User Account

All Pages

After how many hours should all the bulbs be replaced

Assignment Help Accounting Basics
Reference no: EM133049056

Question -

(a) The time of arrival of a person at work has a uniform distribution from 8:45 am to 9:15 am. On any day, what is the probability that the person will arrive late in the office, given that office starts from 9:00am?

(b) The maintenance department of a city's electric power company finds that it is cost-efficient to replace all streetlight bulbs at once, rather than to replace the bulbs individually as they burn out. Assume that the lifetime of a bulb is normally distributed, with a mean of 3500 hours and a standard deviation of 360 hours. If the department wants no more than 2% of the bulbs to burn out before they are replaced, after how many hours should all the bulbs be replaced?

(c) Customers arrive at an ATM inside a shop at the rate of 10 per hour. Using the exponential distribution, determine (i) the probability that the next customer will arrive within 30 minutes. (ii) the probability that there will be no customer in the next hour.

Reference no: EM133049056

Questions Cloud

Find the amount credited to paid-in capital in excess of par : PeaRock Corporation issues 3,000 shares of $45 par common stock for $50 per share. Find the amount credited to paid-in capital in excess of par
Prepare the journal entries for the items : Prepare the journal entries for the below items assuming that MEI designates the forward contract as a cash flow hedge: sale and the forward contract
Operational data and decision support data : Q1. Operational data and decision support data serve the same purpose. True False
Addressing indigenous peoples concerns : Imagine you are working for a forestry company. The company has asked you to be on the negotiating team for a new project. The new project wants to extract natu
After how many hours should all the bulbs be replaced : If the department wants no more than 2% of the bulbs to burn out before they are replaced, after how many hours should all the bulbs be replaced
Discuss statement using relevant leadership theory : Critically discuss this statement using relevant leadership theory. Provide appropriate examples to substantiate your answer.
Identify one internal information source : Identify one internal information source and one external information source that can be used to identify sustainability improvements that a company could make.
How a supermarket business is able to enter brazil : Using Root's Foreign Market Entry Strategy Model, analyze how a supermarket business is able to enter Brazil?
What is the sunk cost : What is the sunk cost? Suppose Li had already paid $10,000 for the project, and then she found the NPV of all the future cash flows was only $6,000

Reviews

Write a Review

Accounting Basics Questions & Answers

  Compute the overhead rate using the traditional approach

Overhead cost allocated to the machining activity cost pool is $222,000, Compute the overhead rate using the traditional (plantwide) approach

  What is the consolidated diluted earnings per share

What is the consolidated diluted earnings per share (DEPS) if the subsidiary data include: 3,000 shares of common stock, 150 shares of convertible bonds

  Compute the times interest earned ratio

The 2006 Fain financial statements contain the following selected data (in millions). Compute the Times interest earned ratio

  Depreciation and payroll journal

Illustrate the effect on the account and financial statements of paying and recording the March 17th payroll. Determine the following amounts of the employer payroll taxes related to the March 17th payroll: a) FICA tax payable b)state unemployment t..

  Prepare a multi-step income statement

Paid cash of $4,100 for selling and administrative expenses. Prepare a multi-step Income statement. Include common size percentages on the Income statement

  Determine the sales revenue for the current year

Assuming that the cost of sales is 75% of the sales revenue, determine the sales revenue for the current year

  What is Towson accrual basis net income or loss

The cost of this policy was $6,000. What is Towson's 2018 accrual basis net income or loss? Enter a loss as a negative number

  Taxpayer gross income for tax purposes

Determine the taxpayer's gross income for tax purposes in each of the following situations:

  What the division a residual income

Selected data from Division A of Green Company are as follows: Sales $400,000 Average investment $352,000. What the Division A's residual income

  Develop and implement a system of internal controls

Your friend, Lisa, plans to open a nail salon. Lisa states that she does not have time to develop and implement a system of internal controls

  Flexible-budget variances

Compute the static budget variances and the flexible-budget variances for variable and fixed costs for the systems consulting department for June 20X1.

  Te inventory at may 1 and the costs charged to work in

the inventory at may 1 and the costs charged to work in process--department b during may for stella company are as

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd