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wariber [46]
1 year ago
14

Automobiles arrive at the drive-through window at the downtown Baton Rouge, Louisiana, post office at the rate of 4 every 10 min

utes. The average service time is 2 minutes. The Poisson distribution is appropriate for the arrival rate and service times are negative exponentially distributed.
a) The average time a car is in the system =_______ minutes (roundyour response to two decimal places).
b) The average number of cars in the system = _________cars (round your response to two decimal places).
c) The average number of cars waiting to receive service = ___________ cars.
d)The average time a car is in the queue =_________ minutes.
e) The probability that there are no cars at the window (round your response to two decimal places).
Business
1 answer:
Paul [167]1 year ago
5 0

Answer

The answer and procedures of the exercise are attached in a microsoft excel document.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

Download xlsx
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Explanation:

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When independent measurers get similar results when using the same accounting measurement methods, the financial information is:
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Answer: verifiable

Explanation:

A financial information is verifiable when the independent measurers get similar results when using the same accounting measurement methods.

In this scenario, the independent measures use thesame method but do their work separately without them knowing the results gotten by the other person. When there's similarity in the results, it shows that the results are verifiable.

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Wildhorse Construction Company had a contract starting April 2021, to construct a $24900000 building that is expected to be comp
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Answer:

The construction in process amount reported at December 2021 is $13,695,000

Explanation:

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The profit in percentage of cost is; 2,000,000/22,900,000 = 8.73%

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The proportionate profit = 12,595,000 * 8.73 = $1,100,000

The construction in process at December 2021 = Cost incurred + Proportionate profit = 12,595,000 + 1,100,000 = $13,695,000

3 0
2 years ago
Here are data on two companies. The T-bill rate is 4.8% and the market risk premium is 5.9%. Company $1 Discount Store Everythin
tiny-mole [99]

Answer and Explanation:

The computation of the fair return for each company is shown below:

Fair Return = Risk free rate of return + Beta × market risk premium

= 4.8 + 1.6 × 5.9  

= 14.24%

Now  

Everything $5 is

= 4.8 + 1 × 5.9

= 10.7%

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8 0
1 year ago
BlackBerry, which gained significant market share in the early 2000s in the business, government, and consumer markets, lost mar
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BlackBerry, which gained significant market share in the early 2000s in the business, government, and consumer markets, lost market share because "competitors offered phones with better designs and more features".

<u>Option:</u> B

<u>Explanation:</u>

The causes BlackBerry struggled are:

  • They were unable to innovate quickly enough. Apple and all the Android phone manufacturers released their phones with new operating system and physical shapes.
  • That was a major disruption in the market for cell phones and BlackBerry did not follow.

The company after Chen took over BlackBerry in late 2013 to concentrate more on apps. In 2016, the team stopped manufacturing its own branded phones and is now depending on suppliers to do so. The organization now provides a lot of its software and services revenues, as well as licensing, to big corporations.

4 0
1 year ago
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