# Statistics

posted by .

The number of arrivals per period is distributed according to the poisson with the expected value of 0.75 unit per period. the cost of waiting per unit per period is \$3.20. The facility cost for serving one unit per period is \$5.15. What expected service rate should be established if the service duration is distributed exponentially? What is the expected total system cost?

## Similar Questions

1. ### college

RNO Company's market for the Model 55 has changed significantly, and RNO has had to drop the price per unit from \$265 to \$125. There are some units in the work in process inventory that have costs of \$150 per unit associated with them. …
2. ### Stats

Consider the Avionic Manufacturing Company that wishes to meet a demand of 10 units per month by purchasing the items from a vendor with a lead time of three-quarters of a month. The item cost is \$2.50 per unit, replenishment cost …
3. ### CVP Analysis - Business Math

Engineering estimates show that the variable cost of manufacturing a new product will be \$35 per unit. Based on market research, the selling price of the product is to be \$120 per unit and variable selling expense is expected to be …
4. ### Statistics

In a three-channel queuing system, the arrival rate is 1 unit per time period and the service rate is 0.6 unit per time period. Determaine the probability that an arriving unit does not have to wait.
5. ### Math

Merchandise inventory purchases for a firm for a three month period are: January :2,000 units @ \$12 per unit; February 1,800 @ \$14 per unit; march 2,600 units @15 per unit. What is the mean unit cost of merchandise inventory?
6. ### statistics

Merchandise inventory purchases for a firm for a three-month period are: January: 2,000 units @ \$12 per unit; February: 1,800 @ \$14 per unit; March 2,600 units @ 15 per unit. What is the mean unit cost of merchandise inventory?
7. ### Park University

The number of arrivals per period is distributed according to the Poisson with an expected value of 0.75 unit per period. The cost of waiting per unit per period is \$3.20. The facility cost for serving one unit per period is \$5.15. …