Question
Record Number Arrival Date Requested Weekend Quoted Time of Inventory Availability (# Weekends) 1 11/1/2011 11/5/2011 0 2 11/1/2011 11/5/2011 0 3 11/7/2011 11/12/2011 0
Record Number | Arrival Date | Requested Weekend | Quoted Time of Inventory Availability (# Weekends) |
1 | 11/1/2011 | 11/5/2011 | 0 |
2 | 11/1/2011 | 11/5/2011 | 0 |
3 | 11/7/2011 | 11/12/2011 | 0 |
4 | 11/8/2011 | 11/12/2011 | 0 |
5 | 11/10/2011 | 11/12/2011 | 0 |
6 | 11/12/2011 | 11/19/2011 | 0 |
7 | 11/19/2011 | 11/26/2011 | 0 |
8 | 11/20/2011 | 11/26/2011 | 0 |
9 | 11/21/2011 | 11/26/2011 | 0 |
10 | 11/23/2011 | 11/26/2011 | 1 |
11 | 11/25/2011 | 11/26/2011 | 1 |
12 | 11/26/2011 | 12/3/2011 | 0 |
13 | 11/26/2011 | 12/3/2011 | 1 |
14 | 11/27/2011 | 12/3/2011 | 1 |
15* | 12/1/2011 | 12/3/2011 | 1 |
16 | 12/2/2011 | 12/3/2011 | 1 |
17 | 12/5/2011 | 12/10/2011 | 1 |
18 | 12/7/2011 | 12/10/2011 | 1 |
19 | 12/7/2011 | 12/10/2011 | 1 |
20 | 12/9/2011 | 12/10/2011 | 2 |
21* | 12/11/2011 | 12/17/2011 | 1 |
22 | 12/11/2011 | 12/17/2011 | 1 |
23 | 12/12/2011 | 12/17/2011 | 1 |
24 | 12/13/2011 | 12/17/2011 | 2 |
25 | 12/14/2011 | 12/17/2011 | 2 |
26 | 12/15/2011 | 12/17/2011 | 2 |
27 | 12/18/2011 | 12/24/2011 | 2 |
28* | 12/19/2011 | 12/24/2011 | 2 |
29* | 12/20/2011 | 12/24/2011 | 2 |
30* | 12/21/2011 | 12/24/2011 | 2 |
31 | 12/21/2011 | 12/24/2011 | 2 |
32* | 12/23/2011 | 12/24/2011 | 2 |
33* | 12/24/2011 | 12/31/2011 | 1 |
34 | 12/24/2011 | 12/31/2011 | 1 |
35* | 12/26/2011 | 12/31/2011 | 2 |
36* | 12/26/2011 | 12/31/2011 | 2 |
37 | 12/27/2011 | 12/31/2011 | 2 |
38 | 12/29/2011 | 12/31/2011 | 2 |
39 | 12/29/2011 | 12/31/2011 | 2 |
40* | 12/30/2011 | 12/31/2011 | 3 |
41* | 12/30/2011 | 12/31/2011 | 3 |
42 | 1/1/2012 | 1/7/2012 | 2 |
43 | 1/1/2012 | 1/7/2012 | 2 |
44 | 1/3/2012 | 1/7/2012 | 2 |
45* | 1/6/2012 | 1/14/2012 | 2 |
46 | 1/9/2012 | 1/14/2012 | 2 |
47 | 1/11/2012 | 1/14/2012 | 2 |
48* | 1/12/2012 | 1/14/2012 | 2 |
49 | 1/13/2012 | 1/14/2012 | 2 |
50 | 1/16/2012 | 1/21/2012 | 2 |
51* | 1/17/2012 | 1/21/2012 | 2 |
52* | 1/26/2012 | 1/28/2012 | 1 |
53 | 1/28/2012 | 2/4/2012 | 0 |
54 | 1/31/2012 | 2/4/2012 | 0 |
55 | 2/1/2012 | 2/4/2012 | 1 |
56 | 2/5/2012 | 2/11/2012 | 0 |
57 | 2/6/2012 | 2/11/2012 | 0 |
58 | 2/7/2012 | 2/11/2012 | 1 |
59 | 2/9/2012 | 2/11/2012 | 1 |
60 | 2/9/2012 | 2/11/2012 | 1 |
61 | 2/15/2012 | 2/18/2012 | 1 |
62 | 2/15/2012 | 2/18/2012 | 1 |
63 | 2/19/2012 | 2/25/2012 | 0 |
64 | 2/20/2012 | 2/25/2012 | 1 |
65 | 2/21/2012 | 2/25/2012 | 1 |
66 | 2/23/2012 | 2/25/2012 | 1 |
67 | 2/24/2012 | 3/3/2012 | 1 |
68 | 2/25/2012 | 3/3/2012 | 1 |
69* | 2/26/2012 | 3/3/2012 | 1 |
70 | 2/26/2012 | 3/3/2012 | 1 |
71 | 2/28/2012 | 3/3/2012 | 2 |
72* | 2/29/2012 | 3/3/2012 | 2 |
73* | 3/4/2012 | 3/10/2012 | 1 |
74 | 3/4/2012 | 3/10/2012 | 1 |
75 | 3/5/2012 | 3/10/2012 | 1 |
76 | 3/6/2012 | 3/10/2012 | 2 |
77 | 3/7/2012 | 3/10/2012 | 2 |
78* | 3/7/2012 | 3/10/2012 | 2 |
79* | 3/9/2012 | 3/17/2012 | 1 |
80* | 3/11/2012 | 3/17/2012 | 1 |
81 | 3/16/2012 | 3/17/2012 | 1 |
82 | 3/16/2012 | 3/17/2012 | 2 |
83 | 3/17/2012 | 3/24/2012 | 1 |
84 | 3/17/2012 | 3/24/2012 | 1 |
85 | 3/19/2012 | 3/24/2012 | 2 |
86* | 3/20/2012 | 3/24/2012 | 2 |
87 | 3/27/2012 | 3/31/2012 | 1 |
88 | 3/27/2012 | 3/31/2012 | 1 |
89 | 3/28/2012 | 3/31/2012 | 2 |
90 | 3/31/2012 | 4/7/2012 | 1 |
91 | 4/4/2012 | 4/7/2012 | 1 |
92 | 4/5/2012 | 4/7/2012 | 2 |
93 | 4/12/2012 | 4/14/2012 | 1 |
94 | 4/14/2012 | 4/21/2012 | 0 |
95 | 4/18/2012 | 4/21/2012 | 1 |
96 | 4/24/2012 | 4/28/2012 | 0 |
97 | 4/26/2012 | 4/28/2012 | 0 |
1) Exhibit 8 of the case indicates that 97 rental requests arrived over a 26 week span. Assuming that everyone rents a pair of skis for one weekend and that Salt Lake City has 3 pairs of rental skis, what is the utilization of those skis?
A. 1.24
B. .74
C. 1.14
D. .84
2) Exhibit 8 of the case indicates that 97 rental requests arrived over a 26 week span. Assuming that everyone rents a pair of skis for one weekend and that Salt Lake City has 4 pairs of rental skis, what is the utilization of those skis?
A. .93
B. .83
C. 1.13
D. .73
3) Exhibit 8 of the case indicates that 97 rental requests arrived over a 26 week span. Assume that everyone rents a pair of skis for one weekend and that Salt Lake City has 4 pairs of rental skis. Also assume no variation in rental times (i.e. the standard deviation of rental times is zero) and that inter-arrival times are exponentially distributed. How long, on average, do customers have to wait for a pair of skis?
A. 1.5 weeks
B. 1.25 weeks
C. 2 weeks
D. 1.75 weeks
4) Exhibit 8 of the case indicates that 97 rental requests arrived over a 26 week span. Assume that everyone rents a pair of skis for one weekend and that Salt Lake City has 5 pairs of rental skis. Also assume no variation in rental times (i.e. the standard deviation of rental times is zero) and that inter-arrival times are exponentially distributed. How long, on average, do customers have to wait for a pair of skis?
A. 1.19 weeks
B. .69 weeks
C. .19 weeks
D. .89 weeks
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