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As a result of the first week, the students are considering increasing the number of employees serving the counter. To help to make the decision,
As a result of the first week, the students are considering increasing the number of employees
serving the counter. To help to make the decision, they have learned from their marketing
professor that industry standards suggest a waiting customer costs a company $hour;
they have also determined that each additional employee will actually increase service time
by half a minute. Employees are paid $ hour.
e Determine the total hourly cost at the current level employees and with additional
employees. How many employees minimize total cost?
f Recalculate the performance measures of a b c and d with the number of employees
recommended in part e What do you notice about the new performance measures?
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