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Lubov Fominskaja [6]
3 years ago
14

Consider an espresso stand with a single barista. Customers arrive to the stand at the rate of 28 per hour according to a Poisso

n distribution. Service times are exponentially distributed with a service rate of 35 customers per minute. If the arrival rate remains at 28 customers per hour and the stand's manager wants to have the average time a customer spends in the system (i.e., wait time and service time) to be a maximum of 6 minutes on average, then the service rate must:__________
A. decrease by 2 to 33 customers per hour.
B. decrease by 3 to 32 customers per hour.
C. increase by 3 to 38 customers per hour.
D. increase by 2 to 37 customers per hour.
Business
1 answer:
Semmy [17]3 years ago
6 0

Answer:

A. decrease by 2 to 33 customers per hour.

Explanation:

Espresso stand with single barista has a service rate of 35 customers per minute. The customers arrival rate is 28 per hour. Maximum wait and service time is 6 minutes per customer, then the service rate should decrease by 2 to 33 customers per hour.

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Ben and chris combined their love of hockey with a business venture. they purchased a small portable cart and began selling hock
dybincka [34]

I believe the answer is: environmental circumstances are dynamic and tough to control

Because of this , the best thing that Ben and Chris could do under the situation is adjust their marketing strategy to cater to the unique situation at hand. For example, Ben and chris could reduce the overall price of the product by using cheaper material to attract most consumers.

4 0
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True or false Employees need to be familiar with their company's plagiarism policy.
blagie [28]
True because how you going to know what to do without it
4 0
3 years ago
Becky eats out at macaroni grill 3 times per year. she receives a raise from $31,900 to $33,500 and decides to eat out at macaro
leva [86]

Answer: Becky's income elasticity of demand for eating at Macaroni grill is 10.22.

We calculate income elasticity of demand with the following formula:

\mathbf{\eta _{I}= \frac{(Q_{1}-Q_{0})/(Q_{1}+Q_{0})}{(I_{1}-I_{0})/(I_{1}+I_{0})}}

where

η is the Greek letter eta that is used to denote elasticity of demand

Subscript I is used to denote Income elasticity

Q₁ is the quantity consumed after change in income

Q₀ is the quantity consumed before in income

I₁ is the new income

I₀ is the old income

Substituting the values we get,

\mathbf{\eta _{I}= \frac{(5-3)/(5+3)}{(33500-31900)/(33500+31900)}}

\mathbf{\eta _{I}= \frac{(2)/(8)}{(1600)/(65400)}}

\mathbf{\eta _{I}= \frac{0.25}{0.024464832} = 10.21875}





7 0
3 years ago
Poppy Co. uses a periodic inventory system. Beginning inventory on January 1 was understated by $30,200, and its ending inventor
svp [43]

Answer:

the cost of goods sold is $34,460 understated

Explanation:

The computation of the cost of goods sold is shown below

Let us assume the cost of goods sold be X - Y

X + $30,200 + ($21,400 - $2,140) = Y + $15,400

X + $49,460 =  Y + $15,000

X - Y = $49,460 - $15,000

X - Y = $34,460

Hence, the cost of goods is $34,460

Since both the ending and opening inventory are understated so the cost of goods sold is also understated

Therefore the cost of goods sold is $34,460 understated

7 0
3 years ago
At which stage does the idea finally convert into a prototype product
NemiM [27]
<span>full scale operating model of the product!!!</span>
8 0
3 years ago
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