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A fast-food restaurant has one drive-through window. On average, 40 customers arrive per hour at the window. It takes an average of one minute to serve a customer. Assume that interarrival and service times are exponentially distributed.
a. On average, how many customers are waiting in line?
b. On average, how long does a customer spend at the restaurant (from time of arrival to time service is completed)? c. What fraction of the time are more than three cars in line? (Here, the line includes the car, if any, being serviced.)
the balance sheet of morgan and rockwell was as follows immediately prior to the partnerships being liquidated cash
heritage insurance co. is a regional insurance company that began operations on january 1 2012. the following
Chris Smith coffee and pastry cart and a procurement card. Suggest some controls that should be in place. Identify some resources that need to be purchased for this business.
Complete the vertical analysis by computing each line item (a)(c) as a percentage of total assets. Round to the nearest whole percentage. What percentages of Southwest’s assets relate to inventory of parts and supplies versus property and equipment? ..
Events in the world of corporate finance during the past three (3) years have shown the importance of transparent and accurate financial reporting by businesses.
For the year ended December 31, 2013, Spike, Inc., reported earnings per share of $1.16. During 2014, the company had a 4 for 1 stock split.
Of the three liabilities described, which do you think poses the most risk for the company? In other words, for which liability are actual costs most likely to exceed the liability reported on the balance sheet? Uncertainty creates risk.
What is the difference between a branch and a department ? whatare the essentials of branch accounts?
mahmet eraned wages of 108,600 during 2011 he is single and claims two withholding allowances how much will mahmet's employer withhold in social security taxes for the year?
Compute the department's equivalent units of production with respect to direct materials under each of three separate assumptions.
hector corporation is a manufacturing company with annual sales of 25 million. its budget committee has created the
one client had indicated that they were interested in purchasing 42500 worth of products so the bookkeeper recorded the
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