A horologist (watchmaker) is typically able to service a mechanical watch in about 120 minutes (exponential distribution). Assuming an 8 hour work-day, the watchmaker averages 3 customers arriving at his shop every day following a poisson distribution. The watchmaker just purchased a new machine that will polish the dial and crystal reducing his service time by 20 minutes per watch. How much will the line for a watch waiting to be serviced be reduced by the watchmaker using this new machine, assuming no increase in customer demand? 2.25 watches waiting for service The number waiting to be serviced will be reduced by about 1.2 watches O The number waiting to be serviced will be reduced by about 0.4 watches The number waiting to be serviced will be reduced by about 1.45 watches

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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A horologist (watchmaker) is typically able to service a mechanical watch in about 120 minutes
(exponential distribution). Assuming an 8 hour work-day, the watchmaker averages 3 customers
arriving at his shop every day following a poisson distribution. The watchmaker just purchased a new
machine that will polish the dial and crystal reducing his service time by 20 minutes per watch. How
much will the line for a watch waiting to be serviced be reduced by the watchmaker using this new
machine, assuming no increase in customer demand?
O 2.25 watches waiting for service
O The number waiting to be serviced will be reduced by about 1.2 watches
O The number waiting to be serviced will be reduced by about 0.4 watches
The number waiting to be serviced will be reduced by about 1.45 watches
Transcribed Image Text:A horologist (watchmaker) is typically able to service a mechanical watch in about 120 minutes (exponential distribution). Assuming an 8 hour work-day, the watchmaker averages 3 customers arriving at his shop every day following a poisson distribution. The watchmaker just purchased a new machine that will polish the dial and crystal reducing his service time by 20 minutes per watch. How much will the line for a watch waiting to be serviced be reduced by the watchmaker using this new machine, assuming no increase in customer demand? O 2.25 watches waiting for service O The number waiting to be serviced will be reduced by about 1.2 watches O The number waiting to be serviced will be reduced by about 0.4 watches The number waiting to be serviced will be reduced by about 1.45 watches
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