Question: #1 a-e show all work please Part II. Problems. Please show all your calculations for every problem. 1. (17 points) A young entrepreneur wants to
#1 a-e show all work please
Part II. Problems. Please show all your calculations for every problem. 1. (17 points) A young entrepreneur wants to set up a lemonade stand at a busy intersection Customers arrive at a rate of 40 per hour according to a Poisson distribution. Customers will be served at the average rate of 60 per hour with exponential service times. a. (3 points) What is the utilization rate of the entrepreneur? b. (3 points) What is the average number of customers in the system? c. (3 points) What is the average number of customers in the waiting line? d. (3 points) What is the average time in minutes) a customer spends in the system? e. (5 points) What is the probability of having more than 2 customers in the system
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