Determine the average waiting time in the queue

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Question: On Saturday evenings, patients arrive at a hospital with an average rate of 7 per hour following a Poisson distribution. The attending physician can treat a patient in 20 minutes on average, following an exponential distribution. There are currently three physicians on staff at this time.

Complete a Monte Carlo Excel simulation to determine the average waiting time in the queue? How does this compare to a theoretical value?

Reference no: EM133229619

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