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
zalisa [80]
3 years ago
8

An infinite population in waiting line management refers to a population that is large enough in relation to the service system

so that the change in population size caused by subtraction or additions to the population does not significantly affect the system probabilities.
A. True
B. False
Business
1 answer:
Viktor [21]3 years ago
6 0

Answer:

A) True

Explanation:

Calling population is the population of potential customers.Calling population can either be an infinite population or a finite population. To determine the difference between finite and infinite population, is their respective arrival rates as well as its effect in the system.

In an infinite population, its arrival rate is usually not affected by the number of customers already in the system. The system here, is an open system because customers arrive outside the system and leave the system only after the work has been completed. But in a finite population, its arrival rate is usually affected by the number of customers in the system. The system here, is a closed system and therefore, customers do not leave the system but only navigates from one server or queue to another.

You might be interested in
What are complex information systems that support end-to-end business processes? Functional systems Accounting systems Enterpris
Cloud [144]

Answer:

Enterprise systems

Explanation:

Enterprise Resource planning (ERP) system has enterprise -wide integration and it is integrated end to end business departments and Business units. It interconnects different business segment or department. It helps a department / segment of business to support other departments / segments of the business.

4 0
3 years ago
A company purchased a computer system at a cost of $34,000. The estimated useful life is 8 years, and the estimated residual val
Iteru [2.4K]

Answer:

Year 2= $4,687.5

Explanation:

Giving the following information:

Purchase price= $34,000

Useful life= 8 years

Salvage value= $9,000

<u>To calculate the depreciation expense under the double-declining-balance, we need to use the following formula:</u>

<u></u>

Annual depreciation= 2*[(book value)/estimated life (years)]

Year 1= [(34,000 - 9,000)/8]*2= $6,250

Year 2= [(25,000 - 6,250)/8]*2= $4,687.5

3 0
3 years ago
At the end of the prior annual reporting period, Mesa Industries's balance sheet showed the following:
Angelina_Jolie [31]

Statement of Stockholder's equity

         

  Common stock   Paid in capital   Retained earnings   Total stockholder's equity

  Shares   Amount      

Balance as of December 31, prior year             6,300  $  63,000.00  $  20,000.00  $       47,000.00  $   1,30,000.00

Add: Net income         $       51,000.00  $       51,000.00

Less: Dividends declared         $     (18,900.00)  $     (18,900.00)

Stock issue             2,000  $  20,000.00  $  30,000.00    $       50,000.00

Balance as of December 31, Current year           $   2,12,100.00

Dividend = $326x 46000shares = $1196,000

Stockholders' equity refers back to the belongings final in a business once all liabilities had been settled. This figure is calculated by using subtracting overall liabilities from the total property; alternatively, it could be calculated by using taking the sum of percentage capital and retained profits, less treasury stock

.Stockholders equity (additionally called Shareholders equity) is an account on an agency's stability sheet that consists of percentage capital plus retained income. It additionally represents the residual fee of property minus liabilities.

Learn more about stockholders here;

brainly.com/question/14032844

#SPJ4

6 0
2 years ago
The Manda Panda Company uses the allowance method to account for bad debts. At the beginning of 2018, the allowance account had
amid [387]

Answer:

a. Does this situation describe a loss contingency? Explain.

Allowance for doubtful accounts are a loss contingency since they mar or may not happen, but the company has to account for them.

b. What is the bad debt expense that Manda Panda should report in its 2018 income statement?

total bad debt expense = total sales x 3% = $3,150,000 x 3% = $94,500

c. Prepare the appropriate journal entry to record the contingency.

Dr Bad debt expense 94,500

    Cr Allowance for doubtful accounts 94,500

d. What is the net realizable value (book value) Manda Panda should report in its 2018 balance sheet?

ending balance of accounts receivable = $537,500 - $94,500 = $443,000

5 0
3 years ago
Jobs, Inc. has recently started the manufacture of Tri-Robo, a three-wheeled robot that can scan a home for fires and gas leaks
Tems11 [23]

Answer:

case 1: when $405,000 fixed overhead cost can be avoided

make buy net income

direct material

994700 0 994700

direct labor 832300 0 832300

variable overhead 101500 0 101500

fixed overhead 600000 195000 405000

purchase price 0 2314200 (2314200)

total 2528500 2509200 19300

YES,jobs should accept the offer because it results in saving of $19300

CASE 2: when no fixed overhead can be avoided

make buy net income

direct material 994700 0 994700

direct labour 832300 0 832300

variable overhead 101500 0 101500

fixed overhead 600000 600000 0

opportunity cost 375000 0 375000

purchase price 0 2314200 (2314200)

total cost 2903500 2914200 (10700)

NO, jobs shold not accept the offer because it results in loss of $10700

4 0
3 years ago
Other questions:
  • Hilton's hhonors is an example of a _____, which is specifically designed to retain customers by offering premiums or other ince
    8·1 answer
  • If you are looking for a guaranteed steady stream of income, you should invest in
    6·2 answers
  • Manufacturing businesses can be classified according to their ___________, or how much they use machinery instead of people to p
    9·2 answers
  • Breakmorning Corporation produces a product that requires 2.6 pounds of materials per unit. The allowance for waste is 0.3 pound
    13·1 answer
  • drew is considering purchasing a new vehicle. What are three things he should review closely on the contract
    11·1 answer
  • The price of a popular cereal was just reduced. this will most likely _____ the demand for the cereal. increase decrease keep co
    10·2 answers
  • Joe, the owner of ABC Electronics, just discovered that his trusted friend Paul, his accountant for over 30 years, has been mish
    14·1 answer
  • What might be an example of corporate social responsibility
    11·2 answers
  • Under the UCC Sales Article, which of the following statements is correct concerning a contract involving a merchant seller and
    10·1 answer
  • Which section of a budget would the monthly electric bill best belong in?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!