Problem into the interactive routine for simulation

Assignment Help Basic Statistics
Reference no: EM131104275

View the first demonstration example (Simulating a Basic Queueing System) in the simulation area of your OR Tutor.

(a) Enter this same problem into the interactive routine for simulation in your OR Courseware. Interactively execute a simulation run for 20 minutes of simulated time.

(b) Use the Queueing Simulator with 5,000 customer arrivals to estimate the usual measures of performance for this queueing system under the current plan to provide two tellers.

(c) Repeat part (b) if three tellers were to be provided.

(d) Now perform some sensitivity analysis by checking the effect if the level of business turns out to be even higher than projected. In particular, assume that the average time between customer arrivals turns out to be only 0.9 minute instead of 1.0 minute. Evaluate the alternatives of two tellers and three tellers under this assumption.

(e) Suppose you were the manager of this bank. Use your simulation results as the basis for a managerial decision on how many tellers to provide. Justify your answer.

Reference no: EM131104275

Questions Cloud

Consider the information for simple economy : Consider the information below for a simple economy. Assume there are no traveler's checks. What is M1 in this simple economy? b) What is M2 in this simple economy?
What is the velocity of the first block after the collision : What is the velocity of the first block after the collision?
Interactive routine for simulation in your or courseware : View the second demonstration example (Simulating a Queueing System with Priorities) in the simulation area of your OR Tutor. Then enter this same problem into the interactive routine for simulation in your OR Courseware.
Determine the common speed of the blocks : Use the principle of conservation of linear momentum to determine the common speed of the blocks just after the collision. (carry the answer to one decimal place.) height = .60 m
Problem into the interactive routine for simulation : (a) Enter this same problem into the interactive routine for simulation in your OR Courseware. Interactively execute a simulation run for 20 minutes of simulated time.
The trial balance of antoine watteau company : (Corrected Trial Balance) The trial balance of Antoine Watteau Co. shown below does not balance.Each of the listed accounts has a normal balance per the general ledger.
Define the hausdorff metric : Let (X, d) be a metric space, and let K(X) be the space of all nonempty compact subsets of X. We define the Hausdorff metric dH on K(X) as follows: for A, B ∈ K(X), dH(A, B) is the smallest ε such that for every point a in A
A simulation of a single-server queueing system : While performing a simulation of a single-server queueing system, the number of customers in the system is 0 for the first 10 minutes, 1 for the next 17 minutes, 2 for the next 24 minutes, 1 for the next 15 minutes, 2 for the next 16 minutes, and ..
A maintenance crew to repair its machines : The Rustbelt Manufacturing Company employs a maintenance crew to repair its machines as needed. Management now wants a simulation study done to analyze what the size of the crew should be, where the crew sizes under consideration are 2, 3, and 4.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd