The rockwell electronics corporation retains a service

Assignment Help Finance Basics
Reference no: EM13576826

The Rockwell Electronics Corporation retains a service crew to repair machine breakdowns that occur on an average of ( = 3 per day (approximately Poisson in nature). The crew can service an average of µ = 8 machines per day, with a repair time distribution that resembles the exponential distribution.

(a) What is the utilization rate of this service system?

(b) What is the average downtime for a machine that is broken?

(c) How many machines are waiting to be serviced at any given time?

(d) What is the probability that more than one machine is in the system? Probability that more than two are broken and waiting to be repaired or being serviced? More than three? More than four?

Reference no: EM13576826

Questions Cloud

A fire destroys the companys supply warehouse the warehouse : during the current year the harlow corporation which specializes in commercial construction has the following property
When the level of confidence and sample size remain the : q1. the width of a confidence interval will bea. narrower for 95 confidence than 99 confidenceb. wider for a sample
The manufacturing overhead budget of lewison corporation is : the manufacturing overhead budget of lewison corporation is based on budgeted direct labor-hours. the june direct labor
All sales are made on account at 20 per unit sixty percent : 1. all sales are made on account at 20 per unit. sixty percent of the sales are collected in the month of sale the
The rockwell electronics corporation retains a service : the rockwell electronics corporation retains a service crew to repair machine breakdowns that occur on an average of
Sally purchased a new computer five-year property on june 1 : sally purchased a new computer five-year property on june 1 2013 for 4000. sally could use the computer 100 of the time
Using the relative frequency approach what is the : the national center for health statistics reported that of every 883 deaths in recent years 24 resulted from an
While reconciling the checking account the staff accountant : while reconciling the checking account the staff accountant for jetway corp. noticed that an error had been made in
What is the 95 confidence interval for the proportion of : q1. the internal auditing staff of a local manufacturing company performs a sample audit each quarter to estimate the

Reviews

Write a Review

Finance Basics Questions & Answers

  Schnusenberg corporation just paid a dividend of 065 per

schnusenberg corporation just paid a dividend of 0.65 per share and that dividend is expected to grow at a constant

  Describing firms which issue commercial paper in singapore

Write down name of 5 firms which issue commercial paper in Singapore. How did subprime crisis influence market for commercial paper in developed economics. (You only require to give overall trends, specific examples).

  What is the value of the unlevered firm

The estimated earnings before interest and taxes are $239,000 annually forever. Currently, the firm has no debt but is in the process of borrowing $400,000 at 9.5 percent interest. The tax rate is 30 percent. What is the value of the unlevered fir..

  What will be the firm''s quick ratio after nelson has raised

What will be the firm's quick ratio after Nelson has raised the maximum amount of short-term funds? Round your answer to two decimal places.

  Estimate your exposure b to the exchange risk compute the

suppose that you hold a piece of land in the city of london that you may want to sell in one year. as a u.s. resident

  Estimate the continuation value in year using the perpetuity

You forecast that future free cash flows after year 5 will grow at 2% per year, forever. Estimate the continuation value in year 5, using the perpetuity with growth formula.

  She is willing to invest a lump sum today and leave the

misty needs to have 15000 at the end of 5 years to fulfill her goal of purchasing a small sailboat. she is willing to

  Describe tasks that financial intermediaries perform on

describe tasks that financial intermediaries perform on behalf of financial statement

  Set up for systematic savings plan

Wong, currently thirty-five, plans to stop work at the age of 65. His current salary is $750,000 per annum that is expected to increase by 3 percent yearly.

  What was the 2008 taxable income ignoring taxable

Using the income statement previously prepared, what was the 2008 taxable income ignoring taxable earning from savings and investments?

  Herbal resources is a small but profitable producer of

herbal resources is a small but profitable producer of dietary supplements for pets. this is not a high-tech business

  A draw the supply and demand graphs for this bond what is

the demand curve and supply curve for one-year discount bonds with a face value of 1000 are represented by the

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