Failsafe Textiles employs three highly skilled maintenanceworkers who are responsible for repairing the numerous in-dustrial robots used in its manufacturing process. A workercan fix one robot every 8 hours on average, with an exponen-tial distribution. An average of one robot fails every 3 hours,according to a Poisson distribution. Each down robot coststhe company $100.00 per hour in lost production. A newmaintenance worker costs the company $80.00 per hour insalary, benefits, and equipment. Should the manager hireany new personnel? If so, how many people? What would yourecommend to the manager, based on your analysis?
Failsafe Textiles employs three highly skilled maintenanceworkers who are responsible for repairing the numerous in-dustrial robots used in its manufacturing process. A workercan fix one robot every 8 hours on average, with an exponen-tial distribution. An average of one robot fails every 3 hours,according to a Poisson distribution. Each down robot coststhe company $100.00 per hour in lost production. A newmaintenance worker costs the company $80.00 per hour insalary, benefits, and equipment. Should the manager hireany new personnel? If so, how many people? What would yourecommend to the manager, based on your analysis?
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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Failsafe Textiles employs three highly skilled maintenance
workers who are responsible for repairing the numerous in-
dustrial robots used in its manufacturing process. A worker
can fix one robot every 8 hours on average, with an exponen-
tial distribution. An average of one robot fails every 3 hours,
according to a Poisson distribution. Each down robot costs
the company $100.00 per hour in lost production. A new
maintenance worker costs the company $80.00 per hour in
salary, benefits, and equipment. Should the manager hire
any new personnel? If so, how many people? What would you
recommend to the manager, based on your analysis?
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