Exhibit 13.4 The Following Questions Refer to the Information and Output Below

question 97

Short Answer

Exhibit 13.4
The following questions refer to the information and output below.
A grocery store can serve an average of 360 customers per hour. The service times are exponentially distributed. The store has 4 checkout lines each of which serves 90 customers per hour. Customers arrive at the store at a Poisson rate of 240 customers per hour. The following queuing analysis spreadsheet was developed from this information.
-Refer to Exhibit 13.4. Based on this report what percent of the time is a grocery clerk busy serving a customer?

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Definitions:

Finance

The management of large amounts of money, especially by governments or large companies, including activities such as investing, borrowing, lending, budgeting, and saving.

RUPA

The Revised Uniform Partnership Act (RUPA) is a set of laws adopted by many states in the United States to govern the formation, operation, and dissolution of partnerships.

Partnership Agreement

A legal document detailing the terms of a partnership, including the rights, responsibilities, and share of profits for each partner.

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