Determine the average waiting time

Assignment Help Accounting Basics
Reference no: EM13130911

Ballard's Glass Company has a variable demand. Historically, its demand has ranged from 10 to 20 windows per day with an average of 15. John Ballard works eight hours a day, five days a week. Each order is one window and each window takes 26 minutes.

What is the average waiting time, in minutes?

Reference no: EM13130911

Questions Cloud

What is the cost per item in group : Group 3 consists of 500 pieces that are expected to sell for $0.72 each. Using the relative sales value method, what is the cost per item in Group 3? Please show step-by-step answer.
What is present value to be received : What is present value of $2,500 to be received at the beginning of each of 30 periods, discounted at 10% compound interest?
Explain concentrations are equivalent to hcl : Calculate concentrations of H30+ and the pH of each acidic solution. Since HCl is a monoprotic acid, the H30+ concentrations are equivalent to HCl. First do equation: (M con)(V con)=(M dil)(V dil)
What is the current dollar value of this contribution : Boulder City Hospital has just been informed that a private donor is willing to contribute $20,000 per year at the beginning of each year for 15 years. What is the current dollar value of this contribution if the discount rate is 8 percent?
Determine the average waiting time : John Ballard works eight hours a day, five days a week. Each order is one window and each window takes 26 minutes. What is the average waiting time, in minutes?
What will her retirement account be worth at the end : After completing her residency, an obstetrician plans to invest $10,000 per year at the end of each year in a low-risk retirement account. She expects to earn five percent for 35 years. What will her retirement account be worth at the end of these..
What is approximate value of inventory that was destroyed : From January 1 through the time of the fire, the company made purchases of $330,000 and had sales of $720,000. Assuming the rate of gross profit to selling price is 40%, what is approximate value of the inventory that was destroyed?
Compute concentrations of oh and the ph : Calculate concentrations of OH- and the pH of each basic solution. Since NaOH donates on OH- ion for each NaOH molecule, the OH- concentration is equivalent to the NaOH molarity. The pOH is calculated as -log[OH-] and the pH is calculated as 14-pO..
Calculate the effect of the equipment lease : Tranquility, Inc., an exempt organization, leases factory equipment to Blouses, Inc. Blouses is a taxable entity that manufactures women's clothing for distribution through upscale department stores.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

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