Data collected at a parking lot indicate that a total of 300 cars park between 8 a.m. and 5 p.m. 5% of these cars are parked for an average of 2 hr, 20% for an average of 3 hr, 10% for an average of 4 hr, and the remaining cars are parked for an average of 9 hr. Determine the space-hours of demand at the lot.
What will be an ideal response?
Use Equation 4.16: D = (0.05)(300)(2) + (0.20)(300)(3) + (0.10)(300)(4) + (0.65)(300)(9)
D = 2,085 space-hours
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