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
butalik [34]
3 years ago
5

April runs a small shop where she provides a service. She is able to process an average of 11 customers per hour. An average of

7 customers per hour seek this service at her shop. What is:
Business
1 answer:
professor190 [17]3 years ago
4 0

Answer:

5. Po= 0.36

6. Pn = 0.04

7. 0.16

8. 1.11

9. 1.75

10. 9.9

Explanation:

5. Computation for the probability that April will not be working with a customer

Using this formula

Po=1-(Average number of arrival per hour/Average number of customer served per hour)

Let plug in the formula

Po= 1-(7/11 )

Po=1-0.64

Po= 0.36

Therefore the probability that April will not be working with a customer will be 0.36

6. Calculation for the probability of 5 customers in the system

Using this formula

Pn= (Average number of arrival per hour/Average number of customer served per hour)* Po

Let plug in the formula

Pn= (7/11)^5* 0.36

Pn=0.104358*0.36

Pn=0.037

Pn = 0.04 (Approximately)

Therefore the probability of 5 customers in the system will be 0.04

7. Calculation for the average time a customer spends waiting in line

Time spend Waiting in line=7^2/11(11 – 7) /7

Time spend Waiting in line=(49/44)/7

Time spend Waiting in line = 1.11/7

Time spend Waiting in line= 0.16

Therefore the average time a customer spends waiting in line will be 0.16

8. Calculation for the average number of customers waiting in line

Customers waiting in line = 7^2/11(11 – 7)

Customers waiting in line=49/44

Customers waiting in line= 1.11

Therefore the average number of customers waiting in line will be 1.11

9. Calculation for the average number of customers in the system

Average customers in the system= 1.11 +(7/11)

Average customers in the system= 1.11 +0.64

Average customers in the system = 1.75

Therefore the average number of customers in the system will be 1.75

10. Calculation for the arrival rate in order for April to stay that busy

Arrival rate = 0.9 * 11

Arrival rate = 9.9

Therefore the arrival rate in order for April to stay that busy will be 9.9

You might be interested in
You are thinking of purchasing a house. The house costs $350,000. You have $50,000 in cash that you can use as a down payment on
jeyben [28]

Answer:

$63,852

Explanation:

The computation is shown below:

a) PV of payments is

= $23,500 × (1.07^30 - 1) ÷ (0.07 × 1.07^30)

= $2,91,612

b) The Loan PV of payments is $3,00,000

c) And, the Balloon payment required is

= (Borrowed amount - loan PV payments) × (1 + rate of interest)^number of years

= ($300,000 - $291,612) × 1.07^30

= $63,852

5 0
3 years ago
A stigmatized property is one: (a) Where physical damage makes it undesirable to buyers (b) That a historical society owns and m
katrin [286]

Answer:

(C) Where a particular event has affected the desirability of the property

Explanation:

A stigmatized property is one that has been psychologically impacted by an event that occurred on the property or one that has been suspected to have occurred on that property. Such a property is now "stigmatized" because such an event will have a drastic effect on multiple values and aspects of the property.

4 0
2 years ago
During 2017 the DLD Company had a net income of $85,000. In addition, selectedaccounts showed the following changes: Accounts Re
miv72 [106K]

Answer:

A) $84,500

Explanation:

The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.

The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.  

The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.

Hence, amount of cash provided by operating activities

= -$3,000 + $1,000 + $1,500 + $85,000

= $84,500

The increase in asset other than cash is an outflow, increase in liability is an inflow of cash. Depreciation is a non-cash item added back while increase in building and bond payable are investing and financing activities respectively.

7 0
3 years ago
The term that best matches the description given.
Leto [7]

Answer:

I think Quantitative data

Explanation:

I'm sry if I'm wrong

4 0
2 years ago
Last semester, Brita bought her textbooks over the Internet and saved a considerable amount of money. Classes start in a few day
Dmitriy789 [7]

Last semester, Brita bought her textbooks over the Internet and saved a considerable amount of money. Classes start in a few days, and she needs to decide right away how and where to purchase her books. Brita will most likely engage in "limited problem solving" process.

<h3>What is limited problem solving process?</h3>

Limited issue solving is another sort of consumer problem-solving that consumers employ when they need information about unknown brands in well-known product categories or when they make sporadic purchases of goods; it takes a fair amount of time for information collecting and consideration.

The characteristics of limit solving process are-

  • Limited issue solving is employed when consumers seek information about a new brand within a well-known product category or when they occasionally purchase products.
  • When buying a new, expensive, or infrequently purchased goods, consumers engage in lengthy problem solving.
  • Possibly when you need to find out information about an unusual brand in a well-known product area, takes a fair amount of time to gather information.
  • Clothing is one example where it is known the product class but not the brand.

Therefore, in the given case- Brita lacks the time to thoroughly consider all of his alternatives. Additionally, he will likely follow suit this time around given his recent success purchasing books online (unless he waited too long and cannot receive his books in time).

To know more about steps in the problem solving process, here

brainly.com/question/10708306

#SPJ4

6 0
2 years ago
Other questions:
  • Which of the command systems would be the most appropriate when there are six victims at a mvc?
    8·1 answer
  • LF Corporation, a manufacturer of Mexican foods, contracted in 2014 to purchase 1,500 pounds of a spice mixture at $5.00 per pou
    10·1 answer
  • Edith works for Fast Trades, Inc., a brokerage that facilitates frequent, quick securities transactions for investors. Edith ste
    6·1 answer
  • Suppose we have the following information for 2008: Potential output: $17 trillion Actual output: $16 trillion Actual Deficit: $
    8·1 answer
  • A portfolio with a beta of 1.26
    10·1 answer
  • Which would be the appropriate strategy for companies to use to compete in the global marketplace if both the pressures to lower
    7·1 answer
  • Gibson Electronics identifies licensees in various countries who produce and sell the company's products in their countries in r
    12·1 answer
  • Each of the following is an example of a fixed expense EXCEPT:
    14·1 answer
  • In the short-run which form of inflation is caused by a decrease in the supply curve or an increase in wages?
    12·1 answer
  • While preparing a bank reconciliation, a bank service charge was discovered. This adjustment would be recorded with a?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!