Answer:
Only 1 dock is required since its overall cost is lower than having two docks
Explanation:
Solution
Given that:
let us consider the data given for the warehouse:
the cost per day/driver truck = $300
Cost per day/Dock plus loading crew = $100
Arrival rate λ = 3 per day
Service rate μ = 5 per day
Now,
we compute the utilization of the ware house
Utilization =λ/μ
= 3/5
ρ = 0.6
Only 1 dock is required since its overall cost is lower than having two docks
The answer to this question is B
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Answer:
The number of shares needed to raise $26 miliion will be 590909 shares.
Explanation:
To calculate the number of shares needed to raise $26 million, we first need to findout the price per share at which shares are issued. The fair value or the price per share can be caclculated using the constant growth model of the DDM approach. Thus, the price per share today will be:
P0 = 2.46 / (0.1024 - 0.0465)
P0 = $44.007 rounded off to $44
Thus, at the price of $44 per share, number of shares needed to raise $26 million will be:
No of shares = 26,000,000 / 44 = 590909.0909 rounded off to 590909 shares
