Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

Suppose a bank has one teller. Customers arrive at the rate of 10 per hour (assume Poisson arrivals), and on the average it takes 5 minutes to serve a customer (assume exponential service times). The average number of customers waiting in system is 5. What is the service rate per hour?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M91763739

Have any Question?


Related Questions in Operation Management

Compare and analyse the effect of multi-national companies

Compare and analyse the effect of Multi-National Companies (MNCs) in Fast Food Chain Outlets with Saudi Based domestic Fast Food Outlets. Consider one MNC Fast Food outlet (McDonalds / KFC / Pizza Hut / Baskin-Robbins) w ...

1 do you believe that an other-centered manager who

1. Do you believe that an other-centered manager who projects caring and supportiveness as well as high expectations would be taken advantage of by employees? Explain. 2. How much involvement should a victim have in a cr ...

1 is the companies interest in holding ipos likely to

1. Is the companies interest in holding IPOs likely to increase or decrease in the future? 2. Do you agree or disagree with the following statement? “I think managers have little responsibility for the failure of busines ...

Participate in a discussion with your classmates regarding

Participate in a discussion with your classmates regarding economic reasoning in government policies. Recall that economic reasoning is based on the premise that everything has a cost, thus, economic reasoning involves r ...

This assignment will help you prepare for the next modules

This assignment will help you prepare for the next module's assignment about Workforce 2020. Workforce 2020 refers to the type of workforce leaders are likely to encounter in 2020. The concept refers to the workforce tha ...

Your are a global business intelligence consultant you have

Your are a Global Business Intelligence consultant. You have been hired to produce a Business Intelligent report about a country(Berlin, Germany). Your report should include: 1. An external analysis report that include p ...

Student teams will address current and evolving

Student teams will address current and evolving perspectives and practices institutional security, executive, and general employee protection. Each team will develop a 5 to 7 minute PP presentation. It is expected that s ...

1 what roles do airports and seaports play in global

1. What roles do airports and seaports play in global transportation? How does cargo flow through these facilities? Do you think the processes are efficient? Why or why not? 2. List ALL the components necessary to build ...

1 why is marketing ethics a strategic consideration in

1. Why is marketing ethics a strategic consideration in organizational decisions? Who is most important in managing marketing ethics: the individual or the firm’s leadership? Explain your answer. 2. What strengths and we ...

Lexi lauren and madeleine wrapped up their discussion with

Lexi, Lauren and Madeleine wrapped up their discussion with a look at the steps involved with capital budgeting. “The steps are identifying opportunities, evaluating opportunities, implementing the project and conducting ...

  • 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