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ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.4 : A university is enrolling new students of biochemical engineering degree. A long queue is formed during registration. Let L = rate of newcomers to a queue, m = number of clients served at a certain time, T = time in system. In M / M / 1 queue, let T = time waiting in a queue + service time, L = 2 / second, m = 3 / second. (a) Find the service time, A = 1 / m. (b) Calculate time waiting in a queue, B = A (L / m) / (1 - L / m). (c) What is the value of T?

Answer Posted / kangchuentat

ACCOUNTING AND FINANCIAL ENGINEERING - ANSWER 34.4 : (a) A = 1 / m = 1 / 3 second. (b) B = A (L / m) / (1 - L / m) = (1 / 3) (2 / 3) / (1 - 2 / 3) = 2 / 3 second. (c) T = A + B = 1 / 3 + 2 / 3 = 1 second. The answer is given by Kang Chuen Tat; PO Box 6263, Dandenong, Victoria VIC 3175, Australia; SMS +61405421706; chuentat@hotmail.com; http://kangchuentat.wordpress.com.

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