Question

The Associate Dean in the College of Business at Tech is attempting to determine which of two copiers he should lease for the college’s administrative suite. A regular copier leases for $8 per hour and it takes an employee an average of six minutes (exponentially distributed) to complete a copying job. A deluxe, high-speed copier leases for $16 per hour, and it requires an average of three minutes to complete a copying job. Employees arrive at the copying machine at the rate of seven per hour (Poisson distributed) and an employee’s time is valued at $10 per hour. Determine which copier the college should lease.



$1.99
Sales0
Views51
Comments0
  • CreatedApril 10, 2014
  • Files Included
Post your question
5000