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Drivers who come to get their licenses at the Department of Motor Vehicles have their photograph taken by an automated machine that develops the photograph onto the license card and laminates the complete license. The machine requires a constant time of 4.5 minutes to prepare a completed license. If drivers arrive at the machine at a mean rate of 10 per hour (Poisson distributed), determine the average length of the waiting line and the average waiting time in the line.
Your new born child will be starting college in 18 years. You expect your child's college education to cost $23,900 per year, due at the beginning of each year. How much must you set aside at the end of each year for your child to attend four years o..
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In a waiting line situation, arrivals occur at a rate of 2 per minute, and the service times average 18 seconds. Assume the Poisson and exponential distributions. Find average number of units in the system? Find average time in the waiting line. Find..
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