A truck is scheduled to arrive for a pick-up at location A at 1pm and then at location B at 2pm. Assume that the travel time from A to B is exactly 30 minutes, but the loading time at each location is exponential with half an hour average. Suppose that the loading process at location A has started on time and that the loading crew at location B is ready at exactly 2pm. What is the expected time until they will be available for another assignment?

A truck is scheduled to arrive for a pick-up at location A at 1pm and then at location B at 2pm. Assume that the travel time from A to B is exactly 30 minutes, but the loading time at each location is exponential with half an hour average. Suppose that the loading process at location A has started on time and that the loading crew at location B is ready at exactly 2pm. What is the expected time until they will be available for another assignment?

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter9: Applications Of Cost Theory

Section: Chapter Questions

Problem 2.1CE

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