A Manager Assembled the Following Information About an Infinite Source

question 37

Essay

A manager assembled the following information about an infinite source waiting line system: 5 servers,an arrival rate of 6 per hour,and a service time of 20 minutes.The manager has determined that the average number of customers waiting for service is .04.Determine each of the following:
(i)the server utilization
(ii)the average waiting time in line in minutes
(iii)the average time in the system
(iv)the average number in the system

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Definitions:

Trading Possibilities Line

A line that shows the different combinations of two products that an economy is able to obtain (consume) when it specializes in the production of one product and trades (exports) it to obtain the other product.

Cost Ratios

These ratios compare different types of costs to each other or to sales in order to evaluate a company's financial efficiency and profitability.

Constant Costs

Costs that do not change in total with the level of activity or production volume, within a certain range of activity or period of time.

Domestic Real Cost

The actual economic cost of production or acquisition, factoring in domestic purchasing power and excluding the effects of inflation.