A Service Counter Employs Two Servers

question 17

Multiple Choice

A service counter employs two servers.On average,a server requires 8 minutes to process a customer and service times follow an exponential distribution.Customers arrive at the counter at the rate of 12 per hour according to a Poisson distribution.The average amount of time spent by a customer waiting in line is approximately

• A)0.370 minutes
• B)2.844 minutes
• C)14.22 minutes
• D)22.20 minutes

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Definitions:

Artificially Scarce

Artificial scarcity refers to situations where availability of products or resources is restricted due to factors other than natural scarcity, often manipulated through regulatory or monopolistic practices.

Self-Protection

Actions taken by individuals or entities to mitigate or avoid risks to themselves.

Private Market

A market where transactions are made between private entities without significant government intervention or regulation.

Common Resources

Resources that are available to all individuals, such as air or public parks, but are susceptible to overuse and depletion because they are not privately owned.