A finite population waiting line model with N = 5 can serve 20 customers/day. There are 5 arrivals/day. What is the average number of customers in the queue?
A) 0
B) 1
C) 2
D) .1
E) 10
B
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For which of the following transactions would the present value of an annuity due concept be most appropriate for calculating the present value of the asset acquired or liability assumed?
A) A rental agreement is entered into with the initial payment due immediately. B) A rental agreement is entered into with the initial payment due one month from the signing of the agreement. C) A note payable is obtained from a bank requiring monthly payments for six years, beginning at the end of the current month. D) A machine is acquired by paying $20,000 cash and agreeing to pay equal annual amounts of $10,000 each at the end of the next three years.
According to the Myers–Briggs type indicator (MBTI), which of the following personality characteristics is related to making quick decisions or being flexible?
A. introversion/extraversion B. sensing/intuition C. thinking/feeling D. judging/perceiving
. Entrepreneurs who determine their goals and then look for the resources to enable them to reach their goals are using:
a. predictive logic b. the expected approach c. creation logic d. the organic approach
The Overseas Private Investment Corporation (OPIC) is an independent government agency
Indicate whether the statement is true or false