At a local fast food joint, cars arrive randomly at a rate of 12 every 30 minutes. Service times are random (exponential) and average 2 minutes per arrival. The average time in the queue for each arrival is
A) 2 minutes.
B) 4 minutes.
C) 6 minutes.
D) 8 minutes.
E) 10 minutes.
D
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Answer the following statements true (T) or false (F)
Disclosure will become less important in the future because of market efficiency.
Maintaining your air of helpfulness decreases a customer's resistance and establishes a basis for success. Provide some suggestions for dealing with customers who have a complaint or need to exchange an item. What are the implications of having customers not receive a satisfactory remedy to their problems or complaints?
What will be an ideal response?
If the most optimistic time for completing an activity is 8, the most likely time is 12, and the most pessimistic time is 20, then the estimated time for the activity is ______.
a. 12.7 b. 14.9 c. 18.2 d. 6.7
Filing bankruptcy means the end of credit for your life
Indicate whether the statement is true or false.