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Q1.)The Decision Sciences Department is trying to determine whether to rent a slow or a fast copier. The department believes that an employee's time is

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Q1.)The Decision Sciences Department is trying to determine whether to rent a slow or a fast copier. The department believes that an employee's time is worth $15 per hour. The slow copier rents for $4 per hour and it takes an employee an average of 10 minutes to complete copying (exponentially distributed). The fast copier rents for $15 per hour and it takes an employee an average of 6 minutes to complete copying. An average of 4 employees per hour need to use the copying machine (interarrival times are exponential). Which machine should the department rent

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