RideShare offers short-term rentals of vehicles that are kept insmall lots in urban neighborhoods with plenty of potentialcustomers. With one lot, it has eight cars. The interarrival timeof potential demand for this lot from its base of customers is 40minutes. The average rental period is five hours. If a customerchecks availability of vehicles in this lot online and finds thatthey are all rented for the desired time, the customer skipsrenting and finds alternative arrangements. However, becausecustomers pay a monthly fee to subscribe to this service, RideSharedoes not want customers to be disappointed too often.
b. What is the implied utilization?
- A. 0.87
- B. 0
- C. 0.54
- D. 0.94
c. What is the capacity of the process (rentals per hour)?
d. What is the probability that all eight cars are rented at thesame time?
- A. 0.207
- B. 0.107
- C. 0.307
- D. 0.407
