Answer:
Filling rax return is a duty of a personal finance manager
Answer:
(a) 75% (b) 25% (c) 2.25 customers (d) 12 minutes (e) 0.25 (f)0.237
Explanation:
Solution
Given that:
The Arrival rate at Poisson distribution = 15 per hour = λ
The Service rate at exponential distribution = 20 per hour = μ
(a) System utilization = λ/μ = 15 / 20 = 0.75 = 75%
(b) The Probability of zero requests in server = 1 - λ/μ = 1 - 0.75 = 0.25
or
The percentage of time server will be idle = 25%
(c)The expected number of customers waiting to be served = Average number of customers in line = λ^2/μ (μ-λ ) = 225 /20(20-15) = 45 /20 = 2.25
Therefore, it is expected that on an average, 2.25 customers are waiting in line to get served.
(d)The average time customers will spend in system = 1/(μ-λ )
=1/(20 - 15) = 1/5 hours = 12 minutes
(e)The probability of zero customer in system = 1 -λ/μ = 1 - 0.75 = 0.25
(f) The probability of more than 4 customers in the system = (λ/μ)^ 4+1
= (15/20)5 = 0.237
Answer:
To find EMI (P) we know that the yearly EMI for the loan of $20000 for 35 years at an interest of 3.5% is $992 per year.
Therefore upon calculating the loan after the seventeenth year we have $19252
The EMI calculated after the one-third permitted on the seventeenth payment is, therefore: $992*1/3= 992/3=$330
Therefore, the balance calculated after the twenty-seventh instalment = $6150
Therefore the yearly EMI (P) for the loan of $6150 at 4% for the remaining eight years is $900 per year.
Explanation:
To find EMI (P) we know that the yearly EMI for the loan of $20000 for 35 years at an interest of 3.5% is $992 per year.
Therefore upon calculating the loan after the seventeenth year we have $19252
The EMI calculated after the one-third permitted on the seventeenth payment is, therefore: $992*1/3= 992/3=$330
Therefore, the balance calculated after the twenty-seventh instalment = $6150
Therefore the yearly EMI (P) for the loan of $6150 at 4% for the remaining eight years is $900 per year.
A firm may opt to pay millions of dollars for celebrity endorsements in order to signal to consumers that the advertised product is appealing and likely to be popular.
A consumer is defined as an individual or business that consumes or uses goods or services. A customer is a buyer in the economy who buys goods and services and can exist as a consumer or as a sole customer.
Consumers are sometimes contrasted with producers. For example, a company that manufactures toothpaste is a producer. And if you buy this toothpaste, you are a consumer. However, be aware that people often produce and consume the same item.
It is the producers and consumers who buy and sell. Producers create or produce goods and provide services, and consumers buy those goods and services with money. Most people are both producers and consumers.
Learn more about consumers here: brainly.com/question/380037
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Answer:
$56400
Explanation:
The value of ending inventory is $56400 as we sales are 25% above the actual cost of goods sold therefore first we find Cost of goods sold.
Gross profit = Sales - Cost of Goods Sold
G.P = $225000 - CGS
0.25% of CGS = $225000 - CGS
0.25 CGS + 1 CGS = $225000
1.25 CGS = $225000
CGS = $225000/1.25
CGS = $180000
We know that
Opening inventory $75000
Add purchases $161400
Total goods Available for sale $236400
Less: Cost of Good Sold $ 180000
Ending inventory = $56400
