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In the consolidated cab company problem, suppose that new funds cannot be secured to purchase additional cabs. The owner was advised by a friend that
In the consolidated cab company problem, suppose that new funds cannot be secured to purchase additional cabs. The owner was advised by a friend that one way to reduce the waiting time is for the dispatching office to inform new customers of potential excessive delay once the waiting list reaches six customers. This move is certain to get new customers to seek service elsewhere, but will reduce the waiting time for those already on the waiting list. Investigate the plausibility of the friends advice.
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