The waiting time at which 10 percent of the people would continue to hold is given as 2.3
<h3>How to solve for the waiting time</h3>
We have to solve for X ~ Exponential(λ).
then E(X) = 1/λ = 3,
= 0.3333
Remember that the cumulative distribution function of X is F(x) = 1 - e^(-λx). ; x is equal to the time in over case
For 10 percent of the people we would have a probability of
10/100 = 0.1
we are to find
P(X ≤ t)
= 1 - e^(0.3333)(t) = 0.1
Our concern is the value of t
Then we take the like terms
1-0.1 = e^(0.3333)(t)
1/0.9 = e^(0.3333)(t)
t = 3 * ln(1/0.9)
= 0.3157
The correct answer is C) labor-saving advances in households.
A study of labor force participation rates of women in the post-World War II period noted:
Over the long run, women have joined the paid labor force because of a series of changes affecting the nature of work. Primary among these was labor-saving advances in households.
This is an important factor because new inventions and technology have allowed women to leave the house in order to have an education an enter the job force in the corporate world because they have shown the be very capable to perform jobs in industries and companies, at the highest levels. Today, many families need a double income in the house in order to make a decent living. So it is common to see the father and the mother having a job.
Answer:
Note: The complete question is attached as picture below
Objectives Most associated balanced scorecard
1. Percentage of repeat <em>Customer Perspective</em>
customers
2. Number of suggestions for <em>Learning and Growth perspective</em>
improvement from employees
3. Contribution margin <em>Financial perspective</em>
4. Brand recognition <em>Customer Perspective</em>
5. Number of cross-trained <em>Learning and Growth perspective</em>
employees
6. Amount of setup time <em>Internal process prospective</em>
Answer:
d. $11.11 per unit
Explanation:
Plant wide overhead rate = Total manufacturing cotsts / Total direct labor hours
Plant wide overhead rate = ($2,530,000 + $900,000) / (168,000+110,000)
Plant wide overhead rate = $3,430,000 / 278,000
Plant wide overhead rate = $12.34 per DLH
Overhead cost per unit = Plant wide overhead rate * Direct hours per unit
Overhead cost per unit = $12.34 * 0.90
Overhead cost per unit = $11.11 per unit