Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. statistics
  3. for the next 7 questions, please refer to the foll

For the next 7 questions, please refer to the following information. Mr. Cherry owns a gas station...

70.2K

Verified Solution

Question

Statistics

For the next 7 questions, please refer to the followinginformation.

Mr. Cherry owns a gas station on a highway in Vermont. In theafternoon hours, there are, on average, 30 cars per hour passing bythe gas station that would like to refuel. However, because thereare several other gas stations with similar prices on the highway,potential customers are not willing to wait—if they see that all ofthe pumps are occupied, they continue on down the road.
The gas station has three pumps that can be used for fuelingvehicles, and cars spend four minutes, on average, parked at a pump(filling up their tank, paying, etc.).

d. What is the probability that all three pumps are being usedby vehicles?

  • A. 0.1895
  • B. 0.1650
  • C. 0.1458
  • D. 0.2105

e. How many customers are served every hour?

  • A. 23.7
  • B. 25.6
  • C. 12.7
  • D. 16.7

f. What is the utilization of the pumps?

  • A. 0.63
  • B. 0.83
  • C. 0.53
  • D. 0.73

g. How many pumps should it have to ensure that it captures atleast 98 percent of the demand that drives by the station?

  • A. 6
  • B. 2
  • C. 4
  • D. 8

Answer & Explanation Solved by verified expert
3.7 Ratings (445 Votes)
    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

12 p An amazing phenomenon at the Amazon river mouth is Pororoca a gigantic tidal...

Finance
1.2K views

Describe two ways for a developer to raise equity (initial capital) for a development project. Explain the...

Operations Management
1.2K views

Instruction : Follow format MLA style to format the paper and cite sources. - Have three or...

Physics
1.2K views

A cue ball traveling at 5.67 m/s makes a glancing, elastic collision with a target ball...

Biology
1.2K views

One common fertility treatment for women is to take medications such as follicle-stimulating and luteinizing...

Basic Math
1.2K views

The process of identifying measuring analyzing and communicating financial information needed by management to plan...

Accounting
1.2K views

Match each of the following descriptions to the term (ag) it describes. ...

Accounting
1.2K views

Matt plans to start his own business once he graduates from college. He plans to...

Accounting
1.2K views

The sales value at split-off method allocates joint production costs based on each product's share...

Finance
1.2K views

Econometrics Thomas Eisensee and Stromberg wanted to measure how much news coverage of a foreign...

Accounting
1.2K views

Asset C3PO has a depreciable base of $18.15 million and a service life of 10...

Finance
1.2K views

Yesterday, you entered into a futures contract to sell SFr 120,000 at $1.7500 per SFr....