Question

In: Operations Management

Can you please do in excel 2. Customers arrive at an ATM at a rate of...

Can you please do in excel

2. Customers arrive at an ATM at a rate of 75 per hour (assume that the arrival process can bedescribed by a Poisson Distribution). The average time a customer spends at the machine (excludingwait time) is 45 seconds (assume exponential service time).

a) What type of queuing system is this?

b) What is the arrival rate (λ)?

c) What is the service rate (μ)?

d) What is the average amount of time that a customer will spend waiting in line (in minutes)?

e) How long (in minutes) should a customer who is on their way to the ATM expect to be there(i.e., from arrival at the queue until finishing their transaction)?

f) On average, how many customers are waiting to use the ATM?

g) What is the probability that a customer will arrive at the ATM and not have to wait at all?h) Assume that a second machine is added (but customers wait in a single line), and hypothesizeon how the line length and wait time will change. Calculate the answer.

Solutions

Expert Solution

a) As there is 1 server or ATM and the arrival rate is a Poisson process and service rate is exponential process, this is a M/M/1 single model queuing system

b) As given in the problem the arrival rate λ is 75 per hour.

c) It is given that each customer needs 45 seconds at the machine. Hence service rate in hour is (60*60)/45 = 80 per hour. Below is the excel snapshot and the formula

d) Average time a customer spends in the waiting line, Wq

Below is the excel snapshot and the formula

e) Average time a customer spends in the system, W

Below is the excel snapshot and the formula

f) The number of customers waiting in the line, Lq is given as below

Below is the excel snapshot and the formula

g) Probability that the customer does not have to wait P0 is given as below

Below is the excel snapshot and the formula


Related Solutions

Customers arrive at a local ATM at an average rate of 14 per hour. Assume the...
Customers arrive at a local ATM at an average rate of 14 per hour. Assume the time between arrivals follows the exponential probability distribution. Determine the probability that the next customer will arrive in the following time frames. ​a) What is the probability that the next customer will arrive within the next 2 ​minutes? ​b) What is the probability that the next customer will arrive in more than 15 ​minutes? ​c) What is the probability that the next customer will...
Customers arrive for service at a rate of 50 an hour and each server can deal...
Customers arrive for service at a rate of 50 an hour and each server can deal with 25 customers an hour. There are three servers. If the customers time is valued at $20 an hour and server time costs $30 an hour, how much does the queue cost for an eight hour day?
Customers arrive for service at a rate of 50 an hour and each server can deal...
Customers arrive for service at a rate of 50 an hour and each server can deal with 25 customers an hour. There are three servers. If the customers time is valued at $20 an hour and server time costs $30 an hour, how much does the queue cost for an eight hour day?
Customers arrive at a local grocery store at an average rate of 2 per minute. (a)...
Customers arrive at a local grocery store at an average rate of 2 per minute. (a) What is the chance that no customer will arrive at the store during a given two minute period? (b) Since it is a “Double Coupon” day at the store, approximately 70% of the customers coming to the store carry coupons. What is the probability that during a given two-minute period there are exactly four (4) customers with coupons and one (1) without coupons? (c)...
For this, problem, please include the excel procedure you used to arrive at an answer (screenshots,...
For this, problem, please include the excel procedure you used to arrive at an answer (screenshots, explanation, actual file, etc.). Brokerage Overall Satisfaction with Electronic Trades Satisfaction with Trade Price Satisfaction with Speed of Execution Scottrade, Inc. 3.5 3.4 3.4 Charles Schwab 3.4 3.2 3.3 Fidelity Brokerage Services 3.9 3.1 3.4 TD Ameritrade 3.7 2.9 3.6 E*Trade Financial 2.9 2.9 3.2 (Not listed) 2.7 2.5 3.2 Vanguard Brokerage Services 2.8 2.6 3.8 USAA Brokerage Services 3.6 2.4 3.8 Thinkorswim 2.6...
Customers arrive at the drive-up window of a fast-food restaurant at a rate of 2 per...
Customers arrive at the drive-up window of a fast-food restaurant at a rate of 2 per minute during the lunch hour What is the probability that the next customer will arrive within 1 minute? What is the probability that the next customer will arrive after 0.5 minutes? What is the probability that the next customer will arrive between 45 seconds and 1.5 minutes?
Customers arrive at a​ drive-up window of a​ fast-food restaurant at a rate of 2 per...
Customers arrive at a​ drive-up window of a​ fast-food restaurant at a rate of 2 per minute during lunch hour. a. What is the probability that the next customer will arrive within 2 minutes​? b. What is the probability that the next customer will arrive within 3 ​minutes? c. During the dinner time​ period, the arrival rate is 1 per minute. What are your answers to a and b for this​ period?
PLEASE SHOW ALL WORK IN EXCEL!!!!!!! SHOW CALCULATIONS / FORMULAS IN EXCEL!!!!!!!! Voters arrive at a...
PLEASE SHOW ALL WORK IN EXCEL!!!!!!! SHOW CALCULATIONS / FORMULAS IN EXCEL!!!!!!!! Voters arrive at a polling station at an average of 4 per minute (Poisson) where the service rate is 50 per hour (Poisson). a. What is the average number of voters in the system with 5 voter booths? (10 pts) b. What is the minimum number of voting booths needed to keep the average time in the system under three minutes? (10 pts) PLEASE SHOW ALL WORK IN...
Answer the following questions and use Excel to show your work. Customers arrive at a supermarket...
Answer the following questions and use Excel to show your work. Customers arrive at a supermarket check-out counter with an average arrival rate of 9 customers per hour. Answer questions 8–10 using the preceding information and modeling this situation as a Poisson distribution. 8. What is the probability of less than 5 customers arriving at the supermarket check-out counter in a given 1-hour period? a) 0.054 b) 0.446 c) 0.359 d) 0.612 9. What is the probability of exactly 12...
Suppose that customers arrive at a bank at a rate of 10 per hour. Assume that...
Suppose that customers arrive at a bank at a rate of 10 per hour. Assume that the number of customer arrivals X follows a Poisson distribution. A. Find the probability of more than 25 people arriving within the next two hours using the Poisson mass function. B. Find the probability of more than 25 people arriving within the next two hours using the normal approximation to the Poisson. C. Compute the percent relative difference between the exact probability computed in...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT