User Account

All Pages

Exponential with a mean of four minutes

Assignment Help Basic Statistics
Reference no: EM131939415

A bank has an inside teller operation with two windows and a drive-through. Teller 2 works both inside and is responsible for the drive-through, while Teller 1 works only inside. Cars arrive to the drive-through uniformly every 5 to 15 minutes. Inside customers arrive uniformly every 10 to 20 minutes. Transaction times at the drive through are exponential with a mean of three minutes. Times for inside transactions are exponential with a mean of four minutes. The drive-through has a capacity for only four cars. Develop a SimQuick model, and run it for 600 minutes. Explain the results.

Reference no: EM131939415

Questions Cloud

How long will a customer expect to wait before being served : Customers arrive in the saloon at an average rate of two per hour for getting a haircut this service. a. How long will a customer expect to wait before being
Find the operating characteristics of the single teller : Find the operating characteristics of the single teller queuing system.
Develop a simquick model to simulate process : Develop a SimQuick model to simulate this process, and explain the results.
Calculate acme total manufacturing costs for may : Acme, Inc., incurs the following costs during May: Direct labor 27,500 Plant depreciation 7,700. Calculate Acme's total manufacturing costs for May
Exponential with a mean of four minutes : The drive-through has a capacity for only four cars. Develop a SimQuick model, and run it for 600 minutes. Explain the results.
What is the firm depreciation and amortization expense : The Millennium Chemical Corporation announced that for the period ending December 31, 2013, What is the firm's depreciation and amortization expense
Develop a simquick model : Develop a SimQuick model and use it to conduct experiments to determine the optimal number of pharmacists to have.
Discuss both the supporters and the critics of the policy : What was the containment policy, and how successful was it up to 1935? Discuss both the supporters and the critics of the policy
What is effective annual yield : TD Bank pays an annual dividend of $2.12 at the rate of $0.53 quarterly. The stock is trading at $63.21. What is the effective annual yield?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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