Answer to Question #109096 in Statistics and Probability for Jigar

Question #109096
A warehouse has only one loading dock manned by a three persons team. Trucks arrive at the loading dock at an average of 4 trucks per hour and the arrival rate is Poisson distributed. The loading of a truck takes 10 minutes on an average and can be assumed to be exponentially distributed. The operation cost of a truck is Rs. 20 per hour and the members of the crew are paid Rs. 6 each per hour.
Arrival rate per hour *
1 point
Service rate per hour *
1 point
Expected no. of trucks in the system *
1 point
Cost of Operating *
1 point
Wages of 3 persons per hour *
1 point
Total cost *
1
Expert's answer
2020-04-14T17:48:41-0400
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