Calculate the probability of no cars in the toll plaza

Assignment Help Business Management
Reference no: EM1337814

Cars arrive at a toll plaza at the rate of 60 cars per hour. There are four booths each capable of serving 30 cars per hour. Assuming a Poisson distribution for arrivals and a exponential distribution for the service time, determine (a) the probability of no cars in the toll plaza, (b) the average length of the line, and (c) The average time spent by a car in the plaza.

Reference no: EM1337814

Questions Cloud

How to create a html website : Create a HTML website using the following guidance.
The parameters of short term tactical planning : Discuss the parameters of short-term tactical planning to ensure compliance with the Long-term Objectives.
Proceedings of international criminal court : Can victims participate at any stage of the trial and post-trial proceedings of the international criminal court?
The issue of having insufficient variation in prices : the issue of separating out the effects of price on the quantity demanded when supply cannot be not held constant. the issue of having insufficient variation in prices.
Calculate the probability of no cars in the toll plaza : Cars arrive at a toll plaza at the rate of 60 cars per hour.  Calculate the probability of no cars in the toll plaza
Describe and explain the interest parity concept : Describe and explain the interest parity concept using formal methods Explain IS and LM curve behavior and nominal interest rate in the domestic economy,
Explain how business markets differ from consumer markets : Explain How business markets differ from consumer markets and Could you explain how business markets differ from consumer markets
Define how to use css : CSS is a very powerful tool for changing the way a webpage is displayed. It is too flexible and allows the designer to deliver HTML code to many devices without changing the markup.
Elucidate why at one point in time a keynesian approach : Elucidate why, at one point in time, a Keynesian approach to managing the macro-economy might be appropriate while, at another point in time, a classical approach might be more likely to produce a superior outcome.

Reviews

Write a Review

Business Management Questions & Answers

  Explain the pros and cons of this marketing idea

Explain the pros and cons of this marketing idea  proposed by the company from the both a financial and non-financial perspective.

  Connection between positive psychology and business ethics

What are the major implications for using positive psychology to study business ethics?

  Develop an action plan for executing the marketing strategie

Develop an action plan for executing the marketing strategies identified

  Impact of vietnam war on american culture

Consider the impact of the Vietnam War on American culture. In the decades prior to the 1980s, two issues beset American culture: civil rights and the Vietnam War.

  Steps to get into a leadership position

Describe the steps you've taken to get into a leadership position.

  Explaining tools to become self-aware

What tools do you use to become self-aware? How would you describe your authentic self?

  Good communication skills by successful manager

The secret to being a successful manager is to use good communication skills that create a positive image.

  Leader to manage across cultures

Why is it important for a leader to be able to manage across cultures?

  Vision statement for reaching your ideal potential

How did you develop this vision statement for reaching your IDEAL potential?

  Enron crisis of confidence-parties responsible and why

List five parties or institutions (not specific individuals) that are primarily responsible for this "crisis of confidence" in the public accounting profession and the independent audit function.

  Escalation of commitment in play in gm-s decision

Saturn has never turned a profit for GM. Why hasn't Saturn turned a profit? Was escalation of commitment in play in GM's decision? Why?

  Comparing and contrasting two types of organizations

In what type of organization do you think would be most effective for my leadership style, and in what organization would it be least effective? Compare and contrast these two types of organizations.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd