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miss Akunina [59]
3 years ago
7

The Traffic Court of King James County operates between the hours of 9AM and 1PM. Each morning, roughly at 9AM, 200 defendants s

how up for trial involving traffic violations, such as speeding, illegal parking and ignoring a stop sign. On Monday, June 10, 2003, a sample of 10 defendants was selected at random by a consultant. For each defendant, the consultant recorded the actual time spend in discussion with the judge and the time paying the fine (not including waiting). Also recorded were the times the defendant arrived and left the court.
Defendant Arrival Departure Time with Judge (minutes) Time Paying Fine (minutes)
1 8.45 9.3 1 5
2 8.45 9.45 1.5 2
3 8.45 12.05 2 3
4 8.5 12:55 1.5 5
5 8.55 10:35 1 2
6 8.55 9:20 1 0
7 9.55 11:35 2 2
8 9.55 10:45 3 0
9 9.55 12:55 1 2
10 9.55 9:20 1.5 3

Required:
a. Estimate the flow time of the process.
b. Estimate the theoretical flow time of the process.
c. What is the flow-time efficiency?

Business
1 answer:
patriot [66]3 years ago
7 0

Answer:

Explanation:

Please check attachment for the solution to the question.

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A company purchased a computer system at a cost of $24,000. The estimated useful life is 6 years, and the estimated residual val
max2010maxim [7]

Answer:

Year 2= $3,333.33

Explanation:

Giving the following information:

A company purchased a computer system for $24,000. The estimated useful life is 6 years, and the estimated residual value is $9,000.

To calculate the depreciation expense for the second year, we need to use the following formula for year 1 and 2:

Annual depreciation= 2*[(book value)/estimated life (years)]

Year 1= 2*[(24,000 - 9,000)/6]= 5,000

Year 2= 2*[(15,000 - 5,000)/6]= 3,333.33

7 0
3 years ago
Last year, Kurt invested $1,000 in ABC stock, $1,000 in long-term government bonds, and $1,000 in U.S. Treasury bills. Over the
marin [14]

Answer:

6%

Explanation:

3 0
3 years ago
On October 31, 20X5, West Company received a condemnation award of $450,000 as compensation for the forced sale of a warehouse.
Luba_88 [7]

Answer:

$175,000

Explanation:

Calculation to determine West should report on its income statement for the year ended December 31, 20X5, a gain on condemnation of property of

Using this formula

Gain on condemnation=Compensation for the forced sale-Book value

Let plug in the formula

Gain on condemnation=$450,000-$275,000

Gain on condemnation=$175,000

Therefore what should report on its income statement for the year ended December 31, 20X5, a gain on condemnation of property of $175,000

6 0
3 years ago
What is not an example of money?
melamori03 [73]
B. credit because credit is just how well you pay bills
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7 0
3 years ago
A corporate CEO wished to relay good news about the prospect of a new technology being created, but was reluctant to do so. Inst
borishaifa [10]

Answer:

Information signaling

Explanation:

Information signalling is defined as the various actions a firm takes that communicates it's financial outlook. For example if a firm releases a dividend policy it communicates the value of the firm's stock.

In this scenario the CEO announced increase in the firm's dividend. This will convey to investors that the company has a competitive advantage which will result in additional income, so dividends are being raised.

It is an indirect way of announcing good news about the prospect of a new technology being created.

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