subject
Business, 11.02.2021 22:20 rosier6244

The following situation refers to Tom Opim, a first-year MBA student. In order o pay the rent, Tom decides to take a job in the computer department of a local department store. is only responsibility is to answer telephone calls to the department, most of which are inquiries about store hours and product availability. As Tom is the only person answering calls, the manager of the store is concerned about queuing problems. Currently, the computer department receives an average of one call every 3 minutes, with a standard deviation in this interarrival time 3 minutes. Tom requires an average of 2 minutes to handle a call. The standard deviation in is processing time is 1 minute. The telephone company charges $5,00 per hour for the telephone lines whenever they are in use (either while a customer is in conversation with Tom or while waiting to be helped). Assume that there are no limits on the number of customers that can be on of th hold an d that customers do not hang up even if forced to wait a long time. a. For one of his courses, Tom has to read a book (The Pole, by E. Silvermouse). He can read 1 page per minute. Tom's boss has agreed that Tom could use his idle time for studying as long as he drops the book as soon as a call comes in.
b. How many pages can Tom read a. during an 8-hour shift?
Hint: You need to calculate the % of time that Tom is not serving a customer, i. e., idling (think about the meaning of utilization). Then, the total idle time in an 8-hour shift equals (8 hours)*(% of idle time). From there, you can get how many pages on average Tom can read during an 8-hour shift.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 14:30
The legal form of business ownership that is owned by many people is called a
Answers: 2
question
Business, 22.06.2019 01:30
Suppose the following items were taken from the balance sheet of nike, inc. (all dollars are in millions.) 1. cash $ 2,316.7 7. inventory $ 2,245.6 2. accounts receivable 2,786.2 8. income taxes payable 80.3 3. common stock 2,841.1 9. equipment 1,783.8 4. notes payable 291.2 10. retained earnings 6,162.5 5. buildings 3,959.7 11. accounts payable 2,624.6 6. mortgage payable 1,092.3 perform each of the following. classify each of these items as an asset, liability, or stockholders’ equity, and determine the total dollar amount for each classification. (enter amounts in millions up to 1 decimal place, e.g. 45.5 million.) cash accounts receivable common stock notes payable buildings mortgage payable inventory income taxes payable equipment retained earnings accounts payable assets $ 13092 liability $ 4088.4 stockholders’ equity $ 9003.6 etextbook and media determine nike’s accounting equation by calculating the value of total assets, total liabilities, and total stockholders’ equity. (enter amounts in millions up to 1 decimal place, e.g. 45.5 million.) total assets = total liabilities + total stockholders’ equity
Answers: 3
question
Business, 22.06.2019 09:00
Harry is 25 years old with a 1.55 rating factor for his auto insurance. if his annual base premium is $1,012, what is his total premium? $1,568.60 $2,530 $1,582.55 $1,842.25
Answers: 3
question
Business, 22.06.2019 16:10
Regarding the results of a swot analysis, organizational weaknesses are (a) internal factors that the organization may exploit for a competitive advantage (b) internal factors that the organization needs to fix in order to be competitive (c) mbo skills that should be emphasized (d) skills and capabilities that give an industry advantages problems that a specific industry needs to correct
Answers: 1
You know the right answer?
The following situation refers to Tom Opim, a first-year MBA student. In order o pay the rent, Tom d...
Questions
question
English, 23.06.2019 20:00
question
Mathematics, 23.06.2019 20:00
question
Mathematics, 23.06.2019 20:00
question
Mathematics, 23.06.2019 20:00
Questions on the website: 13722367