Make any assumptions about the warm-up time and runtime you believe are appropriate. Try solving the problem
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Make any assumptions about the warm-up time and runtime you believe are appropriate. Try solving the problem with exponentially distributed copying times. Then try it with gamma-distributed copying times, where the standard deviation is 3.2 minutes. Do you get the same recommendation on which machine to purchase?
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Related Book For
Practical Management Science, Revised
ISBN: 9781118373439
3rd Edition
Authors: Wayne L Winston, S. Christian Albright
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