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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 equilibrium exchange rate between two currencies is determined by the supply and demand in the, traded goods markets. stock
Ivahew [28]

Answer:

the equilibrium exchange rate between 2 currencies is determined by the supply and demand in the money market

Explanation:

equilibrium exchange rate indicates that the price of exchanging 2 currencies will be stable. equilibrium exchange rate is exchange rate at which the demand for a currency & the supply for the same currency are the same.

7 0
3 years ago
Describe the key stages in integrating total quality management into the strategy of an international petrochemical company
Julli [10]

Answer:

  • Total quality management (TQM) describes a management approach to long-term success through customer satisfaction. In a TQM effort, all members of an organization participate in improving processes, products, services, and the culture in which they work.

Explanation:

If my answer is incorrect, pls correct me!

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8 0
3 years ago
In 2018, Caterpillar Inc. had about 595 million shares outstanding. Their book value was $23.00 per share, and the market price
sashaice [31]

Answer and Explanation:

The computation is shown below;

(a)-Caterpillar’s book debt-to-value ratio

Caterpillar’s book debt-to-value ratio is

= Debt ÷ [Debt + Book Value of Equity]

= $24.80 Billion ÷ [$24.80 Billion + (0.595 Billion Shares × $23.00 per share)]

= $24.80 Billion ÷  [$24.80 Billion + $13.69 Billion]

= $24.80 Billion ÷ $38.49 Billion

= 0.64

(b)- Caterpillar’s market debt-to-value ratio

Caterpillar’s book Market debt-to-value ratio is

= Debt ÷ [Debt + Market Value of Equity]

= $24.80 Billion ÷ [$24.80 Billion + (0.595 Billion Shares × $154.80 per share)]

= $24.80 Billion ÷ [$24.80 Billion + $92.11 Billion]

= $24.80 Billion ÷ $116.91 Billion

= 0.21

(c)-Best measure to determine the company’s cost of capital is the market value  

8 0
3 years ago
Allowance for Doubtful Accounts has a debit balance of $845 at the end of the year (before adjustment), and an analysis of accou
egoroff_w [7]

Explanation:

Given that

Debit balance = $845

Uncollectible receivables = $15,368

The Journal entry is given below:-

1.    Bad debt expenses                                        $16,213

            To, Allowance for Doubtful Accounts                    $16,213

(Being bad dept expenses is recorded)

Note

Computation is shown below:-

Debit balance + Uncollectible receivables

= $845 + $15,368

= $16,213

5 0
3 years ago
Why might a financial advisor suggest donating to a charity? (5 points)
zhannawk [14.2K]

Answer:

A tax break

Explanation:

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4 0
3 years ago
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