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spin [16.1K]
3 years ago
14

Employees arrive at a cafeteria according to a Poisson process at an average rate of 30 employees per hour. The probability that

after one employee arrives, the next one will arrive at least 3 minutes later is _________.
a. 0.223
b. 0.202
c. 0.183
d. 0.162
e. 0.143
Business
1 answer:
Juliette [100K]3 years ago
6 0

Answer:

a. 0.223

Explanation:

Calculation for the Probability that after one employee arrives, the next one will arrive at least 3 minutes

Since no one comes in 3 minutes,hence:

3minutes/60 =1/20 hours

Thus, the Probability will be calculated as:

Probability=e^20/30

Probability=0.223

Therefore the Probability that after one employee arrives, the next one will arrive at least 3 minutes will be 0.223

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Rents of $750.00 per month on each unit of a 4-plex are current. for an october 16th closing, the rent proration on the settleme
Lady bird [3.3K]

Rents of $750.00 per month on each unit of a 4-plex are current. For an October 16th closing, the rent proration on the settlement statement would be $1,548.38 Credit Buyer & Debit Seller.

-Seller must pay buyer for the days the buyer owns the property, Oct 16 - 31, 16 days. $750 x 4 /31 = $96.77 per day x 16 = $1548.38

<h3>What does it mean to prorate your rent?</h3>

The amount a landlord charges is referred to as "prorated rent" and is only applied to the days the unit is occupied when a resident occupies it for a short period of time (a month, week, day, etc.). Given that daily rates are frequently more expensive, it is based on monthly rates instead than daily rates.

You must first determine the daily rent in order to figure out how much prorated rent will be. Divide the overall rent payment by the number of days in a month to arrive at this. Then double the acquired daily rent amount by the number of days you will be occupying the property during that month.

To learn more about rent proration visit:

brainly.com/question/14087263

#SPJ4

5 0
2 years ago
In a business letter, the true margins are
Free_Kalibri [48]
They are typically 1 to 1 1/4 inches

Hope this helps, good luckkk :)
5 0
3 years ago
Read 2 more answers
odarta Corporation applies manufacturing overhead to products on the basis of standard machine-hours. The company's predetermine
kupik [55]

Answer:

$144 unfavorable

Explanation:

The computation of the overall fixed manufacturing overhead volume variance for the month is shown below:

But before that following calculations need to be done

Budgeted manufacturing overhead is

= 6600 × $1.20  

= $7,920

And,

Manufacturing overhead applied is

= Standard hours × Predetermined overhead rate

= 6480 × $1.20 = $7,776

So, fixed manufacturing overhead volume variance is

= Fixed overhead applied - budgeted fixed overhead

= $7,776 - $7,920

= $144 unfavorable

7 0
3 years ago
The standardization strategy uses __ marketing activities across national boundaries whereas the adaptation strategy uses a ____
nadezda [96]

Answer:

The correct answer is letter "C": similar; differentiated strategy.

Explanation:

The advertisement of a product can be shaped according to the region where the good or service will be offered whereas, in some other cases, changes in marketing can be minimal or null. In such scenarios, the standardization approach uses the same marketing method for every country where the company has a presence. This will only work if consumers worldwide have similar needs and preferences.

The differentiated strategy, instead, links customers' expectations, patterns, and cultures with the marketing processes of the firm. This approach aims to give a tailored good or service to different consumers and is mostly used.

8 0
3 years ago
You want to buy a new sports coupe for $84,500, and the finance office at the dealership has quoted you an APR of 5.2 percent fo
just olya [345]

Answer:

Ans.  Your monthly payments will be  $1,602.37  ; The effective annual rate is 5.33%

Explanation:

Hi, first, we need to convert this APR rate into an effective monthly rate, that is, dividing 0.052/12 =0.00433 (or 0.4333%). Then we need to use the following equation and solve for A.

PresentValue=\frac{A((1+r)^{n}-1) }{r(1+r)^{n} }

Where:

PresentValue= 84,500

A = periodic payments (the monthly payments that you need to make)

r = 0.004333333

n=60 months

So, let´s solve for A.

84,500=\frac{A((1+0.004333333)^{60}-1) }{0.004333333(1+0.004333333)^{60} }

84,500=\frac{0.296201791}{0.005616874} A

84,500=A(52.73427328)

A= 1,602.37

Now, in order to find the effective annual rate, we need to use the following equation.

r(EffectiveAnnual)=((1+r(EffectiveMonthly))^{12} -1

Notice that to find an effective rate you have to start with another effective rate, otherwise it won´t work. So everything should look like this.

r(EffectiveAnnual)=((1+0.004333333))^{12} -1=0.0533

Meaning that the equivalent effective annual rate to 5.2% APR is 5.33% effective annual.

Best of luck.

6 0
3 years ago
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