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Paha777 [63]
3 years ago
7

Benny the Barber owns a one-chair shop. At barber college, they told Benny that his customers would exhibit a Poisson arrival di

stribution and that he would provide an exponential service distribution. His market survey data indicate that customers arrive at a rate of two per hour. It will take Benny an average of 20 minutes to give a haircut.
a.What is the average number of customers waiting? (Round your answer to 4 decimal places.)


b.What is the average time a customer waits? (Round your answer to nearest whole number.)


c.What is the average time a customer is in the shop?


d.What is the average utilization of Benny's time? (Round your answer to the nearest whole percent.)
Business
1 answer:
Vedmedyk [2.9K]3 years ago
8 0
Idk this one sorrrrrrrrrrrrrrrrry
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The company's Allowance for Doubtful Accounts has a starting debit balance of $45 dollars. They calculate that 1% of current accounts and 10% of accounts older than thirty days are uncollectible.

Doubtful Accounts
A doubtful account is one on which you are due payment but are unsure if your company will actually receive it. To put it another way, the debt is what you might have to write off and take a loss on.
Businesses have questionable accounts for a variety of reasons, including
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Corporate social responsibility definition
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Answer:

Option A is correct.

will earn a higher profit than Bright Nails

Explanation:

If sales of both saloons increases by an equal amount then Hard Nails<u> will earn a higher profit than Bright Nails. </u>

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      Implementation lag may reduce the effectiveness of a policy response or even result in periods of procyclical policy. There is always an implementation lag after a macroeconomic surprise.Policy makers may not ever realize there is a lag due to data lag.

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