Question: QUESTION 1 A single Automated Teller Machine (ATM) is located on the ground floor of a popular shopping mall. Service time at this machine is

QUESTION 1 A single Automated Teller Machine

QUESTION 1 A single Automated Teller Machine (ATM) is located on the ground floor of a popular shopping mall. Service time at this machine is exponentially distributed. On average, the ATM machine can serve a customer in 3 minutes. Customer arrivals at the machine are Poisson distributed, with an average of 12 customers an hour. Relevant formulas to analyze this M/M/1 model are available in your textbook. What is the probability that this machine is being used? O a. 40% O b. 80% O c. 0% O d. 60% O e. 20%

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!