Business, 05.05.2020 20:38, deshawnnash53

Tasco Oil owns a pipeline booster unit that operates continuously. The time between breakdowns for each booster is exponential with a mean of 20 hrs. The repair time is exponential with mean 3 hrs. In a particular station, two repairpersons attend 10 boosters. The hourly wage for each repairperson is $18. Pipeline losses are estimated to be $30 per broken booster per hour. Tasco is studying the possibility of hiring an additional repairperson. Will there be any cost savings in hiring a third repairperson

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Tasco Oil owns a pipeline booster unit that operates continuously. The time between breakdowns for e...