When you find you cannot pay your credit card bills you must take action! Which option is advisable?
A) Adjust your budget to allow for more money to pay for the cards.
B) Change to a less expensive credit card or cards.
C) Use a secured loan or home equity loan to get a lower interest rate to pay the cards off.
D) Use savings to pay off some or all of current credit card debt.
E) All of the above
Answer: E
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The CRAFT layout program will always yield an optimal solution
a. true b. false
Determine the average time that a snowplow is out of service
A crew of mechanics at the Department of Transportation garage make minor repairs to snowplows during the winter. The snowplows break down at an average rate of 4 vehicles per day and breakdowns are distributed according to the Poisson distribution. The mechanic can service an average of 7 vehicles per day with a repair time distribution that approximates a negative exponential distribution. Assume an 8 hour day. A) .33 hours B) 20 minutes C) 2.64 hours D) .19 days