Pn that exactly n spaces currently are being used is Po= 0.1, P₁ = 0.2, P₂ = 0.4, P3 = 0.3. (a) This parking lot can be interpreted as being a queueing system. Identify the customers and the servers. What constitutes a service time? What is the queue capacity? (b) Determine the basic measures of performance—L, Lq, W, and W₁-for this queueing system. (c) Use the results from part (b) to determine the average length of time that a car remains in a parking space. (d) Find p, the utilization factor.
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- - Mom-and-Pop’s Grocery Store has a small adjacent parking lot with three parkingspaces reserved for the store’s customers. During store hours, cars enter the lot and useone of the spaces at a mean rate of 2 per hour. For n = 0, 1, 2, 3, the probability Pn that exactly n spaces currently are being used is P0 = 0.1, P1 = 0.2, P2 = 0.4, P3 = 0.3. - Midtown Bank always has two tellers on duty. The Customers arrive at checkouts at an average rate of 40 per hour. A cashier requires an average of 2 minutes to serve a customer. When both cashiers are busy, arriving customer joins a queue and wait to be served. From experience it is known that customers They wait in line for an average of 1 minute before going to the checkout. a) Describe why this is a waiting line system Mention the queuing model that can be implemented for the analysis (notation of Kendall) and why that model was chosenNewell and Jeff are the two barbers in a barber shop they own and operate. They provide two chairs forcustomers who are waiting to begin a haircut, so the number of customers in the shop varies between 0 and 4.For n = 0, 1, 2, 3, 4, the probability Pn that exactly n customers are in the shop. A. Calculate L . How would you describe the meaning of L to Newell and Jeff?B. For each of the possible values of the number of customers in the queueing system, specify howmany customers are in the queue. Then calculate Lq . How would you describe the meaning of Lq to Newelland Jeff? C.Determine the expected number of customers being served. D. Given that an average of 4 customers per hour arrive and stay to receive a haircut, determine W andWq . Describe these two quantities in terms meaningful to Newell and Jeff. E. Given that Newell and Jeff are equally fast in giving haircuts, what is the average duration of ahaircut?41) Burger Cart April has a popular burger cart where an average of 12 customers per hour arrive to buy a burger. April can serve an average of 20 customers per hour. Layla runs a coffee stand across the street from April. As Layla looks over at April's burger cart, what is the probability she will see 3 customers at the cart (in line or being served)? Group of answer choices 0.4219 0.0156 0.7500 0.0117 0.0720 0.1055 0.2500 42) Burger Cart The average time required to serve a customer = _______ minutes. Group of answer choices 2.50 minutes 1.67 minutes 3.00 minutes 20.00 minutes 4.00 minutes 5.00 minutes 2.00 minutes
- Telephone calls come into an office at random. The time between calls is the following discrete distribution: Service time Probability 6 .40 7 .30 8 .20 9 .10 When the receptionist is busy, a telephone message tells the caller that the call is important and to please wait on the line until the next reservation agent becomes available. We can assume that customers don’t hang up once they join the call queue. The service time for call follows a normal distribution with a mean of 8 mins and standard deviation of 2.5 mins Simulate the operation of the office telephone system for 1100 customers. Discard the first 100 customers and use data over the next 1000 customers to answer the following questions: What is the average waiting time for customers? What is the utilization of the receptionist? What is the probability that a customer waits for longer than 1 min before their call is answered?The time between arrivals of buses follows anexponential distribution, with a mean of 60 minutes.a What is the probability that exactly four buses willarrive during the next 2 hours?b That at least two buses will arrive during the next 2hours?c That no buses will arrive during the next 2 hours? d A bus has just arrived. What is the probability thatit will be between 30 and 90 minutes before the next busarrives?The school of business has 3 fax machines. The toner in each machine needs to be changed after about 5 hours of use. There is one unit secretary who is responsible for the fax machine maintenance. It takes him 15 minutes to replace the toner cartridge. What is the probability the system is empty?
- I ONLY NEED HELP WITH PART C,D,E,F PLEASE. Gubser Welding, Inc., operates a welding service for construction and automotive repair jobs. Assume that the arrival of jobs at the company's office can be described by a Poisson probability distribution with an arrival rate of three jobs per 8-hour day. The time required to complete the jobs follows a normal probability distribution, with a mean time of 2.5 hours and a standard deviation of 1.6 hours. Answer the following questions, assuming that Gubser uses one welder to complete all jobs. (a)What is the mean arrival rate in jobs per hour? (Round your answer to four decimal places.) per hour CORRECT ANSWER IS 0.3750 (b)What is the mean service rate in jobs per hour? (Round your answer to four decimal places.) per hour CORRECT ANSWER IS 0.4000 (c) What is the average number of jobs waiting for service? (Round your answer to four decimal places.) 8.12563 IS WRONG (d) What is the average time (in hours) a job waits before…The company Litely sells 1,350 electrical switches per year and at the same time, it makesorders of 300 switches. They don’t have any safety stock. Litely calculates that they have a 50%of probabilities of not having stockout in each cycle. The probability of stockout of 5, 10 and 15units is 0.2, 0.15 and 0.15 respectively. It has been calculated a production cost per unit andyear of 5 dollars and of 6 dollars in case of stockout (3 dollars of profit loss per switch andadditionally 3 more dollars of future sold loss). Which should Litely use as the level of safetystock for this product? (Consider a safety stock of 0, 5, 10 and 15 units).Mr. Cherry owns a gas station on a highway in Vermont. In the afternoon hours, thereare, on average, 30 cars per hour passing by the gas station that would like to refuel.However, because there are several other gas stations with similar prices on the highway, potential customers are not willing to wait—if they see that all of the pumps areoccupied, they continue on down the road.The gas station has three pumps that can be used for fueling vehicles, and cars spendfour minutes, on average, parked at a pump (filling up their tank, paying, etc.).a. What is the offered load?b. What is the implied utilization?c. What is the capacity of the gas station (cars per hour)?d. What is the probability that all three pumps are being used by vehicles?e. How many customers are served every hour?f. What is the utilization of the pumps?g. How many pumps should it have to ensure that it captures at least 98 percent of thedemand that drives by the station?
- Williams Auto has a machine that installs tires. The machine is now in need of repair. The machineoriginally cost $10,000 and the repair will cost $1,000, but the machine will then last two years.The labor cost of operating the machine is $0.50 per tire. Instead of repairing the old machine,Williams could buy a new machine at a cost of $5,000 that would also last two years; the labor costwould then be reduced to $0.25 per tire. Should Williams repair or replace the machine if it expectsto install 10,000 tires in the next two years?A company’s warehouse can store up to 4 units of agood. Each month, an average of 10 orders for the good arereceived. The times between the receipt of successive ordersare exponentially distributed. When an item is used to fillan order, a replacement item is immediately ordered, and ittakes an average of one month for a replacement item toarrive. If no items are on hand when an order is received,the order is lost. What fraction of all orders will be lost dueto shortages?Global Logistics needs to rent space for storing product for the next three years. The following information regarding the demand and spot price is available. Current demand for the product is 150,000. Historically, Global Logistics has required 1500 square feet to store 1500 units of the product. Demand for the product can go up by 20% with a probability of 0.7 or down by 20% with a probability of 0.3. Global Logistics can sign a three-year fixed lease to rent 150,000 square feet of space at $1.00 per square foot per year. The firm may also choose to obtain warehousing space on the spot market. The current spot market price is $1.20 per square foot per year. The spot price can go up by 10% with a probability of 0.8 and can decrease by 10% with a probability of 0.2. The firm receives a revenue of $1.22 for each unit of demand. a) Create a decision tree showing period 0, 1 and 2 for the scenario described above. b) Calculate the NPV for the option when the firm decides to sign a…