The arrival rate for a waiting-line system obeys Posson distribution with a mean of 0.5 unit per period. It is required that the probability of one or more units un the system not exceed 0.20. If the cost of waiting is $5.00 per unit period, and the service facility cost $2.50 per unit served, what is the total system cost? If the service rate is Doubled at a total cost of $3.50 per unit served what is the total system cost?
The arrival rate for a waiting-line system obeys Posson distribution with a mean of 0.5 unit per period. It is required that the probability of one or more units un the system not exceed 0.20. If the cost of waiting is $5.00 per unit period, and the service facility cost $2.50 per unit served, what is the total system cost? If the service rate is Doubled at a total cost of $3.50 per unit served what is the total system cost?
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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The arrival rate for a waiting-line system obeys Posson distribution with a mean of 0.5 unit per period. It is required that the probability of one or more units un the system not exceed 0.20. If the cost of waiting is $5.00 per unit period, and the service facility cost $2.50 per unit served, what is the total system cost? If the service rate is Doubled at a total cost of $3.50 per unit served what is the total system cost?
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