Answer:
The Answer is A) 2
Explanation:
Drawing details from the question, the formula for calculating Average Waiting Time under the Single -Server Queue Model is given as:
Average Waiting Time = <u>(Average No of customers waiting in line</u>)
λ
> λ is a mathematical symbol pronounced Lambda and here refers to <em>Rate of Arrival.</em>
> We have Average Waiting Time = 8
> We have λ (Average Rate of Arrival) = 15 People every hour (that is 60 Minutes)
> that is 15/60= 0.25
Therefore λ = 0.25
> Lets assume that Average No. of Customers Waiting in Line is C
Our formula (by substituting the various factors above now becomes
8 = C/0.25
To get, we cross multiply. So we have:
C = 8 x 0.25
C = 2 thefore the Average No. of Customers waiting according to the single-server queue model given the above conditions is 2.
Cheers!
Answer: 11.65%
Explanation:
The $13,241.39 is a future value amount as it is what is to be accumulated in 2 years.
Future value formula therefore applies:
Future value = Current value * ( 1 + interest rate) ^ no. of years
13,241.39 = 10,621.36 * ( 1 + i) ²
(1 + i)² = 13,241.39 / 10,621.36
(1 + i)² = 1.24667556697
1 + i = √1.24667556697
i = 1.116546267 - 1
i = 11.65%
Answer:
Ideally, the amount of the social security payout depends on the average lifetime earning of the residents of the country. The government averages the earning and then finalizes on the amount to be paid by each of the resident. If the payroll tax increases, in the longer run a few workers will get affected but, in the short run the increase has its immediate effect on 92% of the workers. Out of the 92%, 78% have a phase out option whereas 48% of them are under the as-needed scenario.
But, the longer a rate increase is delayed, the higher the increase in lifetime taxes for later generations. Workers born1936–1990 would have higher increases in lifetime taxes under an immediate rate rise, workers born 1996–2005 would generally have higher increases in lifetime taxes under phased increases, and workers born 2006–2015 would have higher increases in lifetime taxes under as-needed increases. The future workers would experience the smallest tax increases under the immediate option. Lifetime taxes for workers born 2011–2015 would rise 16 percent under an immediate increase, 27 percent under phased increases, and 33 percent under as-needed increases.
Thus,The increase in the payroll taxes will increase the cost for the people at different income level, as it is calculated on the basis of the income of the individual. As the women are paid lesser than their male counterparts, it can be said that the male population will be affected more by the increase in the social security payout.
Explanation:
<u>Explanation:</u>
CSR initiative has to be communicated to the employees. As the cafe has permanent workers and part timers. Communication gap may arise as part timers work only a few hours a week they might not be informed which decreases their opportunity of joining the other team members in CSR activity.
Communication can be through word of mouth which spreads over a time and people show interest. Posters can be done with employees performing their volunteer activities that is a better way of communication. Posters can be pasted in cafe walls so the customers will know.
One of the fastest mode of sharing communication is social media. The CSR activities done so far by the firm can be posted in social media and it reaches a wider group of audience.