Question: PLEASE SEND SOLUTIONS BY HAND ON PAPER!!!! Consider an electric scooter rental station in a bustling city center where both the scooters and potential renters

PLEASE SEND SOLUTIONS BY HAND ON PAPER!!!!
Consider an electric scooter rental station in a bustling city center where both the scooters
and potential renters arrive continuously throughout the day. The inter-arrival times of the scooters (for
charging or maintenance) and the customers (renters) are both exponential, with mean times of 0.33 and
1 minutes, respectively. The station has 4 docking ports where scooters can be parked while they await
renters. When all docking ports are full, any arriving scooters must leave without stopping. Similarly,
arriving customers who find no available scooters at the station will leave without renting.
a. Model this system as a CTMC by defining the state and the state space, and drawing the rate
diagram
b. Compute the steady state probabilities.
c. Determine the long-run probability that a customer leaves without renting a scooter.
d. Determine the long-run probability that there are at least two scooters at the rental station in the
long run.
e. Calculate the long-run probability that an arriving scooter has to leave because all docking ports
are occupied.
f. Determine the expected number of scooters at the rental station in the long run.
g. Consider an electric scooter rental station with varying operational costs depending on scooter
availability. The station incurs a fixed cost of $100 per hour when there are no scooters
available, due to potential lost revenue and customer dissatisfaction. Conversely, when scooters
are available, the station incurs a cost of $25 per scooter per hour, reflecting operational
expenses such as maintenance, electricity for charging, and space utilization. Calculate the
expected cost per hour in the long run for the scooter rental station.
 PLEASE SEND SOLUTIONS BY HAND ON PAPER!!!! Consider an electric scooter

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!