User Account

All Pages

What is the average waiting time

Assignment Help Business Management
Reference no: EM132388308

The Customers arrive at a cash counter managed by a single person in one of the branches of Bank Albilad. Arrival times follow a Poisson distribution with a mean rate of 8 customers per hour. On an average 6 minutes are required to serve a customer and service times follow an exponential distribution. What is the average waiting time (in minutes) of a customer in the system?

Reference no: EM132388308

Questions Cloud

Given that anu average morning waiting time : Given that Anu's average morning waiting time in a week is over 14 minutes, find the probability that it is less than 15 minutes.
What is the probability that he will have enough apples : What is the probability that he will have enough apples if he picks 7 apples from the trees
Poker hand be drawn from a standard deck of cards : In how many ways can a five-card poker hand be drawn from a standard deck of cards?
Compute the probability that neither customer purchase : Compute the probability that neither customer purchase (# purchases = 0), and enter the answer with 3 decimal places.
What is the average waiting time : What is the average waiting time (in minutes) of a customer in the system?
Normally distributed population with standard deviation : We have the survey data on the body mass index (BMI) of 665 young women. The mean BMI in the sample was x = 26.2.
How large an srs of scores must you choose : You want to estimate the mean score within ±12 with 90% confidence. How large an SRS of scores must you choose?
Can they arise from the sample population : In another sample of 1000 the mean is 20 and standard deviation is 4.0. Assuming that the samples are independent; can they arise from the sample population?
CSM80002 Environmental Sustainability in Construction : CSM80002 Environmental Sustainability in Construction Assignment help and Solution - Swinburne University of Technology, Australia - Low Carbon building design

Reviews

Write a Review

Business Management Questions & Answers

  Determining the valuable training decision

Do you think this is a valuable training decision that is worth the extra cost? If yes, justify your reason.

  Identify toyotas capabilities and core competencies

Identify Toyota's capabilities and core competencies. How is Toyota placed internally to effectively implement the initiative proposed by Akio Toyoda? What should Akio Toyoda do to return Toyota to profitability?

  Discuss the aggregate demand

Discuss the Aggregate Demand-Based (Keynesian) explanations. In your discussion of the Aggregate Demand Based explanations

  Estimable credit company loans funds to farmland granaries

Estimable Credit Company loans funds to Farmland Granaries, LLC, to buy a silo. Estimable obtains an insurance policy from Grangers Insurance

  Security risk statement play in security risk analysis

What role does creating a security risk statement play in security risk analysis?

  Major reasons for the skepticism

Discuss two (2) of the major reasons for the skepticism of many developing nations regarding the comparative-advantage principle and free trade.

  Ethical challenges facing businesses

During this module you have explored the ethical challenges facing businesses. As you prepare to take your place in the management and leadership of the future you are asked to evidence and reflect upon the development of your ethical awareness an..

  Porter five forces as strategic management tool

Briefly discuss how decision makers at Telkom can use Porter Five Forces as strategic management tool to conduct industry analysis.

  Actual and normal costing

Will underapplied and overapplied overhead arise under both actual and normal costing? Explain your answer.

  Right tail of the chi-square distribution curve

Find the value of c2 for 5 degrees of freedom and an area of .025 in the right tail of the chi-square distribution curve. What is the value of chi-square?

  Ethical issue that pt consultant

Identify and discuss one ethical issue that PT consultant must be aware of.

  What is the difference between management and leadership

What is the difference between management and leadership? Explain the distinction using examples from sport organizations.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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