Consider the peak-day wet berry inventory profile in the Figure above, where wet berries arrive between 7
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Consider the peak-day wet berry inventory profile in the Figure above, where wet berries arrive between 7 AM to 7 PM at the rate of 1050 bbls/hour, processing starts at 8 AM at the rate of 600 bbls/hour (with three dryers). Assume that trucks delivering berries to the plant each carry 75 bbls of berries, trucks will wait when the bin storage capacity of 3200 is full, and the cost of a waiting truck is 100$/hour, per truck. Calculate the daily average cost of waiting trucks for the inventory profile in the Figure below. Show the approach you used to calculate average cost of waiting trucks.
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Introduction to Management Science A Modeling and Cases Studies Approach with Spreadsheets
ISBN: 978-0078024061
5th edition
Authors: Frederick S. Hillier, Mark S. Hillier
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