What is the average number of customers in queue

Assignment Help Business Management
Reference no: EM132819580

UST National Bank is considering opening a drive-through window for customer service. Management estimates that customers will arrive at the rate of 15 per hour. The teller who will staff the window can service customers at the rate of one every three minutes. Assume Poisson arrivals and exponential service. What is the average number of customers in queue?

Reference no: EM132819580

Questions Cloud

What is the utilization of the security check point : The security checkpoint can process one passenger every 2 seconds. What is the utilization of the security check point?
What are the key points to convince management : Based on the results of the Cash-Flow report, What are the key points to convince management that the investment proposal is the best now and in the long term?
How did marcel duchamps fountain change : How did Marcel Duchamps Fountain (Fig. 32-29) change the course of art and Explore the significance of Jackson Pollock''s drip paintings.
Identify the audit procedures normally associated : Your auditor's report was signed on 20 August and the financial statements were issued on 5 September. Identify the audit procedures normally associated
What is the average number of customers in queue : Assume Poisson arrivals and exponential service. What is the average number of customers in queue?
Determine what is earnings before interest and taxes : General and Administrative Expenses were $2,000. Interest Expenses were $1,000. What is Earnings Before Interest and Taxes?
Potential inputs and outputs of an employee retention : What are some potential inputs and outputs of an employee retention/onboarding program?
What is the total insurance premium corresponding : What is the total insurance premium corresponding to the optimal assignment?
Most popular countries for it outsourcing : According to recent surveys, China, India, and the Philippines are the three most popular countries for IT outsourcing.

Reviews

Write a Review

Business Management Questions & Answers

  Evaluating the performance of teachers

Using the example of evaluating the performance of teachers, students and schools, explain the pros and cons of attempting to use objective measurements

  Training program to help the managers

In an organization you are part of, you are tasked with designing a training program to help the managers become better communicators.

  Describe the potential causes of scenario

Describe the potential causes of this scenario. What could the manager have done differently?

  Traditional authority and rational-legal authority

investigate the similarities, differences, advantages and disadvantages of traditional authority and rational-legal authority

  How you would incorporate environmental responsibility

Describe how you would incorporate environmental responsibility into the new product development process (Stage-Gate Process).

  Strategies that an employer may use to avoid

Choose two (2) factors from those discussed in the textbook that may cause a possible breach of an implied contract. Suggest two (2) strategies that an employer

  Explain the terms win-win strategy

Define and briefly explain the terms 'win-win strategy' and 'win-lose strategy'.

  Find the standard deviation of correct answers

Find the standard deviation of correct answers to this test from just guessing. Do your calculations with many decimal places (at least 4).

  Was your company prepared for challenges

Was your company prepared for these challenges? How was this decision communicated to the employees?

  What is the price of insurance in the equilibrium

a. What is the price of insurance in the equilibrium? b. Who buy insurance in equilibrium?

  How effective performance appraisal can increase performance

Write a paper describing how effective performance appraisals can increase employee performance. This paper should include sections on the strategic advantages.

  What is equilibrium quantity

The supply of jute is described as P = 0.75 Q + 30, while the demand for jute is P = 190 - 0.25 Q.

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