A Distribution of Service Times at a Waiting Line Shows

question 71

Essay

A distribution of service times at a waiting line shows that service takes 6 minutes 40% of the time, 7 minutes 30% of the time, 8 minutes 20% of the time, and 9 minutes 10% of the time. Prepare the probability distribution, the cumulative probability distribution, and the random number intervals for this problem.

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Definitions:

Cost of Goods Manufactured

Refers to the total production cost incurred by a company to manufacture products in a given period, including raw materials, labor, and overhead costs.

Sales

Sales refer to the total revenue earned from goods or services sold by a company during a specific period.

Variable Cost

Costs that vary directly with the level of production or service delivery, such as raw materials and direct labor.

Work in Process Inventory

Inventory of unfinished goods that are still in the process of production, accounting for materials, labor, and overhead.