Question: I am attempting to learn about the M/M/s queuing model for bank wait times. In the scenario I have an arrival rate of 10, service
I am attempting to learn about the M/M/s queuing model for bank wait times. In the scenario I have an arrival rate of 10, service rate of 15 and 6 servers. I'm having trouble understanding what my Server cost $/time and waiting cost$/time should be. Is this a pay rate for the servers?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
