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QUESTION
Consider an M/M/1 queue. Arrival rate is 10 customers per hour, service costs $3 per minute, and waiting costs are $0.5 per minute per customer. What...
- Consider an M/M/1 queue. Arrival rate is 10 customers per hour, service costs $3 per minute, and waiting costs are $0.5 per minute per customer. What is the optimal service rate for this queue?
