A customer enters a business and joins the one line that snakes back and forth through the lobby in order to receive service
The initial part of the service is performed by one customer service representative, after which the customer enters a second, shorter line to complete the service before leaving the establishment. Which description of this waiting line system is appropriate?
A) single channel, single phase
B) single channel, multiple phase
C) multiple channel, single phase
D) multiple channel, multiple phase
Answer: B
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Fake Stone, Inc. is projecting sales to decrease by 4 percent next year while the profit margin remains constant. The firm wants to increase the dividend payout ratio by 2 percent. What is the projected increase in retained earnings for next year?
A. $1,711.15 B. $1,898.67 C. $1,943.65 D. $1,969.92 E. $2,105.63
The Accounts Payable account of Golden, Inc. has the following postings:
Calculate the ending balance of the account. A) $12,000 credit B) $18,000 debit C) $18,000 credit D) $5,000 debit