Which of the following is not an assumption for the M/M/1 model with finite population source?
A) There is only one server.
B) The population of units seeking service are finite.
C) Arrivals follow a Poisson distribution and service times are exponential.
D) Customers are served on a first come, first served basis.
E) The length of the queue is independent of the arrival rate.
E
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Exhibit 16-1 The Zeller Corporation's stockholders' equity accounts have the following balances as of December 31, 2016: Common stock, $10 par (30,000 shares issued and outstanding) $ 300,000 Additional paid-in capital 2,000,000 Retained earnings 5,700,000 Total stockholders' equity $8,000,000 ? Refer to Exhibit 16-1. On January 2, 2017, the board of directors of Zeller declared a 5% stock
dividend to be distributed on January 31, 2017. The market price per share of Zeller's common stock was $30 on January 2 and $32 on January 31. As a result of this stock dividend, the retained earnings account should be decreased by A) zero; only a memorandum entry is required. B) $15,000. C) $45,000. D) $48,000.
Which of the following occurs when the team can produce something beyond the sum of individual member contributions?
A. synergy B. collaboration C. collective effort D. work group
A flexible budget is an effective tool for budgeting factory overhead
Indicate whether the statement is true or false
A corporation is a legal entity created by federal law
Indicate whether the statement is true or false