please answer all the parts within 30 minutes. The agency commissions a new project on averageevery 7 days. It takes an average of 4 days to dophase 1. Phase 2 takes an average of 5 days to finishthis task. Assume that time between phases areexponentially distributed. Any new projects wait andare handled in the order they arrived for phase 1and 2. For simplicity assume that all parties involvedwork seven days a week.1) What is the throughput for project completionprocess?2) What is the capacity of this process?3) On average, how long does someone have towait for a project to be completed in phase 2 fromthe moment it begins in phase 1?

Project management is the process in which the project manager plans, organizes, and controls the…

1) What is the throughput for project completion process? 2) What is the capacity of this process? 3) On average, how long does someone have to wait for a project to be completed in phase 2 from the moment it begins in phase 1?

1) What is the throughput for project completion process? 2) What is the capacity of this process? 3) On average, how long does someone have to wait for a project to be completed in phase 2 from the moment it begins in phase 1?

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Question

please answer all the parts within 30 minutes.

The agency commissions a new project on average
every 7 days. It takes an average of 4 days to do
phase 1. Phase 2 takes an average of 5 days to finish
this task. Assume that time between phases are
exponentially distributed. Any new projects wait and
are handled in the order they arrived for phase 1
and 2. For simplicity assume that all parties involved
work seven days a week.
1) What is the throughput for project completion
process?
2) What is the capacity of this process?
3) On average, how long does someone have to
wait for a project to be completed in phase 2 from
the moment it begins in phase 1?

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