What is the average utilization of the service system

Assignment Help Operation Management
Reference no: EM131036782

You're the manager of a local bank where a teller provides service to customers. On average, the teller takes 5 minutes to serve a customer. Customers arrive, on average, at a rate of 10 per hour. Having recently received complaints from some customers that they waited a long time before being served, your boss asks you to evaluate the service system.

Assume that it be a M/M/1 system.

a. What is the average utilization of the service system?

b. What is the probability that no customers are being served in the system?

c. What is the average number of customers waiting in line?

d. On average, how long does a customer wait in line before being served?

e. On average, how many customers would be in the system (i.e., at the teller’s station and in line)?

Reference no: EM131036782

Questions Cloud

Cell phones at a best buy store is normally distributed : Weekly demand for Motorola cell phones at a Best Buy store is normally distributed, with a mean of 300 and a standard deviation of 200. Motorola takes two weeks to supply a Best Buy order. Best Buy is targeting a CSL of 95% percent and monitors its i..
Main criteria used by ratings agencies : Describe and discuss the main criteria used by ratings agencies such as Moody's and Standard and Poor's in order to construct credit ratings.(800 words)
Broadest group in the market is a mass market strategy : Appealing to the broadest group in the market is a mass market strategy. Focusing on just one market segment is referred to as a concentration strategy. With a product differentiation strategy a company can either actually change the product or just ..
Determining the variable zipcode : Write some code that assigns True to a variable duplicates if there are two adjacent elements in the list that have the same value, but that otherwise assigns False to duplicates otherwise. In order to accomplish this, you may, if you wish, use o..
What is the average utilization of the service system : You're the manager of a local bank where a teller provides service to customers. On average, the teller takes 5 minutes to serve a customer. What is the average utilization of the service system? What is the probability that no customers are being se..
The historical income statements : These questions are set as guidance; your paper should not just answer these question but instead use these questions as a guideline to write your analysis. I will expect a full financial analysis and a complete paper.
Prepare document flowchart for the cash receipts system : Customer payments include cash received at the time of purchase and payments received in the mail. At day’s end, the treasurer endorses all checks and prepares a deposit slip for the checks and the cash. Develop a context diagram and a Level 0 DFD fo..
Write reflection on issues of race poverty and their nexus : This assignment is a sincere reflection on issues of race/racism, poverty, and their nexus. This reflection will involve your position (not only as conscious/aware being, but also as positioned bodily creature conditioned by your context.
Find aggregate production plan with minimum total cost : A firm produces N products and has M production plants. The following data is available for aggregate production planning over T months: The cost of producing product i in plant j in month t is cijt. The holding cost per unit of product i in month t ..

Reviews

Write a Review

Operation Management Questions & Answers

  What was the dilemma for denny

Watching the video "Whistle-blowing- What was the dilemma for Denny? What was the dilemma for Susan? Where both of them looking out for the best interests of the company

  Advantages of competing with a blue ocean strategy

What are the advantages of competing with a Blue Ocean Strategy as compared with competitors in a Red Ocean environment. Why is it important for a company to have a social media strategy

  What are the primary differences in structure

What are the primary differences in structure between a traditional, mechanistic organization designed for efficacy and a more contemporary, organic organization designed for learning? Be Specific.

  Operate an espresso stand-splitting the profits

Tony and Tina are twins. They operate an espresso stand, splitting the profits and losses 70/30. Tina gets the larger share because the espresso stand was her idea, and she works more hours there. If none of the terms of their agreement are in writin..

  Benefits of quality management

Develop a presentation to the warehouse manager that will be used to promote the benefits of quality management for his department.

  Does it make it easier or harder to prepare a presentation

Assess the impact of presentation software (such as PowerPoint) on public speaking. Does it help or hurt speakers? Does it change audience expectations for speakers? Does it make it easier or harder to prepare a presentation.

  What is the reduction in work-in-process value

If the process makes on unit each hour on average and each unit is worth $1,500, what is the reduction in work-in-process value?

  Discuss how the strategies are applied

Assume the project sponsor within a major corporation has championed a project for the past year, and the concept was finally approved. Of the strategies a sponsor would use to ensure project success, describe three that you think are the most imp..

  What is a good safety stock

A customer who is not satisfied at your store does not wait and simply drives down the street to a competitor.

  Process of risk management are risks prioritized or ranked

In which process of risk management are risks prioritized or ranked?

  Describe some ethical dilemnas sales professional encounter

describe some ethical dilemnas sales professional may encounter. How can sales compensation programs be modified to minimize ethical dilemnas?

  Develop an aggregate plan using a spreadsheet

Helter Industires, a company that produces a line of women's bathing suits, hires temporaries to help produce its summer product demand. For the current four-month rolling schedule

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