For a single server, single queue system with an arrival rate of 12 customers per hour and a service rate of 20 customers per hour, what is the probability of zero customers in the system (to two decimal places)?
a. 1.67
b. 0.60
c. 0.40
d. Cannot be determined from the information given
c. 0.40
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In its first year of business, Talula, Inc. produced and sold 600 units. If Talula uses variable costing, ________.
A) its operating income for the period will be higher than under absorption costing B) its operating income for the period will be lower than under absorption costing C) its value of ending Finished Goods Inventory reported in the balance sheet will be higher than under absorption costing D) its operating income will be the same as under absorption costing
The ________ concept holds that a company's marketing should support the best long-run performance of the marketing system
A) selling B) global marketing C) sustainable marketing D) differential marketing E) marketing
A retailer can best implement a consumer's right to safety by _____
a. selling foods with additives b. age-labeling all toys c. providing a money-back guarantee on all goods and services d. nutritional labeling of all food products
Which of the following is least important when designing your Web site?
A) Grammar. B) Accuracy. C) Readability. D) A and B. E) A, B, and C.