Answer:
3.4 minutes
Step-by-step explanation:
Every morning there are expected 240 customers who arrive at bank for the customer service. There are on average 240 customers arriving to the bank every morning. There are total 5 bank tellers and they take average 3 minutes to help customer. The average time each bank teller spends on satisfying a customer will be calculated using the linear model,
Using wait time calculator:
Average service time / standard deviation
Ce = 3/1.5 = 2
The spent time on a customer is 3.4 minutes.
Answer:The value of the bulldozer after 3 years is $121950
Step-by-step explanation:
We would apply the straight line depreciation method. In this method, the value of the asset(bulldozer) is reduced linearly over its useful life until it reaches its salvage value. The formula is expressed as
Annual depreciation expense =
(Cost of the asset - salvage value)/useful life of the asset.
From the given information,
Useful life = 23 years
Salvage value of the bulldozer = $14950
Cost of the new bulldozer is $138000
Therefore
Annual depreciation = (138000 - 14950)/ 23 = $5350
The value of the bulldozer at any point would be V. Therefore
5350 = (138000 - V)/ t
5350t = 138000 - V
V = 138000 - 5350t
The value of the bulldozer after 3 years would be
V = 138000 - 5350×3 = $121950
Answer:
t= 9, t= -9
Step-by-step explanation:
