3.) M/M/2 Mean Arrival Rate: 20 customers/hour Mean Service Rate: 12 customers/hour Number of Servers: 2 Customer Waiting Cost $10/hour Assume an 8-hour day. Assume the customer waiting cost is based on time in the system. What is the daily cost of customer waiting?
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3.)
M/M/2 |
|
Mean Arrival Rate: |
20 customers/hour |
Mean Service Rate: |
12 customers/hour |
Number of Servers: |
2 |
Customer Waiting Cost |
$10/hour |
Assume an 8-hour day. Assume the customer waiting cost is based on time in the system. What is the daily cost of customer waiting?
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- Assuming an M/M/1 system setup with a service rate of 25 entities per hour and an idling ratioof 4% Define the system’s birth rate. Define at least two ways of arriving at the number of entities in the system. Define the ratio of the time an entity spends waiting and the time the entity spends in thesystem?A municipal solid-waste site for a city must be located at Site A or Site B. After sorting, some of the solid refuse will be transported to an electric powerplant where it will be used as fuel. Data for the hauling of refuse from each site to the power plant are shown in Table P2-4. If the power plant will pay $8.00 per cubic yard of sorted solid waste delivered to the plant, where should the solid-waste site be located? Use the city’s viewpoint and assume that 200,000 cubic yards of refuse will be hauled to the plant for one year only. One site must be selected.From the data given compute the contribution margin ratio for each of the products T and O. Letter Co. produces and sells two products, T and O. It manufactures these products in separate factories and markets them through different channels. They have no shared costs. This year, the company sold 50,000 units of each product. Sales and costs for each product follow.
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