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Business, 25.10.2019 03:43 smithmorgan773p35885
Agas station with two pumps estimates that the cost of a customer waiting (includes the time in queue and the time spent in filling the gas) is worth 20 dollars per hour. they have calculated that the current operational cost of the pump is also $20 per hour. assuming that the pump has ten arrivals per hour, and that it takes 4 minutes to fuel up, what is the hourly total variable cost at the pump (total cost of customer waiting plus the cost of the pump – answer in dollars per hour and two decimals)?
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