Question: A product undergoes a quality control process. If it fails, the product is sent to a repair centre where it is readjusted. There are 2

A product undergoes a quality control process. If

A product undergoes a quality control process. If it fails, the product is sent to a repair centre where it is readjusted. There are 2 technicians at the centre, and each one can adjust the failed product in an average of 5 minutes, their repair time is exponentially distributed. The average number of rejects is 18 products per hour, and the sequence of rejections appears to be well described by a Poisson process. As another option, the manufacturer of the product can lease one machine, which can adjust the failed product to the same degree of accuracy as the repair technicians, in exactly 23 minutes. The machine leasing costs are equivalent to 3 the salary and other related costs of the technicians. Should the company lease the machine? Provide detailed explanations to your

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