Answered step by step
Verified Expert Solution
Question
...
1 Approved Answer
See below: Question 10 A bank employs four tellers to serve its customers. Customers arrive according to a Poisson process at a mean rate of
See below:
Question 10 A bank employs four tellers to serve its customers. Customers arrive according to a Poisson process at a mean rate of two per minute. However, business is growing and management projects that the mean arrival rate will be three per minute a year from now. The transaction time between a teller and a customer has an exponential distribution with a mean of one ruinute. Management has established the following guidelines for a satisfactory,r level of service to customers. The average number of customers waiting in line to begin service should not exceed one. At least 95% of the time, the number of customers waiting in line should not exceed ve. For at least 95% of customers, the time spent in line waiting to begin service should not exceed ve minutes. {a} Use the Mvlfs model to determine how well these guidelines are cur rentlg.r being satised. {b} Evaluate how well the guidelines will be satised a year from now if no change is made in the number of tellers. Hint: Use the fact that in an Mfo5 system, if 335;, denotes the time that a customer spends waiting in the queue, thenStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started