In: Statistics and Probability
Suppose that a room has many cotton spinning looms and two
operators. Once the looms set up, they run
automatically. One operator can set up one loom independently. The
setup time is exponentially distributed, with
mean 30 minutes. The looms are breakdown on an average of one every
20 minutes throughout the day with an
exponential distribution. Suppose that loom operators are paid $20
an hour, and looms not running incur a cost of
$80 an hour. If the probability that all looms are running (no loom
needs to be set up) is 0.15,
(1) What is the probability that both operators are busy?
(2) What is the probability that only one operator is busy (only
one loom is breakdown)?
(3) Estimate the long-run average cost per hour of the system.