In a Bank Drive-Through, There Is a Single Service Window

question 93

Short Answer

In a bank drive-through, there is a single service window and room only for two cars to line-up to wait for service. The mean time between arrivals for drive through customers is 5 minutes. The mean time to complete a customer transaction is 3 minutes. The number of arrivals is distributed according to a Poisson distribution and the service times are exponentially distributed.
-On average, how many customers are waiting to be served?

---

Definitions:

Residual Assets

Assets that remain after all liabilities have been settled, typically referring to what shareholders own in a company.

Proposed Mergers

Planned combinations of two or more companies' operations, assets, or ownership, typically aimed at achieving synergies, growth, or efficiencies.

Equity Capital

Funds raised by a company in exchange for a share of ownership, typically through the issuance of stocks.

Non-voting

Shares that confer ownership in a company but do not grant the shareholder voting rights in the company's corporate decisions.