Answer:
One student is waiting at the front desk.
Explanation:
By Using Little's law, we have:
L = R * T
Here
L is the average number of items in the system which is average students waiting in this case
R (Arrival Rate) = Total Students / Time taken = 10 Students / 30 minutes
R = 0.33 student per minute
T is the time taken for each student which is 3 minutes
By putting the above values, we have:
L = 0.33 * 3 = 1 student waiting
Answer:
1. observed time = 18.75 minutes.
2. Normal time = 18 minutes
3. Standard time = 21.17 minutes
Explanation:
1. The observed time will be equal to the average time per cycle, which was given in the question as 18.75 min. Therefore, observed time = 18.75 minutes.
2. The normal time will be:
= Average Time x Performance Rating
= 18.75 x 0.96
= 18 minutes
3. The standard time will be:
= Normal time × 1/(1 - 15%)
= Normal time × 1/(1 - 0.15)
= 18 × 1/0.85
= 18 × 1.176
= 21.17 minutes
Answer:
Who Benefits From Inflation? ... In other words, inflation can provide businesses with pricing power and increase their profit margins. If profit margins are rising, it means the prices that companies charge for their products are increasing at a faster rate than increases in production costs.
Explanation:
Answer:
$2,084,000
Explanation:
Net income - 1760000
Add back depreciation 430000
Les gain on equipment sales
(212000-106000) (106000)
2,084,000
The items of operating activities in the question are the net income , depreciation expenses and gain on the disposal of equipment.
While the depreciation expenses has to be added back being a non cash expenses , the gain on asset disposal is deducted being a non cash income.
The interest and tax paid of no impact to the cash flow as they have already been treated in the income statement.
The other transactions belong to the investing and financing activities of the organization.
Answer:
the depreciation that should be charged over the useful life each year is $20,000
Explanation:
The computation of the depreciation expense using the straight line method is shown below:
= (Purchase cost of an equipment - residual value) ÷ (useful life)
= ($135,000 - $15,000) ÷ 6 years
= $120,000 ÷ 6 years
= $20,000
hence, the depreciation that should be charged over the useful life each year is $20,000