At an automatic car wash, cars arrive randomly at a rate of 7 every 30 minutes. The car wash takes exactly 4 minutes (this is constant). On average, how many customers would be at the car wash (waiting in line or being serviced)?

A) 8.17
B) 7.46
C) 6.53
D) 0.46
E) None of the above


B

Business

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The ________ is a set of processes, metrics, and best practices developed by the Supply Chain Council

Fill in the blanks with correct word

Business

Willco, Inc. issues compensation options with the following terms. Strike = $45,

price = $42.00, ? = 0.48, r = 0.05, div = 0.02. What is the value of the option if it will be repriced at $30? Assume 10 years to expiration. A) $22.78 B) $24.65 C) $26.22 D) $30.46

Business

Which of the following sets of data illustrates skew?

a.2, 3, 5, 7, 9 b.450, 472, 523, 547, 601 c.23, 37, 42, 51, 147 d.12, 14, 15, 17, 19

Business

Which of the following errors causes net income to be understated?

A. Employee wages that have not been paid are not recorded. B. Revenue that has been earned but not yet collected has not been recorded. C. Depreciation Expense is not recorded. D. Collection of an accounts receivable is not recorded.

Business