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Q9) DeenCo Publishing is in the process of purchasing a high-speed commercial copier. Specific models whose specifications are (Operating cost ($/hr) = 32.5, Speed (sheets/min)
Q9) DeenCo Publishing is in the process of purchasing a high-speed commercial copier. Specific models whose specifications are (Operating cost ($/hr) = 32.5, Speed (sheets/min) = 65 ) have been proposed by vendors. . Jobs arrive at KeenCo in a Poisson stream at the rate of five jobs per 24-hr day. Job size is random but averages about 8,000 sheets per job. Contracts with the customers specify a penalty cost for late delivery of $75 per job per day. Calculate Expected total cost of operating the facility per day
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