The following cost information is available for the fast-food franchise in Problem 22: Customer waiting time
Question:
• Customer waiting time is valued at $25 per hour to reflect the fact that waiting time is costly to the fast-food business.
• The cost of each employee is $6.50 per hour.
• To account for equipment and space, an additional cost of $20 per hour is attributable to each channel. What is the lowest-cost design for the fast-food business?
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Related Book For
Quantitative Methods For Business
ISBN: 148
11th Edition
Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Cam
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