2.10. Parts arrive at a painting machine according to a Poisson process with rate X/h. The...
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2.10. Parts arrive at a painting machine according to a Poisson process with rate X/h. The machine can paint one part at a time. The painting process appears to be exponential with an average service time of 1/μ h. It costs the company about $C₁ per part per hour spent in the system (i.e., being painted or waiting to be painted). The cost of owning and operating the painting machine is strictly a function of its speed. In particular, a machine that works at an average rate of u costs $uC2/h, whether or not it is always in operation. Determine the value of u that minimizes the cost of the painting operation. 2.10. Parts arrive at a painting machine according to a Poisson process with rate X/h. The machine can paint one part at a time. The painting process appears to be exponential with an average service time of 1/μ h. It costs the company about $C₁ per part per hour spent in the system (i.e., being painted or waiting to be painted). The cost of owning and operating the painting machine is strictly a function of its speed. In particular, a machine that works at an average rate of u costs $uC2/h, whether or not it is always in operation. Determine the value of u that minimizes the cost of the painting operation.
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Related Book For
Probability and Statistics
ISBN: 978-0321500465
4th edition
Authors: Morris H. DeGroot, Mark J. Schervish
Posted Date:
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