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Customers filter into a record shop at an average of 1 per minute (exponential interarrivals) where the service rate is 15 per hour (exponential service times) .
-What is the average number of customers in the system with 8 servers?
Last Dollar
The final unit of currency spent or invested in the completion of a transaction or project.
Marginal Product
The additional output produced by employing one more unit of a particular input, holding other inputs constant.
Wage
A fixed regular payment, typically paid on a daily or weekly basis, made by an employer to an employee, especially to manual or unskilled workers.
Rental Rate
The cost associated with leasing a particular commodity, property, or piece of equipment per unit time.
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