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The manager of a regional warehouse must decide on the number of loading docks to request for a new facility in order to

Posted: Thu Apr 28, 2022 3:01 pm
by answerhappygod
The manager of a regional warehouse must decide on the number of
loading docks to request for a new facility in order to minimize
the sum of dock costs and driver-truck costs. The manager has
learned that each driver-truck combination represents a cost of
$273 per day and that each dock plus loading crew represents a cost
of $1,167 per day. Use Table 18.4. a. How many docks should be
requested if trucks arrive at the rate of four per day, each dock
can handle five trucks per day, and both rates are Poisson? b. An
employee has proposed adding new equipment that would speed up the
loading rate to 5.71 trucks per day. The equipment would cost an
additional $100 per day for each dock. What is the lowest daily
total cost that can be achieved with the new equipment? (Round your
cost amount to 2 decimal places and all other calculations to 3
decimal places.)