Use This Information to Answer the Following Questions

question 19

Essay

Use this information to answer the following questions.
A fast food restaurant currently has 2 cashiers.Upon arrival,customers form a single line and place their food order at the next available register.Assume that customers arrive at the rate of 35 per hour.It takes an average of 3 minutes to place and process each customer's order.Assume that arrival rate follows a Poisson distribution and service time follows an exponential distribution.
-Refer to the information above.To determine the efficiency of operations,the cafeteria manager wishes to examine several queue operating characteristics.Based upon the analysis,the manager believes that if the average waiting time per customer in the system is greater than 5 minutes,then a request for an additional employee should be made.Should the manager make a request to hire an additional employee?

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Definitions:

Spot Rates

The existing market value at which one can buy or sell a currency for instant delivery.

Selling Price

The set amount of money for which a product or service is sold to customers.

Spot Rates

The present cost at which a specific asset is available for purchase or sale with immediate delivery.

Selling Price

The amount of money for which an item is sold to a buyer.