The average waiting time at the checkout counter for a large grocery chain is 2.45 minutes with a standard deviation of 24 seconds (0.40 minutes). Assume that the distribution of waiting time is normal. What is the probability that a customer must wait more than 3 minutes for check out?
0.0838
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What are the five customer service characteristics that affect customer's opinions of service quality and what constitutes customer satisfaction?
What will be an ideal response?
If a company produces more than one product, which of the following statements is true?
a. The break-even point is computed by dividing the WACM into the total contribution margin. b. The break-even point is computed by dividing the WACM into the total variable costs. c. The break-even point is computed by dividing the WACM into the total sales revenue. d. The break-even point is computed by dividing the weighted average contribution margin (WACM)into the total fixed costs.
Typically, employers evaluate all jobs in the organization at one time.
Answer the following statement true (T) or false (F)
Kale Inc. forecasts the free cash flows (in millions) shown below. Assume the firm has zero non-operating assets. If the weighted average cost of capital is 11.0% and FCF is expected to grow at a rate of 5.0% after Year 2, then what is the firm's total corporate value (in millions)? Do not round intermediate calculations. Year 1 2 Free Cash flow-$50 $115?
A. $1,530 B. $1,833 C. $1,295 D. $1,446 E. $1,682