Zimmerman's Bank is the only bank in the small town of St. Thomas. 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 min- utes. It is assumed that service times may be described by the expo- nential 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, find: a) The average time in the line. b) The average number in the line. c) The average time in the system. d) The average number in the system. e) The probability that the bank is empty.

Zimmerman's Bank is the only bank in the small town of St. Thomas. 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 min- utes. It is assumed that service times may be described by the expo- nential 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, find: a) The average time in the line. b) The average number in the line. c) The average time in the system. d) The average number in the system. e) The probability that the bank is empty.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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