Business, 17.03.2020 05:54, johnkings140

G You own a big rental car company in Indianapolis and maintain a fleet of 50 SUVs. Customers make their rental car reservations using an app before they arrive the location, and therefore, as long as a car is available in the lot they directly proceed to the car assigned them through the app for pick up. If all SUVs are rented, your customers are willing to wait until one is available. The average time between requests for an SUV is 2.5 hours, with a standard deviation of 2.5 hours. The arrival pattern remains to be consistent throughout the day (24 hrs). An SUV is rented, on average, for 4 days with a standard deviation of 1 day. a) At any given time, what is the average number of SUVs parked in your company’s lot? (Hint: you need to find the average number of SUVs rented and then subtract this number from the fleet size, i. e., 50. Make sure the time units match in your calculations.).

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G You own a big rental car company in Indianapolis and maintain a fleet of 50 SUVs. Customers make t...