A small bank is trying to determine how many tellers to employ. The total cost of employing a teller is $100 per day, and a teller can serve an average of 60 customers per day. On average, 50 customers arrive per day at the bank, and both service times and interarrival times are exponentially distributes. If the delay cost per customer day is $100, how many tellers should the bank hire?

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16 Nov 2023 susan

A small bank is trying to determine how many tellers to employ. The total cost of employing a teller is $100 per day, and a teller can serve an average of 60 customers per day. On average, 50 customers arrive per day at the bank, and both service times and interarrival times are exponentially distributes. If the delay cost per customer day is $100, how many tellers should the bank hire?

A small bank is trying to determine how many tellers to employ. The total cost of employing a teller is $100 per day, and a teller can serve an average of 60 customers per day. On average, 50 customers arrive per day at the bank, and both service times and interarrival times are exponentially distributes. If the delay cost per customer day is $100, how many tellers should the bank hire?