Determine the average waiting time


Problem 1: The tool crib at a large manufacturing company is responsible for providing tools to the factory workers on demand. The tool crib has a variable demand. Historically, its demand has ranged from 150 to 250 small tools per day with an average of 200. Diane, the tool crib attendant, works eight hours a day, five days a week. Each order is for one small tool and each small tool takes Diane 2 minutes to retrieve from the bins. Determine the average waiting time, in minutes?

Select one:

a.5
b.3
c.7
d.2

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Managerial Accounting: Determine the average waiting time
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