Law Firm has two paralegals. Customers arrive randomly at an average rate of 8 customers per hour and a standard deviation in interarrival times of 5 minutes. Service times have a mean of 8 minutes and a standard deviation of 10 minutes. What is the total time a customer spends in the system? O 7.5 minutes 11.5 minutes 3.5 minutes 83%Question 8 (Atlantic Video) Atlantic Video, a small video rental store in Philadelphia, is open 24 hours a day, and—due to its proximity to a major business school—experiences customers arriving around the clock. A recent analysis done by the store manager indicates that there are 30 customers arriving every hour, with a standard deviation of interarrival times of 2 minutes. This arrival pattern is consistent and is independent of the time of day. The checkout is currently operated by one employee, who needs on average 1.7 minutes to check out a customer. The standard deviation of this check-out time is 3 minutes, primarily as a result of customers taking home different numbers of videos. a. If you assume that every customer rents at least one video (i.e., has to go to the checkout), what is the average time a customer has to wait in line before getting served by the checkout employee, not including the actual checkout time (within 1 minute)? b. If there are no customers requiring…
