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f you use Excel to model businesses, business processes, or
business transactions, this course will change your life. You'll learn how to create tools for yourself that will amaze
even you. Unrestricted use of this material is available in two ways.
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| Order "Spreadsheet Models for Managers, on-line edition, one month" by credit card, for USD 69.95 each, using our secure server, and receive download instructions by return email. | Or order via Google Checkout. |
| Order "Spreadsheet Models for Managers, on-line edition, three months" by credit card, for USD 199.00 each, using our secure server, and receive download instructions by return email. | Or order via Google Checkout. |
| Order "Spreadsheet Models for Managers, downloadable hyperbook edition" by credit card, for USD 199.00 each, using our secure server, and receive download instructions by return email. | Or order via Google Checkout. |
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Make your check payable to Chaco Canyon Consulting, for the amount indicated:
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To use the course software you'll need some other applications, which you very probably already have. By placing your order, you're confirming that you have the software you need, as described on this site.
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Be sure to check the list of worksheet functions that are needed for the homework assignments, to see which new functions (if any) might help with this one.
Since macros are not permitted in this homework assignment, be certain that your workbook has no macros.
Remember that some problems are slight extensions of what we show you in demonstrations and the session notes, and some problems are somewhat ambiguous. This is intended to parallel what you'll frequently encounter at work. If you feel a bit confused, there are some things you can do to help clarify things.
Before attempting this homework, you might find it helpful to read about:
Numbers at the left in square brackets indicate point values.
Having
originally positioned itself as an upscale burger chain, Windy's has a number of outlets that do not have drive-through
service. To meet competitive pressures, Windy's has decided to install drive-through service throughout its operations. They
estimate that drive-through customers will arrive, on average, every 3 minutes, and that the time to
service them will be exponentially distributed with a rate of one every 2.6 minutes.
Find the average number of cars in the drive-through, including both the number in line and the one being served.
Find the average time (in minutes) that it takes a car to move through the line and arrive at the service window.
Find the average time (in minutes) that a car takes to move through the entire drive-through system.
Find the probability that there are 6 cars in the drive-through, either waiting to be, or being, served.
Find the probability that there are 10 cars in the drive-through, either waiting to be served, or being served.
You've procrastinated yet again, and you're standing in line at the post office to mail your income tax form on the due date. There's only one service window open. When you arrive in the line there are 6 people in front of you, so you have some time to kill, and you try to apply what you know about service lines. As time passes, you observe that the average service time is about 2.0 minutes, and new people come into the line, on average, one every 2.5 minutes.
Find the average number of people in the system including both the number in line and the one being served.
For more about my spreadsheet consulting and training services, visit SpreadsheetAce.com.
Last Modified: Wednesday, 22-Oct-2008 05:31:20 EDT