A suburban specialty restaurant has developed a single drive-thru window. Customers order, pay, and pick up their food at the same window. Arrivals follow a Poisson distribution while service times follow an exponential distribution

If the average number of arrivals is 6 per hour and the service rate is 2 every 15 minutes, what is the average number of customers waiting in line behind the person being served?
A) 0.50
B) 0.75
C) 2.25
D) 3.00
E) None of the above


C

Business

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Indicate whether the statement is true or false

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A. Highest cost. B. Lowest identification number. C. Most slack. D. Least slack. E. Smallest duration.

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When comparing two different investment alternatives of different sizes, which of the following measures for each alternative would be the best to use?

A) Return on investment B) Residual income C) Net income D) Contribution margin ratio

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Which of the following statements about amortization deductions isĀ false?

A. Amortization deductions reduce the tax basis of the amortized asset. B. Amortization is computed ratably (on a straight-line basis) over the asset's determinable life. C. Amortization deductions result in the recovery of the capitalized cost of an intangible asset. D. None of the above is false.

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