Little's Law: Flow Rate 3 points possible (graded) 5. Which of the following clearly defines the Flow Rate (R) of a process? The time taken for a flow unit to go from the beginning to the end of the process The number of flow units in the process at a given moment in time The number of flow units going through the process per unit of time 6. A paper mill has on average 7200 quires of paper in production at any particular time (I = 7200). (A quire of paper is a measure of paper quantity. The usual meaning is 25 sheets of the same size and quality: 20 of a ream of 500 sheets.) A quire takes 40 minutes of paper production and 20 minutes for final packaging. How many quires of paper does the paper mill produces per minute (include the packaging as part of the total production flow)? (The answer are in quires/minute not per hour!) 120 quires/min 50 quires/min 5 quires/min 2 quires/min 7. The paper mill wants to improve its production. The mill has installed new machines, which reduces the production time by 20%, and has hired, more employees, which reduces the packaging time by 30%. The mill still has on average 7200 quires of paper in production at any particular time. What is the new number of quires that the paper mill can produce per minute? 2.61 quires/min 5 quires/min 156 quires/min the rate stays the same
Answers
To solve this problem, use Little's Law. Inventory = Flow rate × Flow time which will calculate the new number of quires that the paper mill can produce per minute.
Exactly what is the Little's law?According to Little's Law, the average number of customers over the long term in a stable system is equal to the product of the average effective arrival rate over the long term,, and the average customer dwell duration, W. L = W, Little's law, is a straightforward equation when expressed algebraically.
The significance of Little's legislation.In order to analyze the effectiveness of queuing systems, the law attempted to offer a straightforward methodology. For businesses and how they operate, it has grown to be a very important idea. This is due to the statement that the two essential criteria that determine the quantity of items in a queuing system are independent of all other factors.
To know more about Little's Law visit:
https://brainly.com/question/29538196
#SPJ4
Related Questions
Why is it important for a human resource manager to carefully maintain
employee records?
Answers
Answer:
Certain records require employee privacy to be protected. Not maintaining and following best practices for employee record keeping leaves you vulnerable to defending yourself against lawsuits, labor investigations or audits.
Explanation:
A contingent liability which should be disclosed on the balance sheet but does not require footnote disclosure. (true/false)
Answers
A responsibility or possible loss that could materialize in the future based on how a particular occurrence plays out is known as a contingent liability.
What is contingent liability?A responsibility or possible loss that could materialize in the future based on how a particular occurrence plays out is known as a contingent liability. Contingent liability can take the form of pending investigations, product warranties, and potential lawsuits. Liabilities that may be incurred by a company dependent on the result of an uncertain future event, such as the result of an ongoing lawsuit, are known as contingent liabilities.
When they are both probable and reasonably estimable as a "contingency" or "worst case" financial consequence, these obligations are not recorded in a company's records and are not displayed on the balance sheet. The kind and size of the contingent liabilities may be described in a footnote to the balance sheet. It is feasible to categories a loss's possibility as remote, improbable, or probable.
To learn more about contingent liability refer to:
https://brainly.com/question/17371330
#SPJ4
Suppose a worker made 4.25/ hour in 1993. How much is this worth today if the CPI in 1993 was 132 and today it is 237?
Answers
Yes that Is the answer
Which investment strategy would work best if you want to grow your investment slowly without losing much money?.
Answers
If you wanted to increase your investment gradually without losing money, the greatest investment plan would be one with minimal risk and return.The correct answer is option (A). Low risk, low return.
What is Investment Strategy?A set of guidelines created to aid an individual investor in achieving their financial and investing objectives is referred to as an investment plan. This strategy directs an investor's choices in accordance with goals, risk tolerance, and anticipated capital requirements.
Investors that use an investing plan can decide on their next investment quickly. The investing methods may be goal-oriented, which can assist investors in choosing an investment in line with their objectives. Most people agree that the safest investment on earth are U.S. Treasury bonds.
To know more about Treasury bonds, visit:
https://brainly.com/question/13984173
#SPJ4
When janelle decided to buy a new computer, she thought about all the brands she could recall seeing advertised, but when she visited her local best buy, she limited her search to only those brands she would consider buying. the brands available at best buy represent janelle's set.
Answers
Situational influences are transient circumstances that have an impact on consumer behavior.They include tangible elements like a store's layout, buying areas, music, lighting, and even odors.Businesses work to improve the physical conditions that shoppers encounter.
What are the situational factors that could alter the consumer decision making at the time of purchase?The likelihood that someone will go through all six stages of the purchasing process is probably limited to specific circumstances, such as when purchasing a thing for the first time or when purchasing expensive, durable, infrequently used items.Complex decision-making is what is meant when this occurs. Which of the aforementioned purchases would consumers be most likely to make with limited problem-solving.A regular coffee drinker's typical purchase is generally coffee to go.But problem solving skills will likely be reduced as a result of college courses. Physical surroundings, social surroundings, temporal perspective, task description, and antecedent state are the five components that make up situational factors. There are four different forms of consumer behavior: complex buying behavior, dissonance reduction, variety seeking, and habitual buying behavior. Consumer decision-making can appear complicated, but all buyers follow the same fundamental stages to choose the goods and services that will best meet their needs.Whether purchasing something, especially when it's something substantial like a car, consider your own thought process. When acquiring high-involvement products, buyers don't exhibit routine response behavior.Instead, they participate in what is known as prolonged problem solving, spending a lot of time weighing various factors such product features, costs, and warranties.To learn more about decision making refer
https://brainly.com/question/1249089
#SPJ4
Personal Financial
Literacy
Answers
Answer:
You would have to answer this because I dind't read the story.
Explanation:
Liz Mulig earns 52,000 per year as a philosophy professor. She receives a raise of 2.5% in a year in which CPI increases by 3.8%. ignoring taxes, find the effect of the two increases on her purchasing power. showwork
Answers
Answer:
She lost $754.05.
Explanation:
Giving the following information:
Liz Mulig earns 52,000 per year as a philosophy professor. She receives a raise of 2.5% in a year in which CPI increases by 3.8%.
The rise in her salary allows her to increase her purchasing power. On the contrary, inflation decreases purchasing power. We need to calculate the differences between both effects and determine whether she can buy more or less.
Increase in salary= 52,000*1.025= $53,300
Inflation effect= 52,000/(1-0.038)= $54,054.05
To maintain her purchasing power, now, she needs to earn $54,054.05.
She lost $754.05.
What steps will add slicers to a PivotTable? Use the drop-down menu to complete the steps.
Select the Pivot Table.
Click the Pivot Table Tools
tab.
Design, Format, Review, Options
In the group,
Filter, Slicer, Timeline, Data
Click
Insert Timeline, Insert Slicer, Active Field, Group
In the Insert Slicer dialog box, select the fields to create slicers for.
Click OK.
Answers
Answer:
1. options
2.Filter
3. Insert Slicer
Explanation:
I got it correct
The steps are as follows:
optionsFilterInsert SlicerPivot table
Pivot tables are a powerful Excel tool that helps us summarize large amounts of data and saves us a lot of time. Pivot tables are a reporting tool that has a fields section that contains four fields.
What does this table contains?It has four fields, that are:
Rows: Data that is taken as a specifier. Values: Count of the data. Filters: Filters to hide out certain data.Columns: Values under different conditions.Thus, the steps are as follows:
optionsFilterInsert SlicerLearn more on pivot table here - brainly.com/question/2222360
#SPJ2
Kate likes to draw and is quite good at it. She's also enjoyed photography classes and has a good eye. While she loves her artwork, she is looking for a stable career option. Which career should she choose and why?
Answers
Answer:
food
Explanation:
because
Answer:
peeee
Explanation:
peeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
list and explain three types of strategies used by an os to facilitate seamless way of process management.
Answers
There are three types of strategies used by an operating system (OS) to facilitate a seamless way of process management. They are as follows:
1. Preemptive strategy - In this type of strategy, the OS interrupts a running process to allow another process with a higher priority to execute. This helps in ensuring that critical processes are executed on time, which improves system performance.
2. Cooperative strategy - In this type of strategy, the running process voluntarily gives up the CPU to allow another process to execute. This type of strategy is more suitable for non-critical applications, as it relies on the cooperation of the running process.
3. Hybrid strategy - This type of strategy combines both preemptive and cooperative strategies. It allows the OS to take control of the CPU when a process has exceeded its allotted time, while also allowing a process to voluntarily give up the CPU. This type of strategy is more suitable for systems that have a mix of critical and non-critical applications.
In summary, these three types of strategies - preemptive, cooperative, and hybrid - are used by an OS to manage processes in a seamless way, ensuring that critical processes are executed on time, and system performance is optimized.
Learn more about seamless here:
https://brainly.com/question/25634202
#SPJ11
Liz just completed a Client Needs Assessment and her client
confirmed that he will require profitability tracking, and need to
create budgets and purchase orders in his accounting solution.
Answers
Answer:
QuickBooks Online Plus
The question and multiple-choices
What is the minimum QuickBooks Online version suitable for Liz's client?
QuickBooks Self-Employed QuickBooks Online Simple Start QuickBooks Online Essentials QuickBooks Online Plus QuickBooks Online Advanced PreviousExplanation:
QuickBooks Online Plus is an advanced feature that small business requires to make better management decisions pertaining to their business. The needs of Liz's client of tracking profitability and the need to create budgets can be meet by installing QuickBooks Online Plus.
Other features of QuickBooks Online Plus include
Keep track of financial records, such as invoices and statements.Update and reconcile payments automatically.Generate accurate estimates and convert them into invoices.Estimate project profitability by taking into account cost factors such as labor and job cost expenses. Automate workflows with rule-based remindersWhich of the following is a benefit of a bank?
A. You can get your cash quickly and easily.
B. A bank is insured by the federal deposit insurance corporation
C. You assets are safe from theft, loss, and fires
D. All the above
Answers
Answer:
D
Explanation:
Answer:
D. All the above
Explanation:
Find the present value of $7,000 to be received one year from now, assuming a 3 percent annual discount interest rate. also calculate the present value if the $7,000 is received after two years
Answers
The present value of $7,000 that will be received in a year, at a discount interest rate of 3% per year, is $6,796.12.
The current value, if the $7,000 is received after two years, is $6,598.17.
What is the rate of annual discount?The rate of return used in a discounted cash flow analysis to calculate the present value of future cash flows is called the annual discount rate. The total of all future cash flows (C) over a holding term (N) is discounted back to the present using a rate of return in an annual discounted cash flow analysis (r).How is the annual discount rate determined?Rate of Discount Formula
First, the present value is divided by the value of a future cash flow (FV) (PV) The amount that remains after the previous step is then increased to the reciprocal of the number of years (n) The discount rate is then calculated by deducting one from the value.
learn more about annual interest rate here
https://brainly.com/question/15728540
#SPJ4
You are willing to supply the most cookies at the
price.
price, and consumers will demand the most cookies at the price
lowest, highest
highest, lowest
Answers
Hope this helps :)
1. Which of the following are tasks associated with business administration positions? (2 poi
Select the two that apply.
answering phones
designing goods for production
delivering goods to market
maintaining records
repairing computers
Answers
Answer:It's A
Explanation: Took the test
what is the primary cause of failure for strategic initiatives?
Answers
Strategic initiatives are the ways through which a company translates its goals, objectives and visions into practice.
Raising of brand awareness, Launch of customer-facing retail outlets, Establishment of online channel for sales of products are examples of Strategic initiatives in a company.The major reason for failure of strategic initiatives is the inability of decision-makers in a company to understand the relevance and how to measure progress.Therefore, the primary cause of failure for strategic initiatives is ignorance about monitoring of progress.
Read more about this here
brainly.com/question/14778988
Answer:
Improper execution
Explanation:
Do you think large multinational corporations in general like Wal-Mart, Apple, McDonalds and Frito Lay are good or bad for the world? Is "globalization" another word for “Americanization”? Why or why not? (3 points) Explain using complete sentences.
Answers
Answer:
I think multinational corporations in like these are bad. Because even people on diets or trying to diet, and people buy it for them not knowing its hard for them to say no.
Explanation:
today is the worst day ever.
my school has two options; you do work online or in person.
im on my period today and it hurts a LOT. this is the first time it hurts this bad that I can't even stand up. not to mention i also feel like vomiting.
i usually go to school in person. yes, ik about corona-virus. my mom doesn't care.
i told her if today i can stay home and shes angry, shes complaining about my studies and how my cousins are better than me. honestly i cant put up with this. what do i do?
Answers
Answer:
first you need to claim yourself first
love yourself drinking water will help you feel good and comfortable be cozy and listen to peaceful song
lots of love
Is Kellyanne (aka...your mom) holding you hostage?
Reply in Morse code if help is needed.
the aggregate demand curve shifts when any of the following factors change except A) foreign income
B) fiscal policy
C) monetary policy
D) the price level
E) expectations about the future
Answers
The aggregate demand curve shifts when any of the following factors change except for D) the price level. The aggregate demand curve represents the total demand for goods and services in an economy at different price levels.
It illustrates the relationship between the overall level of output (GDP) and the general price level. Shifts in the aggregate demand curve occur when there are changes in factors that influence the total demand in the economy.
Factors such as foreign income, fiscal policy, monetary policy, and expectations about the future can all lead to shifts in the aggregate demand curve. For example, changes in foreign income can affect the demand for a country's exports, thereby impacting aggregate demand. Fiscal policy, which involves government spending and taxation, can also influence aggregate demand through changes in government expenditure or tax rates. Similarly, monetary policy, which involves adjustments to interest rates and the money supply, can impact borrowing, spending, and investment in the economy. Expectations about the future, such as anticipated changes in income or economic conditions, can also affect consumer and business spending decisions, thereby influencing aggregate demand.
On the other hand, the price level does not cause a shift in the aggregate demand curve but rather moves along the curve. Changes in the price level lead to movements along the aggregate demand curve, as they affect the purchasing power of consumers and the cost of production for businesses.
To learn more about Fiscal policy visit: brainly.com/question/29790045
#SPJ11
Jim asked Gina if she wanted a contemporary or traditional style couch. Why was that the wrong question to ask?
a) He should have been able to tell Gina's tastes from the way she dressed.
b) He limited Gina's choices before she had really considered them.
c) He made Gina feel like she did not have good taste in furniture.
Answers
Answer:
B
Explanation:
In the past couple of decades, the Public-Private Partnership model (PPP) has been used by governments around the world to facilitate investments in public infrastructure. A PPP is a way of delivering and funding public infrastructure projects where project risks shared between the public and private sector. In a PPP there is a long-term agreement between the government and a private partner where the service delivery objectives of the government aligned with the profit objectives of the private partner. Besides, the government requires the quality and quantity of the service it necessitates from the private partner. The private partner may be tasked with the design, construction, financing, operation, and management of the infrastructure asset and the delivery of a service to the government or the public using that asset. There has been an increasing market of PPP for the improvement and procedure of infrastructure projects in Malaysia. However, a few empirical studies have been conducted in its overall implementation challenges that need serious attention from the construction stakeholders. (Source: Khaderi et al., 2019) Outline FIVE (5) risks of PPP implementation in infrastructure project with example.
Answers
Five risks of PPP implementation in infrastructure projects include financial risks, regulatory risks, political risks, operational risks, and stakeholder risks.
Financial risks: PPP projects often involve significant financial investments, and there is a risk of cost overruns, inadequate revenue generation, or inability to secure funding. For example, if a toll road project fails to attract enough traffic to generate anticipated revenue, it can lead to financial difficulties for the private partner.
Regulatory risks: PPP projects are subject to various regulations and legal frameworks. Changes in regulations or delays in obtaining necessary permits can pose risks. For instance, if there are delays in obtaining environmental clearances for a power plant project, it can result in delays and increased costs.
Political risks: Political factors, such as changes in government or policy shifts, can impact PPP projects. A change in government priorities or lack of political support can lead to project delays, cancellations, or renegotiations. For example, if a new government decides to prioritize different infrastructure projects, it can jeopardize the continuity of an ongoing PPP project.
Operational risks: PPP projects involve the private partner taking responsibility for the operation and maintenance of the infrastructure asset. Operational risks include technical failures, inadequate service quality, or disruptions in service delivery. For instance, a water treatment plant operated by a private partner may face operational challenges leading to water supply interruptions.
Stakeholder risks: PPP projects involve multiple stakeholders, including the government, private partner, users, and local communities. Conflicting interests, lack of consensus, or disputes among stakeholders can pose risks. For example, if a transportation project faces opposition from local communities due to environmental concerns, it can create delays and obstacles in project implementation.
In conclusion, the risks of PPP implementation in infrastructure projects encompass financial, regulatory, political, operational, and stakeholder aspects. These risks need to be carefully assessed and managed to ensure the successful delivery of infrastructure projects through the PPP model.
Learn more about Stakeholder
brainly.com/question/30241824
#SPJ11
Please post detailed answers to the following questions. Please use complete sentences. Why is money management important? How would you rate your own money management?
Answers
One of the most crucial aspects of you financial life is money management.
Why is proper money management important?Reaching your financial objectives, paying off debt, and increasing your savings can all be facilitated by understanding how to budget, spend, and save.It is strongly advised that students create a budget for each category, such as food, phone, travel, etc. Any person should be very aware of where their funds are coming from and going. You may find out where you overspend and where you waste money by keeping track of your costs. Your money remains in good shape if you consistently spend less as you make.
To know more about management visit:
https://brainly.com/question/29023210
#SPJ1
The study of group __________ helps us to recognize the formation of a group and states how the group should be organized, lead and promoted. Fill in the blank.
Answers
Answer:
dynamics
Explanation:
Group dynamics is a term that is used in describing the formation and the actual nature or characteristics of a group in connection to every member of the group and or in relation to how the group interacts with other groups.
Hence, the study of group DYNAMICS helps us to recognize the formation of a group and states how the group should be organized, lead, and promoted.
When the Group of dynamics may be a term that's utilized in describing the formation and also the actual nature or characteristics of a bunch in connection to each member of the group and or in respect to how the group interacts with other groups.
DynamicsHence, the study of social psychology that is Dynamics helps us to acknowledge the formation of a gaggle and states how the group should be organized, lead, and promoted.
Thus, the correct answer is Dynamics
Find out more information Dynamics here:
https://brainly.com/question/18114174
The data show the
number of railroad crossing accidents for the 50 states
of the United States for a specific year. Construct a
histogram, frequency polygon, and ogive for the data.
Comment on the skewness of the distribution. (The data
in this exercise will be used for Exercise 14 in this
section.)
Class limits Frequency
1–43 24
44–86 17
87–129 3
130–172 4
173–215 1
216–258 0
259–301 0
302–344 1
Answers
Answer:
I hope this helps
Explanation:
216-258 0
You are given the following information on an imaginary economy of their adult population The number of people who are employed is 60,000
The number of people who are unemployed is 3,500
The number of people who are not in the labor force is 12,000
Based on the above information calculate the following for this economy,
a. Unemployment rate
b. Labor Force Participation Rate
Answers
a. The unemployment rate in this economy is approximately 5.51%.
b. The labor force participation rate in this economy is approximately 84.11%.
a.
Unemployment Rate:
The unemployment rate is the percentage of the labor force that is unemployed.
Unemployed = 3,500
Labor Force = Employed + Unemployed
= 60,000 + 3,500
= 63,500
Unemployment Rate = (Unemployed / Labor Force) × 100
= (3,500 / 63,500) × 100
≈ 5.51%
Therefore, the unemployment rate in this economy is approximately 5.51%.
b.
Labor Force Participation Rate:
The labor force participation rate is the percentage of the adult population that is part of the labor force.
Labor Force Participation Rate = (Labor Force / Adult Population) * 100
= (63,500 / (60,000 + 3,500 + 12,000)) × 100
= (63,500 / 75,500) * 100
≈ 84.11%
Therefore, the labor force participation rate in this economy is approximately 84.11%.
Learn more about unemployment rate from the link given below.
https://brainly.com/question/29400060
#SPJ4
sorenson’s march 2020 video for marriott employees exhibited characteristics of _________blank leadership.
Answers
Sorenson's March 2020 video for Marriott employees exhibited characteristics of transformational leadership. In the video, Sorenson spoke directly to employees, acknowledging the challenges they were facing due to the COVID-19 pandemic and expressing empathy for their situation.
He also outlined the steps that Marriott was taking to support its employees and customers during this difficult time. Sorenson's leadership approach focused on inspiring and motivating employees to adapt to change and work towards a common goal. This type of leadership is characterized by a vision for the future, the ability to communicate effectively, and a focus on empowering and developing employees. However, the blank in your question needs to be filled with a leadership style to provide an accurate response. Please provide the leadership style you would like me to discuss in relation to Sorenson's video, and I'd be happy to help.
To know more about transformational leadership visit:
https://brainly.com/question/31270520
#SPJ11
Customer value depends on the product’s cost versus the perceived ________ the buyer received
Answers
Customer value depends on the product's cost versus the perceived benefits the buyer received.
Value is the satisfaction that a consumer derives from a product or service and is the difference between the perceived benefits and the perceived costs of the item.In other words, customer value is the difference between the total value that a customer perceives from a product and the total cost of the product. If the perceived benefits are greater than the cost, the customer will perceive the product as having high value.
On the other hand, if the cost is greater than the perceived benefits, the customer will perceive the product as having low value. Therefore, companies must strive to deliver products that offer greater perceived benefits than their cost in order to create value for their customers.
Learn more about product at: https://brainly.com/question/25528419
#SPJ11
The drawee is the
Question 4 options:
person who writes the check.
person who reconciles the account.
bank with which the drawer has an account.
person to whom the check is payable.
Answers
Answer:
C
Explanation:
The drawee is the bank with which the drawer has an account.
if the marginal product (extra output) per dollar spent on capital is 10 and the marginal product (extra output) per dollar spent on labor is $15, then this firm should buy more labor services. select the correct answer below: responses true true false
Answers
If a firm's marginal product (additional production) per dollar spent on capital is $10 and its marginal product (extra output) per dollar spent on labor is $15, it should invest in more labor services. This claim is accurate.
What is meant by marginal product?A marginal product of an input is the additional output that results by adding one unit of the that input to a current combination all productive elements. An example of an input would be labor. In economics, particularly within neoclassical economics, the marginal product and marginal productivity of the an input is the change of output that occurs from utilizing one extra unit of a particular input, provided that the quantities of many other inputs are remained constant.
How do you find a marginal product?The marginal product is the total production amount created from each additional unit of input employed in production (MP). By dividing the entire product increase by the input change, it is calculated. Because of the increase of marginal returns, every additional variable is more efficient than the prior input.
To know more about Marginal Product visit:
https://brainly.com/question/29652804
#SPJ4
give at least 3 personal gains in your business (my gain,community gain and country gain) by considering the table below
Answers
Answer:
My Business- Fashion Designing
My Gain- Daily profit generation, Job Satisfaction, Improvement of my business skill.
Community Gain- Access to well-designed dresses, Training for youths who wish to gain the skill
Country Gain- Employment of citizens, Contribution to the gross domestic product
Explanation:
In my business as a Fashion Designer, I benefit from the fact that I can make money for myself doing what I love. The business also affords me the opportunity to improve my business skill. For instance, good marketing helps me reach a wider audience.
The community I live in benefits from my service because they can always come to design their dresses in whatever styles they desire. Youths and others who wish to gain some skill can also register at an affordable price.
The country I reside in also benefits from the revenue generated from the business because it contributes to its gross domestic product. The citizens are also gainfully employed through the business.
My business: Pharmacy
My gain: Profit, income, access to free medical license drugs, safety, good health
Community gain: Access to good license My business: Pharmacy
My gain: Profit, access to free medical license drugs, safety, good health
Community gain: Access to good license drugs, ease of affordability, wellness and wholeness, free medical advice
Country gain: Employment of labor, access to good healthcare, tax, contribution to country's GDP, wellness and wholeness
for better understanding, lets explain what profits in business means
The aim of any business is to make profit. Business is referred to as any task or activity that aim to provide goods and services to people in order to make profitProfit is simply the amount of money a business earns above and beyond what it spends for salaries and other expensesbusiness gains covers the profit and other advantages be it pleasure, enjoyment, relaxation etc obtained or derived from any business transactionsfrom the above, we can therefore say that the answer My business: Pharmacy
My gain: Profit, access to free medical license drugs, safety, good health
Community gain: Access to good license drugs, ease of affordability, wellness and wholeness, free medical advice
Country gain: Employment of labor, access to good healthcare, tax, contribution to country's GDP, wellness and wholeness, is correct
learn more about Profits in business from:
https://brainly.com/question/24477585