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Question 3 (2+2+2 = 6 points)Use Little’s formula to answer the following two questions.Little’s formula: WIP = Flow rate × Flow time.a)At a ski resort in Salt Lake City, their lift unloads 1296 skiers per hour at the top of the slope. Theride from the bottom to the top of the slope takes 5 minutes. On average how many skiers are ridingon the lift? (2 points)
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b)On average there are 15 customers waiting to be served in a community bank. The bank tellers canserve 2.5 customers in a minute. How long will the customer spend in the bank? (2 points)
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c)Home Depot’s inventory turns are 4.7 turns per year, its cost of goods sold is $44.7 Billion per year.What is the average inventory it holds in $ Billion? (2 points)