Business, 20.03.2020 23:59, user434568
There is only one copying machine in the student lounge of the business school. Students arrive at the rate of λ=50
per hour (according to a Poisson distribution). Copying takes an average of 50 seconds, or μ=72 per hour (according to a negative exponential distribution).
a) The percentage of time the machine is used = percent (round your response to the nearest wholenumber).
b) The average length of the queue = students(round your response to two decimal places).
c) The average number of students in the system = students (round your response to two decimalplaces).
d) The average time spent waiting in the queue = minutes (round your response to two decimal places).
e) The average time in the system = minutes(round your response to two decimal places).
Answers: 3
Business, 22.06.2019 12:50, 22iungj
Salaries are $4,500 per week for five working days and are paid weekly at the end of the day fridays. the end of the month falls on a thursday. the accountant for dayton company made the appropriate accrual adjustment and posted it to the ledger. the balance of salaries payable, as shown on the adjusted trial balance, will be a (assume that there was no beginning balance in the salaries payable account.)
Answers: 1
Business, 22.06.2019 16:00, angelinaranee15
In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.
Answers: 1
There is only one copying machine in the student lounge of the business school. Students arrive at t...