The number of teller windows that should be opened by Bank 2. Introduction: In order to predict the waiting time and length of the queue, queueing model will be framed. Queueing theory is the mathematical model that can be used for the decision-making process regarding the resources required to provide a service.

Question

An average of 300 customers per hour arrive at a hugebranch of bank 2. It takes an average of 2 minutes to serveeach customer. It costs $10 per hour to keep open a tellerwindow, and the bank estimates that it will lose $50 infuture profits for each hour that a customer waits in line.How many teller windows should bank 2 open?

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Question

Chapter 12, Problem 47P

Summary Introduction

To determine: The number of teller windows that should be opened by Bank 2.

Introduction: In order to predict the waiting time and length of the queue, queueing model will be framed. Queueing theory is the mathematical model that can be used for the decision-making process regarding the resources required to provide a service.

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