Circle Electric Supply is considering opening a second service counter to better serve their electrical contractor customers. The arrival rate is 11 per hour. The service rate is 16 per hour. If the cost of waiting is $31 and the cost of each service counter is $23 per hour, should the second counter be opened? (Give your numerical values in dollars per hour. Round your answers to two decimal places.) With one counter, the cost per hour is $ . With two counters, the cost per hour is $ . The second counter ---Select--- should should not be opened.
Circle Electric Supply is considering opening a second service counter to better serve their electrical contractor customers. The arrival rate is 11 per hour. The service rate is 16 per hour. If the cost of waiting is $31 and the cost of each service counter is $23 per hour, should the second counter be opened? (Give your numerical values in dollars per hour. Round your answers to two decimal places.) With one counter, the cost per hour is $ . With two counters, the cost per hour is $ . The second counter ---Select--- should should not be opened.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Circle Electric Supply is considering opening a second service counter to better serve their electrical contractor customers. The arrival rate is 11 per hour. The service rate is 16 per hour. If the cost of waiting is $31 and the cost of each service counter is $23 per hour, should the second counter be opened? (Give your numerical values in dollars per hour. Round your answers to two decimal places.)
With one counter, the cost per hour is $ . With two counters, the cost per hour is $ . The second counter ---Select--- should should not be opened.
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