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Elis [28]
3 years ago
14

In many services, the acquisition and allocation of capacity plays a significant role in determining the level of operational re

sponsiveness. Our purpose in studying this case is to develop an understanding of the relationship between capacity allocations and responsiveness. We will also try to gain an appreciation for the role that queuing models play in providing insight for operational decisions. The primary focus of your executive summary should be the following: • Assuming that you have 18 patrol cars, how should you allocate them among the 6 precincts? (Each car can be assigned to only one precinct.) What is the objective that you are trying to achieve when you make your allocation decision? Are there alternative objectives that should be considered? • Why might the actual delays experienced by callers to 911 be different from those predicted by the model that you have used?
Business
1 answer:
yan [13]3 years ago
7 0

<u>Solution and Explanation:</u>

<u>Findings and Conclusions </u>

Under the assumption, we have 18 cars. So now we have 3 extra cars to allocate. For each precinct, we have two options: k and k+1.

1. There are apparent decrease of waiting time in B,D and F after we assigned an extra car to each of them. So we recommend to put the 3 extra cars to B,D and F.

2. If we follow 1. , the longest waiting time in the system is 0.9587 hour, which means we can limit the waiting time in the system into 0.96 hour.

<u>Recommendation </u>

If we were not constrained to only 18 cars,

1. We would recommend to cover the precincts in the order of F, A, D, B, C and E if we consider the percentage of high priority calls as the key factor.

2. We would recommend to cover the precincts in the order of D, B, A, F, C and E, if we consider the number of felonies per Sq. Miles (the travel time would also matter) as the key factor.

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What is the after-tax cost of debt for a firm if it pays at 21% of tax rate, and pays 15% on its debt
FinnZ [79.3K]

Answer:

= 11.85%

Explanation:

After tax cost of debt = (1 - tax rate) x debt

(1 - 0.21) x 15%

0.79 x 15% = 11.85%

5 0
3 years ago
Prepare a multiple-step income statement for Armstrong Co. from the following data for the year ended December 31. Sales, $755,0
Tatiana [17]

Answer:

See explanation

Explanation:

                       Armstrong Co.

          Multi-step Income Statement

  For the year ended, December 31, 20YY

Sales                                              $755,000

<u>Less: Cost of merchandise sold   (330,000)</u>

Gross Profit                                                    $425,000

Less: Operating expenses

Administrative expenses  $35,000

Selling expenses               $50,000

<em><u>Total operating expenses                               $85,000</u></em>

Income from operation                                 $340,000

Other revenue and expenses:

Rent Revenue                    $25,000

interest expense               ($30,000)

<u>Total other revenues (expenses)                      $(5,000)</u>

Income before taxes                                      $335,000

<u>Less: Income Tax                                                     0</u>

Net Income (loss)                                           $335,000

That is the appropriate way to prepare a multi-step income statement

3 0
3 years ago
A company has decided to discontinue a component of its business but, when the reporting period ends, the component has not yet
azamat

Answer: income from operations for the year and the amount by which the component’s fair value less cost to sell is less than book value

Explanation:

Discontinued operations is simply and accounting term which means the parts of the core business of a company that have either been shut down or divested.

With regards to the question, the amount that the company would report as income from discontinued operations would be the income or loss that was gotten from operations, that is revenues, the expenses, gains and the losses and the impairment loss.

Therefore, the correct answer will be option B "Income from operations for the year and the amount by which the components fair value less cost to sell is less than the book value".

5 0
3 years ago
Your catering business sells luncheons and dinners. Luncheons are $1,000 each, and dinners are $2,000 each. You sold 300 meals i
Jet001 [13]

Answer:

140 luncheons, 160 dinners

Explanation:

7 0
3 years ago
If a small company invests its annual profits of $150,000 in a stock fund which earns 18% per year, the amount in the fund after
kenny6666 [7]

Answer:

the amount in the fund after 10 years will be $785,075.04

Explanation:

The computation of the amount after 10 years is shown below"

As we know that

Future value  = Present value × (1 + rate of interest)^number of years

= $150,000 × (1 + 0.18)10

= $785,075.04

Hence, the amount in the fund after 10 years will be $785,075.04

5 0
3 years ago
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