FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Orders arrive at a web site according to a Poisson process with rate 1 per minute. The processing times of orders are independent with mean

Orders arrive at a web site according to a Poisson process with rate 1 per minute. The processing times of orders are independent with mean 1/2 minute and variance 2. What is the long-run average time that an order is delayed (not counting the order's processing time)

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_2

Step: 3

blur-text-image_3

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

Mathematics for Economics and Business

Mathematics for Economics and Business

Authors: Ian Jacques

9th edition

129219166X, 9781292191706 , 978-1292191669

More Books

Students also viewed these Mathematics questions

Question

★★★★★
mary is itimizing deductions and pays the following amounts for her home during the year 2023, 2600 real state taxes, 6890 mortgage, 1000 home owner insurance premiums, 11200 mortgage insurance...

Answered: 1 week ago

Question

★★★★★
The weights of randomly selected U.S. Army male personnel were measured in 1988. The weights of randomly selected U.S. Army male personnel were measured in 2012. An independent samples t-test was run...

Answered: 1 week ago

Question

★★★★★
What can a person try to do to genuinely control spending to better achieve financial success?

Answered: 1 week ago

Question

★★★★★
Let a = (123) (45) = S, and b = (23) (14) = S5, then aba is equal to (13) (25) (135) (24) (15) (23) (123) (45)

Answered: 1 week ago

Question

★★★★★
Assume that a firm can produce either Product A, or Product B, or Product C with the resources it currently employs. These resources cost the firm a total of $50 per week. Also assume that the firm...

Answered: 1 week ago

Question

★★★★★
Determine the amplitude, period, and displacement of the function y = 3 sin(4x /3).

Answered: 1 week ago

Question

★★★★★
Is there any formal training for teaching?

Answered: 1 week ago

Question

★★★★★
Breyer Memorial Hospital received a $100,000 gift that was restricted by the donor for heart research. At fiscal year-end Breyer had incurred $25,000 in expenses related to this project. Explain how...

Answered: 1 week ago

Question

★★★★★
QUESTION 2 2 1 Disiruss toree ( 3 ) anpill tevtres tood t 1 ABSA: Dirives: 2 3 ABSA bave collis in cyor seculity expetis lowotio with their team affer whe wathite arglicatiots atu hrelwrath

Answered: 1 week ago

Question

★★★★★
Your firm sells backup generators to hospitals and clinics. The generators are guaranteed to operate on demand for two years. Your data show that the generators run an average of 42 hours per year....

Answered: 1 week ago

Question

★★★★★
Twenty movies were released over a particular summer and their MPAA ratings (G, PG, PG-13, R) are given in the table below. G G G PG PG PG G G G G PG G G PG PG13 PG G R PG13 G a) Complete the...

Answered: 1 week ago

Question

★★★★★
Joaquin goes for a job interview and is surprised that the interviewer asks him about his personal standards regarding how he would handle certain situations. He expected that the focus would be on...

Answered: 1 week ago

Question

★★★★★
1. A particle moves with amplitude A and period T, as shown in the figure. Express the following in terms of A and T and numerical constants (if necessary). (3 marks) M T A a. The time at which the...

Answered: 1 week ago

Question

★★★★★
Using this ER-Diagram, write an SQL Statement using CONSTRAINTS command and show atleast 1 data of the database. Write down below the SQL Statements and commands that was used. PDiagnosis PAddress...

Answered: 1 week ago

Question

★★★★★
1. (a)(i) What problem has been brought about by uncontrolled mining of minerals in Kenya? (ii) Where is fluorspar mined in Kenya? (iii) Describe how trona is mined and processed in Magadi (b) (i)...

Answered: 1 week ago

Question

★★★★★
Ms . Lane obtained a $ 1 8 , 0 0 0 demand loan from the Canadian Imperial Bank of Commerce on May 2 3 to purchase a car. The interest rate on the loan was prime plus 2 % . The loan required payments...

Answered: 1 week ago

Question

★★★★★
SCHEDULE OF COST OF GOODS MANUFACTURED The following information is supplied for Sanchez Welding and Manufacturing Company. Prepare a schedule of cost of goods manufactured for the year ended...

Answered: 1 week ago

Question

★★★★★
2 Access and read the Uebergang article. Then discuss the following: (a) The research suggests that quite a significant number of ASX listed companies fall into the distressed category. It is...

Answered: 1 week ago

Question

★★★★★
LO2: Identify the main ratios used to analyse profitability, and apply these ratios to a business

Answered: 1 week ago

Question

★★★★★
LO1: Explain the importance of ratios in analysing financial performance, identify the possible bases for comparison, and identify the key aspects of financial performance and financial position that...

Answered: 1 week ago

Previous Question Next Question