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Question: One operator services a bank of five machines. Machine running and service times are both exponential. Machines run for an average of 180 minutes between service requirements, and service time averages 60 minutes. The operator receives $20 per hour in salary and fringe benefits, and machine downtime is $70 per hour.
With two operators, how much will be the hourly service cost?
With one operator, what is the average amount of time (in minutes) that a machine has to wait before being serviced by the operator?
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The Hickory Cabinet and Furniture Company has decided to concentrate on the production of chairs. The fixed cost per month of making chairs is $7,500, and the variable cost per chair is $40.
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Maju Jaya advertises in a local daily calling suitable contractors to submit tenders for the development of an IT project.
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A hospital emergency room (ER) is currently organized so that all patients register through an initial check-in process. At his or her turn, each patient is seen by a doctor and then exits the process, either with a prescription or with admission to ..
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