Question 1: describe the problem facing the restaurant by answering these questions in your own words. What is the problem? Why has it occurred? How is Mr. Diamantouros planning to respond to the problem?
A. The simulated function given in the Excel spreadsheet “Hamptonshire Express: Problem_#1” allows the user to find the optimal quantity of newspapers to be stocked at the newly formed Hamptonshire Express Daily Newspaper. Anna Sheen estimated the daily demand of newspapers to be on a normal standard distribution; stating that daily demand will have a mean of 500 newspapers per day with a standard deviation of 100 newspapers per day. Using the function provided, the optimal stocking quantity, which maximizes expected profit, is determined to be approximately 584 newspapers. If 584 newspapers were to be ordered, Hamptonshire Express will net an
As the food court manager at the Mall of Elbonia, you need to determine how much time customers spend at the mall during different times of the week (for example: midweek day; midweek evening; weekend day; weekend evening). Last week the mall survey staff randomly surveyed mall visitors as they left the mall. One key question asked how much time the customer had spent in the mall on that day.
Queueing analysis has been used in hospitals and other healthcare settings, but not fully utilized. There has been no proper approach in dealing with queues theory and models and accompanying risks, some of which will be still contentious. Due to the myriad of health risks that come with patients taking long on queues, there is need to investigate and unravel untold sufferings among the patients, The results of this study will be used to a larger extent by the medical practitioners in the Ministry of Health, County Governments and Iten County Referral Hospital management to ensure that queuing theory is properly
In (Table 3) and (Table 4) we apply these allocation rates with Customers A and B to illustrate how costs are affected by the ordering habits of customers
This report is based on several assumptions drawn from the facts outline in the Logan case. First, we will assume that Logan airport operates 24 hours per day, 365 days per year. Furthermore, it is assumed that the processing system is a single-phase service process, which means that each server (runway) performs the same set of activities on one customer (aircraft) at a time. Each aircraft is processed in the first come first serve (FCFS) order. Since 90%
Queueing theory deals with one of the most unpleasant experiences of life, waiting. Queueing is quite common in many fields, for example, in telephone exchange, in a supermarket, at a petrol station, at computer systems, etc. I have mentioned the telephone exchange first because the first problem of queueing theory was raised by calls and Erlang was the first who treated congestion problems in the beginning of 20th century.