Question: Queuing Part C If every minute reduction in waiting time saves a shop $3,000 per year, and the new system costs $5,000, answer the following
Queuing Part C
If every minute reduction in waiting time saves a shop $3,000 per year, and the new system costs $5,000, answer the following questions:
- How much is saved by switching to an automatic ejector?
- Should the company invest in the new system? Explain.
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