Question: nj O failures: - 0! P(X21) = 1 - P(X= 0) = = 1 = 1 - - = 1-0.970446 = 0.029554 c P(at least

nj O failures: - 0! P(X21) = 1 - P(X= 0) = = 1 =

nj

O failures: - 0! P(X21) = 1 - P(X= 0) = = 1 = 1 - - = 1-0.970446 = 0.029554 c P(at least two failures in a 3-day period ) = P(X2 211 = 0.09), where the average over a 3-day period is A = 3(0.03 ) = 0.09 P( X = 2A = 0.09 ) = 1- P( X = 1) = 1- [P( X = 0) + P( X = )) = 1 - (0.913931 +0.082254 and, thus, P(X 2 2 4 = 0.09) = 1 - 0.996185 = 0.003815 The Poisson distribution has been found to be particularly useful in waiting line, or queuing problems. These important applications include the probability of various num- bers of customers waiting for a phone line or waiting to check out of a large retail store. These queuing problems are an important management issue for firms that draw custom ers from large populations. If the queue becomes too long, customers might quit the line or might not return for a future shopping visit. If a store has too many checkout lines, then there will be personnel idle waiting for customers, resulting in lower productivity By knowing the probability of various numbers of customers in the line, management can balance the trade-off between long lines and idle customer service associates. In this way the firm can implement its strategy for the desired customer service level-shorter wait times imply higher customer-service levels but have a cost of more idle time for checkout workers. 35 Example 4.11 Customers at a Photocopying Machine (Poisson Probability) Customers arrive at a photocopying machine at an average rate of 2 every five minutes. Assume that these arrivals are independent, with a constant arrival rate, and that this problem follows a Poisson model, with X denoting the number of arriving customers in a 5-minute period and mean A = 2. Find the probability that more than two custom- ers arrive in a 5-minute period

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!