A certain queueing system has a Poisson input, with a mean arrival rate of 4 customers per

Question:

A certain queueing system has a Poisson input, with a mean arrival rate of 4 customers per hour. The service-time distribution is exponential, with a mean of 0.2 hour. The marginal cost of providing each server is $20 per hour, where it is estimated that the cost that is incurred by having each customer idle (i.e., in the queueing system) is $120 per hour for the first customer and $180 per hour for each additional customer. Determine the number of servers that should be assigned to the system to minimize the expected total cost per hour.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Introduction to Operations Research

ISBN: 978-1259162985

10th edition

Authors: Frederick S. Hillier, Gerald J. Lieberman

Question Posted: