Customers Arrive at a Bank at a Rate of 50

question 51

Essay

Customers arrive at a bank at a rate of 50 per hour.The bank has 3 tellers and on average,it takes 2 minutes to service a customer.
(a)What proportion of time are the tellers busy?
(b)What is the average number of customers in the bank?
(c)What is the average weight time?

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Definitions:

Partially Satisfy

To meet or fulfill a need, requirement, or condition to some extent but not completely.

Compromise

Occurs when each party to the conflict gives up something of value to the other.

Bargaining

The process of negotiating terms and conditions between two or more parties with the aim of reaching a mutually acceptable agreement.

Win-Win Conflict

A resolution strategy where all parties involved come out ahead or benefit from the solution.