The average number of shoppers in the new store at any time is 60% percent less than the average number of shoppers in the original store at any time.
The average is defined as the mean value that equals the ratio of the sum of the number of values in a given set to the total number of values in the set.
It is given that the original business has an estimated average of 45 customers at any given time.
The manager of the new business believes that 90 consumers each hour enter the store, which equates to 1.5 shoppers every minute.
The manager also believes that each consumer spends an average of 12 minutes in the store.
As a result of Little's law, there are, on average,
N=rT=(1.5)(12)
= 18 shoppers at the latest shop
From the above, we can state that:
[(45-18)/45] x 100 = 60%
That is the average number of shoppers in the new store at any time is 60% percent less than the average number of shoppers in the original store at any time.
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