Course Solutions Uncategorized Hardware Store Rents One Wood Chipper Request Chipper Arrives Every 4 Days Standard Deviat Q34217918

Hardware Store Rents One Wood Chipper Request Chipper Arrives Every 4 Days Standard Deviat Q34217918

A hardware store rents its one wood chipper. A request for thechipper arrives every 4 days with a standard deviation of 4 days.On average clients rent the chipper for one day. If a requestarrives and the chipper is not available, customers rent fromanother company. What percentage of demand is lost?

A) 25%

B) 80%

C) 0%

D) 20%

Expert Answer


The part of considering the stream rate that would be embracedby the client to lease from another organization for this situationis the mean which is the square base of the standard deviationwhich is square foundation of 4 which is two (2) at that point thestream

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