Answer:
$156,454.87
Explanation:
Future Value of an annuity due: FV = Pmt x ((1+r)n -1))/r) x (1+r)
When Payment per period (PMT) = $10,000, Discount Rate per period= 8%,Number of periods (n) = 10
Future Value = $10,000 * ((1+0.08)^10 -1))/0.08) * 1.08
Future Value = $10,000 * [(1.08)^10 - 1 ]/ 0.08 * 1.08
Future Value = $10,000 * 2.15892499727-1/0.08 * 1.08
Future Value = $10,000 * 1.15892499727/0.08 * 1.08
Future Value = $10,000 * 14.486562465875 * 1.08
Future Value = 156454.87463145
Future Value = $156,454.87
<span>Is an integral part of business continuity planning, but BCP is much broader? Disaster recovery. Business continuity planning is the process a business takes when creating systems to prevent and recover if threats should happen to a company. Disaster recovery is a subgroup of BCP and one aspect of the business continuity planning that should be in place. </span>
Answer:
The answer to this question is a= µ=60/12=5 students/min
Explanation:
Solution
Given that:
λ=4 students / min
The Waiting time in Queue= λ /µ(µ- λ )==4/(5*(5-4))=0.8 min
The Number of students in the line L(q)= λ *W(q)= 4*.8= 3.2 students
TheNumber of students in the system L(q)= λ /(µ- λ )=4/(5-40=4 students
Then,
The Probability of system to be empty= P0= 1-P= 1-0.8= 0.2
Now,
If the management decides to add one more cashier with the same efficiency then we have
µ= 6 sec/student= 10 students/min.
so,
P= λ /µ =4/10=0.4
Now,
The probability that cafeteria is empty= P0= 1-0.4= 0.6
If we look at the above system traits, it is clear that the line is not empty and the students have to standby for 0.8 in the queue waiting to place their order and have it, also on an average there are 3.2 students in the queue and in the entry cafeteria there are 4 students who are waiting to be served.
If the management decides to hire one more cashier with the same work rate or ability, then the probability of the cafeteria being free moves higher from 0.2 to 0.6 so it suggests that the management must hire one additional cashier.
Answer:
a. True
Explanation:
This system of performance review is a 360-degree review or feedback process where a given employee receives inputs on her performance (or other criteria such as behaviors, competencies and results achieved) from different employees with varying working relationships and at different levels. The idea is to ensure that the employee's performance is not partial or biased. Using this system, the employee who may be a manager will have her performance reviewed by employees below, above, and on the same level with her.
