Examlex
Scenario E.1
SimQuick is being used to simulate the following bank process:
Customer arrivals at the Entrance Door of the bank with an average time between arrivals of 2.5 minutes. The Line Buffer holds 6 customers. If a customer arrives and the buffer line is filled, the customer leaves. The Work Station Teller's processing time per customer is normally distributed, with a mean of 3.0 minutes and a standard deviation of 0.5 minutes. The Served Customer Buffer in the flow chart is used to count the number of customers processed during the period simulated. A 2-hour period was simulated.
The SimQuick simulation is run, and the results are as follows:
-Use the information in Scenario E.1. Approximately what percentage of total customers who arrived during the 2-hour period found the buffer full and were not able to enter?
Expected Number
The calculated average or mean value of a numerical random variable, representing what one expects to happen over numerous trials.
Probability Distribution
A statistical function detailing all potential values and their probabilities for a random variable within a specific range.
Probability Distribution
A mathematical function which calculates the likelihood of various possible results in an experiment.
Blackjack
A casino card game where players try to achieve a hand value as close to 21 as possible without exceeding it.
Q24: A(n) _ allocates space and indicates placement
Q32: Use the information in Figure K.1. If
Q38: The _ is the interest rate that
Q52: Referring to Table 19-5,what is the EOL
Q55: Using the information in Table J.9 and
Q59: Referring to Table 16-2,what is the unweighted
Q65: Use the information in Scenario B.4. What
Q71: A bank that dedicates one window for
Q81: In the context of operations scheduling, total
Q90: The percent of work time productively spent