Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Women arrive at a hairdresser that operates in Withington, Manchester with a single haircut and single manicure services according to a Poisson process. The arrival

Women arrive at a hairdresser that operates in Withington, Manchester with a single haircut and single manicure services according to a Poisson process. The arrival rate of customers is 2 per hour. Service times for haircut and manicure are represented by exponential random variables with rates 4 and 6 per hour, respectively. Since getting a haircut takes longer than a manicure, the arriving customer directly sits for a haircut if the seat is not occupied. If another person is getting a haircut once the new customer arrives and manicure seat is free, she begins her manicure. If both of the seats are busy, the new arrival is cannot enter the system. A customer who completes her haircut goes for a manicure if it is empty else, leaves the hairdresser. Customers leave the hairdresser after receiving a manicure. Show all your work step-by-step while answering the following

  1. f) The hairdresser modifies its operations by cancelling manicure services. Additionally, they enabled a

    queue of maximum size 2 (except the one who receives the service). Under the new circumstances, an arriving customer receives a haircut and leaves the system. However, the rate of arriving customers is reduced by half due to cancelling manicure operations. A revenue per haircut is 10 and a cost of 1 incur while providing a haircut service at rate (service times are represented by exponential random variables). What is the optimal rate of haircut service () to maximize the hourly profit?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Oxford Handbook Of IPOs

Authors: Douglas Cumming, Sofia Johan

1st Edition

0190614579, 978-0190614577

More Books

Students also viewed these Finance questions

Question

What are the functions of top management?

Answered: 1 week ago

Question

Bring out the limitations of planning.

Answered: 1 week ago

Question

Why should a business be socially responsible?

Answered: 1 week ago

Question

Discuss the general principles of management given by Henri Fayol

Answered: 1 week ago

Question

2. Outline the functions of nonverbal communication

Answered: 1 week ago