Trucks arrive at a warehouse according to a Poisson process with a mean rate of 4 per

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Trucks arrive at a warehouse according to a Poisson process with a mean rate of 4 per hour. Only one truck can be loaded at a time. The time required to load a truck has an exponential distribution with a mean of 10/n minutes, where n is the number of loaders (n = 1, 2, 3, . . .). The costs are (i) $18 per hour for each loader and (ii) $20 per hour for each truck being loaded or waiting in line to be loaded. Determine the number of loaders that minimizes the expected hourly cost.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Introduction to Operations Research

ISBN: 978-1259162985

10th edition

Authors: Frederick S. Hillier, Gerald J. Lieberman

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