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Step2247 [10]
2 years ago
10

Cactus Baseball Stadium is trying to determine how many ticket scanners are needed to admit fans entrance. The stadium has 4 out

field bleacher sections: sections 1 and 3 in the right field and sections 2 and 4 in the left field. Fans use the backside of the stadium's entrance to get to these 4 sections. 40 people per minute show up to a game with their ticket (assume uniform distribution of location - that is each fan is equally likely to go to section 1, 2, 3, or 4). On average, it takes 5 seconds per person to process their ticket at a scanner and pass through the turnstiles. The backside stadium entrance is designed to hold up to 50 people waiting before getting to the ticket scanners.
Using the above, answer the following:
(a) Buffer Capacity (K)
(b) Customer Inflow (Arrival) Rate (Ri)
(c) Total Processing Rate (Capacity) (Rp)
Business
1 answer:
sergeinik [125]2 years ago
3 0

Answer:

Explanation:

Arrival rate = 40 people per minute

Service rate   = 5 seconds per person = 12 people per minute

b)  Customer Inflow (Arrival) Rate (Ri)

Ri = Arrival Rate = 40 per minute

Inter arrival Time = 1 / Ri = 1 / 40 minutes

c) Total Processing Rate (Capacity) (Rp)

Processing Time = Tp = 5 seconds =

5/60 minutes

= 1/12 minutes

Processing Rate = Rp = 1 / Tp = 1 / (1/12) = 12 customers per minute

Server utilization = Throughput Rate R / Rp

Chi = Lambda / Miu ( must be < 1 )

Ls = Chi / (1-Chi)

Lq = Ls - Chi

Ws = Ls / Lambda

Wq = Lq / Lambda

Buffer capacity K = 50

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Which of the following is an example of a variable expense?
Irina-Kira [14]

Answer:

Credit card and bank fees. Hourly wages and direct labor. Shipping costs. Raw materials.

Explanation:

8 0
2 years ago
Greg sold an apartment building he owned for 20 years. He paid $100,000 for it, and made $300,000 worth of improvements. His dep
Marat540 [252]

Answer:

Greg’s capital gain on the apartment = $590,000

Explanation:

Purchase Cost = $100,000

Improvements = $300,000

Total Initial cost = Purchase Cost + Improvements

Total Initial cost = $100,000 + $300,000

Total Initial cost = $400,000

Depreciation for 20 Years = Depreciation per annum * 20

= $2,500 * 20

= $50,000

Net Book value after 20 Years = Initial cost - Depreciation for 20 Years

= $400,000 - $50,000

= $350,000

Capital Gain = Net Sale - Net Book Value

When Net Sale = Sale Price - Commission

= $1,000,000 - $ 60,000

= $940,000

Hence, Capital Gain = Net Sale - Net Book Value

Capital Gain = $940,000 - $350,000

Capital Gain = $590,000

7 0
2 years ago
A furniture cabinet maker produces two types of cabinets that house and hide plasma televisions. The Mission-style
oee [108]

Answer:

The maximum profit is $72,800 with 80 cabinets of Mission-style and no cabinets of Rustic-style to be used

Explanation:

Let the furniture cabinet maker produce x Mission-style cabinets and y Rustic-style cabinets

Objective function: Maximize profits

Profit yielded by a Mission-style cabinet = $910

Profit yielded by x Mission-style cabinets = $910 * (x)

Profit yielded by a Rustic-style cabinet = $1200

Profit yielded by y Rustic-style cabinet = $1200 * (y)

Objective function: Max (910x + 1200y)

Subjected to Constraints

Labor Hours: No of hours required to produce a Mission-style cabinet =15

                   No of hours required to produce a Rustic-style cabinet =20

                   Total Labor Hours = 1200

Constraint 1) 15*(x) + 20*(y) = 1200

Budget = $30,000

Cost of materials for a Mission-style cabinet =$340

Cost of materials for a Rustic-style cabinet =$430

Constraint 2) 340*(x) + 430*(y) <= 30000

Constraint 3) x and y >= 0

Put these constraints in Excel solver, we obtain the maximum profit as $72,800 with 80 cabinets of Mission-style and no cabinets of Rustic-style to be used

8 0
2 years ago
Holbrook, a calendar year S corporation, distributes $51,700 cash to its only shareholder, Cody, on December 31. Cody's basis in
vfiekz [6]

Answer;

AAA account balance after distribution was 0

AEP account balance after distribution was 0

Cordy account balance after distribution was $18,095

Explanation:

Holbrook corporation

From AAA account

Distribution from AAA account 8,000 not taxable

Effect on stock basis (8000)

Balance after distribution 0

From AEP account

Distribution from account 7,755 is a taxable dividend, in which it doesn't affect stock basis because it is from a previous S-corporation.

Effect on stock basis 0

Balance after distribution 0

From Cody’s stock basis

Distribution from account 20,680

(51,700-23,265-7,755)

Effect on stock basis (20,680)

Balance after distribution

(62,040-23,265-20,680)= $18,095

6 0
2 years ago
Read 2 more answers
Princetown Inc. has a $4.82 million basis in 68% of the outstanding stock of Merryvale Corporation. Merryvale manufactures Chris
Snowcat [4.5K]

Answer:

$4.82 million ordinary loss

Explanation:

Note: The option to the question is attached

Merryvale is an affiliated corporation, so Princetown is allowed an ordinary loss in the worthlessness of the stock

6 0
2 years ago
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