Answer:
A) 1.79
b) 71%
c) 0.75 minutes
d) 0.537 minutes
e) 0.343, 0.240 , 0.1681
Explanation:
L = average number of customers in the system ( 200 / 80 ) = 2.5
a = poission distribution per hour = 200
b = service rate of cashier = 280
A) average number of moviegoers waiting in line to purchase ticket
Lq = L - 
= 2.5 - (200/280) = 2.5 - 0.71 = 1.79
B) percentage of cashier been busy
p = a/b = 0.71 = 71%
C) average time spent by a customer in the system
w = L / a = 2.5 / 200 = 0.0125 hours = 0.75 minutes
D) average time spent waiting in line to get to the ticket window ?
W2 = Lq / a = 1.79 / 200 = 0.00895 hours = 0.537 minutes
E) probabilities of people in the system
i) more than two people
p ( x ≥ 2 ) = 1 - ( p0 + p1 + p2 ) = 1 - 0.657 = 0.343
more than three people
ii) p ( x ≥ 3 ) = 1 - (p0 + p1 + p2 + p3 ) = 1 - 0.7599 = 0.240
iii) more than four people
p ( x ≥ 4 ) = 1 - ( p0 - p1 + p2 + p3 + p4 ) = 1 - 0.8319 = 0.1681
Answer: The correct answer is "C. produce because revenue of $1 comma 000 is greater than fixed costs.".
Explanation: The firm should produce because the revenue of 1000 is enough to cover the fixed costs and part of the variables (1000 - 800 - 600 = (-400)) so that the loss is less than if it stopped producing despite the avoidable costs (800 - 350 = 450) since if it stopped producing it would have a loss of $ 450 and producing it would have a loss of $ 400.
Answer:
Factors to consider:
1. Specialisation role
2. Complexity of sales process
3.Tenure
4.Geographical coverage
5. Sales Representative leadership
6. Support network
7. Internal Bureaucracy
8. Value add of managers
Factors not to consider;
1. Market share
2. Production process
3. Distribution process
4. Personal affiliation, race or religion
Explanation:
When considering a company's span of control, which simply means the number of junior staff a manager should manage, it is important to note factors relating to geographical coverage, a wide coverage can create difficulties in supervision to a manager. Consequently reducing the span of control.
Specialisation also help in ensuring the manager is an expert in the area he or she supervise. Experienced manager with good understanding of the tasks, good knowledge of the workers and good relationships with the workers, will be able to supervise more workers
The complexity of a sale process can affect a manager's supervision performance. if the sale process for example require an online payment to a final user who may not be physically available. Supervising such sales requires adequate training.
Other factors like; Tenure, Sales Representative leadership, Support network, Internal Bureaucracy, Value add of managers are paramount in determining span of control. However, market share, production process, distribution process and personal affiliation, race and religion should not affect the span of control.
I think that the answer would be D
Answer:
The answer is: $2,250
Explanation:
The American Opportunity Tax Credit (AOTC) is a tax credit available for students that are enrolled at a qualified educational institution. The maximum annual credit is $2,250 per student, and it can be used during the first four years of higher education.
