Question

In: Statistics and Probability

Consider an ATM of a bank located at a metro station. Only one person can use...

Consider an ATM of a bank located at a metro station. Only one person can use the machine, so a queue forms when two or more customers are present. The metro station is limited in size and can hold only five people. When there are more than five people, arriving customers will not enter the queue. Statistics indicates that the average time between arrivals is 30 seconds, whereas the time for service averages 24 seconds. Both times follow exponential distribution.

a. Draw the graph representation of this CTMC.

b. Find the proportion of time that the ATM is idle.

c. Find the proportion of time that the ATM has 2 persons in total.

d. Find the proportion of time that the ATM is busy.

e. Find the proportion of customer that obtain immediate service.

f. Find the proportion of a customer who arrive and find the system is full.

g. Find the average number of customers in the ATM system.

h. Find the average time spent in the system.

Solutions

Expert Solution

Answer:-

Given That:-

Consider an ATM of a bank located at a metro station. Only one person can use the machine, so a queue forms when two or more customers are present. The metro station is limited in size and can hold only five people. When there are more than five people, arriving customers will not enter the queue. Statistics indicates that the average time between arrivals is 30 seconds, whereas the time for service averages 24 seconds. Both times follow exponential distribution.

Given,

This is a M/M/1/N queue system

Arrival rate = 60/30 = 2 per minute

Service rate = 60/24 = 2.5 per minute

Operating characteristics of the system are computed in the following spreadsheet

Excel formula:-

a. Draw the graph representation of this CTMC.

Discrete probability graph is following:

b. Find the proportion of time that the ATM is idle.

Proportion of time that the ATM is idle = Probability of 0 customers in system = 0.2711

c. Find the proportion of time that the ATM has 2 persons in total.

Proportion of time that ATM has 2 persons in total = 0.1735

d. Find the proportion of time that the ATM is busy.

Proportion of time that ATM is busy = utilization

= 0.80

Thank you for your supporting. Please upvote my answer...


Related Solutions

A space station is about to disintegrate. There is room for one person in an escape...
A space station is about to disintegrate. There is room for one person in an escape pod which will preserve that person’s life until a rescue vehicle can arrive. There are three persons left on the station: a 20 year old student (that is you), a 50 year old scientist and a young child. Who should be given the space in the escape pod, or should the three draw lots and decide randomly?
A space station is about to disintegrate. There is room for one person in an escape...
A space station is about to disintegrate. There is room for one person in an escape pod which will preserve that person’s life until a rescue vehicle can arrive. There are three persons left on the station: a 20 year old student (that is you), a 50 year old scientist and a young child. Who should be given the space in the escape pod, or should the three draw lots and decide randomly?
A space station is about to disintegrate. There is room for one person in an escape...
A space station is about to disintegrate. There is room for one person in an escape pod which will preserve that person’s life until a rescue vehicle can arrive. There are three persons left on the station: a 20 year old student (that is you), a 50 year old scientist and a young child. Who should be given the space in the escape pod, or should the three draw lots and decide randomly?
a) A bank is interested in studying the number of people who use the ATM. On...
a) A bank is interested in studying the number of people who use the ATM. On average, 2 customers walk up to the ATM during any 10 minute. Find the probability in each case. i) Atleast 5 customer in 20 minutes. ii) Fewer than 6 but more than 2 customer in 10 minutes. b) Anderson Research is a full-service marketing research consulting firm. Recently it was retained to do a project for a major U.S. airline. The airline was considering...
A remotely located air sampling station can be powered by solar cells or by running an...
A remotely located air sampling station can be powered by solar cells or by running an above ground electric line to the site and using conventional power. Solar cells will cost $17,200 to install and will have a useful life of 5 years with no salvage value. Annual costs for inspection, cleaning, and other maintenance issues are expected to be $2,500. A new power line will cost $33,500 to install, with power costs expected to be $1,000 per year. Since...
A remotely located air sampling station can be powered by solar cells or by running an...
A remotely located air sampling station can be powered by solar cells or by running an electric line to the site and using conventional power. Solar cells will cost $13,500 to install and will have a useful life of 4 years with no salvage value. Annual costs for inspection, cleaning, etc. are expected to be $1,400. A new power line will cost $12,000 to install, with power costs expected to be $1,100 per year. Since the air sampling project will...
A remotely located air sampling station can be pow- ered by solar cells or by running...
A remotely located air sampling station can be pow- ered by solar cells or by running an above ground electric line to the site and using conventional power. Solar cells will cost $16,600 to install and will have a useful life of 5 years with no salvage value. Annual costs for inspection, cleaning, etc., are expected to be $2400. A new power line will cost $31,000 to install, with power costs expected to be $1000 per year. Since the air...
PROBLEM 3 A fire station is located one mile from the west end of a 3...
PROBLEM 3 A fire station is located one mile from the west end of a 3 mile east-west stretch of road. (The fire station is located along that road, one mile from the west end and two miles from the east end.) Fires to which the fire truck must respond are uniformly distributed along this stretch of road. When a fire call comes, the truck leaves immediately and travels at 30 miles per hour (= 1/2 mile per minute). Let...
Consider the two investments shown below, only one of which can be chosen. They are one-shot...
Consider the two investments shown below, only one of which can be chosen. They are one-shot investments. Calculate AW2-1 assuming 13.2305 interest rate. EOY Alternative 1 Alternative 2 0 - 20,286 - 40,370 1 3,741 1,000 2 3,741 1,800 3 3,741 2,600 4 3,741 3,400 5 3,741 4,200 6 5,000 7 5,800 8 6,600
Consider the two investments shown below, only one of which can be chosen. They are one-shot...
Consider the two investments shown below, only one of which can be chosen. They are one-shot investments. Calculate AW2-1 assuming 15.2628 interest rate. EOY Alternative 1 Alternative 2 0 - 24,423 - 48,780 1 2,729 1,000 2 2,729 1,800 3 2,729 2,600 4 2,729 3,400 5 2,729 4,200 6 5,000 7 5,800 8 6,600
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT