Norton's Convenience Store Has a Variable Demand

question 76

Essay

Norton's Convenience store has a variable demand. The daily demand ranges from 270 to 330 customers a day who average purchasing 5 items each. The average daily demand is 300 customers. The convenience store currently operates 12 hours a day. Each order takes approximately 2 minutes.
Required:
a.What is the average customer waiting time, in minutes?
b.What is the cycle time for an order?
c.Norton has decided that the waiting time is too long and has increased the hours the store is open to 15 hours. What is the waiting time now?

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Definitions:

Life Satisfaction

A measure of well-being and happiness, reflecting the extent to which individuals feel content with their lives as a whole.

Financial Security

The state of having stable income or other resources to support a standard of living now and in the foreseeable future.

Psychosocial Development

A concept in psychology that encompasses the interrelation of social, emotional, and psychological growth across the lifespan, influenced by Erik Erikson's stages of development.

Generativity

The concern for establishing and guiding the next generation, often expressed through parenting, caregiving, and mentorship.