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BaLLatris [955]
3 years ago
5

Owners of a local restaurant are concerned about their ability to provide quality service as they continue to grow and attract m

ore customers. They have collected data from Friday and Saturday nights, their busiest times of the week. During these time periods about 94 customers arrive per hour for service. Given number of tables and chairs, and the typical time it takes to serve a customer, they the owners estimate they can serve on average about 138 customers per hour.
During these nights, are they in the zone of service, the critical zone, or the zone of nonservice?

a. Critical zone
b. Zone of service
c. Zone of nonservice
Business
1 answer:
natka813 [3]3 years ago
4 0

Answer:

b. Zone of service

Explanation:

The restaurant is capable of serving 138 customers per hour, and the average demand was 94 customers per hour. That means that the average demand is located with in the zone of service. If hte demand was higher than the restaurant's capacity, then it would be considered critical zone.

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Peter Metcalf founded Black Diamond which creates, produces, and sells outdoor equipment. This is an example of
Liula [17]

Answer:

manufacturing organization

Explanation:

This is an example of a manufacturing organization. This is an organization that focuses on gathering all of the necessary ingredients, which are then placed in a specific process to which combines them to make a unique product. This product is then sold to other companies or individual customers to generate profit for the company. This is exactly what Black Diamond does in order to produce outdoor equipment.

5 0
3 years ago
projects variable labor costs of $21,500 in March when 8,600 units are produced. If production is expected to drop to 8,000 unit
dlinn [17]

Answer:

Total direct labor cost=$20,000

Explanation:

<u>First, we need to calculate the direct labor cost per unit:</u>

<u></u>

Direct labor cost per unit= total cost / number of units

Direct labor cost per unit= 21,500 / 8,600

Direct labor cost per unit= $2.5

<u>Now, the total cost for 8,000 units:</u>

Total direct labor cost= 2.5*8,000

Total direct labor cost=$20,000

4 0
3 years ago
Any person who, for a fee, arranges, conducts, coordinates, handles or causes meetings between a customer and the current owner
viva [34]

Answer: Apartment Sharing Agent

Explanation: An Apartment Sharing Agent is any person who, for a fee, arranges, conducts, coordinates, handles or causes meetings between a customer and the current owner or occupant of legally occupied real property, including apartment housing, who wishes to share that housing with one or more individuals. The agent must be registered with Division of licencing office and must maintain a trust account with a sum of $2,500

3 0
3 years ago
A corporate bond has 22 years to maturity, a face value of $1,000, a coupon rate of 4.6% and pays interest semiannually. The ann
julia-pushkina [17]

Answer:

a. The answer is: $1,008.40

b. The bond's YTM is 3.343%

c. The current yield is 3.826%

Explanation:

a. Bond price formula: ∑(C* / (1+YTM)n )

The price of the bond Intro A with i=1,2...10 is:

∑($1,000 x 3.4% / (1 + 3.3%)i ) = $1,008.40

b.  The price of the corporate bond which has 22 years to maturity is: $1,202.20

Given that the bond is trading at par value, the bond's YTM is:

[Annual Interest Payment + ((Face Value – Current Price) / (Years to Maturity))] / ( ( Face Value + Current Price ) / 2 )

= [$1,000 x 4.6% + (($1,000 - $1,202.20) /  22)]  / (($1,000 + $1,202.20) /2)

= 3.343%

c. The bond's current yield is:

Annual Interest Payment / Current Price = $46 / $1,202.2 = 3.826%

5 0
3 years ago
A production department's output for the most recent month consisted of 12,000 units completed and transferred to the next stage
Sati [7]

Answer:

The equivalent units of production for the month, assuming the company uses the weighted average method would be 21,600 units

Explanation:

In order to calculate the equivalent units of production for the month, assuming the company uses the weighted average method, we would have to calculate first the following:

Units completed and transferred=physical units×%complete

Units completed and transferred=12,000×100%

Units completed and transferred=12,000 units

Ending goods in process=12,000×80%=9,600 units

Therefore, the equivalent units of production for the month= Units completed and transferred+Ending goods in process

equivalent units of production for the month=12,000+9,600

equivalent units of production for the month=21,600 units

5 0
4 years ago
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