Question: Data collected at a parking lot indicate that a total of 3 2 0 cars park between 8 a . m . and 6 p

Data collected at a parking lot indicate that a total of 320 cars park between 8a.m. and 6p.m.
10% of these cars are parked for an average of 1hr,36% for an average of 3hrs, and the
remaining cars are parked for an average of 8hrs. Determine the following: a) the space-hours
of demand at the lot, b) the number of parking bays in the parking lot if 16% of the parking bays
are vacant on average (assuming an efficiency factor of 0.85), and c) the number of additional
parking bays that will be required if the owner of the parking lot is planning an expansion of the
lot to provide adequate demand for the following 5 years (assuming that parking demand for all
categories will increase by 5.4% per year).
Data collected at a parking lot indicate that a

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