Miami Beach Medical Clinic (MBMC) has about 17.5 patients arriving per hour on average.  MBMC serves about 20 patients per hour on average. Also, MBMC does NOT follow the traditional M/M/1 model. A patient arriving at this facility is expected to have one of the following wait times of (0 or 1 or 4 or 6 or 8 minutes) in the queue before being served. The probabilities associated with these wait times in the queue are 0.3, 0.2, 0.3, 0.1, and 0.1 respectively. The patient’s average wait time in queue is expected to be: a. 2.3 minutes b. 7.2 minutes c. 5.6 minutes d. 3.9 minutes e. 2.8 minutes

Q: Assume that the causes of a disease are 29% of the time associated with diet and 71% of the time…

A: Introduction to geometric distribution:Consider a random experiment involving n repeated independent…

Q: Consider you go to a COVID vaccination centre to get yourself vaccinated. Let the random variable X…

A: We have given exponential distribution and we have to find cdf and it's graph.

Q: The manufacture of a fertilizer guarantees that , with the aid of the fertilizer, 80% of the planted…

A: We have to find given probability..

Q: The flow of traffic at certain street corners can sometimes be modeled as a sequence of Bernoulli…

A:

Q: Define the term stochastic models?

A: Stochastic modeling is a form of financial model that is used to help make investment decisions.…

Q: Our department seminar room is lit by 7 light bulbs, controlled by a single switch. A minimum of 3…

A:

Q: An automobile manufacturer is concerned about a fault in the braking mechanism of a particular…

A: a)Suppose a random variable x defines the number of cars per year that will experience the…

Q: Statistics and Probability In a M/M/1 model, the average number of customers in the system is 6, and…

A: Given information is ; Number of customers in the system (Ls)=6 Average waiting time in the queue…

Q: According to the previous statistics, there are three types of damage to a batch of goods in the…

A: The required probability can be found using Baye's formula,

Q: that you have two hard drives where you store your work for this class (one internal and one…

A: Solution

Q: magine performing a coin-flip experiment in which the coin is "loaded" in such a way that the…

A: If the probability of getting heads is twice greater than tails, then the probability of getting…

Q: A box contains 20 electric lamps of which 5 are defective. A man selects two lamps randomly and he…

A:

Q: Machines are sent to a repair shop where three mechanics work. The mechanics can repairmachines…

A: The objective of this question is to find the average time it will take to fix all the machines and…

Q: bability of rece

A: Given : The number of e-mails received by Johnny in a day is a random variable with a Poisson…

Q: Two anti-congestant drugs (A and B) are trialled on a group of 15 patients with chronic asthma.…

A:

Q: "two machines in a lightbulb factory are being inspected because quality control raised concerns.…

A: X~B6,0.3Y~B5,0.2

Q: What are the different Shortcomings of the linear probability model?

A:

Q: The lifetime of a lightbulb can be modeled with an exponential random variable with an expected…

A: Let X be the random variable representing the number of days of lifetime of a considered light bulb.…

Q: "Suppose that start-up companies in the area of biotechnology have probability 0.79 of becoming…

A: Here the given information is "Suppose that start-up companies in the area of biotechnology have…

Q: 1. (non-doctoral students only) Suppose a queueing system has two servers, an exponential…

A: Given: The mean arrival time A= . The mean service time S=. Then the customer arrived at 10 am.

Q: Out of two hundred fifty-six megabytes-memory of the android phone, there is a probability of one…

A: The Poisson distribution is used to calculate the probability of getting r number of…

Q: A Ticket counter has four (4) systems. The arrival rate of the machine is 3 per hour (Poisson…

A: “Since you have posted a question with multiple sub-parts, we will provide the solution only to the…

Q: We just had a massive trial of Vingonicus, I’m sure you saw the trial on the Probastream this…

A: Let C: Event that, "Vingonicus is guilty". A: Event that "Jacobi Mus is telling the truth that…

Q: The turnover growth of SMEs around the Unpad Jatinangor Sumedang campus during the first semester of…

A: Let us consider Jatinangor Sumedang campus as sample 1 and Dipati Ukur campus as sample 2.…

Q: An exam in Microeconomics has 40 multiple answer questions and each of them has 4 possible answers,…

A: Given:

Q: The device installed on board the aircraft operates in two modes: normal during cruising and…

A: Given: Let A be the cruising mode. P(A) = 0.80 Let B be the takeoff and landing mode P(B) = 0.20 Let…

Q: Find the expected value.

A: Let X denote the rush X = 80 with a probability of 0.35  and X = 60 with a probability of 0.65…

Q: "Mega Grocery (MG)" at Atwater operates six checkout counters, each serving its own waiting line. On…

A: The necessary condition for optimality:c1 ×Lq(c*) - Lq(c*-1) ≤-c3∇Lq(c*-1)…

Q: Assume Kyle wants to pass three of his required classes before Fall 2023. His scholarship  can cover…

A: Since Kyle needs to pass three required classes before Fall 2023 and his chance of passing any class…

Q: When one unit of pesticide is applied to a crop of tomatoes, there is a 50% chance that 50% of the…

A: The value of statistical life (VSL) is a measure used in economics to represent the value that…

Q: single server queuing system with a Poisson arrival rate and exponential service time has an average…

A: See the solution

Q: rse usage for Hertz. Round to 4 decimal places, as needed. Find the probability that Hertz has to…

A: a) Total number of cars  = 10 Booking Reservations = 11 Rented = 5 Probability of customer not…

Q: Since not all consumers show up for their reservations, a boat corporation always overbooks. Assume…

A: Since not all consumers show up for their reservations, a boat corporation always overbooks. Assume…

Q: but isn't the expectation alpha times beta rather than alpha divided by beta?

A: In this question, alpha is shape and beta is rate parameters.

Q: A microbiologist wants to better understand how a new vaccine can help patients develop immunity…

A: Let the success of the random experiment be defined as the event that a vaccinated patient will…

Q: 3. What is the probability of selecting a plain M&M candy, given that the candy is orange? 4. Are…

A: Given data:   Peanut  Crispy Plain  Row Totals Blue 5 5 3 13 Brown 5 9 4 18 Green 4 5 3 12…

Q: We know that Jenny has a 70% chance to be active in 2020, and the yearly retention rate is 90%…

A:

Q: The principle of redundancy is used when system reliability is improved through redundant or backup…

A: Given:Probability that alarrm clock fails a day = 0.191,We have two such clocks and we have to find…

Q: sample of water has a 10% chance of containing a organic pollutant Assume that the samples are…

A: Provided situation is, a sample of water has a 10% chance of containing a organic pollutant Assume…

Q: You manage a call center and your job is to make sure the employees aren’t slacking off when they…

A:

Inventory Management

The supply chain is crucial to a firm's operations as it manages the inflow and outflow of products that are manufactured from the initial stage to the end product. It also considers the raw materials needed at different stages of production and when the work is in progress. Inventory management functions consist of ordering, storing, and procuring the organization's inventory like raw materials, factors, and finished products. It's also used for controlling the number of products for trade and helps manage the organization's inventory and stock. Inventory Management has been defined as having the right inventory, of the right volume, at the right cost.