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Lubov Fominskaja [6]
2 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]2 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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Which of the following listings correctly describes the order in which the four types of budgets must be prepared?
professor190 [17]

Answer:

b. Sales, production, direct materials purchases, cash disbursements.

Explanation:

First, you calculate your sales.

Then, the amount produced to fulfill your sales and desired inventory stocks

Based on your production, you can calculate the direct materials purchases

Lastly, with the combination of raw materials purchases, along with other information, you generate the cash disbursements budget

a.- you need to know the production to know how much direct materials do you need. INCORRECT

c.- you can't calculate how much will you pay for the direct materials without knowing how many direct materials are needed. INCORRECT

d.- you need to know the number of sales, to know how much to produce. Else you will be producing without knowing how much do you need. INCORRECT

3 0
3 years ago
Megasoft Corporation develops, produces, and markets a wide range of computer software including the Windows operating system. M
Nady [450]

Answer:

Megasoft Corporation

1. The amount of accounts receivable that was written off during the year ended June 30, 2016 was:

= $72 million

2. Receivable Turnover Ratio in 2016

= 2016 Net Sales/Average receivables

= $68,000/$16,660 = 4.1

Explanation:

a) Data and Calculations:

                                        June 30, 2016   June 30, 2015

Net Sales Revenue              $68,000            $62,000

Accounts Receivable

(all amounts in millions)      $17,260             $16,060

Allowance for

Doubtful Accounts of                  310                    360

Net Accounts receivable   $ 16,950             $ 15,700

Bad Debts Expense = $22

Allowance for Doubtful Accounts

Date                 Account Titles          Debit      Credit

June 30, 2015 Beginning balance                  $310

2016                 Bad Debts Expense  22

2016                 Accounts receivable                  72

June 30, 2016 Ending balance    $360

Accounts Receivable

Date                 Account Titles          Debit      Credit

June 30, 2015 Beginning balance $16,060

2016                 Net sales                 68,000

2016                 Allowance for Doubtful               $72

2016                 Cash                                       66,728

June 30, 2016 Ending balance                     $17,260

Average receivables = $16,660 ($16,060 + $17,260)/2

Receivable Turnover Ratio in 2016

= 2016 Net Sales/Average receivables

= $68,000/$16,660 = 4.1

8 0
3 years ago
The electronic invoicing and payment (EIPP) system for the B2B environment is similar to the electronic bill presentment and pay
charle [14.2K]

Answer:

a) True

Explanation:

Electronic bill payment and presentment (EBPP) can be regarded as process that is been utilized by

companies in collection of payments electronically by utilization of systems such as Automated Teller Machines (ATMs) as well as Internet and direct-dial access. This has turned to a core component of online banking as regards to some financial institutions today, some industries such as telecommunications and insurance providers make use of it.

Electronic invoicing and presentment payment (EIPP) can be regarded as process involving sending of electronic invoice to customers using the internet, as well as the ability of customers to be able to pay that invoice online also. It give a solution that brings about increased productivity, as well as given room for business owner to spend more time in developing their business as well as relationships with their customers.

It should be noted that the The electronic invoicing and payment (EIPP) system for the B2B environment is similar to the electronic bill presentment and payment (EBPP) system for the B2C environment.

3 0
3 years ago
Carl sonntag wanted to compare what proceeds he would receive with a simple interest note versus a simple discount note. both ha
Ganezh [65]

B.calculate the simple discount note proceeds. simple discount note proceeds

3 0
3 years ago
If you want all your stores to only accept returns with receipts this would be an example of a(n)
FromTheMoon [43]

Answer:

Procedure.

Explanation:

A procedure can be defined as a comprehensive set of sequential steps and actions which is typically used to specify the accepted, effective and efficient method for performing a task or executing a project and plans.

This ultimately implies that, procedures are mainly used by various companies or organizations to always achieve a standardized level of output and consistency in achieving its goals and objectives.

Hence, if you want all your stores to only accept returns with receipts this would be an example of a procedure.

3 0
3 years ago
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