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Elenna [48]
3 years ago
7

Consider an Erlang loss system. The average processing time is 3 minutes. The average interarrival time is 4 minutes. The number

of servers is 2. What is the rate of lost demand in customers per hour?
A. 1.33
B. .65
C. 1.5
D. 2
Business
1 answer:
Dimas [21]3 years ago
8 0

Answer:

D. 2

Explanation:

The computation of the rate of lost demand is shown below;

Given that

p = 3

a = 4

M  =2

Now

r = p ÷ a

=3 ÷ 4

= 0.75

Now determine the value from the erlang table having r = 0.75 and M = 2

= 0.123  

Now,

The  Rate of lost demand is

= demand rate × 0.123 × 60minutes

= (1 ÷ 4) × 0.123 × 60

= 1.845 or 2

= 2

Hence, the correct option is d.

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Benitez Company makes wicker and wooden slat picnic baskets. It requires approximately 1 hour of labor to make one basket of eit
kifflom [539]

Answer:

Assigned cost= $16,080

Explanation:

Giving the following information:

Wicker baskets are produced in batches of 100 units.

Wooden slat baskets are produced in batches of 50.

Setup is required for each batch. During the most recent accounting period, the company made 8,000 wicker baskets and 2,000 wooden slat baskets. Setup costs amounted to $24,000 for the baskets produced during the period.

First, we need to determine the number of batches.

Wicker= 8000/100= 80 batches

Wooden= 2000/50= 40 batches

Proportion of batches= 80/120= 0.67

Assigned cost= 24000*0.67= $16,080

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4 years ago
Imagine you must fire an employee. What effect might the dismissal have on remaining employees? Explain how you would tell the e
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Answer:

Well, it may cause workplace related stress if the remaining employees are forced to take on the fired employees workload, it may harm workplace moral due to losing a co-worker, but it may also encourage workers to work harder, fearing they may too lose their own job, but be cautious, this may also cause employees to start looking for new jobs, and you can lose skilled labor. if the employee was a burden, employees may be happier with their work environment.

Explanation:

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Cullumber Co. receives $343,800 when it issues a $343,800, 10%, mortgage note payable to finance the construction of a building
Katyanochek1 [597]

Answer:

See the journal entries below.

Explanation:

The journal entries will look as follows:

<u>Date           Description                                Debit ($)          Credit ($)    </u>

31 Dec 20   Cash                                           343,800

                   Mortgage note payable                                     343,800

<u><em>                    (To record the issue of mortgage note.)                                 </em></u>

31 Dec 21    Interest expense (w.1)                 34,380

                   Mortgage note payable (w.2)     22,920

                   Cash                                                                     57,300

<u><em>                    (To record the first annual installment on Mortgage note.)    </em></u>

31 Dec 22   Interest expense (w.4)                 32,088

                   Mortgage note payable (w.5)       25,212

                   Cash                                                                     57,300

<u><em>                    (To record the second annual installment on Mortgage note.)  </em></u>  

Workings:

w.1. Interest expense on December 31, 2021 = Mortgage loan amount * Interest rate = $343,800 * 10% = $34,380

w.2. Principal paid on December 31, 2021 = Annual installment payments - Interest expense on December 31, 2021 = $57,300 - $34,380 = $22,920

w.3 Mortgage loan balance on December 31, 2021 = Mortgage loan amount - Principal paid on December 31, 2021 = $343,800 - $22,920 = $320,880

w.4. Interest expense on December 31, 2022 = Mortgage loan balance on December 31, 2021  * Interest rate = $320,880 * 10% = $32,088

w.5. Principal paid on December 31, 2022 = Annual installment payments - Interest expense on December 31, 2022 = $57,300 - $32,088 = $25,212

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