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Harrizon [31]
3 years ago
7

​Virginia's Ron McPherson Electronics Corporation retains a service crew to repair machine breakdowns that occur on an average o

f λ ​= 4 per​ 8-hour workday​ (approximately Poisson in​ nature). The crew can service an average of µ ​= 10 machines per​ workday, with a repair time distribution that resembles the negative exponential distribution. ​
a. The utilization rate of this service system​ =___________. ​
b. The average downtime for a broken machine =​ ______________
c. The average number of machines waiting to receive service at any given time​ = ____________ ​
d. The probability that there is more than one machine that is in the system​ = ____________
Business
1 answer:
Aloiza [94]3 years ago
7 0

Answer:

(a) The utilization rate = 50%

(b) The average down time = 2 hours

(c) Average number of machines waiting = 0.5 Machines

(d) Pn>1   = 0.25

Explanation:

Given that:

Arrival Rate= λ ​= 4 per​ day

Service Rate = μ = 8 hour per day

Now,

a)

The utilization rate of this service system  is given as;

The utilization rate =  λ / μ

                               = 4/8

                                = 0.5 = 50%

b)

The average downtime for a broken machine  is calculated as;

The average down time = 1/( μ- λ)

                                         = 1/(8-4)

                                         = 1/4

                                         = 0.25 days

It is given that work day = 8 hours

Therefore, 0.25*8 = 2 hours

c)

Average number of machines waiting to be serviced at any given time  is calculated as;

Average number of machines waiting = λ²/(μ*(μ-λ))

                                                               = 4²/(8*(8-4))

                                                               = 16/32

                                                                = 0.5 Machines

d) The probability that more than 1 machine is in the system  is calculated as;

Pn>k = (λ/μ)^k+1

where k number of machine = 1 machine

Pn>1 = (4/8)¹⁺¹

         =(4/8)²

         = 0.5²

         = 0.25

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Answer:

 Strategy of company concerns are explained as the action plan management,and organisational objectives.

Explanation:      

A.  A more appealing product needs to be offered to rivals for new product.

B. planning of money.

C.  action plan for management function for achieving superior profitability.

D. The company should pursue, the long-term direction management.

E. conservative defense to project

    The action plan management of the company is taking to:

A.  role out a market position,  to attract and satisfy customers, successfully,

perform the operations, and achieve all objectives.

B. conduct a sustainable competitive method and compete against rivals.

C. make your product offering more different and appealing for buyers.

D. conduct the operations.

Organizational objectives are achieved by the following methods:

A. strategic intent

B. statement of the mission.

C. plan of action.

D. business module.

E. strategic vision.

The objectives requires well groomed management to strive to:

A. match your rival businesses products and quality dimensions.

B. short-term success and build profit.

C. realignment in the market.

D. developing lasting success.

E. re-create the bussiness models.

To improve performance, for different avenues:

A. lowering the operating profit margins than rivals to drive sales

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B. achieving analogous of the products.

C. pursing similar personalized customer service or quality dimensions as rivals.

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4 0
4 years ago
On Jan 5, a customer returned merchandise that had been purchased earlier on credit. The original sale was for $500, and the cos
Elodia [21]

Answer:

Debit Sales Returns and Allowances $500; debit Merchandise Inventory $150; credit Accounts Receivable $500; and credit Cost of Goods Sold $150.

Explanation:

Based on the information given the required appropiate journal entry to record the return on the books of the seller, in a situation were the goods can be sold to another customer is :

Debit Sales Returns and Allowances $500

Debit Merchandise Inventory $150

Credit Accounts Receivable $500

Credit Cost of Goods Sold $150

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6 0
3 years ago
Sheridan Company had the following assets on January 1, 2022. Item Cost Purchase Date Useful Life (in years) Salvage Value Machi
Vlad [161]

Answer:

Jan 1

Dr Accumulated depreciation equipment 64,000

Cr Equipment 64,000

June 30

Dr Depreciation expenses 3,000

Cr Accumulated depreciation equipment 3,000

June 30

Dr Cash 11,300

Dr Accumulated depreciation equipment

37,300

Cr Gain on disposal 25,600

Cr Equipment 23,000

Dec 31

Dr Depreciation expenses 3,300

Cr Accumulated depreciation truck 3,300

Dec 31

Dr Loss on disposal of truck 9,600

Dr Accumulated depreciation 19,800

Cr Equipment 23,400

Explanation:

Sheridan Company Journal entries

Jan 1

Dr Accumulated depreciation equipment 64,000

Cr Equipment 64,000

June 30

Dr Depreciation expenses 3,000

Cr Accumulated depreciation equipment 3,000

June 30

Dr Cash 11,300

Dr Accumulated depreciation equipment

($23,000+$3,000+$11,300) 37,300

Cr Gain on disposal 25,600

Cr Equipment 23,000

Dec 31

Dr Depreciation expenses 3,300

($29,400-$3,000)/8

Cr Accumulated depreciation truck 3,300

Dec 31

Dr Loss on disposal of truck 9,600

($29,400- $19,800)

Dr Accumulated depreciation 19,800

($3,300×6)

Cr Equipment 23,400

8 0
3 years ago
Sheridan Company reports the following information (in millions) during a recent year: net sales, $17,371.2; net earnings, $481.
jeka57 [31]

Answer and Explanation:

The computation is shown below:

As we know that

1. Return on assets is

= Net income ÷ avg total assets

where,

Avg total assets is

= (opening total assets + closing total assets) ÷ 2

= ($6,806.4 + $6,899.2) ÷ 2

= $6,852.8

Now return on asset is

= $481.6 ÷ $6,852.8

= 7.0%

2.  Assets turnover ratio = net sales ÷ avg total assets

= $17,371.2 ÷ $6,852.8

= 2.5 times

3.  Profit margin = net income ÷net sales

= $481.6 ÷ $17,371.2

= 2.8%

8 0
3 years ago
Dima called her friend to tell her that she saved 30% on her new skirt at a discount store. Her friend told her that she could h
FromTheMoon [43]

If the original price of Dima’s skirt was $54, the amount that she have saved at the store was option(b)i.e, $1.80.

Let's just take the sales price of the skirt Dima purchased from the discount shop as the rate of the other retailer is not provided.

Original price: $54

Discount rate: 30%

$54 x 30% = $16.20 value of the discount

$54 - 16.20 = $37.80 discounted price.

Since Dima's friend told her she could have had a better deal at a different store, this means that the discount rate is higher than 30%. i.e, the discount is 33.33%

$54 x 33.33%  = $17.99 value of the discount

$54 - 17.99 = $36.00 discounted price.

Discount store: $37.80

Different store: $36.00

The different store sales price is cheaper by $1.80

Therefore, she could have saved $1.80 at the store her friend suggested.

To know more about discount rate refer to:  brainly.com/question/13660799

#SPJ1

6 0
2 years ago
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