A Small Store Is Trying to Determine If Its Current

question 11

Essay

A small store is trying to determine if its current checkout system is adequate.Currently,there is only one cashier,so it is a single-channel,single-phase system.The store has collected information on the interarrival time,and service time distributions.They are represented in the tables below.Use the following two-digit random numbers given below to simulate 10 customers through the checkout system.What is the average time in line,and average time in system? (Set first arrival time to the interarrival time generated by first random number.
Random numbers for interarrival times: 07,60,77,49,76,95,51,16,14,85
Random numbers of service times: 57,17,36,72,85,31,44,30,26,09

---

Definitions:

Substitutes

Goods or services that can be used in place of each other, where the increase in the price of one leads to an increase in demand for the other.

Price Increases

Occurs when the cost of goods or services rises over a period of time.

Demand for Good

Demand for good refers to the quantity of a product or service that consumers are willing and able to purchase at various prices during a given period.

Equilibrium Quantity

Equilibrium quantity is the quantity of goods or services supplied and demanded at the equilibrium price, where the quantity demanded equals the quantity supplied, leading to market stability.