Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Peter's goal in launching Auto-Luxo (AL) is to provide premium customers with the ability to rent luxury vehicles when they need it. Peter must now

Peter's goal in launching Auto-Luxo (AL) is to provide premium customers with the ability to rent luxury vehicles when they need it. Peter must now decide on the size of his fleet of luxury vehicles. Studies show that the duration of the rental of such cars follows an exponential distribution with an average of 3 days. This includes the time needed to clean and prepare the car for the next customer.

Peter expects to receive about 40 requests per week (the exact request per week is random and the interval between rentals is exponentially distributed). He plans to operate the business seven days a week. Also suppose that customers who want to rent a car when one is not available are added to a waiting list on a "first come, first served" basis, until they get their vehicle.

Part 1 [2 points] How many vehicles should Peter have in his fleet if his goal is that on average there are between 2 and 3 customers on the list? In this case, what proportion of customers obtain their vehicle immediately, without going through the list?

Part 2 [2 points] How many vehicles should Peter have in his fleet if his goal is that, on average, the proportion of customers who must go through the list before obtaining a vehicle is 5%? In this case, on average, how many customers are on the waiting list?

image 

Pour le problme 5 Scenario Taux d'arrives Taux de services #de serveurs Q Capacit W Wq L Lq 1 2.33 inf 2 3 3 2.33 4 0.56 0.13 22.39 5.25 0.34 0.01 13.58 0.24 0.49 0.06 19.58 2.44 0.34 0.00 13.46 0.12 0.46 0.03 18.40 1.26 0.33 0.00 13.40 0.06 0.45 0.02 17.82 0.68 0.33 0.00 13.36 0.03 0.44 0.01 17.52 0.37 0.33 0.00 13.35 0.02 0.43 0.01 17.35 0.21 0.33 0.00 13.34 0.01 0.43 0.00 17.26 0.11 0.33 0.00 13.34 0.00 0.43 0.00 17.20 0.06 0.33 0.00 13.33 0.00 0.43 0.00 17.18 0.03 0.33 0.00 13.33 0.00 5 6 7 8 9 10 11 12 13 14 15 16 17 18 40 40 40 40 40 40 40 40 40 40 40 40 40 40 40 40 40 40 3 2.33 3 2.33 2.33 3 2.33 223323 2.33 2.33 3 2.33 3 ~~28~~~~~~~~~~8855 19 19 20 20 21 21 22 22 23 23 24 24 26 26 27 27 EEEEEEEEEE inf inf inf inf inf inf inf inf inf inf inf inf EEEEEE inf inf inf inf inf Util PO PrBalk PrWait 0.90 0.00 0.00 0.57 0.70 0.00 0.00 0.10 0.86 0.00 0.00 0.41 0.67 0.00 0.00 0.06 0.82 0.00 0.00 0.63 0.00 0.00 0.78 0.00 0.61 0.00 0.75 0.00 0.58 0.00 0.71 0.00 0.56 0.00 0.69 0.00 0.53 0.00 0.66 0.00 0.51 0.00 0.63 0.00 0.49 0.00 0.28 0.04 0.00 0.19 0.02 0.13 0.01 0.08 0.01 0.05 0.00 0.03 0.00 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

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

International Marketing And Export Management

Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr

8th Edition

1292016922, 978-1292016924

More Books

Students also viewed these General Management questions