Solved

Refer to the Bank Process Model

Question 40

Essay

Refer to the bank process model. The Marketing Department for the bank has decided to run a special promotion for new customers that will increase the number of customers arriving at the bank. The new arrival rate is expected to be an average time between arrivals of 2.0 minutes instead of the current average time between arrivals of 2.5 minutes. With the potential increase in business, the bank manager is concerned about the number of customers who will arrive and leave because the line is full (with 6 customers) and the average wait time in line at the bank. All other parameters of the model remain the same. Using SimQuick, estimate the new arrive and immediately leave rate and average time in line. Should the manager be concerned?

Correct Answer:

verifed

Verified

In the SimQuick model used for the bank ...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions