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Question #16 uniform distribution with a lower bound of 0 minutes and an upper bound of 5 minutes. The service - time distribution is also
Question #16
uniform distribution with a lower bound of 0 minutes and an upper bound of 5 minutes. The service - time distribution is also uniform with a lower bound of 0.5 minutes and an upper bound of 3.0 minutes. Simulate the utilization of the drive through over 500 minutes. Use Excel to construct the model and Crystal Ball to simulate the 500 minutes. What is the average wait at the drive through? What is the longest someone will wait in line? On average, how many people are in line at the drive through? J. J. Stakern sells papers at a newspaper stand for $0.75, The papers cost $0.15 each, giving her a $0.60 profit on each one she sells. From past experience J. J. knows that 20% of the time she sells 100 papers 20% of the time she sells 150 papers 30% of the time he sells 200 papers 30% of the time he sells 250 papers Assuming that J. J. believes the cost of a lost sale to be $0.15 and any unsold papers cost her $0.35, simulate her profit outlook over 100 days if she orders 200 papers for each of the 100 days. Use Excel to construct the model and Crystal Ball to simulate the 100 days. Billy O'Boyle's liquor store has noted the following figures with regard to the number of people who arrive at the store's checkout stand and the time it takes to check them out. Interarrival times tend to be uniformly distributed with a lower bound of 0 minutes and an upper bound of 4 minute, and service times tend to be uniformly distributed with a lower bound of 1 minute and an upper bound of 2 minutes. Simulate the utilization of the checkout stand over 500 minutes. Use Excel to construct the model and Crystal Ball to simulate the 500 minutes. What is the average wait at Billy's liquor store? What is theStep by Step Solution
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