Mathematics, 16.04.2020 00:22 nadiarose6366
People arrive at a college admissions office at rate 1 per minute, and the arrival is a Poisson process. When k people have arrive, a tour starts. Student tour guides are paid $20 for each tour they conduct. The college estimates that it loses ten cents in good will for each minute a person waits. What tour group (not counting the guide) minimizes the average cost per person?
Answers: 2
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