Consumers at a ABC arrive at a rate of 45 per hr. There are three servers that can process customers at an average of 3 mins. (a) What is the average wait time? (b) What is the average number of customers waiting? (c) What is the average number of customers in the DMV?
1. Consumers at a ABC arrive at a rate of 45 per hr. There are three servers that can process customers at an average of 3 mins.
(a) What is the average wait time?
(b) What is the average number of customers waiting?
(c) What is the average number of customers in the DMV?
2. A small entrepreneurial company is trying to decide between developing twodifferent products that they believe they can sell to two potential companies, one large andone small. If they develop Product A,they have a 50% chance of selling it to the largecompany with annual purchases of about 20,000 units.If the large company won't purchaseit, then they think they have an 80% chance of placing it with a smaller company, with salesof 15,000 units.On the other hand if they develop Product B, they feel they have a 40%chance of selling it to the large company, resulting in annual sales of about 17,000 units. If the large company doesn't buy it, they have a 50% chance of selling it to the small company with sales of 20,000 units.
How many units of Product A can they expect to sell?
a. 16,000
b. 17,000
c. 20,000
d. 15,000
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