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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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Crusoe Waterworks Company provides plumbing services. Transactions of Crusoe Waterworks during the first year of operations are
Tanya [424]

Answer:

$7,700

Explanation:

Equity of a company is Total Assets minus Total liabilities. Equity is the business worth for shareholders. For Crusoe Waterworks Company the equity will be the initial capital investment by Robin Crusoe plus any revenue received from the business operations.

The equity will be calculated by,

Equity = Capital Investment + Revenue - Expense

Equity = $5,000 + $3,400 - $700

5 0
3 years ago
A U.S. Treasury bond pays a 4.5% coupon rate, has a $1,000 par value, and matures 30 years from now in 2050. The bond’s bid quot
VLD [36.1K]

Answer:

yield of maturity =3.60 %

Explanation:

given data

face value FV = $1000

coupon rate r = 4.5%

no of compounding peryear = 2

time period t = 30 year

solution

first we get here interest per period that is PMT

PMT = FV × r  ÷ 2

PMT = 1000 × 4.5%  ÷ 2 = 23

now we get here bond value that is

bond value = 1000 × (116 + \frac{12}{32} )%

bond value = 1163.75

and

number of compound period till the maturity will be NPER

NPER = no of compounding peryear × time period  

NPER = 30 ×  2 = 60

so now we get here yield of maturity by excel formula that is

yield of maturity = RATE(NPER,PMT,-PV,FV) × 2

yield of maturity = RATE(60,22.5,-1163.75,1000) × 2

yield of maturity =3.60 %

4 0
3 years ago
A CFO’s responsibility is to manage financial risk, and that covers which other element?
kow [346]

Answer:

b.All the information and data in the company.

Explanation:

A CFO is the Chief financial officer is an organization.  He or she is responsible for the company's financial risks, management, and reporting.  The CFO evaluates a company's financial opportunities against its threats and manages the lower level finance managers.  

Since the CFO is responsible for the organization's finances, he or she supervises the preparation and presentation of financial reports. The CFO  guarantees the accuracy of the data reported. He or she ensures that the data used in the preparation of the reports is safely stored within the organization.

5 0
3 years ago
Inga invested part of her $6000 savings in common stock and the rest in rare stamps. At the end of the year, she realized a gain
kherson [118]

Answer:

The amount Inga invested in stamps is $2,500.

Explanation:

Let x represents the amount invested in common stock. Therefore, we have:

Amount invested in common stock = x

Amount invested in stamps = 6000 - x

Rc = Rate of gain from common stock = 9%, or 0.09

Rs = Rate of gain from common stock = 12%, or 0.12

Amount of saving now = $6615

Therefore, we have

Amount of saving now = (x * (1 + Rc)) + ((6000 - x) * (1 + Rs)) ………….. (1)

Substituting all the relevant values into equation (1) and then solve for x, we have:

6615= (x * (1 + 0.09)) + ((6000 - x) * (1 + 0.12))

6615 = (x * 1.09) + ((6000 - x) * 1.12)

6615 = 1.09x + (6720 - 1.12x)

6615 = 1.09x + 6720 - 1.12x

6615 - 6720 = 1.09x - 1.12x

-105 = -0.03x

x = -105/-0.03

x = 3,500

Therefore, we have:

Amount invested in stamps = 6000 - x = $6,000 - $3,500 = $2,500

Therefore, the amount Inga invested in stamps is $2,500.

5 0
3 years ago
The GDP price index equals _____. rev: 04_09_2018 Multiple Choice nominal GDP divided by real GDP gross private domestic investm
Sphinxa [80]

Answer: nominal GDP divided by real GDP

Explanation:

The gross domestic price index is also referred to as the gross domestic price deflator and it is used to measure the level of prices new goods and services that are domestically produced in an economy taken into consideration of inflation or deflation.

The gross domestic price index or the gross domestic price deflator is calculated as the nominal GDP divided by the real GDP.

8 0
3 years ago
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