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3 years ago

Little's law states that the average number of people in a waiting line is the average customer arrival rate multiplied by the:

1 answer:

7 0

John Little is known for his queueing theory which is basically a theory on the probability of a customer waiting in the same line. This is applicable in every establishment that does first come, first serve basis. The probability of a person staying in line, and not changing to other lines, is expressed by the so-called Little law. It states that the average number of customers in the waiting line is equal to the average effective arrival ate multiplied with the average time that the customer spends in the waiting line. This law is very useful and valid because it does not count into factors the miscellaneous things like process distribution, service distribution, service order, etc.

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An organization that has all its people in one location is typically ________ than an organization that is dispersed around the

Vera_Pavlovna [14]

Answer:

less spatially complex is the answer.

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1 year ago

Roger remembers from a business class he took years ago in college that there are several business forms to choose from. Each fo

lakkis [162]

Answer:

This question is incomplete, the options are missing. The options are the following:

a) Partnership

b) C Corporation

c) S Corporation

d) Limited Liability Company

e) Limited Liability Partnership

And the correct answer is the option D: Limited Liability Company.

Explanation:

To begin with, the name of <em>"Limited Liability Company" </em>refers to a type of form of business, in the field of business law, that is helpful to adapt and use for some owners regarding the particular characteristics that this form gives to them. So once said that, this type of business form has the characteristics of both a corporation and a partnership so that means that it is quite flexible and can adapt depending on the situation that the owner is having. Moreover, one of the most important aspects of this type of form is the fact that the owner has a limited liability to what happens in the company so that means that his private assets are secure under this form.

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3 years ago

Draw a curve that shows the relationship between the tax rate and the amount of tax revenue collected. The relationship between

maw [93]

Answer:

Laffer curve.

Explanation:

Laffer Curve is developed by

Arthur Laffer. It is used to show the relationship between tax rates and the amount of tax revenue collected by governments of a particular country. Laffer curve is used to demonstrate Laffer’s argument that sometimes cutting tax rates can increase total tax revenue.

Laffer curve shows the relationship that occurs between the tax rate and the amount of tax revenue collected

The relationship between the tax rate and the amount of tax revenue collected is called the LAFFER CURVE curve. This curve shows that TAX CUT CAN INCREASE TAX REVENUE.

The drawing of a laffer curve has been attached

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3 years ago

8th business day of this month

Sonbull [250]

Tuesday the twelfth is the answer. A business day is essential a work day, which is Monday through Friday.

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3 years ago

The next dividend payment by Hot Wings, Inc., will be $4.25 per share. The dividends are anticipated to maintain a 3 percent gro

NARA [144]

Answer:

10.20%

Explanation:

According to the Gordon constant growth model :

value = D1 / r - g

D1 = next dividend = $4.25

r = required return

g = growth rate = 3%

value = $59

$59 = $4.25 / r - 0.03

4.25 / 59 = r - 0.03

0.072034 = r - 0.03

r = 0.102034

r = 10.20%

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3 years ago