A suburban specialty restaurant has developed a single drive-thru window. Customers order, pay, and pick up their food at the same window. Arrivals follow a Poisson distribution while service times follow an exponential distribution
If the average number of arrivals is 6 per hour and the service rate is 2 every 15 minutes, what is the average number of customers waiting in line behind the person being served?
A) 0.50
B) 0.75
C) 2.25
D) 3.00
E) None of the above
C
Business
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The tax liability of a corporation with ordinary income of $1,500,000 is ________
Range of taxable income Marginal rate $0 to $50,000 15% 50,000 to 75,000 25 75,000 to 100,000 34 100,000 to 335,000 39 335,000 to 10,000,000 34 10,000,000 to 15,000,000 35 15,000,000 to 18,333,333 38 Over 18,333,333 35 A) $498,250 B) $510,000 C) $585,000 D) $690,000
Business
To determine the amount of overhead allocated, the overhead rate is divided by the cost driver
Indicate whether the statement is true or false
Business