1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
8_murik_8 [283]
3 years ago
13

There are three consecutive steps in a customer service process. The first two steps are each capable of serving 25 customers pe

r hour while the third step can process only 20 customers per hour. How do you describe this system ?
Business
1 answer:
MakcuM [25]3 years ago
3 0

Answer:

If the first two steps are run at full​ capacity, then the third step has a waiting line.

Explanation:

Waiting line is defined as a line of people or vehicles waiting for something. Hence, if the first two step runs in a full capacity been able to serve 25 customers per hour. Meaning for each hour 50 customers will be attended to by the two, then the third will surely be on a waiting line.

You might be interested in
Ben works at a top accounting firm in Salt Lake City and his responsibilities include developing reports for each salesperson, p
kipiarov [429]

Answer:

Information granularities

Explanation:

Information granularities refers to the level of detail used in modelling of situations or straight decision making process.

It also refers to the extent of detail within the information (fine and detailed or coarse & abstract).

3 0
3 years ago
A bank has written a call option on one stock and a put option on another stock. For the first option the stock price is 50, the
iris [78.8K]

Answer:

10-Day 99% VaR = 3.61

Explanation:

Data Given:

For First Option:

Stock Price = 50

Strike Price = 51

Volatility = 28% per annum

Time to maturity = 9 months

For Second Option:

Stock Price = 20

Strike Price = 19

Volatility = 25% per annum

Time to maturity = 12 months or 1 year

Risk Free Rate = 6% per annum

Correlation = 0.4

Find 10-day 99% VaR.

Solution:

First of all we need to refer the DerivaGem Model to dig out the change in price equation for both the options.

So, according to DerivaGem Model, We have following data:

For First Option:

Value  = -5.413

Delta Value = -0.589

For Second Option:

Value = -1.014

Delta = -0.284

Change in Price = (Delta value of First Option x Stock Price)Y1 + (Delta value of the second option x Stock Price)Y2

Change in Price = (-0.589 x 50)Y1 + (-0.284 x 20)Y2

So, We will get the Change in Price Linear Equation for both the options.

Change in Price = -29.45Y1 -5.68Y2

Now, we have to calculate the Daily Volatility Percentage.

Formula:

Daily Volatility Percentage = Volatility/ Square root of number of days active in annum

Number of Days Active = 252

Volatility for First Option = 28%

Volatility for Second Option = 25%

Daily Volatility Percentage for First Option = 28%/\sqrt{252}

Daily Volatility Percentage for First Option = 0.0176

Similarly,

Daily Volatility Percentage for Second Option = 25%/\sqrt{252}

Daily Volatility Percentage for Second Option = 0.0157

Now, utilizing the above calculated data, we can find the one-day variance of change in price.

1-Day Variance =(29.45^{2} *0.0176^{2}) + (5.68^{2} * 0.0157^{2}) - (2 * 29.45 * 0.0176 * 5.68 * 0.0157 * 0.4)

Solving the above equation:

We get:

1-Day Variance = 0.2396

Now, we have to find the standard deviation of 1-Day Variance:

SD of 1-Day Variance = \sqrt{0.2396}

SD of 1-Day Variance = 0.4895

So,

Now, in order to find the value of one day 99% VaR from the table, we have all the prerequisites.

So,

Value of One day 99% VaR from table = 2.33

But we need 10-Day 99% VaR.

So, number of days = 10

Hence,

10-Day 99% VaR = 0.4895 * 2.33 * \sqrt{10}

10-Day 99% VaR = 3.61

8 0
2 years ago
Ginocera Inc. is a designer, manufacturer, and distributor of custom gourment kitchen knives. A new kitchen knife series called
skad [1K]
To start of you need to divide them all by an equal number then subtract find the common variable multiple then and then ya
7 0
3 years ago
Match the terms to their definitions.
Irina-Kira [14]

The question requires matching the terms to their definitions.

  • <u>Hiring</u> is the process of employing (someone) for wages.

  • <u>Recruitment</u> is the process of finding new people to join an organization.

  • <u>Job Description</u> informs applicants about the responsibilities and required qualification.

  • <u>Recruitment Plan</u> is the process of integrating a new employee into an organization, maps out the strategy for attracting skilled employees and obtaining applications from a diverse workforce.

  • <u>Offer</u> is a proposal put forward by an employer to a prospective employee.

  • <u>References</u> serve the purpose of gathering information about a prospective employee from previous employers.

  • <u>Types of Recruitment</u>: internal (employees within the company) and external (people outside the company).

  • <u>Compensation</u> the money the employee will receive as a salary or wages.

  • <u>Interview</u> a face to face meeting between an employer and a job applicant.

Read more:

brainly.com/question/17850173

8 0
2 years ago
Elon Musk is the product architect who developed the famous Tesla electric car. This car is one of several ideas and businesses
snow_tiger [21]

Answer:

The correct answer is innovative.

Explanation:

In business terms, innovation is something that is not often seen, since many for fear of risk and investment do not dare to generate new things. The comfort of continuing with what is already established is the enemy of innovation. But this attitude of facing business also has complications, since the lack of innovation and risk can end a company.

5 0
3 years ago
Other questions:
  • According to the rule of 72, if the GDP of the Apex Federation is growing at 1.7% per year, its economy will double in approxima
    6·1 answer
  • Hilton Hotels wishes to conduct a study on the determinants of brand loyalty among Hilton Hotel customers. The Hilton organizati
    11·1 answer
  • equirement 1. Post the journal entries to the​ T-accounts. Use the dates as posting references in the​ T-accounts. We will post
    8·1 answer
  • Which of the following promises does NOT have to be evidenced by a writing in order to be enforceable? a. Jones's agreement with
    12·1 answer
  • Please help will give brainliest
    9·2 answers
  • The principle of diversification tells us that:
    5·1 answer
  • Explain how investing in training reflects two of the principles of Locke's goal setting theory...
    9·1 answer
  • Consider the following scenario:
    15·1 answer
  • A study has been conducted to determine if Product A should be dropped. Sales of the product total $500,000; variable expenses t
    15·1 answer
  • Find any example of a real project with a real project manager. Feel free to use projects in the media (such as the Olympics, te
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!