Question: Question 7 to Question 1 0 is based on this problem. Refer to the previous problem. Suppose that Boot Barn s phone system can only

Question 7 to Question 10 is based on this problem.
Refer to the previous problem. Suppose that Boot Barns phone system can only keep four calls on hold at any time, the average profit margin of each call is $55 and sales reps cost the company $12 per hour.
If callers who receive a busy signal take their business elsewhere, how much money is the company losing per hour (on average) if it employed a single sales rep (i.e. without hiring the additional employee mentioned in previous problem)? Rounding decimals of your calculation to units. Hint: you need to use the arrival rate of customer calls and the probability of balk (which will be given in the Excel output if you choose the right queue model) in the calculation .

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