A goal of many waiting line problems is to help a firm find the ideal level of services that minimize the cost of waiting and the cost of providing the service
Indicate whether the statement is true or false
TRUE
You might also like to view...
Buchanan Enterprises is considering investing in a machine that costs $400,000. The machine is expected to generate revenues of $175,000 per year for five years. The machine would be depreciated using the straight-line method with no half-year convention over five years and have no salvage value. The company considers the impact of income taxes in all of its capital investment decisions. The
company has a 40 percent income tax rate and desires an after-tax rate of return of 10 percent on its investment. The net present value of the machine is: A) $179,992. B) $(13,338). C) $119,337. D) $(1,966).
During March, the production department of a process operations system completed and transferred to finished goods 25,000 units that were in process at the beginning of March and 110,000 that were started and completed in March. March's beginning inventory units were 100% complete with respect to materials and 55% complete with respect to conversion. At the end of March, 30,000 additional units were in process in the production department and were 100% complete with respect to materials and 30% complete with respect to conversion. Compute the number of equivalent units with respect to both materials and conversion respectively for March using the FIFO method.
A. 165,000 materials; 144,000 conversion. B. 144,000 materials; 144,000 conversion. C. 165,000 materials; 165,000 conversion. D. 140,000 materials; 130,250 conversion. E. 135,000 materials; 119,000 conversion.
Ted and Janet were married and owned a piece of jungle property in a tenancy by the entirety. When Janet died, her will left of all her real property to T.J., their adult son. T.J. claims he is the sole owner of the jungle property. Ted objects and files a lawsuit for sole ownership of the jungle property
a. Ted will win because property owned in a tenancy by the entirety includes rights of survivorship for the surviving spouse. Ted will get the title to the entire property. b. Ted will win only a one-half interest in the jungle property. T.J. will own the other one-half interest because Janet had the right to will her half of the property to anyone she chose. c. Ted will lose and forfeit his entire interest in the whole property because a tenancy by the entirety means that one party owns the entire property. d. T.J. will be required to sell his share in the property to Ted.
The standard deviation measures the degree to which the actual losses from a loss distribution deviate from the expected loss
Indicate whether the statement is true or false