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Nikitich
1 month ago
7

Do you dislike waiting in line? supermarket chain kroger has used computer simulation and information technology to reduce the a

verage waiting time for customers at stores. using a new system called quevision, which allows kroger to better predict when shoppers will be checking out, the company was able to decrease average customer waiting time to just seconds (informationweek website and the wall street journal website, january , ).

Business
1 answer:
Mariulka [3.1K]1 month ago
3 0

Answer:

Part a:

Show the probability density function for the waiting times at Kroger, assuming they are exponentially distributed.

Solution:

Probability density function f(x) = (1/ )*e-x/  = (1/26)*e-x/26 (result)

Part b:

Calculate the probability that a customer waits between 15 and 30 seconds.

Solution:

0.2462

Part c:

Determine the probability that a customer must wait longer than 2 minutes.

Solution:

0.0099

Explanation:

All calculations are included.

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Potentially hazardous foods on their way for delivery to your establishment must be kept at what maximum temperature?
marusya05 [3091]

Answer:

Option A, 135 Degree Fahrenheit, is the right answer.

Explanation:

Foods deemed potentially hazardous are those that necessitate temperature control to ensure they remain safe for consumption, even after several days. These foods include meat (both raw and cooked), dairy items such as milk and custards, seafood, along with both raw and processed vegetables or fruits, as well as cooked cereals, pastas, and rice. Such items are classified as hazardous. To maintain their safety for later usage, these foods must be kept at or below a maximum temperature of 135 Degree Fahrenheit.

8 0
1 month ago
Sherburne Snow Removal's cost formula for its vehicle operating cost is $2,510 per month plus $371 per snow-day. For the month o
Scilla [3249]
The total cost amounts to $8,817. The expense formula for Sherburne Snow Removal's vehicle is a $2,510 monthly base charge along with an additional $371 for each snowfall day. The actual activity level was 17 snow days. The flexible budget will adjust the standard costs to reflect actual utilization. The calculated fixed costs total $2,510, and the variable costs, multiplied by the number of snow days, amount to $6,307, combining for a total of $8,817.
8 0
20 days ago
The Marketing Control Statement is a valuable statement for marketers because it only utilizes costs that the marketer can contr
arsen [2965]
True. The Marketing Control Statement significantly aids marketers by focusing only on controllable costs, allowing them to manage both variable and programmed costs. This knowledge equips them to adjust effectively to achieve an optimal marketing mix that guarantees profitability. Furthermore, it is straightforward to prepare, making it appealing to marketers wanting to avoid the complex jargon of income statements.
3 0
20 days ago
Jane purchased a piece of equipment for $250,000 for use in her business. She incurred freight charges of $3,500, installation c
stepan [3001]

Answer: $36,000 loss

Explanation:

Initial cost = $250,000

Shipping fees = $3,500

Setup fees = $2,500

Annual maintenance = $5,000

Depreciation amount = $25,000

Proposed selling price = $200,000

Total costs involved = $(250,000 + 3,500 + 2,500 + 5,000)

Total costs involved = $261,000

Depreciation amount = $25,000

Equipment's book value = $261,000 - $25,000 = $236,000

Calculating gain/loss = Book value - selling price

Gain/loss = $236,000 - $200,000

$36,000 loss

4 0
27 days ago
Rizzo Company has debentures ($1,000 par) outstanding that are convertible into the company's common stock at a price of $25. Th
Mariulka [3175]

Answer:

A. $880

B. -$752.23

Explanation:

To find the conversion value of the issue, we start with this calculation

The initial step is to compute the Conversion ratio using the following formula

Conversion ratio = Par value of security/ Conversion price

Substituting, we find

Conversion ratio = $1,000/$25

Thus, Conversion ratio = 40

Next, we determine the Conversion value with this formula

Conversion value = Conversion ratio * Conversion price

Substituting gives

Conversion value = 40*$22 per share

Therefore, the conversion value of the issue equals $880

B. Now calculating the Straight bond value of the issue

Using a financial calculator for Present Value (PV)

PMT = 8%*1,000 = 80

N = 12 years

1/Y = 12%

FV = 1,000

Thus, PV = -$752.23

This means the Straight bond value of the issue is -$752.23

5 0
17 days ago
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