Practical Management Science, Loose-leaf Version
Practical Management Science, Loose-leaf Version
5th Edition
ISBN: 9781305631540
Author: WINSTON, Wayne L.; Albright, S. Christian
Publisher: Cengage Learning
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Chapter 13, Problem 46P
Summary Introduction

To determine: The number of postal windows that should be opened to minimize the hourly costs.

Introduction: In order to predict the waiting time and length of the queue, queueing model will be framed. Queueing theory is the mathematical model that can be used for the decision-making process regarding the resources required to provide a service.

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Explanation of Solution

Model:

Practical Management Science, Loose-leaf Version, Chapter 13, Problem 46P , additional homework tip  1

Practical Management Science, Loose-leaf Version, Chapter 13, Problem 46P , additional homework tip  2

Practical Management Science, Loose-leaf Version, Chapter 13, Problem 46P , additional homework tip  3

Formulae to determine the model:

Practical Management Science, Loose-leaf Version, Chapter 13, Problem 46P , additional homework tip  4

Practical Management Science, Loose-leaf Version, Chapter 13, Problem 46P , additional homework tip  5

Practical Management Science, Loose-leaf Version, Chapter 13, Problem 46P , additional homework tip  6

Practical Management Science, Loose-leaf Version, Chapter 13, Problem 46P , additional homework tip  7

Three postal windows should be opened in order to minimize the hourly costs

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