What is the average number of customers waiting at the rank

Reference no: EM131300497

Taxis and customers arrive at a taxi rank in accordance with two independent homogeneous Poisson processes with intensities an hour and λ1 = 4 an hour, λ2 = 3 respectively. Potential customers who find two waiting customers do not wait for service, but leave the rank immediately. (Groups of customers who will use the same taxi are considered to be one customer.) On the other hand, arriving taxis who find two taxis waiting leave the rank as wel
A transport company has 4 trucks of the same type. There

The times between failures of a truck (lifetime) is exponential with parameter The repair times are exponen with parameter All life and repair times are assumed to be independent.

l. What is the average number of customers waiting at the rank?

Reference no: EM131300497

Questions Cloud

Create user interactivity with a filter on the panel : Describe this in that panel's interpretation. How does this new column enhance the original data or the display?- Create user interactivity with a filter on the panel.

How come the commercial relations remained stable : The turkish israeli relationship research question in spite of the political differences between israel and turkey - How come the commercial relations remained stable

What are the consequences of getting it wrong : What are the consequences of getting it wrong? (You will review the literature on false accusations and convictions and discuss how this relates to our moral obligation to the innocent and to the guilty.)

What the margin on your account be : You have dollar 500 to invest. You decide to open a margin account with your brokerage. The account has an 80% initial margin requirement. You have decided to invest in Firewood Inc. stock when the price is dollar 5 per share. When the price rises to..

What is the average number of customers waiting at the rank : The times between failures of a truck (lifetime) is exponential with parameter The repair times are exponen with parameter All life and repair times are assumed to be independent.

Eliminate oil price risk generated by the delivery agreement : European options to buy oil in one year at a price of $50 per barrel have a forward delta of 0.2. Assume BigOil Inc. is obligated to deliver 1.25 million barrels of crude oil one year from now at a fixed price of $45 dollars per barrel. How many of t..

What is the most efficient way of organizing the work : A transport company has 4 trucks of the same type. There are 2 maintenance teams for repairing the trucks after a failure. Each team can repair only one truck at a time and each failed truck is handled by only one team.

Makes valuing a tartgets stock difficult and imprecise : Which of the following is not a factor that makes valuing a tartget's stock difficult and imprecise?

Calculate the return on assets : What are the Sales (also called Net Sales, Net Revenue, or Operating Revenue) for the most recent three years? This is normally the largest number. Calculate the return on assets

User Account

All Pages