Consider a post office with two employees and a single waiting line. On average, the inter-arrival time is 6 minutes. Standard deviation of inter-arrival time is 3.94 minutes. Average service time is 5 minutes. Standard deviation of service
time is 2.83 minutes.
a. What is the arrival rate? What is the service rate per employee?
b. What is the utilization of each employee?
c. What is the average time a customer waits for service?
d. What is the average number of customers waiting to be served?
e. What is the average number of customers being served?
f. What is the average number of customers in the system?
g. What is the average time a customer spends in the system?

1. c

2. b

3. a

4. c

5. a

6. b

7. c

8. c

9.b

10. d

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answer/// equals both average variable cost and average total cost at their respective minimums;

answeraccounts;

match the scenarios with terms related to financial aid.

pell grant

student loan

merit-based scholarship

richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.

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anita wants to pursue a certificate program in sports nutrition. to pay for the course, she borrows money by filing the fafsa.

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nathan comes from a low-income household. he wants to pursue an undergraduate degree in marketing. he receives financial aid covering 50 percent of his college expenses. nathan does not have to pay back this amount.

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