The Krasnapolski is a top-of-the-line hotel in Amsterdam, the Netherlands. Among

Question

The Krasnapolski is a top-of-the-line hotel in Amsterdam, the Netherlands. Among their many services, they rent bicycles to guests who arrive randomly throughout the day. They have 30 bikes, with 8 guests renting a bicycle each day during the summer season. Guests keep bicycles for three days on average, with a standard deviation of three days. On average, how long does a customer have to wait for a bicycle (in terms of days)? Please provide a process flows diagram as well.

A) 80%

B) 3.11 days

C) 0.05 days

D) 0.11 days

Explanation / Answer

On an average a customer have to wait for a bicycle for 0.11 days. Because 30 bicycles are enough for 3.75 days. The guest that would be coming on the 4th day has to wait for 0.11 days.

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