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notka56 [123]
3 years ago
11

Consider a two-server parallel queuing system where customers arrive according to a poisson process with rate λ, and where the s

ervice times are exponential with rate μ. moreover, suppose that arrivals finding both servers busy immediately depart without receiving any service (such a customer is said to be lost), whereas those finding at least one free server immediately enter service and then depart when their service is completed. (a) if both servers are presently busy, find the expected time until the next customer enters the system. (b) starting empty, find the expected time until both servers are busy. (c) find the expected time between two successive lost customers.
Business
1 answer:
lara31 [8.8K]3 years ago
7 0
<span>I would assume that customers arrive at the queue according to the poisson process, and then decide whether to enter the queue or leave as per the rules in the question. for (a) I interpret "enter the system" as "join the queue". The expected time for this will be E(time until there is a free slot) + E(time for someone to arrive once a slot is free). Noting that the additional time taken for someone to arrive once a spot is free is independant of the time that the slot became free (memorylessness property of poisson process) The waiting time of a Poisson(\lambda) is exp(\lambda) with mean \frac{1}{\lambda} E(\text{Time someone enters the system})=\frac{1}{2\mu} + \frac{1}{\lambda} Your post suggests you already understand where \frac{1}{2\mu} comes from.</span>
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Answer:

The answer is $750 millions

Explanation:

After recapitalization, the Weight of Debts of Nichols Corporation is 25%. Hence, its Weight of Equity Capital is: 100% - 25% = 75%.

The formula of Value of Operations as follows:

Value of Operations = Weight of Debts x Value of Debts + Weight of Equity Capital x Value of Equity Capital

Because Nichols Corporation's value of operations is equal to $600 million after recapitalization, we have the following equation with S as the value of equity after the recap:

600 = 25% x 150 + 75% x S

=> S = (600 - 25% x 150) / 75% = 750

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ME Company has a debt-equity ratio of .57. Return on assets is 7.9 percent, and total equity is $620,000. a. What is the equity
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Answer:

8.06

Explanation

  • Debt equity ratio=Debt÷ Equity
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  • Equity=620,000 in this question
  • Debt=620,000*0.57=353,400.
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The company’s earnings per share would still be based on the common shares outstanding of 9,500. This is because the 4,500 selling transaction is not yet accounted for that last accounting period. Therefore,

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Annual dividend on the preferred stock=(1000*$10*.07)

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