What is the average labor utilization of the servers

Assignment Help Accounting Basics
Reference no: EM131893160

Problem

Katie Posh runs an upscale nail salon. The service process includes five activities that are conducted in the sequence described below. (The time required for each activity is shown in parentheses):

Activity 1: Welcome a guest. (1 minute)

Activity 2: Clip and file nails. (3 minutes)

Activity 3: Paint. (5 minutes)

Activity 4: Dry. (10 minutes)

Activity 5: Check out the customer. (4 minutes)

Three servers (S1, S2, and S3) offer the services in a worker-paced line. The assignment of tasks to servers is the following: S1 does Activity 1. S2 does Activities 2 and 3. S3 does Activities 4 and 5. The drying process does not require server 3's constant attention; she/he needs to only escort the customer to the salon's drying chair (equipped with fans for drying). The time to do this is negligible. There exists only one drying chair in the salon.

What is the average labor utilization of the servers (in decimal form)? Assume that there is unlimited demand and that the process only admits customers at the rate of the bottleneck.

Reference no: EM131893160

Questions Cloud

Compute kates taxable income : Kate is single and a homeowner. In 2016, she has property taxes on her home of $3,000, makes charitable contributions. Compute Kates taxable income for 2016.
What entry should major make at that time : Keith Company paid Major Company for merchandise with an $8,000, 60-day, 9% note dated April 1. What entry should Major make at that time?
Determine amount to be recognized as compensation expense : Determine the amount to be recognized as compensation expense in Year 2016, 2017, and 2018 under (1) IFRS and (2) U.S. GAAP.
How does katie need to budget for direct labor each month : Katie pays her cleaning staff $12.50/hour. If each location is cleaned once per week, how much does Katie need to budget for direct labor each month?
What is the average labor utilization of the servers : What is the average labor utilization of the servers? Assume that there is unlimited demand and that the process only admits customers at rate of bottleneck.
What do you think author of book meant by given statement : Kate Snow just retired from a career with Walmart, cashing out a sizable retirement fund. What do you think the author of the book meant by that statement?
How would you structure the monthly fees paid by the owners : Assigment: KDHK Corporation ( A "C" Corporation)- If the owners not to rent out the aircraft, how would you structure the monthly fees paid by the owners?
Determine the net present value : Kathy Myers frequently purchases stocks and bond, but she is uncertain how to determine the rate of return that she is earning. Determine the net present value.
What is kanyes approximate internal rate of return : Kanye Company is evaluating the purchase of a rebuilt spot-welding machine to be used in the manufacture. What is its approximate internal rate of return?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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