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r-ruslan [8.4K]
2 years ago
5

Geoff hesitated as he read the fast food menu, unsure whether he should supersize his order of delicious golden French fries. Do

ing so would increase his cost from $0.99 to $1.59 and just might provide him the nutrition he needed to make it through the second half of his day at the office. Of course, if he finished his hamburger and the usual amount of fries, he would simply throw the extra ones away. However, if he failed to supersize his order, he would have to take a candy bar break mid-afternoon and they weren't exactly giving them away in the break room vending machines. He would likely need two candy bars, which sold for $0.95 each. What is Geoff's target service level
Business
2 answers:
erma4kov [3.2K]2 years ago
5 0

Answer:

Geoff's target service level is 0.76

Explanation:

Doing so would expand his expense from $0.99 to $1.59 and could very well give him the sustenance he expected to endure the second 50% of his day at the workplace. Obviously, in the event that he completed his cheeseburger and the typical measure of fries, he would essentially discard the additional ones. In any case, on the off chance that he neglected to supersize his request, he would need to take a confection break mid-evening and they weren't actually offering them away in the reprieve room candy machines. He would probably require two pieces of candy, which sold for $0.95 each.

postnew [5]2 years ago
3 0

Answer:

0.76

Explanation:

Doing so would expand his expense from $0.99 to $1.59 and very well might give him the nourishment he expected to endure the second 50% of his day at the workplace. Obviously, in the event that he completed his burger and the standard measure of fries, he would essentially discard the additional ones. Nonetheless, in the event that he neglected to supersize his request, he would need to take a confection break mid-evening and they weren't actually offering them away in the reprieve room candy machines. He would almost certainly require two pieces of candy, which sold for $0.95 each.

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One operator services a bank of five machines. Machine running time and service time are both exponential. Machines run for an a
Nady [450]

Answer:

Average hourly output is 13.14 pieces.

Explanation:

Number of machines at the bank N = 5

Average service time T = 26 min

Machine runs for an Average R = 74 min

Number of servers M = 1

Service Factor, X = T / (T+R)

= 26 / (26+74)

= 0.26

Efficiency Factor, F = 0.683

Average Number of machine running A = N * F * (1 - X)

= 5 * 0.683 * (1 - 0.26)

= 2.52

Output rate = 26 * (A / N)

= 26 * ( 2.52 / 5)

= 13.14 per hour.

7 0
2 years ago
An asset is acquired by signing a note payable. The note does not indicate an interest rate, and the fair value of the asset can
GaryK [48]

Answer:

Assets should be recorded at cost basis. To determine cost basis we should determine the price that the company paid for the asset. If the only record about the purchase transaction is the note payable, then we can assume that the amount specified in the note payable is the purchase cost of the asset. The cost basis doesn't include any type of interest, but since the note doesn't specify any interest, then we can assume that there is no interest charged.

7 0
2 years ago
Which investment has the least amount of risk?
exis [7]

Answer:

A. standard deviation = $500, expected return = $5,000

Explanation:

For analysis which investment involved the least amount of risk we need to determine the coefficient of variation i.e. shown below:

As we know that

Coefficient of variance = standard deviation ÷ expected return

A = $500 ÷ $5,000 = 0.10

B = $700 ÷ $500 = 1.40

C = $900 ÷ $800 = 1.125

D = $400 ÷ 350 = 1.143

As it can be seen that investment A has the leas amount of risk hence, the same is to be considered

5 0
2 years ago
BestBank's Visa credit card discloses an A.P.R. of "Prime Rate + 5.74% to Prime Rate + 22.74%." If the Prime Rate increases from
Brrunno [24]

The prime rate is the base rate for any financial transaction. The prime rate is considered for each type of lending instruments by the bank. bank add a margin % over the prime rate and offer loan/instrument at the increased rate.

In the given case, the BestBank's Visa credit card discloses an A.P.R. of "Prime Rate + 5.74% to Prime Rate + 22.74%, which means the A.P.R is calculated on the basis of Prime rate and any change in prime rate will directly affect the A.P.R.

The Prime Rate has increased from 3.25% to 4.25%, it means the increase of 1%. Hence the A.P.R. Shall also increase by 1%.

Hence the correct answer is:

b. Increase in A.P.R by 1%

4 0
2 years ago
Imagine that two goods are available to you: servants (X) and robots (Y). You like servants three times as much as robots. If yo
Andrej [43]

Answer: 3

Explanation:

The marginal rate of substitution simply means the rate at which one good will be exchanged for another good based on the current market price.

Since you like servants three times as much as robots, this implies that the utility that one gets from one servant is exactly like the utility that will be gotten from three robots.

Therefore, the utility function will be:

U = 3X + Y

Then, the marginal rate of substitution will be:

= MUX/MUY

= 3

4 0
2 years ago
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