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Question: Machines arrive for repair at the rate of six per hour following Poisson. The mechanics mean repair time is 15 minutes, which follows exponential distribution. The down time cost for the broken down machines per hour is Rs. 300. Mechanics are paid Rs. 60 per hour. Determine the optimal number of mechanics to be employed .to minimize the total cost.
Prepare a Flexible Budget Gator Divers is a company that provides diving services such as underwater ship repairs to clients in the Tampa Bay area.
This assignment has two question related to maths. Questions are related to bifurcation cascade and logistic map.
This assignment has questions related to probabiltiy.
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