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mr_godi [17]
3 years ago
13

Sonny's Super Market has installed a self-service checkout counter, and wishes to understand how this has affected customer serv

ice. Shoppers arrive on average the rate of one every other minute (Poisson distribution). Each shopper takes an average of 84 seconds to use the checkout, and that time is exponentially distributed. a. Calculate how long it takes, on average, for a shopper at the self-service counter, including how long they wait in line and how long it takes them to do their own checkout.'
Business
1 answer:
valina [46]3 years ago
5 0

Answer:

The Expected time a customer spends in the system is 4

Explanation:

According to the given data we have the following:

Arrival rate A = 1 every other minute = 30/hour or (30/60) per minute

Service rate S = 84 seconds = 60×60/84= 42.86 customers per hour

System utilization factor P = A/S = 30/42.86 = 0.699

Length of the system L = P/(1-P) = 0.699/(1-0.699) = 2.322

Therefore, Expected time a customer spends in the system = L/A = 2.322/(30/60) = 4.644=4

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A company has outstanding 20-year noncallable bonds with a face value of $1000, and 11% annual coupon, and a market price of $1,
Helen [10]

Answer:

8% and 4.8%

Explanation:

In this question, we use the Rate formula which is shown in the spreadsheet.  

The NPER represents the time period.  

Given that,  

Present value = $1,294.54

Future value or Face value = $1,000  

PMT = 1,000 × 11% = $110

NPER = 20 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative  

So, after solving this,  

1. The pretax cost of debt is 8%

2. And, the after tax cost of debt would be

= Pretax cost of debt × ( 1 - tax rate)

= 8% × ( 1 - 0.40)

= 4.8%

6 0
3 years ago
Throughout this course Dr. Jude has provided you with a variety of examples of the Presentation Zen approach to presentation des
Iteru [2.4K]

Answer:

b. Behavior modeling

Explanation:

Behaviour modeling is defined as a learning process where a person is shown how to do something and they are assisted to imitate the model shown.

In this type of model a person can learn through observation of the model. He now imitates what has been seen.

In the given scenario Dr. Jude has provided a variety of examples of the Presentation Zen approach to presentation design and delivery in action.

She designed her lectures/instructor commentaries using this approach and the DMP2 and DMP3 example projects also used the Presentation Zen approach. This is aimed at showing a model that should be imitated.

8 0
3 years ago
Metzler Communications designs and programs a website for a local business. Metzler charges $33,000 for the project, and the loc
Grace [21]

Answer and Explanation:

1. The Journal entry is shown below:-

Notes receivable Dr, $33,000

        To Sales revenue $33,000

(Being sales is recorded)

2. The computation of interest is shown below:-

Interest = $33,000 × 4% × 6 ÷ 12

= $660

3. The Journal entry is shown below:-

Cash Dr, $33,660

       To Interest income $660

       To Notes receivable $33,000

(Being collection of notes receivable is recorded)

3 0
3 years ago
What is one way a market economy affects the lives of private citizens
vovikov84 [41]

Freedom of individual choice is possible to the extent that the market provides options for work, developing a business, and purchasing goods and services (so long as you can afford them).

Hope this helps :)

3 0
3 years ago
In the past, manufacturer's representatives did not have real-time inventory data about the products they were selling. Today, m
Airida [17]

Answer:

sharing information across the organization.

Explanation:

ERP software systems allow employees accurate and timely access to real time information about the company's areas that they work with. This can optimize how the company operates and increase cooperation between different areas. Also unnecessary operations and delays are eliminated.

Before, salespeople had to continuously check with inventory department about what products were available and ready to be sold, which caused delays and time is money.

6 0
3 years ago
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