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At the Franklin Post Office, patrons wait in a single line for the first open window. On average, 100 patrons enter the post office per hour, and each window can serve an average of 45 patrons per hour. The post office estimates a cost of $0.10 for each minute a patron waits in line and believes that it costs $20 per hour to keep a window open. Interarrival times and service times are exponential.
a. To minimize the total expected hourly cost, how many windows should be open?
b. If the post office's goal is to ensure that at most 5% of all patrons will spend more than five minutes in line, how many windows should be open?
Companies characterized by the production of basically homogeneous products will most likely use which of the following methods for the purpose of averaging costs and providing management with unit-cost data?
a company must decide between scrapping or reworking units that do not pass inspection. the company has 13000 defective
The Role of Juvenile Courts. The separation of the juvenile court from the adult court for hearing juvenile delinquencycases is a major social justice statement. The textbook lays out five critical thinking questions at the end of Chapter 6. Select..
Jacob Boling and Harlan Bishop, with capital balances of $43,000 and $57,000, respectively, decide to liquidate their partnership. After selling the noncash assets and paying the liabilities, there is $76,000 of cash remaining. If the partners sh..
melissa hoadley and kelly quayle borrowed 16000 on a 7-month 9 note from gopher state bank to open their business mks
scenario - ahi corporation is one of your clients in hawaii. the company had a good year last year and owes the irs
Characteristics of a partnership - List the seven items that would need to be incorporated into the written partnership agreement.
Use the Internet or the Strayer Library to research a company for which you would like to work (or your current company if you are already employed).
a newly hired mba is advising you that you should grow more aggressively and suggesting that you should do so by
What individual characteristics and qualifications should a company consider when choosing managerial candidates for foreign assignments?
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