Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

(b) Peter's International Barbershop is a popular haircutting and styling saloon near the campus of the Brooklyn College. One barber is available to work full

image text in transcribed (b) Peter's International Barbershop is a popular haircutting and styling saloon near the campus of the Brooklyn College. One barber is available to work full time and spend an average of 3 minutes on each customer. Customers arrive all day long at an average rate of 2 customers every 10 minutes. Arrivals tend to follow the Poisson distribution, and service times are exponentially distributed. Explain your results. [8 points] (a) What is the probability that the shop is empty? (b) What is the average number of customers in the barbershop? (c) What is the average time spent in the shop? (d) What percentage of time the barber is busy? (e) What is the average number of customers waiting to be served? (f) What is the probability that there will be more than two customers in the shop

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Accounting

Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith

13th edition

134472144, 978-0134472140

More Books

Students also viewed these Accounting questions

Question

Explain the term remanufacturing.

Answered: 1 week ago

Question

What happens to the oligopolists profits if entry is easy?

Answered: 1 week ago