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During the early morning hours, customers arrive at a branch post office at an average rate of 20 per hour (Poisson), while clerks can handle
During the early morning hours, customers arrive at a branch post office at an average rate of 20 per hour (Poisson), while clerks can handle transactions in an average time (exponential) of 2 minutes each. Assume one clerk in the system.
If clerk cost is $30 per hour and customer waiting time represents a "cost" of $20 per hour. Compute the total hourly cost for this system.
Select one:
a.
150
b.
110
c.
70
d.
32
During the early morning hours, customers arrive at a branch post office at an average rate of 20 per hour (Poisson), while clerks can handle transactions in an average time (exponential) of 2 minutes each. Assume one clerk in the system. If clerk cost is \\( \\$ 30 \\) per hour and customer waiting time represents a \"cost\" of \\( \\$ 20 \\) per hour. Compute the total hourly cost for this system. Select one: a. 150 b. 110 c. 70 d. 32Step by Step Solution
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