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A department has 5 machines that each run for an average of 8.4 hours (exponential) before service is required.Service time average is 1.6 hours (exponential).
(A) While running, each machine can produce 120 pieces per hour.With one server, what is the average hourly output actually achieved?
(B) With 2 servers, what is the probability that a machine would be served immediately when it requires service?
(C) If machine downtime cost is $100 per hour per machine, and server time costs $30 per hour, how many servers would be optimal?
Managerial Behaviour
The patterns of actions and attitudes exhibited by managers, influencing the performance and culture of an organization.
Network Models
Theoretical frameworks that describe how different points or nodes within a network are connected and interact with each other.
Complex Projects
Initiatives characterized by high levels of uncertainty, intricacy, and interdependencies, requiring careful planning and coordination to successfully complete.
Psychological Success
The personal sense of accomplishment and satisfaction attained from achieving professional goals and advancing in one's career.
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