Question

In: Statistics and Probability

The new Fore and Aft Marina is to be located on the Ohio River near Madison,...

The new Fore and Aft Marina is to be located on the Ohio River near Madison, Indiana. Assume that Fore and Aft decides to build a docking facility where one boat at a time can stop for gas and servicing. Assume that arrivals follow a Poisson probability distribution, with an arrival rate of 4 boats per hour, and that service times follow an exponential probability distribution, with a service rate of 8 boats per hour. The manager of the Fore and Aft Marina wants to investigate the possibility of enlarging the docking facility so that two boats can stop for gas and servicing simultaneously.

Note: Use P0 values from Table 11.4 to answer the questions below.

  1. What is the probability that the boat dock will be idle? Round your answer to four decimal places.

    P0 =  
  2. What is the average number of boats that will be waiting for service? Round your answer to four decimal places.

    Lq =  
  3. What is the average time a boat will spend waiting for service? Round your answer to four decimal places.

    Wq =  hours
  4. What is the average time a boat will spend at the dock? Round your answer to four decimal places.

    W =  hours
  5. If you were the manager of Fore and Aft Marina, would you be satisfied with the service level your system will be providing?

    Yes  

    Why or why not? Round your answers to whole numbers.

    Because the average wait time is  seconds. Each channel is idle  % of the time.

Solutions

Expert Solution

Arrival rate ( λ ) = 4 boats per hour.

Service rate ( μ ) = 8 boats per hour.

a. The boat dock will be idle if there is no boat at the dock.

P( 0 boats at the dock) =

P (0) = 1 - ρ ( where ρ is utilization rate)

= 1 - ( λ / μ )

= 1 - ( 4/8)

= 0.5

Therefore P0 = 0.5

b. Average number of boats waiting for service =

Lq =

=

= 0.5

Therefore the average number of boats that will be waiting for service ( Lq ) = 0.5

c. The average waiting time

Wq =  

=

= 0.125 hours

Therefore the average time a boat will spend waiting for service ( Wq ) = 0.125

d. The average waiting time for a boat at the dock

Ws =  

=

= 0.25 hours

Therefore the average waiting time for a boat at the dock ( Ws ) = 0.25 hours

e. Yes, I would be satisfied with the service.

Because average waiting time is 0.25 hours that is 900 seconds.

Each channel is idle 50% of the time.


Related Solutions

The new Fore and AftMarina is to be located on the Ohio River near Madison,...
The new Fore and Aft Marina is to be located on the Ohio River near Madison, Indiana. Assume that Fore and Aft decides to build a docking facility where one boat at a time can stop for gas and servicing. Assume that arrivals follow a Poisson probability distribution, with an arrival rate of 8 boats per hour, and that service times follow an exponential probability distribution, with a service rate of 10 boats per hour. The manager of the Fore...
Located near a national park on the Yarra River, Colbee Hotel was built in 1915 by...
Located near a national park on the Yarra River, Colbee Hotel was built in 1915 by the Top End Railway. In an effort to supplement its lodging revenue, the hotel decided in 2012 to begin manufacturing and selling small wooden canoes decorated with symbols hand-painted by local indigenous Australians. Due to the great success of the canoes, the hotel began manufacturing and selling paddles as well in 2015. Many hotel guests purchase a canoe and paddles for use in self-guided...
The city of Imaginopolis, which is located near White River, has an elaborate system of levees...
The city of Imaginopolis, which is located near White River, has an elaborate system of levees to protect the city from flooding during high-water events. The levees were built over 50 years ago and many of them are showing signs of structural distress. Using a systems perspective, how would you draw up a program to rehabilitate the levee system under budgetary constraints over a 5-year period?
ABC Manufacturing Company will invest in a stamping plant in Madison Ohio. The plant requires an...
ABC Manufacturing Company will invest in a stamping plant in Madison Ohio. The plant requires an initial outlay of $100,000,000. Net cash inflows from the project are expected to be $40,000,000 for the first year, $35,000,000 for year 2 and 3, and $15,000,000 for years 4 through 10, at which time the stamping plant will be sold for scrap for $10,000,000. If the stamping plant's cost of capital is 10%: 9 WhatistheprojectsNPV(closestanswer) 52,500,000 51,200,000 50,300,000 d 50,000,000 10 What is...
You own a house worth $400,000 that is located on a river. If the river floods...
You own a house worth $400,000 that is located on a river. If the river floods moderately, the house will be completely destroyed. This happens once every 50 years. If you build a seawall, the river would have to flood heavily to destroy your house, which happens once every 200 years. What would be the annual premium for an insurance policy that offers full insurnace? For a policy that pays only 75% of the home value, what are your expected...
The oil company located near Germany wants to install a new pipeline to connect a storage...
The oil company located near Germany wants to install a new pipeline to connect a storage tank to an existing pump 1,000 feet away. Three possible diameters are being considered to make the pipeline, the related costs of which are presented below: The company is presumed to apply a 10% interest rate on its projects. Both maintenance and the annual cost of pumping are considered as expenses that occur at the end of the year (conventional flows). For what number...
The port of South Louisiana, located along 54 miles of the Mississippi River between New Orleans...
The port of South Louisiana, located along 54 miles of the Mississippi River between New Orleans and Baton Rouge, is the largest bulk cargo port in the world. The U.S. Army Corps of Engineers reports that the port handles a mean of 4.5 million tons of cargo per week.† Assume that the number of tons of cargo handled per week is normally distributed with a standard deviation of 0.89 million tons. (a) What is the probability that the port handles...
The port of South Louisiana, located along 54 miles of the Mississippi River between New Orleans...
The port of South Louisiana, located along 54 miles of the Mississippi River between New Orleans and Baton Rouge, is the largest bulk cargo port in the world. The U.S. Army Corps of Engineers reports that the port handles a mean of 4.5 million tons of cargo per week (USA Today, September 25, 2012). Assume that the number of tons of cargo handled per week is normally distributed with a standard deviation of .82 million tons. a. What is the...
Who gained control of the Ohio River Valley following the French and Indian War?
Who gained control of the Ohio River Valley following the French and Indian War?
Add a new product: Mac’s juice center, located near the university, serves as a gathering place...
Add a new product: Mac’s juice center, located near the university, serves as a gathering place for the university’s students. It sells orange juice at a contribution of $0.60 per bottle. Mac is considering selling sandwiches. He analyzed the following costs of adding sandwiches: Per month Per Sandwich Monthly fixed costs: Variable expenses: Wages of cook $ 1,200 Bread $0.20 Other $   300 Vegetables $0.60 Total $ 1,500 Total $0.80 Mac planned a selling price of $1.20 per sandwich to...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT