You are walking by Georgetown Cupcakes and you see the line has 10 people. You wonder how long you will have to wait if you join the line. You ask a person in the line if it is a long wait. The person responds that the shop is processing people quite fast and that 5 customers have walked out with cupcakes in the last 10 minutes. What is your estimate of the time you will have to wait in the line? 15 minutes 30 minutes 20 minutes 10 minutes
You are walking by Georgetown Cupcakes and you see the line has 10 people. You wonder how long you will have to wait if you join the line. You ask a person in the line if it is a long wait. The person responds that the shop is processing people quite fast and that 5 customers have walked out with cupcakes in the last 10 minutes. What is your estimate of the time you will have to wait in the line? 15 minutes 30 minutes 20 minutes 10 minutes
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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You are walking by Georgetown Cupcakes and you see the line has 10 people. You wonder how long you will have to wait if you join the line. You ask a person in the line if it is a long wait. The person responds that the shop is processing people quite fast and that 5 customers have walked out with cupcakes in the last 10 minutes. What is your estimate of the time you will have to wait in the line?
15 minutes
30 minutes
20 minutes
10 minutes
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