Section E (Questions 15 ~ 18): A Ridepool driver has a car for a total capacity of 3 passengers and Ridepool customers send requests in a group of 1 or 2 passengers. Assume that this is the only Ridepool driver available in the area. To analyze the performance of her business, the driver models it as a CTMC with X(t) = (n1, n2) where n1 = the number of requests of a group size 1 that are accepted and currently being served and n2 =the number of requests of a group size 2 that are accepted and currently being served. Then its rate diagram is given below: All rates in the diagram are hourly rates. The stationary distribution of the CTMC is given below:
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You are conducting a test marketing study in Tulsa, Oklahoma…
You are conducting a test marketing study in Tulsa, Oklahoma when your competitor introduces a 15% price cut in order to blunt the effects of your study. A _____ effect has occurred during your test marketing study.
Now suppose that the arrival of Ride-X requests can be model…
Now suppose that the arrival of Ride-X requests can be modeled as a non-homogeneous Poisson process. The arrival rate from 8 am to 5 pm is studied for many days. The following graph shows hourly arrival rates from 8 am to 5 pm. We want to find the probability that the company receives less than 5 Ride-X requests from 8 am to 5 pm and the probability is
Give the values of (i), (ii), and (iii) in the generator mat…
Give the values of (i), (ii), and (iii) in the generator matrix. (i) = [a]; (ii) = [b]; (iii) = [c].
Calculate the utilization of a server at station A.
Calculate the utilization of a server at station A.
Using the stationary distribution, calculate the long-run av…
Using the stationary distribution, calculate the long-run average number of passengers (not requests) in the car.
_____ is the process of describing some property of a phenom…
_____ is the process of describing some property of a phenomenon, usually by assigning numbers, in a reliable and valid way.
If the observer or mechanical device used to record is obvio…
If the observer or mechanical device used to record is obvious to the subjects, the observation is said to be _____.
When a researcher claims that the results of a test market i…
When a researcher claims that the results of a test market in Atlanta, Georgia will hold in a national rollout of the new product, the researcher is claiming _____.
11. One of the components of the managerial function of pla…
11. One of the components of the managerial function of planning is developing a strategic plan for the organization. This is the responsibility of the: