In the cab company example, suppose that the average time per ride is actually about 14.5 minutes,
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In the cab company example, suppose that the average time per ride is actually about 14.5 minutes, so that the utilization 1= l mc2 for the 2- and 4-cab operations increases to more than 96%. Is it still worthwhile to consolidate the two companies into one? Use the average waiting time for a ride as the comparison measure.
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