subject
Business, 25.10.2019 01:43 kebaby9930

Larry ellison starts a company that manufacturers high-end custom leather bags. he hires three employees. each employee only begins working on a bag when a customer order has been received and then she makes the bag from beginning to end. the average production time of a bag is 2.8 days with a standard deviation of 4 days. larry expects to receive one customer order per day on average. the inter-arrival times of orders have a coefficient of variation of 1.

what is the expected duration, in days, between when an order is received and when production begins on the bag (i. e. include the time waiting to start production but do not include the time in accuracy should be of two digits after the decimal places.)

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 10:50
Bill dukes has $100,000 invested in a 2-stock portfolio. $62,500 is invested in stock x and the remainder is invested in stock y. x's beta is 1.50 and y's beta is 0.70. what is the portfolio's beta? do not round your intermediate calculations. round the final answer to 2 decimal places.
Answers: 2
question
Business, 22.06.2019 19:50
Statistical process control charts: a. indicate to the operator the true quality of material leaving the process. b. display upper and lower limits for process variables or attributes and signal when a process is no longer in control. c. indicate to the process operator the average outgoing quality of each lot. d. display the measurements on every item being produced. e. are a graphic way of classifying problems by their level of importance, often referred to as the 80-20 rule.
Answers: 2
question
Business, 22.06.2019 20:50
Which of the statements best describes why the aggregate demand curve is downward sloping? an increase in the aggregate price level causes consumer and investment spending to fall, because consumer purchasing power decreases and money demand increases. as the aggregate price level increases, consumer expectations about the future change. as the aggregate price level decreases, the stock of existing physical capital increases. as a good's price increases, holding all else constant, the good's quantity demanded decreases.
Answers: 2
question
Business, 22.06.2019 23:00
Which completes the equation? o + a + consideration (+ = k legal capacity legal capability legal injunction legal corporation
Answers: 1
You know the right answer?
Larry ellison starts a company that manufacturers high-end custom leather bags. he hires three emplo...
Questions
question
Mathematics, 03.03.2020 15:43
question
Mathematics, 03.03.2020 15:43
question
Mathematics, 03.03.2020 15:44
question
Mathematics, 03.03.2020 16:00