Business, 23.04.2021 15:50, shiannlacy33

Gubser Welding, Inc., operates a welding service for construction and automotive repair jobs. Assume that the arrival of jobs at the company’s office can be described by a Poisson probability distribution with an arrival rate of two jobs per 8-hour day. The time required to complete the jobs follows a normal distribution, with a mean time of 3.2 hours and a standard deviation of 2 hours. Answer the following questions, assuming that Gubser uses one welder to complete all jobs: 1. What is the average time a job waits before the welder can begin working on it?
2. What is the average number of hours between when a job is received and when it is completed?
3. What percentage of the time is Gubser’s welder busy?

Answers: 2

Show answers

Other questions on the subject: Business

Business, 21.06.2019 17:50, caitlinhardin8553

Which of the following best explains why a large company can undersell small retailers? a. large companies can offer workers lower wages because they provide more jobs. b. large companies can pay their employees less because they do unskilled jobs. c. large companies can negotiate better prices with wholesalers. d. large companies have fewer expenses associated with overhead.

Answers: 1

continue

Business, 22.06.2019 05:00, nkazmirski3229

At which stage would you introduce your product to the market at large? a. development stage b. market testing stage c. commercialization stage d. ideation stage

Answers: 3

continue

Business, 22.06.2019 06:10, jakeyywashere

Information on gerken power co., is shown below. assume the company’s tax rate is 40 percent. debt: 9,400 8.4 percent coupon bonds outstanding, $1,000 par value, 21 years to maturity, selling for 100.5 percent of par; the bonds make semiannual payments. common stock: 219,000 shares outstanding, selling for $83.90 per share; beta is 1.24. preferred stock: 12,900 shares of 5.95 percent preferred stock outstanding, currently selling for $97.10 per share. market: 7.2 percent market risk premium and 5 percent risk-free rate. required: calculate the company's wacc. (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.) wacc %

Answers: 2

continue

Business, 22.06.2019 09:00, episodegirl903

You speak to a business owner that is taking in almost $2000 in revenue each month. the owner still says that they are having trouble keeping the doors open. how can that be possible? use the terms of revenue, expenses and profit/loss in your answer

Answers: 3

continue

Do you know the correct answer?

Gubser Welding, Inc., operates a welding service for construction and automotive repair jobs. Assume...