Question

In: Advanced Math

The Ponchatrain Bridge is a​ 16-mile toll bridge that crosses Lake Ponchatrain in New Orleans.​ Currently,...

The Ponchatrain Bridge is a​ 16-mile toll bridge that crosses Lake Ponchatrain in New Orleans.​ Currently, there are 7 toll​ booths, each staffed by an employee. Since Hurricane​ Katrina, the Port Authority has been considering replacing the employees with machines. Many factors must be considered because the employees are unionized. ​ However, one of the Port​ Authority's concerns is the effect that replacing the employees with machines will have on the times that drivers spend in the system. Customers arrive to any one toll booth at a rate of 12 per minute. In the exact change lanes with​ employees, the service time is essentially constant at 4 seconds for each driver. With​ machines, the average service time would still be 4 ​seconds, but it would be negative exponential rather than​ constant, because it takes time for the coins to rattle around in the machine.

For the​ "Exact Change​ Lane" with employee

The average time driver spends waiting to pay the toll ​= __ seconds​ (round your response to two decimal​ places).

The average time spent by a driver in the toll system​ (waiting and​ paying) ​= __ seconds​ (round your response to two decimal​ places)

The average number of drivers waiting in the line to pay the toll at a toll

booth​=__ drivers​ (round your response to two decimal​ places).

The average number of drivers at any toll​ booth, namely, in the system ​= __ drivers​ (round your response to two decimal​ places).

For the lane with the proposed machine

The average time driver spends waiting to pay the toll ​= __ seconds​ (round your response to two decimal​ places).

The average time spent by a driver in the toll system​ (waiting and​ paying) ​= __ seconds​ (round your response to two decimal​ places).

The average number of drivers waiting in the line to pay the toll at a toll booth​= __ drivers​ (round your response to two decimal​ places).

The average number of drivers at any toll​ booth, namely, in the system drivers​ __ (round your response to two decimal​ places).

As a result of proposed​ change, the average time spent per driver waiting in the line to pay the toll increases by __ (round your response to the nearest whole​ number).

As a result of proposed​ change, the average time spent per driver in the toll system increases by __ (round your response to the nearest whole​ number).

As a result of proposed​ change, the average number of drivers waiting in the line to pay the toll increases by (round your response to the nearest whole​ number).

As a result of proposed​ change, the average number of drivers at any toll booth increases by​ (round your response to the nearest whole​ number).

Solutions

Expert Solution


Related Solutions

A city has built a bridge over a river and it decides to charge a toll...
A city has built a bridge over a river and it decides to charge a toll to everyone who crosses. For one year, the city charges a variety of different tolls and records information on how many drivers cross the bridge. The city thus gathers information about elasticity of demand. If the city wishes to raise as much revenue as possible from the tolls, where will the city decide to charge a toll: in the inelastic portion of the demand...
New Orleans Shipping. If the share price of​ Emaline, a New​ Orleans-based shipping​ firm, rises from...
New Orleans Shipping. If the share price of​ Emaline, a New​ Orleans-based shipping​ firm, rises from $12.13 to $15.96 over a​ one-year period, calculate the rate of return to the shareholder given each of the​ following: a. The company paid no dividends. b. The company paid a dividend of $1.01 per share. c. The company paid the dividend and the total return to the shareholder is separated into the dividend yield and the capital gain.
The Delaware River Joint Toll Bridge Commission increased the tool on the bridges on Route 22...
The Delaware River Joint Toll Bridge Commission increased the tool on the bridges on Route 22 and Interstate 78 from New Jersey to Pennsylvania from $0.50 to $0.75 in December. In November, the Route 22 bridge had 519,337 crossings and the Interstate 78 bridge had 728,002. Suppose that the price elasticity of demand for the Route 22 bridge was .2696 and that for the Interstate 78 bridge was 1.556. (Assume nothing other than the toll change occurred during the months...
When crossing the Golden Gate Bridge, traveling into San Francisco, all drivers must pay a toll....
When crossing the Golden Gate Bridge, traveling into San Francisco, all drivers must pay a toll. Suppose the amount of time (in minutes) drivers wait in line to pay the toll follows an exponential distribution with a probability density function of f(x) = 0.49e−0.49x. a. What is the mean waiting time that drivers face when entering San Francisco via the Golden Gate Bridge? (Round your answer to 2 decimal places.) b. What is the probability that a driver spends more...
When crossing the Golden Gate Bridge, traveling into San Francisco, all drivers must pay a toll....
When crossing the Golden Gate Bridge, traveling into San Francisco, all drivers must pay a toll. Suppose the amount of time (in minutes) drivers wait in line to pay the toll follows an exponential distribution with a probability density function of f(x) = 0.35e−0.35x. a. What is the mean waiting time that drivers face when entering San Francisco via the Golden Gate Bridge? (Round your answer to 2 decimal places.) b. What is the probability that a driver spends more...
Iron Bridge offers the "Ten-Mile" rummage sale along route 322 to Runnymede on Saturday March 11th....
Iron Bridge offers the "Ten-Mile" rummage sale along route 322 to Runnymede on Saturday March 11th. Consumers who go to the sale will spend $60 each with 200 shoppers per mile in total over the length of the sale. They will incur an expense of $2 per mile one-way to travel to get yard goods. Shoppers are evenly distributed along the route and travel to the nearest booth. Vendors pay a $300 fee to participate in the sale and forego...
A survey of a sample of 26 hotels in New Orleans found that the average hotel...
A survey of a sample of 26 hotels in New Orleans found that the average hotel room rate s $88.42 with a standard deviation of $5.62 and another survey of 25 hotels in the Phoenix area found that the average room rate is $80.61. Assume with a standard deviation of $4.83. At α =  0.05, can it be concluded that there is a significant difference in the rates? Source: USA TODAY. Make sure to state Ho, H1 and where the claim...
In this discussion, you are the IT manager for a four-year university in New Orleans, Louisiana....
In this discussion, you are the IT manager for a four-year university in New Orleans, Louisiana. The IT department supports the computer network requirements for over 6,000 students, 300 faculty members, and 200 staff members – plus a conference network for distinguished guests. See Exploration 2 for tips on how to complete this discussion. Instructions In your initial response, address the following points: Describe the major areas that you need to include in your Emergency Action Plan and why they...
. A prestressed road bridge of span 16 + 0.01 (35× 2) m consists of a...
. A prestressed road bridge of span 16 + 0.01 (35× 2) m consists of a concrete slab of 420 mm thick with parallel post-tensioned cables, in each of which the force at transfer is 440 kN. If the bridge is required to support a uniformly distributed applied load of 38 + 0.01 (135) kN/m , with tensile stress in the concrete not exceeding 0.85 N/mm2 at any time. Calculate the maximum horizontal spacing of the cables, their distance from...
In 2011, New Orleans, Louisiana experienced an aggressive recession as compared to the rest of country....
In 2011, New Orleans, Louisiana experienced an aggressive recession as compared to the rest of country. With unemployment rates topping 15%, the city was faced with many challenges financially, economically, and socially. In addition to the financial challenges, the city was also experiencing political instability and corruption. Various major city officials were being investigated for fraud, bribery, and other criminal charges. Spark Electric, operating as a natural monopoly, was the only company in the area providing electric services to New...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT