Answer:
Part A. Compute the probability that operator of the hotel is busy.
The call arrives at Lynn Ann Hotel at the rate of 2/min.
Therefore, 2 min = 120 customers per hour
Thus, the call is serviced by the operator at a rate of 20 seconds per customer.
Therefore,
P = 180 customers per hour
Probability that the operator will be busy:
P = λ / µ
P= 120 / 180
P = 0.67
Therefore, the probability that the hotel operator is busy is 0.67 hours
Part B. Determine the average time customer must wait:
= λ / µ (µ - λ)
= 120 / 180(180 - 120)
= 120 / 180(60)
= 120 / 10,800
= 0.011
Thus, the average wait time for the customer is 0.011 hours
Part C. Determine the average number of call waiting:
= λ^2 / µ (µ - λ)
= 120^2 / 180 (180 - 120)
= 14,400 / 180 (60)
= 14,400 / 10,800
= 1.33
Thus, the average waiting call to be answered is 1.33 hours
Answer:
true
Explanation:
inbound enables business to generate leads at lower cost. it simplifies jobs of marketing and sales, increase visibility and brand awareness, educate prospect in the digital world and increase trust and credibility. all of these helps creating marketing and sales that people love by providing helping content and resources that attracts people to you.
This first-mover advantage occurs when a company can significantly increase its market share by being first with a new competitive advantage.
<h3>What are the important competitive advantage?</h3>
Competitive advantage will give a market an edge over another market.
This is because market are mostly competitive in nature and when an individual is performing better in terms of profit and reduced expenses then the Market is at advantage.
Therefore, this first-mover advantage occurs when a company can significantly increase its market share by being first with a new competitive advantage.
This first-mover advantage occurs when a company can significantly increase its market share by being first with a new competitive advantage.
Learn more on competitive advantage below
brainly.com/question/14486110
#SPJ1
Answer:
Explanation:
Before recording the journal entry, first we have to determine the total cost which is shown below:
= Purchase price + sales tax + Shipment of machine + Installation of machine
= $63,000 + $5,400 + $880 + $1,760
= $7,1040
Now the journal entry would be
Equipment A/c Dr $7,1040
Prepaid insurance A/c Dr $580
To Cash A/c $3,220 ($880 + $1,760 + $580)
To Accounts payable $68,400 ($63,000 + $5,400)
(Being the expenditure and equipment value is recorded)