The krasnapolski is a top-of-the-line hotel in amsterdam, Ask an Expert

Management Studies

The Krasnapolski is a top-of-the-line hotel in Amsterdam, the Netherlands. Among their many services, they rent bicycles to guests. The bicycle checkout is open 24 hours per day 7 days per week and has 50 bicycles on hand. On average, 10 guests request a bicycle each day, arriving completely randomly at all times of the day during the spring and summer. Guests keep bicycles for four days on average, with a standard deviation of two days. How many guests are waiting for a bicycle on average?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92563306

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