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Question 9 (1 point) A bank with a single queue to move customers to several tellers...
QUESTION 8 Oakland post office uses a multiple channel queue, where customers wait in a single...
QUESTION 8 Oakland post office uses a multiple channel queue, where customers wait in a single line for the first available window. The average service time is 1 minute per cust, and the arrival rate is 1.4 cust. per minute, and # of channels, S-2 True/False PO Probability zero customers in the system between 0.17 and 0.18 True False
Many customers like to do their banking in person. to decide staffing needs (tellers), one bank...
Many customers like to do their banking in person. to decide staffing needs (tellers), one bank branch tracks the number of customrs whoe bank face-to-face over the course of its normal banking hours, from 9am to 6pm, a period of 9 hours total. the customer visits by times of the working day are given by the following frequesncy counts: Time 910am 10-11am 11-1pm 1-3pm 3-6pm customers 30 12 50 20 50 test the hypothesis that the bank customers are distributed...
Subject: Broadband Networks. 4. A bank has 4 tellers with different service rates, i.e., teller 1...
Subject: Broadband Networks.
4. A bank has 4 tellers with different service rates, i.e., teller 1 averages 10 customers/hour, teller 2 averages 15 customers/hour, teller 3 averages 12 customers/hour, and teller 4 averages 10 customers/hour (all with exponential service times). Assume that there are 20 seats in the lobby, and any customer arriving to a fully-occupied lobby leaves. a. If the system is modeled as a Markov chain, what is the total number of states? b. What is the average...
Question 9 (1 point) For channel members, an independent channel arrangement is likely to be less...
Question 9 (1 point) For channel members, an independent channel arrangement is likely to be less restrictive in what members can do compared to a dependent channel arrangement. True False
TOTAL POINTS: 5 points Problem 1. True or False Question (1 point, 0.25 points for each sub-quest...
TOTAL POINTS: 5 points Problem 1. True or False Question (1 point, 0.25 points for each sub-question) (a) In a single-server queue system, utilization affects the average waiting time ina proportionally. For example, if utilization increases by 10%, the average waiting time will also increase by 10%. True False If you choose False, please indicate which part of the statement is wrong and how to correct the statement: (b) The off-peak pricing approach, like happy hour, is an approach to...
WestEast Bank is a busy metropolitan bank open to customers from 9:00 am to 4:00 pm...
WestEast Bank is a busy metropolitan bank open to customers from 9:00 am to 4:00 pm each day. It employs both full-time and part-time tellers. Full-timers work 8 hours/day, from 8:00 am to 5:00 pm, with a 1-hour lunch period beginning at either 11:00 am or 12:00 noon. Part-timers work 4 hours/day with no lunch break. Part-timers report for work at the beginning of the hour for the period they are hired. Full-time tellers earn P1,000 for an 8-hour workday,...
Question 1 (1 point) Generally, channel objectives are formulated on the basis of the needs of...
Question 1 (1 point) Generally, channel objectives are formulated on the basis of the needs of customers and the organization. Question 1 options: True False Question 2 (1 point) This is a profit-oriented objective and used during pricing in order to make a specific amount of profit for a specific purpose. Question 2 options: Profit Maximization Meeting Competition Target Return Break Even Pricing Question 3 (1 point) In this strategy, the price of a product is reduced to attract customers....
Question 4 (1 point) An optimal distribution system means a marketer is offering its customers the...
Question 4 (1 point) An optimal distribution system means a marketer is offering its customers the best possible distribution service that is available for shipping products. True False
Question 5 (1 point) The multiple regression model includes several dependent variables. True False Question 6...
Question 5 (1 point) The multiple regression model includes several dependent variables. True False Question 6 (1 point) Dummy variables for regression analysis can take on a value of either -1 or +1. True False Question 7 (1 point) The several criteria (maximax, maximin, equally likely, criterion of realism, minimax regret) used for decision making under uncertainty may lead to the choice of different alternatives. True False Question 8 (1 point)
Problem 1 Given the data below for a single-server single-queue system, find the following performance measures....
Problem 1 Given the data below for a single-server single-queue system, find the following performance measures. Customer Arrival Time Service Time (min) Time Customer Waits in Queue (min) Time Customer spends in System (min) Idle Time of Server (min) 04 0) Average Waiting Time (11) Probability of a customer to be waiting (i.e., number of waiting customers over total number of customers) (II) Probability of idle server (i.e., proportion of idle time over total running time) (iv) Average Service Time...
QUESTION 8 Oakland post office uses a multiple channel queue, where customers wait in a single line for the first available window. The average service time is 1 minute per cust, and the arrival rate is 1.4 cust. per minute, and # of channels, S-2 True/False PO Probability zero customers in the system between 0.17 and 0.18 True False
Subject: Broadband Networks.
4. A bank has 4 tellers with different service rates, i.e., teller 1 averages 10 customers/hour, teller 2 averages 15 customers/hour, teller 3 averages 12 customers/hour, and teller 4 averages 10 customers/hour (all with exponential service times). Assume that there are 20 seats in the lobby, and any customer arriving to a fully-occupied lobby leaves. a. If the system is modeled as a Markov chain, what is the total number of states? b. What is the average...
Question 9 (1 point) For channel members, an independent channel arrangement is likely to be less restrictive in what members can do compared to a dependent channel arrangement. True False
TOTAL POINTS: 5 points Problem 1. True or False Question (1 point, 0.25 points for each sub-question) (a) In a single-server queue system, utilization affects the average waiting time ina proportionally. For example, if utilization increases by 10%, the average waiting time will also increase by 10%. True False If you choose False, please indicate which part of the statement is wrong and how to correct the statement: (b) The off-peak pricing approach, like happy hour, is an approach to...
Question 4 (1 point) An optimal distribution system means a marketer is offering its customers the best possible distribution service that is available for shipping products. True False
Question 5 (1 point) The multiple regression model includes several dependent variables. True False Question 6 (1 point) Dummy variables for regression analysis can take on a value of either -1 or +1. True False Question 7 (1 point) The several criteria (maximax, maximin, equally likely, criterion of realism, minimax regret) used for decision making under uncertainty may lead to the choice of different alternatives. True False Question 8 (1 point)
Problem 1 Given the data below for a single-server single-queue system, find the following performance measures. Customer Arrival Time Service Time (min) Time Customer Waits in Queue (min) Time Customer spends in System (min) Idle Time of Server (min) 04 0) Average Waiting Time (11) Probability of a customer to be waiting (i.e., number of waiting customers over total number of customers) (II) Probability of idle server (i.e., proportion of idle time over total running time) (iv) Average Service Time...
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