Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The new Fore and Aft Marina is to be located on the Ohio River near Madison, Indiana. Assume that Fore and Aft decides to build
The new Fore and Aft Marina is to be located on the Ohio River near Madison, Indiana. Assume that Fore and Aft decides to build a docking facility where one boat at a time can stop for gas and servicing. Assume that arrivals follow a Poisson probability distribution, with an arrival rate of boats per hour, and that service times follow an exponential prob ability distribution, with a service rate of boats per hour. Answer the following questions: a What is the probability that no boats are in the system?b What is the average number of boats that will be waiting for service? c What is the average time a boat will spend waiting for service? d What is the average time a boat will spend at the dock? e If you were the manager of Fore and Aft Marina, would you be satisfied with theservice level your system will be providing? Why or why not?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored 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