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The Insurance Department at Shear's Has Two Agents,each Working at a Mean

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Essay

The insurance department at Shear's has two agents,each working at a mean speed of eight customers per hour.Customers arrive at the insurance desk at a mean rate of one every six minutes and form a single queue.Management feels that some customers are going to find the wait at the desk too long and take their business to Word's,Shear's competitor.​
In order to reduce the time required by an agent to serve a customer,Shear's is contemplating installing one of two minicomputer systems: System A that leases for $18 per day and will increase an agent's efficiency by 25% or System B that leases for $23 per day and will increase an agent's efficiency by 50%.Agents work eight-hour days.​
If Shear's estimates its cost of having a customer in the system at $3 per hour,determine if it should install a new minicomputer system,and if so,which one?


Definitions:

Ubiquitin Tags

Small proteins attached to other proteins as a signal for degradation or modification, playing a key role in regulating protein levels and function within the cell.

Phytochrome

A pigment involved in the regulation of various plant processes, such as seed germination and responses to light and dark cycles.

Florigen

A plant hormone that promotes flowering, produced in the leaves and acts in the shoot apical meristem of buds and growing tips.

Phloem

The vascular tissue in plants responsible for the transport of nutrients, specifically sugars, from leaves to other parts of the plant.

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