Question: Mandy operates a coffee stand. Customers arrive randomly at a mean rate of 2 0 per hour. The time needed by Craig to serve a
Mandy operates a coffee stand. Customers arrive randomly at a mean rate of per hour. The time needed by Craig to serve a customer has an exponential distribution with a mean of seconds.
Create an Excel model of this situation to help you answer the following questions:
What is the utilization of the system?
What are the value ofL Lq W and Wq
What is the probability that exactly people are waiting in the system?
What is the probability that less than people are waiting in the system?
If each the cost of waiting is determined to be $ per hour since customers will just leave if they wait too long and servers cost $ each, what is the optimal number of servers based on economic analysis?
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