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*************excel formula for this questions************************How to find part C of this question??? RentAPhone is a new service company that provides European mobile phones to American visitors to Europe. The company currently has 80 phones available at Charles de Gaulle Airport in Paris. There are, on average, 25 customers per day requesting a phone. These requests arrive uniformly throughout the 24 hours the store is open. The corresponding coefficient of variation is 1. Customers keep their phones on average 72 hours. The standard deviation of this time is 100 hours.
a. What is the average number of telephones the company has in its store?
b. How many customers, on average, are waiting for the phone?
c. What is the average waiting time per customer if the company decides to limit all rentals to exactly 72 hours? Assume that if such a restriction is imposed, the number of customers requesting a phone would be reduced to 20 customers per day (everything else is kept the same as before).Inputs for part a and b Inputs for part c
a=0.96 hr a=0.96 hr
p=72 hr p=72 hr
CVa=1 CVa=1
CVp=1.39 Average time a customer keeps the phone CVp=1.39
m=80 m=80
Utilization=94% Utilization=93.75%
Tq= hours Tq= hours
Service factor 0.900 formula given Service factor 0.900 formula given
Utilization factor 7.506 formula given Utilization factor 7.506 formula given
Varability factor 1.465 formula given Varability factor 1.465 formula given
# of Phones unused 7575
#Phone are avaliable 55*******EXCEL FORMULA ********
 *************excel formula for this questions************************How to find part C of this

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