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Queuing Theory and Analysis
If the cost of waiting is $5.00 per unit per period and the service facility costs $2.50 per unit served, what is the total system costs? If the service rate is doubled at a total cost of $3.50 per unit served, what is the total system costs?
Note: Must use information from previous problem:
The arrival rate for a certain waiting line system obeys a Poisson distribution with a mean of 05. unit per period. It is required that the probability of one or more units in the system not exceed 0.20. What is the minimum service rate that must be provided if the service duration is to be distrubuted exponentially
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.
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