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LekaFEV [45]
4 years ago
8

The FastFood restaurant on the Main Street has received a lot of complaints during lunch hour regarding its drive-through servic

e. On average 50 cars arrive at the window according to Poisson distribution. A customer is first served by a clerk who takes the customers’ orders. The customer then drives to the window where another clerk collects payments and passes the order to the customer. Both clerks serve the customers at a rate of 1 customer per minute. Assume service time is exponential distributed. Examine the restaurant’s service performance. Specifically, answer the following questions.
(a) Draw a graph and identify the queue(s), server(s), arrival rate (if you have multiple queues, point out rate for each one) and service rate (for each server if there are multiple servers)?

(b) What’s the utilization of the server(s)?

(c) What’s the average number of cars in the system?

(d) What’s the average number of cars waiting in line?
Business
1 answer:
sveta [45]4 years ago
7 0

Answer:(a) 1 customer per 30 minutes (b)0.8 approximately(c) 5 cars (d) 4.2 Approximately

Explanation:

Arrival rate = 50 cars , service rate = 1 customer per minute = 60/ 1 = 60 minutes

Servers = since there are 2 servers 60/2 = 30 minutes

Therefore they service 1 customers per 30 minutes

To calculate the utilization of the servers

= Arrival rate / Service rate

= 50/60

= 0.83

= 0.8 approximately

To calculate the average numbers of cars in the system

ts = Arrival rate /service rate - Arrival rate

= 50 / 60 - 50

= 50 / 10

= 5 cars

To calculate the average numbers of cars waiting in line

ti = Arrival rate ∧2 / service rate ( service rate - Arrival rate )

= 50∧2 / 60 (60 - 50)

= 2,500/ 60 (10)

= 2,500 / 600

= 4.16

= 4.2 cars approximately

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4 years ago
Your firm has taken out a 521,000 loan with 8.6% APR (compounded monthly) for some commercial property. As is common in commerci
Anni [7]

Answer:

The monthly payment will be = $5161.08

The final payment will be: = $413,684.38

Explanation:

From the given information:

Given that:

the loan amount = $521000

The interest rate for the loan is = 8.6% compounded monthly

the loan is being amortized for 15 years

Thus, the firm will be paying the due amount after 15 years

We use the Excel software to find the monthly payment and the final payment.

a. Using the Excel Function  ( =PMT(8.6%/12,15*12,-521000) )

The monthly payment will be = $5161.08

b.Using the Excel Function (=CUMPRINC(8.6%/12,15*12,521000,60,180,1) )

The final payment will be: = $413,684.38

These can be seen in the images attached below.

3 0
3 years ago
A company reported net income of $9,660,000 for the year. There were 4.1 million shares of common stock outstanding at the begin
AURORKA [14]

THE COMPANY'S EARNING PER SHARE FOR THE YEAR WILL BE $2.30 PER SHARE.

Explanation:

FOR CALCULATING EARNING PER SHARE WE HAVE TO USED THE FOLLOWING FORMULA:

EARNING PER SHARE = \frac{NET INCOME}{AVERAGE OF COMMON STOCK}

GIVEN:

NET INCOME = $9,660,000

NO. OF OUTSTANDING SHARE AT BEGINNING OF YEAR = 4,100,000

NO. OF OUTSTANDING SHARE AT END OF YEAR = 4,300,000

AS PER GIVEN FORMULA :

AVERAGE COMMON STOCK OUT  STANDING = \frac{4,100,000+4,300,000}{2} = 4200000 SHARES

NOW WE WILL FIND EARNING PER SHARE USING ABOVE FORMULA:

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6 0
3 years ago
Suppose two companies own adjacent oil fields. Under the two fields is a common pool of oil worth $60 million. For each well tha
AlekseyPX

Answer:

Each company drills two wells and experiences a profit of $22 million.

Explanation:

If each company acts independently and drills two oil wells each they will have a total of 4 wells each worth (60 million ÷ 4= $15 million.

Each company will have two oil wells which equals (2* 15 million = $30 million)

But each company incurs cost of $4 million per well. That is total cost of $8 million.

Therefore the profit for each company will be $30 million - $8 million= $22 million

8 0
3 years ago
Influenza occurs on an annual basis in the United States, with case counts generally peaking during the colder months of the yea
astra-53 [7]

Answer:

Explanation:

Given information is ,

Total influenza case count in the US was 9000000.

Total Population of US is 300000000.

Total number of deaths in the US from all causes =D = 3000000

The number of deaths from as specific virus = The number of death by influenza virus = A =45000.

We have to find the proportional mortality ratio for influenza in 2011.

Formula :

Proportional Mortality Ratio = (Number of deaths from Influenza virus) * 100 / ( Total number of deaths in the Population )

That is ,

Proportional Mortality Ratio =  A/D×100

Now plugging the values = ( 45000 ) × 100 / 3000000

=4500000 / 3000000

= 1.5 %

Out of 100 people death from all causes there is 15 people who died from the influenza virus.

3 0
3 years ago
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