Exhibit 12-3 a Credit Union Has a Small Branch in Which a Which

question 4

Essay

Exhibit 12-3
A Credit Union has a small branch in which a single customer service representative serves the needs of customers who arrive at an average rate of 24 per hour. The service representative can typically handle 30 customers per hour. Based on an analysis of historical data, it is reasonable to assume that customer interarrival times and service times are exponentially distributed. Assume that all arriving customers enter the branch, regardless of the number already waiting in line.
-Refer to Exhibit 12-3.What is the average length of the waiting line

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Definitions:

Oceans

Large bodies of saltwater that cover approximately 71% of the Earth's surface and serve as a critical part of the planet's climate system and habitat for marine life.

Biological Magnification

The process by which the concentration of toxic substances increases in each successive link in the food chain.

Bioaccumulation

The buildup of a persistent toxic substance, such as certain pesticides, in an organism’s body.

DDT

Dichloro-Diphenyl-Trichloroethane, a synthetic insecticide used historically for malaria and pest control, now banned in many countries due to environmental impact.