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galben [10]
3 years ago
13

Assume the service rate for a queue in a truck-loading operation is 2 trucks per hour. Using the infinite queuing notion for the

models presented in the textbook, which of the following is the average service time?
a. 2 hours
b. 1 hour
c. 0.5 hours
d. 0.25 hours
e. None of the above
Business
1 answer:
ivolga24 [154]3 years ago
3 0

Answer:

C: 0.5 hours

Explanation:

Average service time = 1/Average service rate = 1/2 = 0.5 hours

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A consumer makes purchases of an existing product X such that the marginal utility is 10 and the price is $5. The consumer also
Novosadov [1.4K]

Answer:

Increase the consumption of product Y and decrease the consumption of product X.

Explanation:

Utility-maximizing rule states that a consumer is maximizing its utility at a point where the marginal utility per dollar spent equal for both the products.

Marginal utility per dollar for Product X:

\frac{MU_X}{P_X}=\frac{10}{5}

= 2 utils per dollar

Marginal utility per dollar for Product Y:

\frac{MU_Y}{P_Y}=\frac{8}{1}

= 8 utils per dollar

Here, the utility-maximizing rule suggests that this consumer should consume more of product Y and less of product X.

4 0
4 years ago
Tampa Company manufactures and sells one product. The following information pertains to each of the company's first three years
ASHA 777 [7]

Variable costs change based on the amount of output produced. Variable costs may include labor, commissions, and raw materials.

Fixed costs remain the same regardless of production output. Fixed costs may include lease and rental payments, insurance, and interest payments.

<h3>What are variable costs examples?</h3>

Variable costs are costs that change as the volume changes. Examples of variable costs are raw materials, piece-rate labor, production supplies, commissions, delivery costs, packaging supplies, and credit card fees. In some accounting statements, the Variable costs of production are called the “Cost of Goods Sold.”

<h3>What is fixed cost with example?</h3><h3>Examples of Fixed Costs</h3>

Fixed costs include any number of expenses, including rental lease payments, salaries, insurance, property taxes, interest expenses, depreciation, and potentially some utilities. For instance, someone who starts a new business would likely begin with fixed costs for rent and management salaries.

Learn more about variable and fixed costs here:

<h3>brainly.com/question/6838514</h3><h3 /><h3>#SPJ4</h3>
4 0
2 years ago
Kara Fashions uses straight-line depreciation for financial statement reporting and MACRS for income tax reporting. Three years
horrorfan [7]

Answer:

A. Credit $5,000

B. Dr Income tax expense $1,005,000

Cr Income tax pay$1,000,000

Cr Deferred tax liability $5,000

Explanation:

Calculation for What is the deferred tax liability to be reported in the balance sheet

Deferred tax liability=[ (400,000-300,000)*.25]-20,000

Deferred tax liability=($100,000*.25)-$20,000

Deferred tax liability=$25,000-$20,000

Deferred tax liability=$5,000 Credit

Therefore the deferred tax liability to be reported in the balance sheet will be $5,000 Credit

B. Preparation of the appropriate journal entry to record income taxes this year.

Dr Income tax expense $1,005,000

Cr Income tax pay$1,000,000

(4million *.25)

Cr Deferred tax liability $5,000

5 0
3 years ago
Which is the best definition of insurance:
vitfil [10]

Answer:

I'm trying to decide between B and D, but I think it's D

Explanation:

Insurance does cost a lot, but it's so you have a bit more protection if something happens.

For example:

Let's say you get into a car accident, and you need to stay in the hospital to recover, because you broke a bone, and afterward, you need a prescription of pain medicine. Insurance would pay for your hospital stay I believe, and also pay for part of your prescription. But it costs a lot of money, and your prescription might be really expensive, and there might have been something with your hospital stay that insurance didn't pay for. So basically, Insurance costs a lot, but doesn't pay for much (answer D).

4 0
3 years ago
Rossdale Co. stock currently sells for $73.09 per share and has a beta of 1.23. The market risk premium is 7.00 percent and the
Alex73 [517]

Answer:

Explanation:

The cost of equity can be estimated using two (2) different models:

  1. <em>The Dividend Valuation Model</em>
  2. <em>The capital asset pricing model (CAPM)</em>

<em>The Dividend Valuation Model(DVM) is a technique used to value the worth of an asset. According to this model, the value of an asset is the sum of the present values of the future cash flows would that arise from the asset discounted at the required rate of return.  </em>

The model is stated below as follows

P = D(1+g)/ke-g)  

<em>The capital asset pricing model (CAPM): relates the price of a share to the market risk or systematic risk. The systematic risk is that which affects all the all the economic agents, e.g inflation, interest rate e.t.c </em>

<em>This model is considered superior to DVM. Hence, we will use the CAPM</em>

Using the CAPM , the expected return on a asset is given as follows:

E(r)= Rf +β(Rm-Rf)

E(r) =? , Rf- 2.86%, Rm-Rf - 7.00 β- 1.23

E(r) = 2.86% + 1.23× 7%

= 2.86% + 8.61%

= 11.47 %

Cost of equity= 11.47 %

5 0
3 years ago
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