Answer:
Average number of customers in a system = 2.25 Customers
Explanation:
Given:
Customers arrive rate (a) = 15 per hour
Customers service rate (b) = 20 per hour
Average number of customers in a system = ?
Computation of average number of customers in a system:
Average number of customers in a system = 2.25 Customers
Answer:
The answer is: The Capacity Utilization Rate of the company is 25%
Explanation:
To calculate the capacity utilization rate (CU rate) of a company, you must divide the current level of output of the company by the maximum level of output possible, and then multiply by 100 to get a percentage rate.
CU rate = (current level of output / maximum level of output) x 100
The current level of output is 120 frames per day, so we divide 120 by 480 (which is the maximum level of output possible) and we get 0.25, then we multiply by 100 to get 25%.
CU rate = (120/480) x 100 = 25%
Answer:
Loss $180,000
Explanation:
Accounts Receivable $6,000,000
Factor fees 3%*6,000,000 $180,000
Loss of $180,000 will be recorded for transfer of receivable without recourse to the factor.
Answer: 17 points
Explanation:
The Opportunity cost in this case is the amount of points that Jose has to forgo for picking one alternative.
If Joe had picked strategy B which would give Jose 90 points on statistics then that means that Jose would not have picked strategy A which gave a 94 in Economics.
Therefore instead of getting a 94, Jose would get a 77. The opportunity cost is therefore;
= 94 - 77
= 17 points