MGT 455 WEEK 8 QUESTION D 9
Neve Commercial Bank is the only bank in the town
of York, Pennsylvania. On a typical Friday, an average of 10 customers
per hour arrive at the bank to transact business. There is
currently one teller at the bank, and the average time required to
transact business is 4 minutes. It is assumed that service times may
be described by the exponential distribution. If a single teller is
used, find:
a) The average ti
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MGT 455
31 Aug 2015