Two new checkout scanning systems are under consideration by a retail store. Arrivals to the checkout stand follow the Poisson distribution with$\lambda$ = 2 per minute. The cost for waiting is $18 per hour. The first system has an exponential service rate of 5 per minute and costs $10 per hour to operate. The second system has an exponential service rate of 8 per minute and costs $20 per hour to operate. Which system should be chosen?

Question

Quizplus · Accepted Answer

The Answer of Two new checkout scanning systems are under consideration by a retail store. Arrivals to the checkout stand follow the Poisson distribution with$\lambda$ = 2 per minute. The cost for waiting is $18 per hour. The first system has an exponential service rate of 5 per minute and costs $10 per hour to operate. The second system has an exponential service rate of 8 per minute and costs $20 per hour to operate. Which system should be chosen?

Two New Checkout Scanning Systems Are Under Consideration by a Retail