George P. Burdell starts a company that manufacturers high-end custom leather bags. He hires two employees. Each
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Question:
George P. Burdell starts a company that manufacturers high-end custom leather bags. He hires two employees. Each employee only begins working on a bag when a customer order has been received and then she makes the bag from beginning to end. The average production time of a bag is 1.8 days with a standard deviation of 2.0 days. Larry receives one customer order per day on average. The inter-arrival times of orders have a coefficient of variation of 1.
On average, how long, in days, does a customer wait to receive their completed bag? (Round to 2 decimal places)
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