Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

SOLVE WITH EXCEL

Willow Brook National Bank operates a drive-up teller window that allows customers to complete bank transactions without getting out of their cars. On weekday mornings, arrivals to the drive-up teller window occur at random, with an arrival rate of 24 customers per hour or 0.4 customer per minute.

a) What is the mean or expected number of customers that will arrive in a five-minute period?

b) Assume that the Poisson probability distribution can be used to describe the arrival process. Use the arrival rate in part (a) and compute the probabilities that exactly 0, 1, 2, and 3 customers will arrive during a five-minute period.

c) Delays are expected if more than three customers arrive during any five-minute period. What is the probability that delays will occur?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92176925

Have any Question?


Related Questions in Operation Management

The weedwacker company manufactures two type of lawn

The Weedwacker Company manufactures two type of lawn trimmers: an elecmodel and a gas model. The company has contracted to supply a national discount retail chain with a total o 30,000 electric trimmers and 15,000 gas tr ...

For this assignment you will compose a essay about the

For this assignment you will compose a essay about the concept of chemical incompatibility including practical information involving two chemical products. Choose bleach (a base ) and another household chemical product t ...

Please read the ldquoshouldice hospital limited b case

Please read the “Shouldice Hospital Limited (B) Case Study and answer the following case questions: 1. As an advisor to Chairman Jack Shevell and his management team at Centric, what advice would you give them concerning ...

1 what recommendations can you make for including asian

1. What recommendations can you make for including Asian Americans in broadcast media in non-stereotype ways? 2. Discuss the purpose of authorization cards used during a union organizing campaign. Who would sign them? Wh ...

Case scenario at the workplace you are the research team

Case scenario. At the workplace, you are the research team leader. The Boss wants your team to conduct a study with three or more groups to solve a problem. Since there are many workplace problems, you must select the pr ...

Explain how the united states postal service and retail

Explain how the United States Postal Service and retail business have responded to environmental changes. Evaluate positive and negative consequences of these changes. Analyze what can be done to combat the negative cons ...

1 how does swot analysis set the stage for strategic

1. How does SWOT analysis set the stage for strategic planning?What are the strengths and limitation of SWOT Analysis?What are some differences between SWOT and GAP analysis? (250 words_No copy paste) 2. Why do healthcar ...

1 why is the inductive approach often better suited for

1. Why is the inductive approach often better suited for individuals looking to craft a written persuasive request(i.e. when asking someone for a favor, and/or for information)? Why not use the deductive sequence? 2. Who ...

Granite state airlines also serves the route between

Granite State Airlines also serves the route between Washington, DC (National), and Portsmouth, NH, with a single flight daily. The airline sells both discount fare and full fare tickets. The airline has assigned a 100 s ...

1 which of the following is a similarity between goods and

1. Which of the following is a similarity between goods and services? automation Both can usually be kept in inventory. mass production consistency Both have quality standards. 2. What is a SWOT Analysis and How to Condu ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As