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Vlad1618 [11]
2 years ago
12

A manager of a taco stand is interested in advertising to get more lunch time customers, but doesn’t know how much time it takes

to process a single customer. The amount of time it takes to process a single customer will help the manager determine the maximum amount of customers they can process in the lunch hour. On average during lunch hour there are 12 people in line to approach the window. 4 people per minute leave the taco stand after receiving their food.
Fill in the blanks below.
I =________
R =_______
On average how long do customers wait in line? Calculate you answer in minutes. (Enter the value only. Do not enter text.)
Business
1 answer:
Ganezh [65]2 years ago
8 0

Answer:

R = 4 customers per minute

I = 12 customers in line

average time (T) = 3 minutes per customer

Explanation:

if we follow Little's Law and its assumptions: L = λW

  • L = average number of clients in line = 12
  • λ = arrival or departure rate = 4 per minute
  • W = average waiting time

W = L / λ

average waiting time = average number of clients in line / average number of clients arriving (or departing) = 12 / 4 = 3 minutes

Little's Law can also be written as I = RT

I = L

R = λ

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Answer:

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2 years ago
Spade Agency separates its accounts receivable into three age groups for purposes of estimating the percentage of uncollectible
Natali5045456 [20]

Answer:

The total estimated uncollectible debt is $6000 as computed below

Explanation:

The total estimated uncollectible debt is computed as follows:

Accounts not yet due              $25000*4%    $1000

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Accounts more than 60 days  $5000*50%    <u>$2500</u>

Total estimated uncollectible debt                 <u>  $6000</u>

The necessary journal entry to record this estimate is shown below:

Dr bad debt expense                        $5000

Cr  Allowance for uncollectible debt           $5000

Even though $6000 is the estimated uncollectible, the implication is that the closing balance in allowance for uncollebtible debt should be $6000,since there is a credit of $1000 already in the account, the balance required to top it up to $6000 is $5000

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The core competency of MotorCraft Inc. is its fuel-efficient engine found in its cars. These engines are developed and built in-
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Answer: B. redeploying and recombining existing core competencies to compete in future

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what type of grass u cuttin

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Answer:

0.047424

Explanation:

Given that

Expected return of security M = 17%

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