Solution-Determine the optimal number of mechanics to be

Determine the optimal number of mechanics to be employed

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Reference no: EM131620102

Question: Machines arrive for repair at the rate of six per hour following Poisson. The mechanics mean repair time is 15 minutes, which follows exponential distribution. The down time cost for the broken down machines per hour is Rs. 300. Mechanics are paid Rs. 60 per hour. Determine the optimal number of mechanics to be employed .to minimize the total cost.

Reference no: EM131620102

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Determine the optimal number of mechanics to be employed

Reference no: EM131620102

Reference no: EM131620102

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