Answer:
The minimum number of staffs that could be hired is 4
The optimal number of stuff is 6 and The total cost per hour is $114.14
Explanation:
Average arrival rate, λ = 190 per hour
Average service rate, μ = 1 in 1 minute = 60 per hour
The minimum number of servers required for a stable queuing system
= λ/μ
= 190/60
= 3.167
Therefore, The minimum number of staffs that could be hired is 4.
s P0 Lq Server cost per hour = s*18
4 0.029 2.210 72
5 0.039 0.483 90
6 0.041 0.137 108
Waiting cost per hour = Lq*45 Total cost per hour
99.44 171.44
21.72 111.72
6.14 114.14
The total cost is optimal for s = 6.
Therefore, The optimal number of stuff is 6 and The total cost per hour is $114.14
Answer: d. total cost will fall by more than total benefit will fall.
Explanation:
At this point where Marginal benefit is greater than marginal cost, it means that every additional unit produced gives a higher total cost than total benefit.
If activity levels were to be decreased therefore, total cost would fall more than total benefit would fall until a point is reached where total benefit and total cost would be falling at the same rate. This would be the optimal activity point because Marginal cost would be equal to Marginal benefit.
Answer:
$17,549
Explanation:
Data given in the question
Number of years = 10
Invested amount = $1,000 per year
Rate of interest = 12%
So by considering the above information, the accumulated amount is
= Invested amount × future value of an annuity for 12% at 10 years
= $1,000 × 17.549
= $17,549
Refer to the Future value of an annuity table
In order to find out the accumulated amount we simply multiplied the invested amount with the factor
Answer:
Total return = 14.94%
Explanation:
Options are <em>"14.17%
, 13.40%
, 14.94%, 11.43%, 3.50%"</em>
End price = $59.46
Beginning price = $53.36
Dividend = $1.87
Total return = (End price - Beginning price + Dividends) / Beginning price
Total return = ($59.46 - $53.36 + $1.87) / $53.36
Total return = $7.97 / $53.36
Total return = 0.1493628185907046
Total return = 14.94%
Answer:
1. Yes; Journal entry
2. Debit- Printing & Stationery Expense $160 (value for 8 boxes)
Credit- Cost of goods sold or Trading account A/c $160
3. Leaves to the cost of goods sold account
Explanation to:
1. Mackalaya used inventory. Remember, inventory is a term used to refer to all the merchandise (goods or products) a company has at the moment in stock.
2. The Journal entry to be made would be
Debit- Printing & Stationery Expense $160 and Credit this value to Cost of goods sold or Trading account A/c section of the Journal entry.
3. Remember, the cost of goods sold cares for all inventory sales, therefore it would be credited with value of the inventory item sold by the company.
