HP (Hewlett-Packard) HP-12C Calculator User Manual


 
163
Queuing and Waiting Theory
n = number of servers.
λ = arrival rate of customers (Poisson input).
µ = service rate for each server (exponential service).
ρ = Intensity factor = λ / µ (ρ, n for valid results).
P
0
= Probability that all servers are idle.
P
b
= Probability that all servers are busy.
L
q
= Average number of customers in queue.
L = Average number of customers in the system (waiting and being
served).
T
q
= Average waiting time in queue.
T = Average total time through the sytem.
P(t) = Probability of waiting longer than time t.
P(t) = P
b
e
-(n
µ - λ
)t
Graduated Payment Mortgage
P
0
ρ
k
k!
-----
k0=
n1
ρ
n
n! 1
ρ
n
---


------------------------+
1
=
P
b
ρ
n
P
0
n! 1
ρ
n
---


------------------------=
L
q
ρ
P
b
n
ρ
------------=
LL
q
ρ
+=
T
q
L
q
λ
------=
T = L / λ