Andy Archer, Ph.D., is a training consultant for six mid-sized manufacturing firms. On average, each of his six clients calls him for consulting assistance once every 25 days. Andy typically spends an average of five days at the client's firm during each consultation.
Assuming the time between client calls follows an exponential distribution, determine
a. the average number of clients Andy has on backlog.
b. the average time a client must wait before Andy arrives.
c. the proportion of time Andy is busy.
a. Lq = 0.7094
b. Wq = 4.96 days
c. 1 ? P0 = 0.7151
You might also like to view...
Which check is not an input control?
a. reasonableness check b. validity check. c. spooling check d. missing data check
List five possible users of these statements and state what each would be interested in learning from its review
What is a conventional distribution channel?
What will be an ideal response?
Which of the following statements is false regarding absorption costing?
A) Variable overhead is treated as a product cost. B) Absorption costing is required for external financial statements prepared in accordance with generally accepted accounting principles (GAAP). C) Fixed manufacturing overhead is treated as a product cost. D) Fixed manufacturing overhead is expensed in the period incurred.