A Service Counter Employs Two Servers

question 60

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 number of customers waiting to be served would be

• A)4.444
• B)2.844
• C)1.600
• D)0.893

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Definitions:

Product Flexibility

The ability of a company to modify its products to adapt to changes in consumer preferences or market demands.

Pricing Decisions

The process of determining the selling price of goods or services, taking into account factors like cost, demand, and competition.

Revenue Considerations

Factors affecting the income generated from sales of goods or services in a business.

Profitability

The financial metric that measures the degree to which a company or business activity generates profit compared to its revenue or costs.