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Question: The expected time to complete processing by TSA security at San Jose airport (SJC) is 15 minutes. The average number of people in process by TSA security staff at San Jose airport (SJC) is 120. At what rate (in passengers per hour) are passengers processed by TSA security staff at San Jose airport (SJC)? A retail chain is trying to finalize the design of their payment kiosk, for national rollout. Two options are on the drawing board: Design A: A system with four human servers (each server provides exponentially distributed service at the rate of 10 customers/hour) with customers forming a separate line in front of each server. Customers are expected to join each queue at the rate of 8/hour. Design B: A single robotic server that provides constant duration service at the rate of 33 customers/hour. Customers are expected to join the system in a Poisson process at the rate of 32/hour. The average waiting time in the system is shorter in one of the two designs. What is that (shorter) average waiting time in the system (in hours)? Give your answer to four decimal place accuracy.
Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.
Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.
Prepare a master budget for the three-month period.
Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.
Evaluate the Predetermined Overhead Rate
Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.
Complete the schedule to compute the pool rates for the different activities.
Prepare Company financial statements
This individual assignment is based on the TerraCycle Inc.
Discuss the ethical issues
Calculate the GDP in Income Approach and Expenditure Approach
A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.
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