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The manager of a bank must determine how many tellers, out of a maximum number of 6 , should work on Fridays. For every minute
The manager of a bank must determine how many tellers, out of a maximum number of should work on Fridays. For every minute a customer is in the bank, the manager believes that a cost of $ is incurred. On average customers per minute arrive at the bank, and a teller takes an average of minutes to complete a customer's transaction.
It costs the bank $ per hour to hire a teller. Assuming an MMc queuing system,
a points find all the feasible numbers of tellers needed to serve the customers cu
Calculate the average amount of time a customer spends in the system for each case. You can use the approximations introduced in class
b points find the number of tellers the manager should hire in order to minimize the sum of the service costs and customer waiting costs.
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