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: Transnational (multinational)
Explanation: A transnational firm is a multinational firm that operates across national boundaries. Global business strategy allows a firm's revenue to run across borders and these firms can then trade in worldwide markets. A global business strategy includes thinking in an integrated way with regards to all business related aspects, evaluating the goods and services that are produced and meeting global standards in not only the world markets but also the local markets. A multinational firm will also make use of a policy of dispersed production with centralised strategic management. All these factors can link multinational firms to federal structure.
The payback period is 4.06 years.
<h3>What is the payback period?</h3>
Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows
Amount recovered in the first year = 46,700 - 10,000 = 36,700
Number of years it would take to recover 36,700 = 1 + (36700 / 12,000) = 4.06 years
To learn more about the payback period, please check: brainly.com/question/25716359
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Answer:
The correct answer is c. is based on simplifying assumptions, but is still useful for illustrating scarcity, opportunity cost, and economic growth.
Explanation:
The production possibilities frontier (FPP) is a graphic representation of the maximum quantities of production that an economy can obtain in a given period using all the resources it has available.
In an economy that has thousands of products, the alternatives to produce one good or another and how much of each are very large. When an alternative is chosen, it means that other possibilities are being renounced. The relationship between what we choose and what we give up is the opportunity cost.
