Business, 06.05.2020 00:30 babygirlmiller
The new Fore and Aft Marina is to be located on the Ohio River near Madison, Indiana. Assume that Fore and Aft decides to build a docking facility where one boat at a time can stop for gas and servicing. Assume that arrivals follow a Poisson probability distribution, with an arrival rate of 5 boats per hour, and that service times follow an exponential probability distribution, with a service rate of 9 boats per hour. The manager of the Fore and Aft Marina wants to investigate the possibility of enlarging the docking facility so that two boats can stop for gas and servicing simultaneously.
Assume that the arrival rate is 5 boats per hour and that the service rate for each server is 9 boats per hour. What is the probability that the boat dock will be idle? If required, round your answer to two decimal places.
P0 =
What is the average number of boats that will be waiting for service? If required, round your answer to four decimal places
.Lq =
What is the average time a boat will spend waiting for service? If required, round your answer to four decimal places.
Wq =
What is the average time a boat will spend at the dock? If required, round your answer to four decimal places.
W =
If you were the manager of Fore and Aft Marina, would you be satisfied with the service level your system will be providing? why?
Answers: 3
Business, 22.06.2019 12:50
In june 2009, at the trough of the great recession, the bureau of labor statistics announced that of all adult americans, 140,196,000 were employed, 14,729,000 were unemployed and 80,729,000 were not in the labor force. use this information to calculate: a. the adult population b. the labor force c. the labor-force participation rate d. the unemployment rate
Answers: 3
Business, 22.06.2019 18:00
Your subscription to investing wisely weekly is about to expire. you plan to subscribe to the magazine for the rest of your life, and you can renew it by paying $85 annually, beginning immediately, or you can get a lifetime subscription for $620, also payable immediately. assuming that you can earn 6.0% on your funds and that the annual renewal rate will remain constant, how many years must you live to make the lifetime subscription the better buy?
Answers: 2
Business, 22.06.2019 19:40
The common stock of ncp paid $1.35 in dividends last year. dividends are expected to grow at an annual rate of 5.30 percent for an indefinite number of years. a. if ncp's current market price is $22.57 per share, what is the stock's expected rate of return? b. if your required rate of return is 7.3 percent, what is the value of the stock for you? c. should you make the investment? a. if ncp's current market price is $22.57 per share, the stock's expected rate of return is
Answers: 3
Business, 22.06.2019 20:40
Review the wbs and gantt chart you created previously. propose three to five additional activities that would you estimate resources and durations. now, identify at least eight milestones for the recreation and wellness intranet project. remember that milestones normally have no duration, so you must have tasks that will lead to completing the milestone. add your activities and milestones to your gantt chart, creating a new gantt chart. estimate the task durations and enter dependencies as appropriate. remember that your schedule goal for the project is six months. copy the gantt chart and network diagram to a word document.
Answers: 2
The new Fore and Aft Marina is to be located on the Ohio River near Madison, Indiana. Assume that Fo...
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