After submitting a résumé by mail, how long should you wait before following up with an employer?.

You have been asked to analyze the queue for registrations for a popular MSOM seminar at a major national conference. Conference

erica [24]

Answer:

Explanation:

Average arrival rate, λ = 5 people in 15 minutes = 20 people in 60 minutes = 20 per hour

Average service rate, μ = 1 in 7 minutes = (60/7) per hour

The minimum number of servers required for a stable queuing system = λ / μ = 20 / (60/7) = 7/3 = 2.333

So, the minimum number of hosts that could be hired = 3 hosts

3 0

4 years ago

1. Characteristics of oligopoly An oligopolistic market structure is distinguished by several characteristics, one of which is m

sergejj [24]

Answer:

----Either similar or identical products --------Difficult entry

----Mutual interdependence

Explanation: An Oligopolistic market is a market characterized by few sellers of large firms who sell either similar or differentiated products. Here, Each firm is mutually interdependent as any action from any firms influences the actions of the rest of the competing firms , therefore decisions are made using strategic planning and consideration as competing firms are ready to counter react to any change in any new market action.

Market entry is difficult Because of the already established customer base of the successful operating firms dominating the market.Also venturing into the market requires high capital, technology or additional government licences. Examples of Oligopolistic firms are oil and gas firms, airlines, mass media etc

8 0

3 years ago

Which of the following is an accurate statement about the consequence of nonbinding price ceiling?

Liula [17]

Answer:

d. They do not change the quantity of goods bought or sold in the legal market.

Explanation:

A price refers to the amount of money a customer or consumer buying goods and services are willing to pay for the goods and services being offered. The price of goods and services are primarily being set by the seller or service provider.

Price control can be defined as standard restrictions or regulatory conditions that are typically set and enforced by the government of a country.

This ultimately implies that, price controls are used to impose the minimum and maximum prices set by the government, which are to be charged for various goods and services in the market. This minimum price that can be charged such as minimum wage is known as price floor while the maximum price that can be charged such as rent control is known as price ceiling.

A nonbinding price ceiling can be defined as a price that do not have any effect on the price of goods or services in the market.

Hence, an accurate statement about the consequence of nonbinding price ceiling is that they do not change the quantity of goods bought or sold in the legal market.

5 0

3 years ago

Which process supports the design and development of products from the initial product idea stage through the discontinuation of

Blababa [14]

The lifecycle data management (design) method aids in the conception and creation of products from the time of their inception till their discontinuation.

<h3>Data lifecycle management: What is it?</h3>

Data lifecycle management (DLM) is a method for managing data from the point of data entry to the point of data deletion. Data is divided into phases depending on various criteria, and as it completes various tasks or satisfies particular needs, it advances through these stages. A successful DLM process gives a business's data structure and organization, enabling important process goals including data security and availability.

These objectives are essential to corporate success and become more significant over time. Businesses can plan for the dire repercussions in the event of data breaches, data loss, or system failure thanks to DLM policies and procedures.

To know more about 'Data lifecycle management', visit: brainly.com/question/14096313

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4 0

1 year ago

Thome and Crede, CPAs, are preparing their service revenue (sales) budget for the coming year (2020). The practice is divided in

MrRissso [65]

Answer and Explanation:

The Preparation of service revenue is prepared below:-

For Quarter 1

Billable Hours Billable rate Total

Auditing 2,450 84 205,800

Tax 3,130 94 294,220

Consulting 1,640 105 172,200

Total 672,220

For Quarter 2

Billable Hours Billable rate Total

Auditing 1,840 84 154,560

Tax 2,650 94 249,100

Consulting 1,640 105 172,200

Total 575,860

For Quarter 3

Billable Hours Billable rate Total

Auditing 2,330 84 195,720

Tax 2,300 94 216,200

Consulting 1,640 105 172,200

Total 584,120

For Quarter 4

Billable Hours Billable rate Total

Auditing 2,710 84 227,640

Tax 2,800 94 263,200

Consulting 1,640 105 172,200

Total 663,040

Now the total revenue is

= $575,860 + $584,120 + $663,040

= $1,823,020

5 0

4 years ago