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Dominik [7]
3 years ago
14

Students arrive at the Administrative Services Office at an average of one every 15 minutes, and their requests take on average

10 minutes to be processed. The service counter is staffed by only one clerk, Judy Gumshoes, who works eight hours per day. Assume Poisson arrivals and exponential service times.
Required:
a. What percentage of time is Judy idle?
b. How much time, on average, does a student spend waiting in line?
c. How long is the (waiting) line on average?
d. What is the probability that an arriving student (just before entering the Administrative Services Office) will find at least one other student waiting in line?
Business
1 answer:
Otrada [13]3 years ago
6 0
B how much time on a stage does a a student spend waiting in line
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The Bear Rug has sales of $811,000. The cost of goods sold is equal to 63 percent of sales. The beginning accounts receivable ba
irina1246 [14]

Answer:

The average collection period is 17.78 days.

Explanation:

In this question, we have to first compute the average receivable turnover ratio.  

The formula of the average receivable turnover ratio is shown below:

= Net credit sales ÷ Average accounts receivable

where,

Net credit sales are $811,000

And, the average accounts receivable equals to

= Beginning account receivable + ending accounts receivable ÷ 2

= $41,000 + $38,000 ÷ 2

= $39,500

So, the average receivable turnover ratio equals to

= $811,000 ÷ $39,500

= 20.53

Now, we calculate the average collection period, the formula is shown below

= Total Number of days in a year ÷ average receivable turnover ratio

= 365 ÷ 20.53

= 17.78 days.

Hence, the average collection period is 17.78 days.

3 0
3 years ago
Religuard is a pharmaceutical company that has factories in Taiwan. Due to environmental regulations in the country becoming str
dezoksy [38]

Answer:

B. social and political pressures

Explanation:

The forces that forced Religuard to shut down most of its manufacturing units are social and political pressures. This is simply forces created by social and political events occurring in the geographical location of the units in question. Some examples of these forces are changes in laws, climate change concerns in the population, protests, etc. In this scenario, the forces affecting the company are changes in environmental regulations.

8 0
3 years ago
As a result of the seizing up of the capital markets in 2008, and the shutting down of the CMBS market specifically, life insura
SCORPION-xisa [38]

Answer:

The statement given is TRUE:

Explanation: Most of CBMS left in 2008, there was vacuum that was left. Banks just decided to clean up their balance sheets, and did not participate. The life insurance companies took advantage of this period and increased their origination and thus increased the lending to this sector where there was a huge vacuum.

6 0
3 years ago
which what-if analysis tool is the best option for complex calculations requiring constrained optimization?
DiKsa [7]

The what-if analysis tool would be the most adequate choice for intricate calculations that need contrived optimization:

b). Scenario manager

  • 'What-if analysis tool' is described as the tools that are employed to alter the values present in the cells.
  • It is done to observe the effect of changing the values impact the results produced by the used formula.
  • The what-if analysis tools have been categorized into three distinct types:
  • a). Scenarios.
  • b). Goal Seek.
  • c). Data Tables.
  • As per the question, in order to opt for complex calculations, 'Scenarios' what-if analysis would be most adequate as they examine a number of variables and set of numbers/values that affect the outcome.

Thus, <u>option b</u> is the correct answer.

Learn more about 'what-if tool' here:

brainly.com/question/14830872

8 0
1 year ago
You currently have $5,400. First United Bank will pay you an annual interest rate of 8.9, while Second National Bank will pay yo
IRISSAK [1]

Answer:

Second National  Bank

Present value (PV) = $5,400

Future value (FV) = $13,900

Interest rate (r) = 10% = 0.10

FV = PV(1 + r)n

$13,900 = $5,400(1 + 0.10)n    

<u>$13,900</u> = (1.10)n

$5,400            

2.574074074 = (1.10)n

Log 2.574074074 = n  log 1.10

<u>Log 2.574074074</u> = n  

Log 1.10                  

n =  9.9 years      

None of the answers is correct                                                                                                                                                          

Explanation:

In this case, we will apply the formula of future value of a lump sum. The present value, interest rate and future value were provided with  the exception of number of years. Thus, the number of years becomes the subject of the formula. The future value equals present value, multiplied                     by 1 plus interest rate, raised to power number of years.                                                                                                                                                                                                        

8 0
3 years ago
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