MR
Mario Rivas
Answers (3)
MR
Answered
A crew of mechanics at the Highway Department garage repair vehicles that break down at an average of λ = 7.5 vehicles per day (approximately Poisson in nature). The mechanic crew can service an average of μ = 10 vehicles per day with a repair time distribution that approximates an exponential distribution.
a. What is the utilization rate for this service system?
b. What is the average time before the facility can return a breakdown to service?
c. How much of that time is spent waiting for service?
d. How many vehicles are likely to be in the system at any one time?
a. What is the utilization rate for this service system?
b. What is the average time before the facility can return a breakdown to service?
c. How much of that time is spent waiting for service?
d. How many vehicles are likely to be in the system at any one time?
On May 13, 2024
(a) Utilization is ρ = 7.5 / 10 = .75 or 75%; (b) Ws = 1 / (10 - 7.5) = 1 / 2.5 = 0.4 days; (c) Wq = 7.5 / 10∗(10 - 7.5) = 0.3 days; (d) Ls = 7.5 / (10 - 7.5) = 7.5 / 2.5 = 3 units.
MR
Answered
Cutting Edge Technologies reported the following information in its 2019 annual report:
1.Determine the inventory turnover ratio.(Round your answer to two decimal places. )
2.Determine the average days to sell inventory.(Round your answer to a whole number. )
3.Explain the meaning of each ratio.
1.Determine the inventory turnover ratio.(Round your answer to two decimal places. )2.Determine the average days to sell inventory.(Round your answer to a whole number. )
3.Explain the meaning of each ratio.
On May 13, 2024
1.6.50 = ($11,010/$1,695 average inventory).Average inventory = [(1,840 + 1,550)/2].
2.56 days, (365 days/6.50).
3.The inventory turnover ratio identifies how many times the inventory was sold or liquidated during the year's time while the average days to sell shows the volume of sales that can be supported in terms of number of days' stock on hand.As the inventory turnover increases,the company will carry less stock in terms of days' sales.
2.56 days, (365 days/6.50).
3.The inventory turnover ratio identifies how many times the inventory was sold or liquidated during the year's time while the average days to sell shows the volume of sales that can be supported in terms of number of days' stock on hand.As the inventory turnover increases,the company will carry less stock in terms of days' sales.
MR
Answered
Which of the following statements about the objective theory of contracts is false?
A) The objective standard looks to the offeror's words,acts,and the circumstances signifying about his intent.
B) If a reasonable person familiar with the circumstances would be justified in believing that the offeror intended to contract,the intent requirement is satisfied.
C) The objective standard is often unpredictable and creates inconsistent results.
D) A court could find that intent existed even if the offeror says that he did not intend to contract.
A) The objective standard looks to the offeror's words,acts,and the circumstances signifying about his intent.
B) If a reasonable person familiar with the circumstances would be justified in believing that the offeror intended to contract,the intent requirement is satisfied.
C) The objective standard is often unpredictable and creates inconsistent results.
D) A court could find that intent existed even if the offeror says that he did not intend to contract.
On May 10, 2024
C