Length would be 42 meters and width would be 28 meters.
Answer and explanation:
Find attached
Both customers' arrival and service times follow exponential distribution. We have calculated the essential operating characteristics of this queuing system
Answer:
$7120 or $7565 is the minimum average premium they should charge per policy holder
Step-by-step explanation:
Small business can charge 80-85% of the total value of the policy as premium.
In this case the spending per policy holder is $8900
Hence, per policy holder has to pay a premium of
80-85% of $8900
$7120 or $7565 is the minimum average premium they should charge per policy holder
40√3+432/7 is the answer
Hope this helps :D
