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uysha [10]
3 years ago
5

A company is concerned about the number of customers that have to wait for service in their customer service department. Assume

the rate at which customers arrive is 12 per hour. Using the infinite queuing notion for the models presented in the textbook, which of the following is the mean time between arrivals?
A) 12 minutes
B) 6 minutes
C) 2 Minutes
D) 1 Minute
E) None of these
Business
1 answer:
uysha [10]3 years ago
4 0

Answer:

E) None of these

Explanation:

Calculation to determine which of the following is the mean time between arrivals

Using this formula

Mean time between arrivals = 1/Arrival rate

Let plug in the formula

Mean time between arrivals= 1/12

Mean time between arrivals= 0.0833 hours or 5 minutes

Therefore the Mean time between arrivals will be 0.0833 hours or 5 minutes

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Leo is a welfare recipient who qualifies for two means-tested cash benefit programs. If he does not earn any income, he receives
lubasha [3.4K]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

If he does not earn any income, he receives $225 from each program. For each dollar he earns (which his employer is required to report to the welfare agency), his benefit from each program is reduced by 75 cents until the benefit equals zero.

Each program= 225

Combined earnings= 225*2= 450

6 0
4 years ago
Mr. Wise is retiring In 25 years He would like to accumulate $1,000.000 for his retirement fund by then He plans make equal mont
Montano1993 [528]

Answer:

$532.24

Explanation:

Since Mr. Wise will be making monthly payments for the period of 25 years in order to accumulated the $1,000,000 at the end of 25 years, therefore, the future value of annuity shall be used to determine the monthly payments to be deposited by Mr Wise. The formula of future value of annuity is given as follows:

Future value of annuity=R[((1+i)^n-1)/i]

In the given scenario:

Future value of annuity=amount after 25 years=$1,000.000

R=monthly payments to be deposited by Mr Wise=?

i=interest rate per month=12/12=1%

n=number of payments involved=25*12=300

$1,000,000=R[((1+1%)^300-1)/1%]

R=$532.24

7 0
3 years ago
Suppose an economy has 10,000 people who are not working but looking and available for work and 90,000 people who are working. W
Daniel [21]
<h3>In the given scenario unemployment rate is 10% </h3>

Explanation:

In the given problem,

Number of People who are working is 90,000

Number of People who are not working but looking and available is 10,000

Unemployment rate = Percentage of the total labor force that is unemployed but actively looking for employment and ready to  work.  

Unemployment rate = ((Unemployed people * 100) / (Total people in an economy (Working + Available for work)))

Unemployment rate = ((10000 * 100) / (90000+10000))

Unemployment rate = (1000000 / 100000)

Hence, Unemployment rate = 10%

5 0
4 years ago
Read 2 more answers
Children with asthma can have severe asthma attacks if they catch common
BARSIC [14]

Answer:

All of the above can prevent the spread of infections

Explanation:

Germs are commonly known to be everywhere and can be spread in various ways, such as through the air in sneezes, coughs, or even breaths.

Hence, in this situation, in order to prevent the spread of germs, it is always advisable to carry out the following:

1. Make sure children take antibiotics every time they get sick

2. Wash your hands and children's hands often with soap and water

3. Cover your face with a re-usable handkerchief when you cough or sneeze

Therefore, the correct answer is "All of the above can prevent the spread of infections."

5 0
3 years ago
When the Central Bank lowers the bank rate, borrowing from the central bank becomes cheaper and commercial banks borrow more fro
tresset_1 [31]

Answer:

= All

Explanation:

= U.S. exports increase, shifting U.S. aggregate demand to the right

= U.S. exports increase, shifting U.S. aggregate demand to the right

7 0
3 years ago
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