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The pharmacy of a large metropolitan hospital has a counter

Thesis Help Finance The pharmacy of a large metropolitan hospital has a counter

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The pharmacy of a large metropolitan hospital has a counter

The pharmacy of a large metropolitan hospital has a counter used exclusively for nurses’ requests fo… Show more The pharmacy of a large metropolitan hospital has a counter used exclusively for nurses’ requests for medications. The time between requests is estimated to be about five minutes. A pharmacist can handle requests at a rate of 15 per hour. Suppose there are two pharmacists at the counter. a. On average, how many nurses would be at the counter, including those being served? b. If a nurse has to wait, how long would the average wait be? c. What percentage of time are the pharmacists idle? d. If pharmacists represent a cost of $28 per hour and nurses a cost of $24 per hour, should the pharmacy employ one, two or three pharmacists in order to minimize total cost? Press Tab to enter the content editor. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). • Show less

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