1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Dudley Savings Bank wishes to take a position in Treasury bond futures contracts, which currently have a quote of 110 − 100. Dud
Aneli [31]

Answer:

a. Long

b. $375.00

Explanation:

a. If interest rates decrease over the period of investment, Treasury bond prices will increase. Thus, Dudley Savings Bank should take a long position in the futures contracts on the Treasury bonds. As T-bond prices go up, so will T-bond futures prices.

b. Given a long position:

Net profit = Sale price of futures − Purchase price of futures

= $107,687.50 − $107,312.50 = $375.00

Purchase price of futures = 107 − 100 = 107 10/32% × $100,000 = $107,312.50

Sale price of futures = 107 − 220 = 107 22/32% × $100,000 = $107,687.50

Explanation:

3 0
2 years ago
Smith Pharmaceuticals is trying to estimate the breakeven volume of sales on a newly developed drug. Which of the following woul
ahrayia [7]

Answer:

An increase in the unit (per pill) contribution margin.

Explanation:

Breakeven point is defined as the level of sales where total cost is equal to total revenue.

The formula is given as

Breakeven= Fixed cost ÷ (Sales revenue -Variable cost)

Note the Sales revenue less variable cost is the contributing margin.

Breakeven= Fixed cost ÷ Contributing margin

To reduce breakeven we must either reduce the numerator or increase the denominator.

In this case an increase in contributing margin will result in a decrease in breakeven amount of the company.

8 0
3 years ago
Find the amount to which $550 will grow under each of the following conditions. Do not round intermediate calculations. Round yo
Cloud [144]

Answer:

(A)Fv= $864.2

(B) Fv= $1302.05

(C) Fv=  $2003.4

(D) Fv= $96817.21

Explanation:

Giving the following information:

Initial investment= $550

We will use the final value formula:

FV=Present value*(1+i)^n

(A) 9% compounded annually for 5 years.

Fv= 550*(1.09)^5=$864.2

(B) 9% compounded semiannually for 5 years.

Fv= 550*(1.09)^10= $1302.05

(C) 9% compounded quarterly for 5 years.

Fv= 550*(1.09)^15= $2003.4

(D) 9% compounded monthly for 5 years.

Fv= 550*(1.09)^60=$96817.21

6 0
3 years ago
A group of teens in your town meet and agree to charge a flat fee of five dollars per hour for babysitting. They charge the same
swat32

Answer:

a monopoly

Explanation:

6 0
3 years ago
Read 2 more answers
Evaluating your results is important because it helps you to ________. a. Prevent future problems from occurring b. Implement yo
exis [7]

Answer:

all of the above.

Explanation:

8 0
3 years ago
Read 2 more answers
Other questions:
  • Silver Co. has a $430 petty cash fund. At the end of the first month the accumulated receipts represent $66 for delivery expense
    8·1 answer
  • Which of the following is a characteristic of an unstructured interview?
    13·2 answers
  • Which of the following is a true statement about a marketing plan?
    10·2 answers
  • Assume a zero-coupon bond that sells for $270 and will mature in 25 years at $1,850. Use Appendix B for an approximate answer bu
    10·1 answer
  • Assume that you plan to buy a share of EMA stock today and to hold it for 3 years. You expect to receive a dividend of $3.00 at
    11·1 answer
  • The supply of pineapples in Hawaii increases, causing pineapple prices to fall. Lower prices mean that Hawaiian households will
    11·2 answers
  • An example of business-to-business sales is selling ________.
    7·1 answer
  • FIFO reports higher gross profit and net income than the LIFO method when a.prices are increasing b.prices remain stable c.price
    10·1 answer
  • 3.A lockbox plan is most beneficial to firms that a. have widely dispersed manufacturing facilities. b. have a large marketable
    14·2 answers
  • S) Barkley and James cannot attend training during the exercise. They must attend before 4 May or after 25 May. Identify the con
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!