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Gwar [14]
2 years ago
7

At Tony and Cleo’s bakery, one kind of birthday cake is offered. It takes 15 minutes to decorate this particular cake, and the j

ob is performed by one particular baker. In fact, it is all this baker does. What mean time between arrivals (exponentially distributed) can be accepted if the mean length of the queue for decorating is not to exceed five cakes?
Business
1 answer:
Ugo [173]2 years ago
8 0

Answer:

Explanation:

Average length of queue, Lq = λ^2/μ/(μ-λ)

μ is service rate, λ is arrival rate

Mean time to service = 15 minutes  (decoration)

Service rate, μ = 60 / 15 = 4 per hour

 

It is given that the mean length of the queue for decorating is not to exceed five cakes, Lq = λ^2/μ/(μ-λ) = 5

λ^2/4/(4-λ) = 5

λ = 3.4164 per hour

Mean time between arrivals = 60 / 3.4164 = 17.56 minutes

The minimum acceptable mean time between arrivals = 17.56 minutes

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Accountants and Economists differ in their calculations of profits in that; a. ​economists consider sunk costs b. ​accountants c
zysi [14]

Answer:

The correct answer is letter "C": ​accountants consider explicit costs only.

Explanation:

Explicit costs are those necessary for the operations of the company such as wages, rent or raw materials. Implicit costs are the opportunity costs companies as a result of giving up factors such as purchases or qualified employee hires.

<em>The </em>accounting profit<em> of a company is calculated by subtracting the explicit costs from the firm's total revenue. The </em>economic profit<em> is computed by subtracting the result of adding the explicit and implicit costs from the company's total revenue.</em>

4 0
2 years ago
David keeps harping over any problem that he comes across at work. He goes over the details regarding the problem repeatedly.
Mademuasel [1]
David is an agonizer
7 0
2 years ago
Read 2 more answers
Mullineaux Corporation has a target capital structure of 64 percent common stock, 9 percent preferred stock, and 27 percent debt
nlexa [21]

Answer:

10.02%

Explanation:

The computation of the WACC is shown below. The formula of WACC is shown below:

= (Weightage of debt × cost of debt)  + (Weightage of preferred stock) × (cost of preferred stock) + (Weightage of  common stock) × (cost of common stock)

= 27% × 7.6% × (1 - 0.40) + 9% × 5.9% + 64% × 12.9%

= 2.052% × (1 - 0.40) + 0.531% + 8.256%

= 10.02%

8 0
2 years ago
National Business Machines manufactures two models of fax machines: A and B. Each model A costs $100 to make, and each model B c
Ulleksa [173]

Answer:

4500 units of A and 7,000 units of B

Explanation:

The linear programming equations can be formed as:

The objective function = 30a + 40b

a + b = 2500.........................equation 1

100a + 150b = 600,000......equation 2

multiply equation 1 by 100 we have

100a + 100b = 250000..........equation 3

Subtract equation 3 from 2

100a + 150b = 600,000......equation 2

<u>100a + 100b = 250,000.</u>.........equation 3

              50b = 350,000

Therefore b = 350,000 / 50 = <u>7,000</u>

substitute 7000 for b in equation 1

a + 7000 = 2500

a = 2,500 - 7000 = <u>4500</u> (ignoring the minus sign)

Therefore the company should produce 4500 units of A and 7,000 units of B

6 0
2 years ago
Dayna deposited $2700 into a savings account that pays a simple annual interest rate of 1.6%. how much interest will she earn af
d1i1m1o1n [39]
For this you're going to use the I=PRT formula!  so i=interest, p=principal, r=rate, and t=time (in years). so basically here we are going to plug in the equation, I=(2700)*(0.016)*(0.5) and we get 21.60!  I=PRT is a simple interest formula, which is used for the simple plug and chug equations like this.  Just remember to convert months to years and move over your decimals!
6 0
2 years ago
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