What is the average time that a snowplow is out of service?
A crew of mechanics at the Department of Transportation garage make minor repairs to snowplows during the winter. The snowplows break down at an average rate of 4 vehicles per day and breakdowns are distributed according to the Poisson distribution. The mechanic can service an average of 7 vehicles per day with a repair time distribution that approximates a negative exponential distribution. Assume an 8 hour day.
Answer: .33 day or 2.64 hours
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Each of the following is a characteristic of a promissory note except a(n)
a. maturity date that can be determined on the date the note is signed. b. payee who has an unconditional right to receive a definite amount on a definite date. c. maker who agrees to pay a definite sum subject to certain conditions. d. amount to be paid that can be determined on the date the note is signed.
Women occupy what approximate percentage of all management and professional positions in American organizations?
A. 10% B. 25% C. 50% D. 70%
If fixed costs decrease, but variable cost and price remain the same, the break-even point:
A) decreases. B) increases. C) remains the same. D) may increase or decrease depending on sales.
Which of the following questions could an interviewer safely ask a candidate in a job interview?
a. Are you a United States citizen? b. When did you graduate from college? c. Could you carry a 100-pound weight, as required by this job? d. Are you married?