Spreadsheet Models for Managers


Getting Access to Spreadsheet Models for Managers


ISpreadsheet Models for Managersf 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.

As a stand-alone Web site
It resides on your computer, and you can use it anywhere. No need for Internet access.
At this Web site
If you have access to the Internet whenever you want to view this material, you can purchase on-line access. Unlimited usage. I'm constantly making improvements and you'll get them as soon as they're available.

To Order On Line

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.

To Order by Mail

Make your check payable to Chaco Canyon Consulting, for the amount indicated:
  • For the download: USD 199.00
  • For access online for three months: USD 199.00
  • For access online for one month: USD 69.95
And send it to:
Chaco Canyon Consulting
700 Huron Avenue, Suite 11J
Cambridge, MA 02138

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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Spreadsheet Models for Managers


Departure Characteristics 12/6
Session Links

  • Mean service time is constant
  • Distribution of service times
    • Random
      • Statistical distribution
      • If service times are independent we model them as the interarrival times of a Poisson Distribution (Exponential Distribution)
  • Departure management
    • As soon as a customer is serviced, they instantly depart
    • Inventory security problem
      • Movie theater: separate doors for exit to prohibit multiple viewings
      • Supermarkets
        • Can't get out without going through a checkout
        • Must leave after checkout
      • Airline checkin: no place to stand after service

Now that we understand the statistics of arriving customers, let's look at the departure distribution. The basic difference between these two distributions is that departures depend on arrivals. When the arrival distribution is a Poisson distribution, the statistical distribution that describes this behavior is an exponential distribution. It's the distribution of interarrival times of the Poisson distribution. It assumes that customers depart as soon as they're serviced.

Facilities managers try to manage departures, just as they try to manage arrivals. For example, in supermarkets and in airline check-in areas, there is simply nowhere to stand around after you've been serviced. This is a design feature that constrains the customer to leave immediately upon completion of service. Movie theaters actually have special exit doors and crowd control staff to ensure that the theater is emptied as quickly as possible.

Of course, not all managers want to speed up departures — some want to slow them down. For instance, roadside restaurants know that cars (and sometimes tractor-trailers) parked out front are interpreted by prospective customers as endorsements. Speedy service when business is slow is sometimes a counterproductive strategy.

For more about my spreadsheet consulting and training services, visit SpreadsheetAce.com.

Last Modified: Wednesday, 22-Oct-2008 05:31:20 EDT

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Sign Up for the On Line Version of This Course
With dozens of solved problems and special course tools, this course can dramatically increase your spreadsheet skills. For just USD 199.00 you receive three months of access with unlimited email support. Learn more about improving your spreadsheet sophistication and effectiveness.
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Get the Hyperbook Edition of This Course
Identical to the edition you're viewing, but with dozens of solved problems and special course tools, and it stands alone — no Internet connection required. For just USD 199.00, it includes three months of unlimited email support. Learn more about improving your spreadsheet sophistication and effectiveness.
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