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How long does the laundromat have to wait

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The Corner Cleaners 24-hour laundromat has 16 washing machines. A machine breaks down every 20 days (exponentially distributed). The repair service the laundromat takes an average of one day to repair a machine (exponentially distributed). A washing machine averages $5 per hour in revenue. The laundromat is considering a new repair service that guarantees repairs in 0.50 day, but they charge $10 more per hour than the current repair service.

Currently, how long does the laundromat have to wait for its equipment to be repaired?

 

 

Reference no: EM13334954

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