User Account

All Pages

What is the average number of customers

Assignment Help Accounting Basics
Reference no: EM133088230

Question - The customer service desk at Joe's Discount Electronics store receives 3 customers per hour on average. On average, each customer requires 15 minutes for service. The customer service desk is staffed by a single person. What is the average number of customers in the customer service area, if modeled as an M/M/1 queuing system?

a. 0.7500

b. 1.0000

c. 2.2500

d. 3.0000

Reference no: EM133088230

Questions Cloud

Internet business model : What Internet business model would be appropriate for Columbiana
What is the closing balance of the allowance : During 2018, the company's sales of equipment were $820,000. What is the closing balance of the Allowance for Doubtful Accounts at the end of 2018
Descriptive studies and causal studies : 1. Explain the following research designs: Descriptive Studies and Causal Studies. 2. Discuss in detail the essential components of a research proposal.
How can you help sarah understand the conflict : Sarah experiences a disagreement with her boss. She feels disappointed and sad. A)- How can you help Sarah understand the conflict and what suggestions can you
What is the average number of customers : The customer service desk is staffed by a single person. What is the average number of customers in the customer service area
Outline how project managers lead : Define leadership and explain the difference between leadership and management and Describe and apply behavioural and contingency theories of leadership
Explain the three phases of strategic management : Based on your understanding, A)-B)- explain the three phases of strategic management. give an example of each one.
Government health insurance programs : Consider the Affordable Care Act and other government health insurance programs. Many individuals feel that the spending for these programs is out of control an
Compute the direct materials quantity variance : The company expected to produce 1,100 units for the upcoming month, August 2016. Compute the direct materials quantity variance

Reviews

Write a Review

Accounting Basics Questions & Answers

  What tax advantage does the series ee bond offer

A Series EE U.S. government savings bond accrues 3.5% interest each year. What tax advantage does the Series EE bond offer

  Determine the cost of sales for the period amounted

The following information is available for the Golden Retriever Company for the current year: Gross profit P968,000. Determine the cost of sales for the period

  Commitments and unrecorded liabilities to vendors

How might a purchasing manager use his/her position to defraud the company? What can be done to prevent it? Where could an auditor look to find evidence of losses on purchase commitments and unrecorded liabilities to vendors?

  Prepare journal entries to establish the fund on January

Prepare journal entries to (1) establish the fund on January 1, (2) reimburse it on January 8, and (3) both reimburse fund and increase it to $330 on January 8

  Problem regarding the national retail chain

On April 3, Kountry Repair Service accepted the seller's counteroffer of $230,000. On September 15, the land was assessed at a value of $185,000 for property tax purposes. On January 9 of the next year, Kountry Repair Service was offered $300,000 ..

  Create a contribution margin-based income statement

Determine each of the following values. Unit contribution margin,Monthly break-even unit sales volume,Before-tax monthly profit,Monthly margin of safety in units

  Why do you think knigh pulled the pledg

Do you think the University of Oregon would have won if it sued Knight to enforce the pledge? Why do you think Knigh, the founder of Nike, pulled his pledg?

  Calculate the rate of return on common shareholders equity

Novak Inc. also had 290,000 shares outstanding of cumulative, $3, no-par value preferred shares. Calculate the rate of return on common shareholders equity

  Manning co manufactures and sells trophies for winners of

manning co. manufactures and sells trophies for winners of athletic and other events. its manufacturing plant has the

  Prepare the journal entry to record the investment

On January 1, 2014, Meyer Company acquired MacNeill Corporation by issuing 42,500 shares, Prepare the journal entry to record the investment in the subsidiary

  Define liquidity ratios and asset management ratios

Define each of the following terms: Liquidity ratios: current ratio; quick, or acid test, ratio

  Discuss the type of input that should be gathered

Discuss whether or not operating practices should be changed to accommodate the tune-ups. Be sure to explain your reasoning.

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