Suppose that an office has one secretary who can put up to two callers on hold while
Question:
Suppose that an office has one secretary who can put up to two callers on hold while speaking to a third caller. (If two callers are on hold, additional callers will get a busy signal and will not call back.) If the arrival rate of calls follows a Poisson distribution with a mean rate of 20 per hour and the average length of a telephone conversation is 2 minutes, the average number of callers who will be on hold is approximately:
a. 2.0000
b. 1.3333
c. 1.0154
d. 0.4308
e. None of the above
DistributionThe word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Quantitative Methods for Business
ISBN: 978-0840062345
12th edition
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Cam
Question Posted: