You are manager of a ticket agency that sells concert tickets. You assume that people will call 4 times in an attempt to buy tickets and the

Question

You are manager of a ticket agency that sells concert tickets. You assume that people will call 4 times in an attempt to buy tickets and then give up. Each telephone ticket agent is available to receive a call with probability 0.1. If all agents are busy when someone calls, the caller hears a busy signal. Find ????, the minimum number of agents that you have to hire to meet your goal of serving 98% of the customers calling to buy tickets.

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3 weeks 2022-01-03T08:15:48+00:00 1 Answer 0 views 0

Answers ( )

  1. Emma
    0
    2022-01-03T08:17:39+00:00

    Answer:

    10 Operators

    Step-by-step explanation:

    Given:

    – The probability that a call is received p = 0.1

    – Total number of tries till no call is received  = 4

    – Total number of operators required = n

    Find:

    The minimum number of agents that you have to hire to meet your goal of serving 98% of the customers calling to buy tickets.

    Solution:

    – We know that each caller is willing to make 4 attempts to get through. An attempt is  a failure if all n operators are busy, which occurs with probability:

                                          (1 – p)^n = q ( failure probability)

    – Assuming  call attempts are independent, a caller will suffer four failed attempts with probability:

                                         ( 1 – p )^4n = q^4

    – Now, we are given that we want to serve 98% of the customers. Hence, we have the tolerance of only 2% to fail per call. Hence, we can set an inequality as follows:

                                          ( 1 – p )^4n = q^4 < 0.02

    – Plug in the values and solve:

                                          ( 1 – 0.1 )^(4n) < 0.02

    Taking natural logs:

                                          4n*Ln(0.9) < Ln(0.02)

                                             n > 37.1298 / 4

                                              n > 9.28 ≈ 10

    Hence, the minimum number of operators should n = 10 to meet the quality standards.

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