Determine the optimum production rate

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Reference no: EM13151722

jobs arrive at a machine shop according to aPoisson distribution at the rate of R jobs per week. An automatic machine represents the bottleneck in the shop.it is estimated that a unit increase in the production rate of the machine wiil cost C1 per week.Delayed jobs normally results in lost business, which estimated to be C2 per job per week.Determine the optimum production rate?

Reference no: EM13151722

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