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julsineya [31]
2 years ago
8

Burrito King (a new fast-food franchise opening up nationwide) has successfully automated burrito production for its drive-up fa

st-food establishments. The Burro-Master 9000 requires a constant 30 seconds to produce a batch of burritos. It has been estimated that customers will arrive at the drive-up window according to a Poisson distribution at an average of one every 45 seconds. To help determine the amount of space needed for the line at the drive-up window
A. What is the average line length (in cars)?

B. What is the average number of cars in the system (both in line and at the window)?

C. What is the expected average time in the system?
Business
1 answer:
bezimeni [28]2 years ago
3 0

Answer:

(A)0.6600 (B) 1.325 (C) 0.997 or 1 minute

Explanation:

Solution

Given that:

The constant rate = 30 seconds

The arrival rate according to Poisson distribution is = 45 seconds

Now,

(A) We solve for the average length line of cars

The formula is given below:

Lq = λ²/ 2μ ( μ -λ)

Here,

λ = this is the mean time of arrival rate

μ = This is the mean service rate

Thus we compute for the mean time arrival rate which is given below:

The mean arrival rate λ = arrival rate/ 60 seconds

= 60/45

= 1.33 customer per minute

Then we solve for the means service rate which is given below

The mean service rate μ = 60 seconds/ mean rate

= 60/30 = 2 customer per minute

We will now solve for the average line length in cars which is shown below:

Lq = λ²/ 2μ ( μ -λ)

Lq = 1.33²/2*2 (2-1.33)

Lq = 1.7689/4 (0.67)

Lq = 1.7689/2.68

Lq = 0.6600

Therefore the average length in line for cars is 0.6600 cars

(B) We solve for the average number of cars in the system

Ls =Lq + λ /μ

Ls =0.600 + 1.33/2

Ls =0.6600 + 0.665

Ls = 1.325

(C) Finally we need to find the expected average time in the system which is shown below:

Ws = Ls/λ

Ws= 1.325/1.33 = 0.997 or 1.00

The expected time average  in the system is 0.997 or 1.00 minutes.

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The Maroon & Orange Gym, Inc., uses the accrual method of accounting. The corporation sells memberships that entitle the mem
SashulF [63]

Answer:

c. $180 in 2019

Explanation:

The company uses the accrual method of accounting. Under the method, revenues are reported on the income statement when they are earned, regardless of when the money is actually received or paid.

On July 1, 2017, the company sold a one-year membership and a two-year membership. In 2017, The Maroon & Orange Gym, Inc. has provided service for 6 months of each contracts.

Gross income of one-year membership in 2017 = $40 x 6 = $240

Gross income of one-year membership in 2017 = $30 x 6 = $180

Total income = $240 + $180 = $420

In 2018, the company continued to provide service for 6 months remaining of one-year membership and 12 months remaining of two-year membership.

Gross income of one-year membership in 2018 = $40 x 6 = $240

Gross income of one-year membership in 2018 = $30 x 12= $360

Total income = $240 + $360 = $600

In 2019, the company completed providing service for 6 months remaining of two-year membership.

Gross income in 2019 = $30 x 6= $180

4 0
2 years ago
You run a school in Florida. Fixed monthly cost is $5,371.00 for rent and utilities, $5,502.00 is spent in salaries and $1,071.0
oee [108]

Answer:  You will be indifferent when the total number of student is 20 (approx).

Explanation:

Let the number of student be x

Total profit from first operation:

= Charge per student × x - rent - salaries - insurance - Students stationary

= 725x - 5,371 - 5,502 - 1,071 - 99x

= 626x - 11,944

Total profit from second operation:

= Charge per student × x - rent - salaries - insurance - Students stationary

= 1169x - 10,110 - 6,928 - 2,339 - 177x

= 992x - 19377

At point of indifference,

Profit from first operation = profit from second operation

626x - 11,944 = 992x - 19377

366x = 7,433

 x = 20.30 or 20 (Approx)

Hence, you will be indifferent when the total number of student is 20 (approx).

6 0
2 years ago
Read 2 more answers
A professor at a university finds a way to reduce the costs of producing automobile glass. The method is very easy for anyone to
Dafna1 [17]

Answer:

b) the method to reduce costs of producing automobile glass, but not the formula for the substance that prevents smudging.

Explanation:

As provided, the professor develops a way which shall reduce the cost of producing the automobile glass, which apparently is very easy for anyone to copy and use.

Whereas, when a company develops the formula which creates a substance that prevents the automobile glass from getting smudged is again a technological knowledge although not that common.

Since the first one is apparently easy and other is patented which means both are common else not so common idea will not need patent as people would not be able to create such formula.

8 0
2 years ago
On January 1, Big Company acquires all of the common stock of Little Company by issuing 400,000 shares of $1 par value stock wit
Leno4ka [110]

Answer:

$816,000

Explanation:

Little company's income was for 864,000

We also have, amortization related to Little company for 48,000

we will decrease the income from Little company by this amount

giving a net result of 816,000

The dividends do not impact net income.

The Big Company transactions do not impact on the Little company net income unless we are provided otherwise.

We are not given any information of rtansactions intra-entity so we can conclude thats the consolidades earning for Little  Company.

7 0
2 years ago
Acme corporation currently has a 20% market share in a $15 billion industry (measured by sales revenue). emca corporation curren
denpristay [2]
Industry sales = $15 billions
Acme market share = 20%
Emca market share = 17%

Acme market share in form of sales:
Acme marker share = 20% of $20 billion = (20/100)*20 = $3.00 billions

Emca market share in form of sales:
Emca market share = 17% of $20 billions = (17/100)*20 = $2.55 billions

Difference between the market shares for two companies as a percentage:
Difference = |20%-17%| = 3% of $20 billion
3 1
2 years ago
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