Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please help with -If a second teller is added, the average time a customer spends in the system -If a second teller is added, the

image text in transcribed
please help with

-If a second teller is added, the average time a customer spends in the system

-If a second teller is added, the average number of customers in the system

-If a second teller is added, the probability that the bank is empty

Neve Commercial Bank is the only bank in the town of York. Pennsylvania. On a typical Friday, an average of 10 customers per hour arrive at the bank to transact business. There is one teller at the bank, and the average time required to transact business is 4 minutes. It is assumed that service times may be described by the negative exponential distribution. A single line would be used, and the customer at the front of the line would go to the first available bank teller. If a single teller is used: a) The average time in the line =8 minutes (round your response to two decimal places) b) The average number in the line = customers (round your response to two decimal places). c) The average time in the system = minutes (round your response to two decimal places) d) The average number in the system =2 customers (round your response to two decimal places). e) The probability that the bank is empty =0.33 (round your response to two decimal places). f) CEO Benjamin Neve is considering adding a second teller (who would work at the same rate as the first) to reduce the waiting time for customers. He assumes that this will cut the waiting time in half. If a second teller is added, the average time a customer spends in the queve =0.5 minules (round your response to two decimal places) If a second teller is added, the average number of customers in the queue a 0.0833 customers (round your response fo four decimal places). If a second teller is added, the average time a customer spends in the system = minutes (round your response to two decimal places)

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

Students also viewed these General Management questions