λ=3
, mu = 5
<u>Explanation</u>:
λ=3
mu = 5
states
0 - no customers
1- 1 customre
2 - 2 customers
Set up Equations
Rate of entry = Rate of exit
5P1 =3P0
5P2 + 3P0 = 5P1 + 3P1
3P1 = 5P2
P0 + P1 + P2 = 1
solve the above
1a) = 0 into P0 plus 1 into P1 plus 2 into P2
b) λ ( 1 minus P2) by λ = 1 - P2
c) change the paramater mu = 5 into 2 and solve a) again
Answer:
has continued right up to the present
Explanation:
Specialization refers to workers focusing on a single task and perfecting that task alone instead of doing various tasks at the same time. Growth of specialization in the kinds of jobs people hold has continued right up to the present. One of the reasons for this is that companies prefer individuals that are highly skilled on the specific task that they need done and that will be able to do it in the most efficient way possible.
The business cycle graph demonstrates the short-term variations in the economy.
When real output declines for at least two quarters in a row, the economy is in a recession (real GDP). Depression is a long-lasting, severe recession.
Every country's economy has expansionary and contractionary eras. The levels of employment, productivity, as well as the overall demand and supply of the country's goods and services, all contribute to these shifts. The variations of the economy between times of expansion (growth) and contraction are referred to as the "economic cycle" (recession). The present stage of the economic cycle can be determined using variables like gross domestic product (GDP), interest rates, total employment, and consumer expenditure.
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Criticism can be looked at in many different perspectives. Criticizing on one subject by looks may not bother you, but criticism about your athletic ability might make you feel negative about yourself. For me personally, I attempt to ignore the criticism and if not I express it to my friends.
The statement that the percent sales method for estimating bad debts for a company, will only use those balances in the income statement is False.
<h3>What is the percent of sales method?</h3>
The percent of sales method is one of the methods that companies can use to estimate the bad debts that it expects in a given period. Bad debts refer to those Account Receivables that will not pay the company back even after they have taken goods or services on credit. In order to be able to use the percent of sales method, the sales of a company need to be known.
The sales that a company makes includes both the sales that the company made and the accounts receivable. The Accounts Receivables go to the Balance Sheet and Sales go to the Income Statement. This means that the Balance Sheet balances are used as well as Income Statement balances and not just the latter.
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